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 | 1,558.7 | 1,324.7 | 1,400.0 | 1,128.5 | 1,130.0 | 769.9 | 883.3 | 889.9 |
| Revenue growth | 17.7% | -5.4% | 24.1% | -0.1% | 46.8% | -12.8% | -0.7% | -3.5% |
| Cost of goods sold | 758.0 | 615.8 | 606.9 | 565.5 | 512.7 | 360.5 | 307.1 | 247.9 |
| Gross profit | 800.8 | 708.9 | 793.1 | 563.0 | 617.3 | 409.3 | 576.2 | 641.9 |
| Gross margin | 51.4% | 53.5% | 56.7% | 49.9% | 54.6% | 53.2% | 65.2% | 72.1% |
| Selling, general and administrative | 834.4 | 726.3 | 781.1 | 762.8 | 689.4 | 484.5 | 433.3 | 469.2 |
| EBITA | 435.8 | 502.3 | 748.4 | 192.5 | 278.5 | 226.3 | 408.9 | 422.6 |
| EBITA margin | 28.0% | 37.9% | 53.5% | 17.1% | 24.6% | 29.4% | 46.3% | 47.5% |
| Amortization of intangibles | 15.0 | 23.0 | 30.8 | 32.8 | 30.2 | 9.4 | 11.6 | 9.8 |
| EBIT | 420.8 | 479.3 | 717.6 | 159.7 | 248.3 | 216.9 | 397.3 | 412.8 |
| EBIT margin | 27.0% | 36.2% | 51.3% | 14.2% | 22.0% | 28.2% | 45.0% | 46.4% |
| Pre-tax income | 509.5 | 502.1 | 450.5 | 176.7 | 286.3 | 226.7 | 398.8 | 420.6 |
| Income taxes | 113.2 | 115.8 | 100.9 | 35.5 | 58.8 | 64.9 | 141.3 | 152.4 |
| Tax rate | 22.2% | 23.1% | 22.4% | 20.1% | 20.5% | 28.6% | 35.4% | 36.2% |
| Net income | 407.3 | 393.3 | 352.4 | 141.8 | 227.9 | 173.2 | 256.8 | 268.0 |
| Net margin | 26.1% | 29.7% | 25.2% | 12.6% | 20.2% | 22.5% | 29.1% | 30.1% |
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| Diluted EPS | $10.83 | $10.20 | $9.02 | $3.54 | $5.57 | $4.14 | $6.02 | $5.89 |
| Shares outstanding (diluted) | 37.6 | 38.6 | 39.1 | 40.0 | 40.9 | 41.8 | 42.7 | 45.5 |
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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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