Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 4,441.6 | 3,708.5 | 3,518.4 | 3,367.4 | 3,298.5 | 3,028.8 | 3,020.7 | 3,005.4 |
| Revenue growth | 19.8% | 5.4% | 4.5% | 2.1% | 8.9% | 0.3% | 0.5% | 3.1% |
| Cost of goods sold | 1,716.0 | 1,494.2 | 1,442.8 | 1,378.8 | 1,313.5 | 1,229.7 | 1,267.9 | 1,265.7 |
| Gross profit | 2,725.6 | 2,214.3 | 2,075.6 | 1,988.6 | 1,985.1 | 1,799.1 | 1,752.8 | 1,739.7 |
| Gross margin | 61.4% | 59.7% | 59.0% | 59.1% | 60.2% | 59.4% | 58.0% | 57.9% |
| General and administrative | 555.6 | 485.5 | 484.8 | 449.0 | 481.5 | 426.1 | 431.6 | 427.0 |
| EBITA | 1,225.2 | 928.1 | 948.1 | 860.7 | 930.8 | 840.3 | 656.0 | 624.5 |
| EBITA margin | 27.6% | 25.0% | 26.9% | 25.6% | 28.2% | 27.7% | 21.7% | 20.8% |
| Amortization of intangibles | 5.7 | 21.4 | 28.8 | 27.8 | 27.9 | 26.3 | 25.8 | 24.9 |
| EBIT | 1,219.5 | 906.7 | 919.3 | 832.9 | 902.9 | 814.0 | 630.2 | 599.6 |
| EBIT margin | 27.5% | 24.4% | 26.1% | 24.7% | 27.4% | 26.9% | 20.9% | 20.0% |
| Pre-tax income | 1,216.5 | 907.4 | 823.4 | 825.3 | 773.9 | 723.2 | 631.1 | 608.6 |
| Income taxes | 62.7 | 45.7 | 41.8 | 45.8 | 53.1 | 28.3 | 44.8 | 44.3 |
| Tax rate | 5.2% | 5.0% | 5.1% | 5.6% | 6.9% | 3.9% | 7.1% | 7.3% |
| Net income | 1,153.7 | 861.8 | 781.7 | 757.6 | 662.4 | 673.4 | 579.9 | 563.9 |
| Net margin | 26.0% | 23.2% | 22.2% | 22.5% | 20.1% | 22.2% | 19.2% | 18.8% |
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| Diluted EPS | $4.25 | $3.20 | $2.92 | $2.81 | $2.48 | $2.50 | $2.13 | $2.09 |
| Shares outstanding (diluted) | 271.7 | 269.1 | 268.1 | 269.5 | 267.4 | 269.6 | 272.8 | 270.3 |
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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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