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 | Dec-31-15 |
| Revenues | 1,991.0 | 1,918.3 | 1,684.1 | 1,649.9 | 1,624.2 | 1,526.6 | 1,401.5 | 1,334.2 |
| Revenue growth | 3.8% | 13.9% | 2.1% | 1.6% | 6.4% | 8.9% | 5.0% | 5.4% |
| Cost of goods sold | 0.0 | 69.8 | 64.9 | 72.1 | 70.8 | 66.6 | 68.2 | 75.0 |
| Gross profit | 1,991.0 | 1,848.5 | 1,619.1 | 1,577.8 | 1,553.3 | 1,459.9 | 1,333.3 | 1,259.2 |
| Gross margin | 100.0% | 96.4% | 96.1% | 95.6% | 95.6% | 95.6% | 95.1% | 94.4% |
| Selling, general and administrative | 87.9 | | | | | | | |
| General and administrative | | 330.8 | 324.2 | 282.6 | 285.7 | 264.0 | 231.7 | 205.3 |
| EBITA | 654.4 | 750.1 | 616.0 | 663.7 | 650.7 | 597.8 | 550.0 | 540.7 |
| EBITA margin | 32.9% | 39.1% | 36.6% | 40.2% | 40.1% | 39.2% | 39.2% | 40.5% |
| Amortization of intangibles | 54.3 | 59.2 | 53.0 | 51.4 | 48.9 | 48.3 | 45.4 | 42.6 |
| EBIT | 600.1 | 691.0 | 563.0 | 612.3 | 601.8 | 549.5 | 504.6 | 498.1 |
| EBIT margin | 30.1% | 36.0% | 33.4% | 37.1% | 37.1% | 36.0% | 36.0% | 37.3% |
| Pre-tax income | 609.3 | 693.7 | 568.7 | 631.4 | 614.2 | 557.0 | 508.5 | 500.5 |
| Income taxes | 133.8 | 147.1 | 121.4 | 130.0 | 108.3 | 152.7 | 174.7 | 168.8 |
| Tax rate | 22.0% | 21.2% | 21.3% | 20.6% | 17.6% | 27.4% | 34.4% | 33.7% |
| Net income | 475.5 | 546.6 | 447.3 | 501.4 | 505.9 | 404.4 | 333.8 | 331.7 |
| Net margin | 23.9% | 28.5% | 26.6% | 30.4% | 31.1% | 26.5% | 23.8% | 24.9% |
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| Diluted EPS | $3.46 | $3.81 | $3.00 | $3.24 | $3.14 | $2.49 | $2.03 | $1.96 |
| Shares outstanding (diluted) | 137.4 | 143.3 | 149.0 | 154.9 | 161.2 | 162.3 | 164.4 | 169.6 |
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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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