Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 2,412.4 | 2,027.5 | 2,239.6 | 2,378.4 | 2,305.0 | 941.5 | 857.2 | 671.6 |
| Revenue growth | 19.0% | -9.5% | -5.8% | 3.2% | 144.8% | 9.8% | 27.6% | |
| Cost of goods sold | 1,047.1 | 883.7 | 943.0 | 987.2 | 979.0 | 292.3 | 229.8 | 185.7 |
| Gross profit | 1,365.3 | 1,143.8 | 1,296.6 | 1,391.2 | 1,326.0 | 649.2 | 627.4 | 485.9 |
| Gross margin | 56.6% | 56.4% | 57.9% | 58.5% | 57.5% | 69.0% | 73.2% | 72.4% |
| Selling, general and administrative | 347.1 | 321.4 | 376.8 | 417.7 | 373.1 | | | |
| General and administrative | | | | | | 106.7 | 88.3 | 65.7 |
| EBIT | 1,134.9 | 566.6 | 359.0 | 766.8 | 1,090.4 | 528.1 | 528.4 | 413.3 |
| EBIT margin | 47.0% | 27.9% | 16.0% | 32.2% | 47.3% | 56.1% | 61.6% | 61.5% |
| Pre-tax income | 1,141.1 | 508.4 | 308.0 | 713.6 | 1,067.1 | 531.1 | 527.6 | 413.6 |
| Income taxes | 251.0 | 81.4 | 2.9 | 181.3 | 58.4 | 0.7 | 0.5 | 0.5 |
| Tax rate | 22.0% | 16.0% | 0.9% | 25.4% | 5.5% | 0.1% | 0.1% | 0.1% |
| Net income | 565.7 | 202.2 | 15.7 | 532.3 | 1,008.7 | 530.4 | 527.1 | 413.1 |
| Net margin | 23.4% | 10.0% | 0.7% | 22.4% | 43.8% | 56.3% | 61.5% | 61.5% |
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| Diluted EPS | $12.63 | $4.33 | $0.31 | $9.89 | $17.21 | | | |
| Shares outstanding (diluted) | 44.8 | 46.7 | 50.6 | 53.8 | 58.6 | | | |
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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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