Financial Summary (All financials)
| In millions, except per share items | Jul-31-23 | Jul-31-22 | Jul-31-21 | Jul-31-20 | Jul-31-19 | Jul-05-19 | Jul-31-18 | Jul-31-17 |
| Revenues | 3,869.5 | 3,500.9 | 2,692.5 | 2,205.6 | 2,042.0 | 1,755.7 | 1,805.7 | 1,448.0 |
| Revenue growth | 10.5% | 30.0% | 22.1% | 8.0% | 13.1% | | 24.7% | 14.2% |
| Cost of goods sold | 1,518.0 | 1,309.5 | 1,003.3 | 972.5 | 2,213.6 | 819.8 | 1,043.3 | 816.0 |
| Gross profit | 2,351.5 | 2,191.4 | 1,689.2 | 1,233.1 | -171.6 | 935.9 | 762.4 | 632.0 |
| Gross margin | 60.8% | 62.6% | 62.7% | 55.9% | -8.4% | 53.3% | 42.2% | 43.6% |
| General and administrative | 250.4 | 231.2 | 206.7 | 191.7 | 181.9 | 141.9 | 176.9 | 151.4 |
| EBITA | 1,499.0 | 1,382.5 | 1,143.3 | 825.0 | 727.0 | 716.5 | 600.4 | 487.5 |
| EBITA margin | 38.7% | 39.5% | 42.5% | 37.4% | 35.6% | 40.8% | 33.2% | 33.7% |
| Amortization of intangibles | 12.4 | 7.5 | 6.9 | 8.9 | 10.5 | | 14.0 | 6.8 |
| EBIT | 1,486.6 | 1,375.0 | 1,136.4 | 816.1 | 716.5 | 716.5 | 586.4 | 480.7 |
| EBIT margin | 38.4% | 39.3% | 42.2% | 37.0% | 35.1% | 40.8% | 32.5% | 33.2% |
| Pre-tax income | 1,554.3 | 1,341.0 | 1,121.8 | 800.8 | 705.0 | 705.0 | 562.5 | 440.1 |
| Income taxes | 316.6 | 250.8 | 185.4 | 100.9 | 113.3 | 113.3 | 144.5 | 45.8 |
| Tax rate | 20.4% | 18.7% | 16.5% | 12.6% | 16.1% | 16.1% | 25.7% | 10.4% |
| Net income | 1,237.7 | 1,090.1 | 936.5 | 699.9 | 591.7 | 591.7 | 417.9 | 394.2 |
| Net margin | 32.0% | 31.1% | 34.8% | 31.7% | 29.0% | 33.7% | 23.1% | 27.2% |
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| Diluted EPS | $1.28 | $1.13 | $0.97 | $2.93 | $2.46 | $2.46 | $1.73 | $1.66 |
| Shares outstanding (diluted) | 966.6 | 964.6 | 961.2 | 238.7 | 240.5 | 240.5 | 241.9 | 237.0 |
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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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