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 | 3,427.1 | 2,833.7 | 2,388.9 | 2,648.8 | 2,433.5 | 2,249.5 | 1,831.5 | 1,702.9 |
| Revenue growth | 20.9% | 18.6% | -9.8% | 8.8% | 8.2% | 22.8% | 7.6% | 42.0% |
| Cost of goods sold | 764.7 | 559.8 | 596.4 | 530.7 | 487.7 | 113.1 | 104.3 | 192.4 |
| Gross profit | 2,662.4 | 2,273.9 | 1,792.5 | 2,118.2 | 1,945.8 | 2,136.4 | 1,727.2 | 1,510.5 |
| Gross margin | 77.7% | 80.2% | 75.0% | 80.0% | 80.0% | 95.0% | 94.3% | 88.7% |
| Sales and marketing | 309.1 | 262.1 | 192.7 | 204.8 | 182.6 | 170.7 | 131.4 | 109.1 |
| General and administrative | 584.1 | 485.8 | 374.7 | 407.2 | 389.2 | 387.7 | 283.6 | 297.7 |
| EBITA | 1,675.2 | 1,448.0 | 1,126.5 | 1,441.8 | 1,314.1 | 1,148.7 | 952.1 | 884.9 |
| EBITA margin | 48.9% | 51.1% | 47.2% | 54.4% | 54.0% | 51.1% | 52.0% | 52.0% |
| Amortization of intangibles | 227.2 | 205.5 | 184.2 | 206.9 | 216.3 | 211.8 | 161.6 | 159.7 |
| EBIT | 1,448.0 | 1,242.5 | 942.3 | 1,234.9 | 1,097.8 | 936.9 | 790.5 | 725.2 |
| EBIT margin | 42.3% | 43.8% | 39.4% | 46.6% | 45.1% | 41.6% | 43.2% | 42.6% |
| Pre-tax income | 1,275.7 | 1,108.8 | 882.5 | 1,077.8 | 1,095.1 | 893.6 | 642.9 | 536.0 |
| Income taxes | 321.3 | 269.3 | 178.3 | 182.7 | 283.6 | 153.4 | 190.5 | 173.6 |
| Tax rate | 25.2% | 24.3% | 20.2% | 17.0% | 25.9% | 17.2% | 29.6% | 32.4% |
| Net income | 954.3 | 839.5 | 704.2 | 895.1 | 811.5 | 740.2 | 452.4 | 362.4 |
| Net margin | 27.8% | 29.6% | 29.5% | 33.8% | 33.3% | 32.9% | 24.7% | 21.3% |
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| Diluted EPS | $12.42 | $9.99 | $8.12 | $9.94 | $8.81 | $7.91 | $4.75 | $3.85 |
| Shares outstanding (diluted) | 76.9 | 84.1 | 86.7 | 90.1 | 92.2 | 93.6 | 95.2 | 94.1 |
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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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