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 | 7,315.2 | 5,552.2 | 4,856.8 | 4,929.1 | 4,382.9 | 3,890.3 | 3,592.7 | 3,422.2 |
| Revenue growth | 31.8% | 14.3% | -1.5% | 12.5% | 12.7% | 8.3% | 5.0% | 14.3% |
| Cost of goods sold | 5,757.5 | 4,178.8 | 3,575.3 | 3,673.2 | 3,281.9 | 2,896.8 | 2,603.8 | 2,564.6 |
| Gross profit | 1,557.7 | 1,373.4 | 1,281.5 | 1,255.9 | 1,100.9 | 993.5 | 988.9 | 857.5 |
| Gross margin | 21.3% | 24.7% | 26.4% | 25.5% | 25.1% | 25.5% | 27.5% | 25.1% |
| Selling, general and administrative | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 316.8 | 286.8 |
| EBITA | 909.1 | 972.2 | 797.0 | 825.6 | 655.8 | 245.6 | 698.9 | 575.3 |
| EBITA margin | 12.4% | 17.5% | 16.4% | 16.7% | 15.0% | 6.3% | 19.5% | 16.8% |
| Amortization of intangibles | 97.6 | 68.2 | 46.6 | 40.5 | 34.9 | 23.8 | 17.6 | 15.6 |
| EBIT | 811.5 | 904.0 | 750.4 | 785.1 | 620.8 | 221.9 | 681.3 | 559.7 |
| EBIT margin | 11.1% | 16.3% | 15.5% | 15.9% | 14.2% | 5.7% | 19.0% | 16.4% |
| Pre-tax income | 788.1 | 873.8 | 743.8 | 757.7 | 623.3 | 361.3 | 547.3 | 327.9 |
| Income taxes | 193.0 | 200.1 | 155.8 | 135.2 | 105.4 | -232.1 | 124.9 | 94.9 |
| Tax rate | 24.5% | 22.9% | 20.9% | 17.8% | 16.9% | | 22.8% | 29.0% |
| Net income | 575.6 | 670.8 | 584.5 | 617.7 | 515.8 | 601.2 | 419.5 | 221.2 |
| Net margin | 7.9% | 12.1% | 12.0% | 12.5% | 11.8% | 15.5% | 11.7% | 6.5% |
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| Diluted EPS | $4.31 | $5.02 | $4.39 | $4.63 | $3.87 | $4.40 | $3.11 | $1.72 |
| Shares outstanding (diluted) | 133.6 | 133.5 | 133.2 | 133.4 | 133.9 | 134.9 | 135.8 | 135.1 |
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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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