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 | 6,220.0 | 5,437.0 | 4,689.0 | 5,191.0 | 5,308.0 | 7,439.0 | | |
| Revenue growth | 14.4% | 16.0% | -9.7% | -2.2% | -28.6% | | | |
| Cost of goods sold | 5,223.0 | 4,863.0 | 3,969.0 | 4,344.0 | 4,464.0 | 6,086.0 | | |
| Gross profit | 997.0 | 574.0 | 720.0 | 847.0 | 844.0 | 1,353.0 | | |
| Gross margin | 16.0% | 10.6% | 15.4% | 16.3% | 15.9% | 18.2% | | |
| Selling, general and administrative | 0.0 | 0.0 | 0.0 | 466.0 | 394.0 | 599.0 | | |
| EBIT | 545.0 | 131.0 | -27.0 | 442.0 | 613.0 | 716.0 | | |
| EBIT margin | 8.8% | 2.4% | -0.6% | 8.5% | 11.5% | 9.6% | | |
| Pre-tax income | 468.0 | 29.0 | -122.0 | -156.0 | 44.0 | 121.0 | | |
| Income taxes | 149.0 | -4.0 | -112.0 | 84.0 | -20.0 | -218.0 | | |
| Tax rate | 31.8% | | 91.8% | | | | | |
| Earnings from continuing ops | 317.0 | 31.0 | -12.0 | -479.0 | 62.0 | 339.0 | | |
| Earnings from discontinued ops | 1.0 | -8.0 | -15.0 | 330.0 | 217.0 | 257.0 | | |
| Net income | 318.0 | 23.0 | -27.0 | -149.0 | 279.0 | 596.0 | | |
| Net margin | 5.1% | 0.4% | -0.6% | -2.9% | 5.3% | 8.0% | | |
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| Diluted EPS | $1.78 | $0.17 | ($0.08) | ($3.56) | $0.46 | | | |
| Shares outstanding (diluted) | 178.4 | 177.7 | 146.2 | 134.4 | 134.4 | | | |
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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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