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-05-18 | Dec-31-17 | Dec-31-16 |
| Revenues | 6,179.7 | 5,295.6 | 3,936.6 | 3,199.5 | 2,998.1 | 2,998.1 | 2,788.2 | 2,570.8 |
| Revenue growth | 16.7% | 34.5% | 23.0% | 6.7% | 7.5% | | 8.5% | 8.8% |
| Cost of goods sold | 4,246.3 | 3,678.5 | 2,805.7 | 2,274.6 | 2,127.9 | 2,127.9 | 1,982.9 | 1,829.7 |
| Gross profit | 1,933.4 | 1,617.1 | 1,130.9 | 924.9 | 870.2 | 870.2 | 805.3 | 741.1 |
| Gross margin | 31.3% | 30.5% | 28.7% | 28.9% | 29.0% | 29.0% | 28.9% | 28.8% |
| Selling, general and administrative | 907.0 | 786.8 | 659.9 | 583.7 | 556.3 | 556.3 | 520.9 | 485.2 |
| EBITA | 1,034.5 | 831.9 | 472.3 | 342.5 | 315.2 | 314.1 | 285.5 | 257.0 |
| EBITA margin | 16.7% | 15.7% | 12.0% | 10.7% | 10.5% | 10.5% | 10.2% | 10.0% |
| Amortization of intangibles | 7.8 | 1.3 | 1.0 | 1.0 | 1.1 | | 1.0 | 1.0 |
| EBIT | 1,026.7 | 830.6 | 471.3 | 341.5 | 314.1 | 314.1 | 284.5 | 256.0 |
| EBIT margin | 16.6% | 15.7% | 12.0% | 10.7% | 10.5% | 10.5% | 10.2% | 10.0% |
| Pre-tax income | 984.9 | 824.1 | 451.7 | 317.5 | 293.0 | 293.0 | 269.2 | 241.4 |
| Income taxes | 236.8 | 173.8 | 85.2 | 56.2 | 58.8 | 58.8 | 78.0 | 92.9 |
| Tax rate | 24.0% | 21.1% | 18.9% | 17.7% | 20.1% | 20.1% | 29.0% | 38.5% |
| Net income | 748.5 | 650.6 | 366.7 | 261.6 | 234.5 | 234.5 | 191.3 | 148.6 |
| Net margin | 12.1% | 12.3% | 9.3% | 8.2% | 7.8% | 7.8% | 6.9% | 5.8% |
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| Diluted EPS | $18.80 | $16.07 | $8.97 | $6.40 | $5.62 | $5.62 | $4.51 | $3.46 |
| Shares outstanding (diluted) | 39.8 | 40.5 | 40.9 | 40.9 | 41.7 | 41.7 | 42.4 | 43.0 |
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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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