Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| Revenues | 1,487.0 | 1,426.5 | 1,418.1 |
| Revenue growth | 4.2% | 0.6% | |
| Cost of goods sold | 599.8 | 534.8 | 508.7 |
| Gross profit | 887.2 | 891.7 | 909.4 |
| Gross margin | 59.7% | 62.5% | 64.1% |
| Selling, general and administrative | 545.1 | 465.9 | 443.1 |
| EBITA | 307.1 | 403.9 | 406.1 |
| EBITA margin | 20.7% | 28.3% | 28.6% |
| Amortization of intangibles | 252.2 | 253.8 | 265.5 |
| EBIT | 54.9 | 150.1 | 140.6 |
| EBIT margin | 3.7% | 10.5% | 9.9% |
| Pre-tax income | -195.4 | -185.9 | -126.7 |
| Income taxes | -85.1 | -59.2 | -16.5 |
| Tax rate | 43.5% | 31.8% | 13.0% |
| Net income | -111.0 | -126.7 | -110.2 |
| Net margin | -7.5% | -8.9% | -7.8% |
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| Diluted EPS | ($0.15) | ($0.18) | ($0.15) |
| Shares outstanding (diluted) | 723.7 | 723.7 | 723.7 |
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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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