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 | 7,091.6 | 6,138.3 | 5,050.6 | 4,052.7 | 4,316.5 | 4,207.0 | 3,927.8 | 2,884.6 |
| Revenue growth | 15.5% | 21.5% | 24.6% | -6.1% | 2.6% | 7.1% | 36.2% | -7.8% |
| Cost of goods sold | 5,761.6 | 4,912.8 | 4,149.8 | 3,403.2 | 3,605.9 | 3,446.0 | 3,218.0 | 2,405.3 |
| Gross profit | 1,330.0 | 1,225.6 | 900.8 | 649.4 | 710.6 | 761.1 | 709.9 | 479.3 |
| Gross margin | 18.8% | 20.0% | 17.8% | 16.0% | 16.5% | 18.1% | 18.1% | 16.6% |
| Selling, general and administrative | 283.4 | 296.1 | 302.8 | 278.6 | 295.2 | 297.0 | 284.1 | 232.4 |
| Research and development | 149.4 | 166.0 | 140.7 | 137.6 | 157.2 | 166.6 | 117.2 | 82.0 |
| EBIT | 897.2 | 763.4 | 457.2 | 233.2 | 258.1 | 405.5 | 323.8 | 178.9 |
| EBIT margin | 12.7% | 12.4% | 9.1% | 5.8% | 6.0% | 9.6% | 8.2% | 6.2% |
| Pre-tax income | 856.9 | 715.1 | 386.7 | 159.8 | 185.8 | 307.5 | 229.7 | 67.9 |
| Income taxes | 89.9 | 69.5 | 46.2 | 37.2 | 56.3 | 39.8 | 51.0 | 28.0 |
| Tax rate | 10.5% | 9.7% | 11.9% | 23.3% | 30.3% | 12.9% | 22.2% | 41.3% |
| Net income | 765.8 | 643.0 | 338.1 | 120.9 | 127.1 | 263.6 | 175.5 | 51.1 |
| Net margin | 10.8% | 10.5% | 6.7% | 3.0% | 2.9% | 6.3% | 4.5% | 1.8% |
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| Diluted EPS | $3.11 | $2.62 | $1.40 | $0.50 | $0.53 | $1.10 | $0.74 | $0.22 |
| Shares outstanding (diluted) | 246.2 | 245.7 | 242.2 | 240.1 | 239.7 | 239.7 | 238.0 | 237.2 |
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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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