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| 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 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| U.S. | 1,902.1 | 1,837.5 | 1,777.4 | 1,694.2 | 1,683.3 | 1,637.2 | | |
| Other | 1,714.6 | 1,623.7 | 1,420.7 | 1,199.4 | 1,031.2 | 851.8 | | |
| Total revenues | 3,616.7 | 3,461.2 | 3,198.1 | 2,893.6 | 2,714.5 | 2,489.0 | 2,348.0 | 2,197.4 |
| Revenue growth [+] | 4.5% | 8.2% | 10.5% | 6.6% | 9.1% | 6.0% | 6.9% | 11.9% |
| U.S. | 3.5% | 3.4% | 4.9% | 0.6% | 2.8% | | | |
| Cost of goods sold | 1,383.8 | 1,269.0 | 1,132.7 | 987.6 | 953.5 | 875.8 | 809.1 | 725.6 |
| Gross profit | 2,232.8 | 2,192.3 | 2,065.5 | 1,906.0 | 1,761.0 | 1,613.2 | 1,538.9 | 1,471.8 |
| Gross margin | 61.7% | 63.3% | 64.6% | 65.9% | 64.9% | 64.8% | 65.5% | 67.0% |
| Selling, general and administrative [+] | 1,086.6 | 1,015.0 | 1,058.3 | 1,040.0 | 1,091.4 | 990.7 | 867.8 | 829.3 |
| Sales and marketing | 502.4 | 462.0 | 510.4 | 523.9 | 517.4 | 481.5 | 427.9 | 441.0 |
| General and administrative | 584.2 | 553.0 | 547.9 | 516.1 | 574.1 | 509.2 | 439.9 | 388.3 |
| Research and development | 391.4 | 335.4 | 269.3 | 261.4 | 246.2 | 222.4 | 167.6 | 148.6 |
| Equity in earnings | -7.6 | -14.0 | -13.1 | -1.1 | | | | |
| Other operating expenses | | | | | | | 26.6 | 27.1 |
| EBITDA [+] | 1,274.9 | 1,330.5 | 1,161.1 | 1,005.6 | 824.6 | 741.5 | 811.1 | 766.5 |
| EBITDA growth | -4.2% | 14.6% | 15.5% | 22.0% | 11.2% | -8.6% | 5.8% | 3.8% |
| EBITDA margin | 35.3% | 38.4% | 36.3% | 34.8% | 30.4% | 29.8% | 34.5% | 34.9% |
| Depreciation and amortization | 527.8 | 502.6 | 436.3 | 402.1 | 401.2 | 341.4 | 307.7 | 272.5 |
| EBITA | 747.2 | 827.9 | 724.8 | 603.6 | 423.4 | 400.1 | 503.5 | 494.0 |
| EBITA margin | 20.7% | 23.9% | 22.7% | 20.9% | 15.6% | 16.1% | 21.4% | 22.5% |
| Amortization of intangibles | 65.0 | 48.0 | 42.0 | 38.6 | 33.3 | 30.9 | 26.6 | 27.1 |
| EBIT [+] | 682.2 | 779.9 | 682.7 | 565.0 | 390.1 | 369.2 | 476.8 | 466.9 |
| EBIT growth | -12.5% | 14.2% | 20.8% | 44.8% | 5.7% | -22.6% | 2.1% | -4.8% |
| EBIT margin | 18.9% | 22.5% | 21.3% | 19.5% | 14.4% | 14.8% | 20.3% | 21.2% |
| Non-recurring items | 13.5 | 10.7 | 37.3 | 17.2 | 27.6 | 54.9 | 10.3 | 0.8 |
| Interest expense, net [+] | 7.8 | 56.7 | 40.0 | 15.0 | 16.3 | 1.0 | 3.9 | 7.3 |
| Interest expense | 11.1 | 72.3 | 69.1 | 49.4 | 43.2 | 18.8 | 18.6 | 18.5 |
| Interest income | 3.3 | 15.6 | 29.1 | 34.4 | 26.9 | 17.9 | 14.7 | 11.2 |
| Other income (expense), net [+] | -2.8 | 15.8 | 10.7 | -0.3 | -3.1 | 0.9 | 3.8 | -2.2 |
| Other | -10.4 | 1.8 | -2.5 | -1.4 | -3.1 | 0.9 | 3.8 | -2.2 |
| Pre-tax income | 658.0 | 728.2 | 616.1 | 532.5 | 343.1 | 314.2 | 466.4 | 456.6 |
| Income taxes | 126.7 | 62.6 | 45.9 | 53.4 | 44.7 | 91.4 | 145.6 | 135.2 |
| Tax rate | 19.3% | 8.6% | 7.5% | 10.0% | 13.0% | 29.1% | 31.2% | 29.6% |
| Net income | 523.7 | 651.6 | 557.1 | 478.0 | 298.4 | 222.8 | 320.7 | 321.4 |
| Net margin | 14.5% | 18.8% | 17.4% | 16.5% | 11.0% | 8.9% | 13.7% | 14.6% |
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| Basic EPS [+] | $3.29 | $4.01 | $3.43 | $2.94 | $1.78 | $1.30 | $1.83 | $1.80 |
| Growth | -17.8% | 16.9% | 16.7% | 64.7% | 37.3% | -29.2% | 1.8% | -3.8% |
| Diluted EPS [+] | $3.26 | $3.93 | $3.37 | $2.90 | $1.76 | $1.29 | $1.82 | $1.78 |
| Growth | -17.0% | 16.6% | 16.1% | 64.7% | 36.7% | -29.1% | 2.2% | -3.3% |
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| Shares outstanding (basic) [+] | 159.1 | 162.7 | 162.5 | 162.7 | 167.3 | 171.6 | 174.9 | 178.4 |
| Growth | -2.2% | 0.1% | -0.1% | -2.8% | -2.5% | -1.9% | -1.9% | 0.1% |
| Shares outstanding (diluted) [+] | 160.5 | 165.8 | 165.2 | 164.6 | 169.2 | 172.7 | 176.2 | 180.4 |
| Growth | -3.2% | 0.4% | 0.4% | -2.7% | -2.0% | -2.0% | -2.3% | -0.4% |
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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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