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 | 4,564.7 | 3,737.2 | 2,485.2 | 2,204.3 | 2,023.5 | 1,679.4 | 1,447.7 | 1,317.3 |
| Revenue growth | 22.1% | 50.4% | 12.7% | 8.9% | 20.5% | 16.0% | 9.9% | -9.8% |
| Cost of goods sold | 3,042.7 | 2,377.1 | 1,527.5 | 1,406.6 | 1,298.4 | 1,094.6 | 935.3 | 857.3 |
| Gross profit | 1,522.0 | 1,360.1 | 957.7 | 797.8 | 725.0 | 584.8 | 512.4 | 460.0 |
| Gross margin | 33.3% | 36.4% | 38.5% | 36.2% | 35.8% | 34.8% | 35.4% | 34.9% |
| Sales and marketing | 496.3 | 319.0 | 246.4 | 217.7 | 191.9 | 174.8 | 164.9 | 130.2 |
| Research and development | 159.8 | 104.3 | 80.3 | 68.4 | 50.0 | 42.9 | 37.2 | 32.9 |
| General and administrative | 194.9 | 144.3 | 118.2 | 109.0 | 103.8 | 87.6 | 74.7 | 52.9 |
| EBITA | 671.1 | 792.5 | 512.8 | 391.7 | 379.3 | 279.5 | 235.7 | 243.8 |
| EBITA margin | 14.7% | 21.2% | 20.6% | 17.8% | 18.7% | 16.6% | 16.3% | 18.5% |
| Amortization of intangibles | 103.3 | 49.9 | 32.3 | 28.6 | 22.1 | 28.9 | 33.0 | 23.6 |
| EBIT | 567.8 | 742.6 | 480.5 | 363.1 | 357.2 | 250.6 | 202.8 | 220.2 |
| EBIT margin | 12.4% | 19.9% | 19.3% | 16.5% | 17.7% | 14.9% | 14.0% | 16.7% |
| Pre-tax income | 508.5 | 691.5 | 446.2 | 319.6 | 311.1 | 203.7 | 153.7 | 123.0 |
| Income taxes | 99.6 | 135.0 | 99.0 | 67.3 | 69.9 | 44.1 | 56.5 | 45.2 |
| Tax rate | 19.6% | 19.5% | 22.2% | 21.1% | 22.5% | 21.7% | 36.8% | 36.8% |
| Net income | 399.5 | 550.5 | 350.6 | 252.0 | 238.3 | 157.8 | 97.2 | 77.7 |
| Net margin | 8.8% | 14.7% | 14.1% | 11.4% | 11.8% | 9.4% | 6.7% | 5.9% |
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| Diluted EPS | $6.18 | $8.57 | $5.50 | $4.01 | $3.83 | $2.52 | $1.49 | $1.12 |
| Shares outstanding (diluted) | 64.7 | 64.3 | 63.7 | 62.9 | 62.2 | 62.6 | 65.4 | 69.2 |
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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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