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 | 8,224.9 | 7,501.3 | 6,129.3 | 4,762.1 | 4,227.4 | 3,885.3 | 3,550.0 | 2,976.8 |
| Revenue growth | 9.6% | 22.4% | 28.7% | 12.6% | 8.8% | 9.4% | 19.3% | 9.9% |
| Cost of goods sold | 6,132.6 | 5,953.4 | 5,085.1 | 3,938.0 | 3,489.2 | 3,146.4 | 2,869.8 | 2,408.9 |
| Gross profit | 2,092.4 | 1,547.9 | 1,044.2 | 824.1 | 738.2 | 738.9 | 680.3 | 567.9 |
| Gross margin | 25.4% | 20.6% | 17.0% | 17.3% | 17.5% | 19.0% | 19.2% | 19.1% |
| Sales and marketing | 398.1 | 400.4 | 377.5 | 320.4 | 278.5 | 259.7 | 239.6 | 198.7 |
| General and administrative | 245.1 | 268.0 | 194.9 | 169.9 | 138.5 | 130.8 | 122.2 | 95.2 |
| EBITA | 1,322.6 | 835.5 | 312.9 | 323.5 | 260.1 | 353.9 | 303.1 | 267.2 |
| EBITA margin | 16.1% | 11.1% | 5.1% | 6.8% | 6.2% | 9.1% | 8.5% | 9.0% |
| Amortization of intangibles | | | | | | 1.1 | 1.0 | 1.1 |
| EBIT | 1,322.6 | 835.5 | 312.9 | 323.5 | 260.1 | 352.8 | 302.1 | 266.1 |
| EBIT margin | 16.1% | 11.1% | 5.1% | 6.8% | 6.2% | 9.1% | 8.5% | 8.9% |
| Pre-tax income | 1,392.7 | 863.1 | 324.1 | 322.3 | 273.5 | 355.7 | 314.2 | 261.0 |
| Income taxes | 336.4 | 180.7 | 74.6 | 67.4 | 63.0 | 179.0 | 107.6 | 90.0 |
| Tax rate | 24.2% | 20.9% | 23.0% | 20.9% | 23.0% | 50.3% | 34.3% | 34.5% |
| Earnings from continuing ops | 1,056.2 | 682.4 | 249.5 | 254.9 | 210.5 | 176.7 | 314.2 | 171.0 |
| Earnings from discontinued ops | | | | | | | | 58.1 |
| Net income | 1,056.2 | 682.4 | 249.5 | 254.9 | 210.5 | 176.7 | 314.2 | 229.0 |
| Net margin | 12.8% | 9.1% | 4.1% | 5.4% | 5.0% | 4.5% | 8.9% | 7.7% |
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| Diluted EPS | $9.09 | $5.33 | $1.93 | $2.35 | $1.83 | $1.46 | $2.60 | $1.40 |
| Shares outstanding (diluted) | 116.2 | 128.0 | 129.2 | 108.3 | 115.1 | 120.9 | 120.8 | 122.4 |
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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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