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 | 3,234.2 | 2,655.4 | 3,003.3 | 3,028.7 | 2,624.4 | 2,274.6 | 2,535.8 | 2,813.3 |
| Revenue growth | 21.8% | -11.6% | -0.8% | 15.4% | 15.4% | -10.3% | -9.9% | -1.4% |
| Cost of goods sold | 2,165.6 | 1,784.1 | 1,995.7 | 2,000.2 | 1,749.3 | 1,488.1 | 1,694.6 | 1,864.0 |
| Gross profit | 1,068.6 | 871.3 | 1,007.6 | 1,028.5 | 875.1 | 786.6 | 841.1 | 949.3 |
| Gross margin | 33.0% | 32.8% | 33.5% | 34.0% | 33.3% | 34.6% | 33.2% | 33.7% |
| Selling, general and administrative | 597.1 | 543.8 | 621.5 | 627.7 | 541.2 | 468.6 | 496.7 | 545.5 |
| EBITA | 492.7 | 347.9 | 406.9 | 416.6 | 399.2 | 332.5 | 218.0 | 407.4 |
| EBITA margin | 15.2% | 13.1% | 13.5% | 13.8% | 15.2% | 14.6% | 8.6% | 14.5% |
| Amortization of intangibles | 21.2 | 20.4 | 20.8 | 15.7 | 15.7 | 14.5 | 13.3 | |
| EBIT | 471.5 | 327.5 | 386.1 | 400.8 | 383.5 | 318.0 | 204.7 | 407.4 |
| EBIT margin | 14.6% | 12.3% | 12.9% | 13.2% | 14.6% | 14.0% | 8.1% | 14.5% |
| Pre-tax income | 325.0 | 264.0 | 368.5 | 368.7 | 366.2 | 277.4 | 169.8 | 375.8 |
| Income taxes | 48.4 | 57.9 | 75.4 | 81.7 | 118.8 | 79.0 | 42.4 | 121.9 |
| Tax rate | 14.9% | 21.9% | 20.5% | 22.2% | 32.4% | 28.5% | 25.0% | 32.4% |
| Net income | 276.5 | 206.1 | 293.1 | 287.1 | 247.5 | 198.4 | 127.5 | 254.7 |
| Net margin | 8.5% | 7.8% | 9.8% | 9.5% | 9.4% | 8.7% | 5.0% | 9.1% |
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| Diluted EPS | $4.60 | $3.42 | $4.68 | $4.37 | $3.71 | $2.91 | $1.70 | $3.18 |
| Shares outstanding (diluted) | 60.1 | 60.2 | 62.7 | 65.7 | 66.6 | 68.2 | 74.9 | 80.1 |
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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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