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-05-18 | Dec-31-17 | Dec-31-16 |
| Revenues | 1,809.8 | 1,597.2 | 1,054.0 | 1,329.7 | 1,009.0 | 1,009.0 | 882.6 | 822.4 |
| Revenue growth | 13.3% | 51.5% | -20.7% | 31.8% | 14.3% | | 7.3% | 3.0% |
| Cost of goods sold | 42.1 | 7.9 | 1.0 | 0.0 | 0.0 | 729.6 | 0.0 | 0.0 |
| Gross profit | 1,767.7 | 1,589.3 | 1,053.0 | 1,329.7 | 1,009.0 | 279.4 | 882.6 | 822.4 |
| Gross margin | 97.7% | 99.5% | 99.9% | 100.0% | 100.0% | 27.7% | 100.0% | 100.0% |
| Selling, general and administrative | 164.2 | 138.5 | 114.8 | 122.0 | 90.6 | 90.6 | 83.5 | 79.4 |
| EBITA | 795.9 | 447.7 | 110.3 | 284.9 | 224.4 | 218.4 | 199.7 | 175.6 |
| EBITA margin | 44.0% | 28.0% | 10.5% | 21.4% | 22.2% | 21.6% | 22.6% | 21.4% |
| Amortization of intangibles | 4.7 | 4.8 | 4.9 | 15.0 | 6.0 | | 6.8 | 9.4 |
| EBIT | 791.2 | 442.9 | 105.4 | 269.9 | 218.4 | 218.4 | 192.9 | 166.2 |
| EBIT margin | 43.7% | 27.7% | 10.0% | 20.3% | 21.6% | 21.6% | 21.9% | 20.2% |
| Pre-tax income | 608.8 | 343.6 | 8.0 | 196.4 | 233.9 | 233.9 | 102.5 | 147.4 |
| Income taxes | 169.4 | 94.5 | 5.3 | -56.8 | 51.3 | 51.3 | -19.9 | 50.7 |
| Tax rate | 27.8% | 27.5% | 66.3% | | 21.9% | 21.9% | | 34.4% |
| Earnings from continuing ops | 439.4 | 249.1 | 13.5 | 139.9 | 352.8 | 182.6 | 140.5 | 96.7 |
| Earnings from discontinued ops | | | -95.4 | -2.4 | 0.0 | 170.2 | 0.0 | |
| Net income | 439.4 | 249.1 | -81.9 | 137.5 | 352.8 | 352.8 | 140.5 | 108.1 |
| Net margin | 24.3% | 15.6% | -7.8% | 10.3% | 35.0% | 35.0% | 15.9% | 13.1% |
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| Diluted EPS | $11.41 | $6.35 | $0.34 | $3.45 | $8.48 | $4.39 | $2.93 | $1.91 |
| Shares outstanding (diluted) | 38.5 | 39.2 | 40.1 | 40.6 | 41.6 | 41.6 | 48.0 | 50.5 |
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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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