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 | 2,238.1 | 1,996.6 | 1,822.8 | 1,764.7 | 0.0 | 0.0 | 922.6 | 836.0 |
| Revenue growth | 12.1% | 9.5% | 3.3% | | | -100.0% | 10.4% | 26.9% |
| Cost of goods sold | 786.4 | 706.2 | 680.5 | 670.0 | 655.4 | 391.5 | 360.3 | 348.0 |
| Gross profit | 1,451.8 | 1,290.5 | 1,142.3 | 1,094.7 | -655.4 | -391.5 | 562.3 | 488.1 |
| Gross margin | 64.9% | 64.6% | 62.7% | 62.0% | | | 60.9% | 58.4% |
| General and administrative | 74.0 | 75.8 | 63.3 | 74.3 | 98.8 | 167.7 | 69.1 | 79.4 |
| EBIT | 729.0 | 600.5 | 553.0 | 530.4 | 393.7 | 176.2 | 213.6 | 119.0 |
| EBIT margin | 32.6% | 30.1% | 30.3% | 30.1% | | | 23.1% | 14.2% |
| Pre-tax income | 384.9 | 263.3 | 198.3 | 149.6 | -3.8 | -105.8 | -78.2 | -160.2 |
| Income taxes | 0.2 | 0.6 | 0.9 | 2.5 | 1.2 | -0.5 | 0.0 | 0.0 |
| Tax rate | 0.0% | 0.2% | 0.4% | 1.7% | | 0.5% | 0.0% | 0.0% |
| Net income | 382.7 | 261.1 | 195.8 | 145.1 | -5.7 | -105.3 | -78.2 | -160.2 |
| Net margin | 17.1% | 13.1% | 10.7% | 8.2% | | | -8.5% | -19.2% |
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| Diluted EPS | $0.63 | $0.45 | $0.35 | $0.27 | ($0.01) | | | |
| Shares outstanding (diluted) | 611.1 | 579.2 | 555.5 | 532.5 | 520.4 | | | |
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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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