Financial Summary (All financials)
| In millions, except per share items | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 |
| Revenues | 3,561.8 | 3,401.4 | 3,018.2 | 2,665.5 | 2,530.8 | 2,307.2 | 2,072.0 | 1,882.7 |
| Revenue growth | 4.7% | 12.7% | 13.2% | 5.3% | 9.7% | 11.3% | 10.1% | 37.7% |
| Cost of goods sold | 1,254.0 | 1,193.2 | 987.4 | 778.9 | 699.3 | 610.8 | 526.9 | 492.1 |
| Gross profit | 2,307.8 | 2,208.2 | 2,030.9 | 1,886.6 | 1,831.5 | 1,696.3 | 1,545.2 | 1,390.6 |
| Gross margin | 64.8% | 64.9% | 67.3% | 70.8% | 72.4% | 73.5% | 74.6% | 73.9% |
| Selling, general and administrative | 881.0 | 806.7 | 785.2 | 764.8 | 729.1 | 655.5 | 567.9 | 555.5 |
| EBITA | 1,428.2 | 1,401.3 | 1,253.5 | 1,133.5 | 1,119.1 | 1,043.5 | 979.1 | 821.9 |
| EBITA margin | 40.1% | 41.2% | 41.5% | 42.5% | 44.2% | 45.2% | 47.3% | 43.7% |
| Amortization of intangibles | 93.5 | 123.4 | 68.6 | 55.6 | 54.6 | 49.3 | 42.1 | 48.0 |
| EBIT | 1,334.7 | 1,277.9 | 1,184.8 | 1,077.9 | 1,064.5 | 994.1 | 937.0 | 773.9 |
| EBIT margin | 37.5% | 37.6% | 39.3% | 40.4% | 42.1% | 43.1% | 45.2% | 41.1% |
| Pre-tax income | 1,311.2 | 1,277.8 | 1,121.9 | 1,027.9 | 990.7 | 937.8 | 883.1 | 735.7 |
| Income taxes | 496.9 | 430.3 | 343.4 | 301.0 | 307.6 | 88.1 | 246.5 | 219.4 |
| Tax rate | 37.9% | 33.7% | 30.6% | 29.3% | 31.1% | 9.4% | 27.9% | 29.8% |
| Earnings from continuing ops | 623.9 | 673.6 | 606.8 | 545.3 | 505.1 | 681.5 | 1,109.5 | 398.3 |
| Earnings from discontinued ops | | | | | | | -61.3 | 12.8 |
| Net income | 623.9 | 673.6 | 606.8 | 545.3 | 505.1 | 681.5 | 1,048.2 | 411.1 |
| Net margin | 17.5% | 19.8% | 20.1% | 20.5% | 20.0% | 29.5% | 50.6% | 21.8% |
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| Diluted EPS | $4.76 | $5.18 | $4.66 | $3.83 | $3.40 | $4.44 | $6.70 | $2.37 |
| Shares outstanding (diluted) | 131.1 | 130.1 | 130.3 | 142.2 | 148.5 | 153.3 | 165.6 | 168.0 |
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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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