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 | 2,330.2 | 2,375.4 | 3,108.4 | 3,624.0 | 3,617.8 | 3,472.9 | 3,378.6 | 3,244.0 |
| Revenue growth | -1.9% | -23.6% | -14.2% | 0.2% | 4.2% | 2.8% | 4.2% | 5.0% |
| Cost of goods sold | 2,243.0 | 2,227.9 | 2,749.3 | 3,075.7 | 2,946.7 | 2,808.1 | 2,755.7 | 2,734.6 |
| Gross profit | 87.2 | 147.5 | 359.1 | 548.3 | 671.1 | 664.8 | 623.0 | 509.4 |
| Gross margin | 3.7% | 6.2% | 11.6% | 15.1% | 18.5% | 19.1% | 18.4% | 15.7% |
| Selling, general and administrative | 227.1 | 263.6 | 302.5 | 314.8 | 341.0 | 356.6 | 329.9 | 301.7 |
| EBITA | -165.0 | -220.2 | 24.2 | 125.9 | 314.5 | 314.6 | 270.9 | 230.7 |
| EBITA margin | -7.1% | -9.3% | 0.8% | 3.5% | 8.7% | 9.1% | 8.0% | 7.1% |
| Amortization of intangibles | 7.3 | 11.6 | 18.0 | 14.8 | 14.1 | 13.6 | 13.9 | 16.4 |
| EBIT | -172.4 | -231.8 | 6.2 | 111.1 | 300.4 | 301.0 | 257.0 | 214.2 |
| EBIT margin | -7.4% | -9.8% | 0.2% | 3.1% | 8.3% | 8.7% | 7.6% | 6.6% |
| Pre-tax income | -289.5 | -330.2 | 98.3 | 69.7 | 212.7 | 194.8 | 153.0 | 88.3 |
| Income taxes | 39.4 | -60.8 | 36.1 | -29.4 | 71.5 | 54.3 | 41.2 | 42.8 |
| Tax rate | | 18.4% | 36.7% | | 33.6% | 27.9% | 26.9% | 48.5% |
| Net income | -322.8 | -267.6 | 67.5 | 103.6 | 138.0 | 139.0 | 111.9 | 42.8 |
| Net margin | -13.9% | -11.3% | 2.2% | 2.9% | 3.8% | 4.0% | 3.3% | 1.3% |
| |
| Diluted EPS | ($18.94) | ($15.82) | $3.92 | $5.66 | $7.35 | $7.42 | $6.08 | $2.39 |
| Shares outstanding (diluted) | 17.0 | 16.9 | 17.2 | 18.3 | 18.8 | 18.7 | 18.4 | 17.9 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|