Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 1,824.6 | 1,973.8 | 1,728.2 | 1,764.1 | 1,593.7 | 1,543.8 | 1,356.2 | 1,327.8 |
| Revenue growth | -7.6% | 14.2% | -2.0% | 10.7% | 3.2% | 13.8% | 2.1% | 3.2% |
| Cost of goods sold | 787.8 | 804.0 | 801.2 | 770.8 | 681.1 | 659.9 | 633.1 | 591.3 |
| Gross profit | 1,036.9 | 1,169.8 | 927.0 | 993.3 | 912.5 | 883.9 | 723.1 | 736.5 |
| Gross margin | 56.8% | 59.3% | 53.6% | 56.3% | 57.3% | 57.3% | 53.3% | 55.5% |
| Selling, general and administrative | | | | | | | | |
| Sales and marketing | 26.4 | 16.3 | 14.5 | 35.7 | 30.5 | 28.9 | 26.6 | 27.9 |
| Research and development | 165.9 | 151.6 | 135.5 | 125.0 | 114.8 | 147.0 | 131.8 | 122.4 |
| General and administrative | 72.2 | 65.1 | 68.5 | 71.4 | 76.3 | 66.8 | 72.4 | 53.6 |
| EBITA | 603.0 | 858.8 | 632.7 | 761.2 | 691.0 | 641.3 | 492.3 | 429.6 |
| EBITA margin | 33.0% | 43.5% | 36.6% | 43.2% | 43.4% | 41.5% | 36.3% | 32.4% |
| Amortization of intangibles | 15.7 | 18.3 | 20.4 | 20.6 | 9.6 | 6.8 | 6.9 | 4.4 |
| EBIT | 587.3 | 840.5 | 612.2 | 740.6 | 681.3 | 634.5 | 485.5 | 425.3 |
| EBIT margin | 32.2% | 42.6% | 35.4% | 42.0% | 42.8% | 41.1% | 35.8% | 32.0% |
| Pre-tax income | 660.2 | 796.1 | 563.9 | 630.9 | 565.5 | 518.3 | 338.7 | 431.6 |
| Income taxes | 139.9 | 179.8 | 128.8 | 130.2 | 119.1 | 182.6 | 106.4 | 139.4 |
| Tax rate | 21.2% | 22.6% | 22.8% | 20.6% | 21.1% | 35.2% | 31.4% | 32.3% |
| Net income | 520.3 | 618.1 | 435.0 | 500.8 | 445.6 | 334.6 | 232.7 | 288.6 |
| Net margin | 28.5% | 31.3% | 25.2% | 28.4% | 28.0% | 21.7% | 17.2% | 21.7% |
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| Diluted EPS | $7.74 | $9.01 | $6.23 | $7.03 | $6.63 | $5.11 | $3.57 | $4.22 |
| Shares outstanding (diluted) | 67.2 | 68.6 | 69.8 | 71.3 | 67.2 | 65.4 | 65.1 | 68.4 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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