Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 5,634.7 | 5,748.1 | 5,888.3 | 6,633.2 | 6,110.5 | 6,016.5 | 5,639.2 | 5,631.3 |
| Revenue growth | -2.0% | -2.4% | -11.2% | 8.6% | 1.6% | 6.7% | 0.1% | |
| Cost of goods sold | 5,147.7 | 5,310.5 | 5,503.6 | 6,202.7 | 5,692.7 | 5,588.9 | 5,248.1 | 5,225.9 |
| Gross profit | 487.0 | 437.6 | 384.7 | 430.5 | 417.8 | 427.6 | 391.1 | 405.4 |
| Gross margin | 8.6% | 7.6% | 6.5% | 6.5% | 6.8% | 7.1% | 6.9% | 7.2% |
| Selling, general and administrative | 245.1 | 230.7 | 227.3 | 219.0 | 203.2 | 9.4 | 9.2 | 10.6 |
| Research and development | 38.4 | 29.9 | 28.4 | 28.8 | 26.2 | 24.9 | 23.2 | 19.7 |
| EBITA | 193.2 | 153.5 | 178.9 | 121.7 | 151.4 | 166.1 | 124.6 | 138.3 |
| EBITA margin | 3.4% | 2.7% | 3.0% | 1.8% | 2.5% | 2.8% | 2.2% | 2.5% |
| Amortization of intangibles | 25.5 | 25.6 | 29.6 | 15.4 | 8.9 | 9.4 | 9.2 | 10.6 |
| EBIT | 167.7 | 127.9 | 149.3 | 106.3 | 142.5 | 156.7 | 115.4 | 127.7 |
| EBIT margin | 3.0% | 2.2% | 2.5% | 1.6% | 2.3% | 2.6% | 2.0% | 2.3% |
| Pre-tax income | 136.0 | 90.2 | 99.8 | 81.9 | 132.4 | 161.0 | 109.1 | 124.6 |
| Income taxes | 32.1 | 29.6 | 29.5 | -17.0 | 27.4 | 24.7 | 42.2 | 16.4 |
| Tax rate | 23.6% | 32.8% | 29.6% | | 20.7% | 15.3% | 38.7% | 13.2% |
| Net income | 103.9 | 60.6 | 70.3 | 98.9 | 105.0 | 136.3 | 66.9 | 108.2 |
| Net margin | 1.8% | 1.1% | 1.2% | 1.5% | 1.7% | 2.3% | 1.2% | 1.9% |
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| Diluted EPS | $0.82 | $0.47 | $0.53 | $0.70 | $0.72 | $0.95 | $0.42 | $0.60 |
| Shares outstanding (diluted) | 126.7 | 129.1 | 131.8 | 140.6 | 145.2 | 143.9 | 157.9 | 180.4 |
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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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