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 | 1,924.2 | 1,577.4 | 1,356.2 | 1,308.5 | 1,196.6 | 1,105.0 | 991.9 | 782.3 |
| Revenue growth | 22.0% | 16.3% | 3.6% | 9.3% | 8.3% | 11.4% | 26.8% | 20.9% |
| Cost of goods sold | 435.3 | 368.6 | 360.6 | 336.1 | 291.7 | 272.0 | 250.0 | 204.0 |
| Gross profit | 1,488.8 | 1,208.8 | 995.6 | 972.4 | 904.9 | 833.0 | 741.9 | 578.3 |
| Gross margin | 77.4% | 76.6% | 73.4% | 74.3% | 75.6% | 75.4% | 74.8% | 73.9% |
| General and administrative | 129.3 | 102.2 | 96.6 | 89.4 | 81.3 | 79.0 | 81.8 | 67.8 |
| EBITA | 1,065.9 | 980.7 | 668.4 | 641.6 | 628.8 | 684.1 | 504.4 | 388.1 |
| EBITA margin | 55.4% | 62.2% | 49.3% | 49.0% | 52.5% | 61.9% | 50.9% | 49.6% |
| Amortization of intangibles | 14.0 | 4.8 | 2.3 | 6.6 | 9.1 | 14.3 | 21.1 | 11.7 |
| EBIT | 1,052.0 | 976.0 | 666.1 | 635.0 | 619.7 | 669.7 | 483.3 | 376.4 |
| EBIT margin | 54.7% | 61.9% | 49.1% | 48.5% | 51.8% | 60.6% | 48.7% | 48.1% |
| Pre-tax income | 900.7 | 859.5 | 509.0 | 451.2 | 441.9 | 502.5 | 330.8 | 205.5 |
| Income taxes | -20.9 | -20.3 | -13.8 | -11.3 | -9.2 | 3.6 | -15.8 | -11.1 |
| Tax rate | | | | | | 0.7% | | |
| Net income | 921.2 | 877.8 | 517.6 | 451.1 | 447.1 | 514.2 | 397.1 | 209.5 |
| Net margin | 47.9% | 55.6% | 38.2% | 34.5% | 37.4% | 46.5% | 40.0% | 26.8% |
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| Diluted EPS | $6.50 | $6.27 | $3.99 | $3.31 | $3.36 | $3.83 | $3.15 | $1.65 |
| Shares outstanding (diluted) | 141.7 | 140.0 | 129.6 | 136.4 | 133.2 | 134.2 | 125.9 | 126.9 |
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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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