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 |
| Revenues | 2,909.0 | 2,462.0 | 1,998.6 | 2,204.0 | 2,213.6 | 2,097.9 | 2,116.0 |
| Revenue growth | 18.2% | 23.2% | -9.3% | -0.4% | 5.5% | -0.9% | |
| Cost of goods sold | 1,812.3 | 1,520.1 | 1,249.2 | 1,338.2 | 1,337.5 | 1,256.0 | 1,280.2 |
| Gross profit | 1,096.7 | 941.9 | 749.4 | 865.8 | 876.1 | 841.9 | 835.8 |
| Gross margin | 37.7% | 38.3% | 37.5% | 39.3% | 39.6% | 40.1% | 39.5% |
| Selling, general and administrative | 595.9 | 537.9 | 447.0 | 484.5 | 519.7 | 483.3 | 462.4 |
| Research and development | 60.4 | 48.6 | 43.5 | 48.2 | 45.6 | 42.5 | 40.6 |
| EBITA | 516.3 | 427.8 | 323.1 | 394.5 | 371.7 | 377.5 | 393.6 |
| EBITA margin | 17.7% | 17.4% | 16.2% | 17.9% | 16.8% | 18.0% | 18.6% |
| Amortization of intangibles | 70.7 | 67.5 | 64.2 | 61.4 | 60.9 | 61.4 | 60.8 |
| EBIT | 445.6 | 360.3 | 258.9 | 333.1 | 310.8 | 316.1 | 332.8 |
| EBIT margin | 15.3% | 14.6% | 13.0% | 15.1% | 14.0% | 15.1% | 15.7% |
| Pre-tax income | 472.6 | 320.7 | -9.5 | 257.4 | 268.7 | 313.3 | 315.0 |
| Income taxes | 72.8 | 47.8 | 37.7 | 34.7 | 37.9 | -48.4 | 55.9 |
| Tax rate | 15.4% | 14.9% | | 13.5% | 14.1% | | 17.7% |
| Earnings from continuing ops | 399.8 | 272.9 | -47.2 | 222.7 | 230.8 | 361.7 | 259.1 |
| Earnings from discontinued ops | | | | | | | 0.0 |
| Net income | 399.8 | 272.9 | -47.2 | 222.7 | 230.8 | 361.7 | 259.1 |
| Net margin | 13.7% | 11.1% | -2.4% | 10.1% | 10.4% | 17.2% | 12.2% |
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| Diluted EPS | $2.38 | $1.61 | ($0.28) | $1.29 | $1.28 | $2.00 | $1.43 |
| Shares outstanding (diluted) | 168.3 | 169.7 | 169.6 | 173.0 | 180.8 | 181.2 | 181.2 |
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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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