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-05-17 |
| Revenues | 3,922.0 | 4,231.0 | 3,339.0 | 4,022.0 | 3,986.0 | 3,986.3 | 3,993.4 | 3,993.4 |
| Revenue growth | -7.3% | 26.7% | -17.0% | 0.9% | -0.2% | -0.2% | 6.6% | |
| Cost of goods sold | 1,795.0 | 1,884.0 | 1,683.0 | 1,858.0 | 1,918.0 | 1,918.5 | 1,804.9 | 1,804.9 |
| Gross profit | 2,127.0 | 2,347.0 | 1,656.0 | 2,164.0 | 2,068.0 | 2,067.8 | 2,188.5 | 2,188.5 |
| Gross margin | 54.2% | 55.5% | 49.6% | 53.8% | 51.9% | 51.9% | 54.8% | 54.8% |
| Selling, general and administrative | 1,589.0 | 1,551.0 | 1,302.0 | 1,587.0 | 1,719.0 | 1,719.1 | 1,674.7 | 1,674.7 |
| Research and development | 174.0 | 171.0 | 123.0 | 143.0 | | | | |
| EBITA | 573.0 | 847.0 | 423.0 | 624.0 | 326.0 | 546.6 | 277.7 | 702.9 |
| EBITA margin | 14.6% | 20.0% | 12.7% | 15.5% | 8.2% | 13.7% | 7.0% | 17.6% |
| Amortization of intangibles | 209.0 | 222.0 | 192.0 | 190.0 | 198.0 | 197.9 | 189.1 | 189.1 |
| EBIT | 364.0 | 625.0 | 231.0 | 434.0 | 128.0 | 348.7 | 88.6 | 513.8 |
| EBIT margin | 9.3% | 14.8% | 6.9% | 10.8% | 3.2% | 8.7% | 2.2% | 12.9% |
| Pre-tax income | -1,055.0 | 545.0 | -50.0 | 338.0 | -958.0 | -958.4 | -1,603.5 | -1,603.5 |
| Income taxes | -105.0 | 134.0 | 23.0 | 82.0 | 53.0 | 52.5 | -53.2 | -53.2 |
| Tax rate | 10.0% | 24.6% | | 24.3% | | | 3.3% | 3.3% |
| Net income | -950.0 | 411.0 | -73.0 | 256.0 | -1,011.0 | -1,010.9 | -1,550.0 | -1,550.3 |
| Net margin | -24.2% | 9.7% | -2.2% | 6.4% | -25.4% | -25.4% | -38.8% | -38.8% |
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| Diluted EPS | ($4.41) | $1.87 | ($0.33) | $1.14 | ($4.51) | ($4.51) | ($6.76) | ($6.76) |
| Shares outstanding (diluted) | 215.5 | 220.2 | 219.2 | 224.4 | 224.3 | 224.3 | 229.4 | 229.4 |
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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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