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 | 4,438.7 | 8,782.1 | 2,934.6 | 3,377.0 | 2,427.2 | 3,676.2 | 2,274.3 | 3,006.2 |
| Revenue growth | -49.5% | 199.3% | -13.1% | 39.1% | -34.0% | 61.6% | -24.3% | -22.5% |
| Cost of goods sold | 1,052.0 | 908.0 | 849.6 | 833.4 | 746.7 | 652.7 | 678.4 | 680.7 |
| Gross profit | 3,386.7 | 7,874.1 | 2,085.0 | 2,543.6 | 1,680.5 | 3,023.5 | 1,595.9 | 2,325.5 |
| Gross margin | 76.3% | 89.7% | 71.0% | 75.3% | 69.2% | 82.2% | 70.2% | 77.4% |
| Selling, general and administrative | | | | | | | | 2,233.9 |
| General and administrative | 2,501.7 | 4,463.8 | 2,083.0 | 1,904.5 | 1,823.6 | 2,238.1 | 1,855.9 | 712.8 |
| EBITA | 1,793.5 | 4,200.5 | 681.4 | 1,332.3 | 491.0 | 1,159.1 | 220.5 | 546.7 |
| EBITA margin | 40.4% | 47.8% | 23.2% | 39.5% | 20.2% | 31.5% | 9.7% | 18.2% |
| Amortization of intangibles | 103.9 | 10.2 | 14.6 | 15.5 | 10.0 | 10.1 | 42.5 | 76.1 |
| EBIT | 1,689.6 | 4,190.3 | 666.8 | 1,316.8 | 481.0 | 1,149.0 | 178.0 | 470.6 |
| EBIT margin | 38.1% | 47.7% | 22.7% | 39.0% | 19.8% | 31.3% | 7.8% | 15.7% |
| Pre-tax income | 1,572.5 | 4,027.5 | 580.0 | 1,233.4 | 360.2 | 1,132.3 | 45.3 | 402.2 |
| Income taxes | 287.8 | 982.3 | 197.2 | 49.0 | 31.3 | 124.9 | 30.0 | 2.1 |
| Tax rate | 18.3% | 24.4% | 34.0% | 4.0% | 8.7% | 11.0% | 66.2% | 0.5% |
| Net income | 1,225.0 | 2,974.7 | 348.2 | 345.3 | 92.9 | 238.1 | 6.4 | -18.4 |
| Net margin | 27.6% | 33.9% | 11.9% | 10.2% | 3.8% | 6.5% | 0.3% | -0.6% |
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| Diluted EPS | $3.35 | $8.20 | $0.97 | $2.82 | $0.82 | $2.38 | $0.02 | ($0.06) |
| Shares outstanding (diluted) | 365.7 | 362.6 | 358.4 | 122.6 | 113.4 | 100.1 | 308.5 | 298.7 |
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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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