Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 7,547.1 | 5,984.6 | 5,586.4 | 4,865.0 | 4,476.4 | 3,904.4 | 4,501.5 | 4,108.3 |
| Revenue growth | 26.1% | 7.1% | 14.8% | 8.7% | 14.7% | -13.3% | 9.6% | 27.8% |
| Cost of goods sold | 416.6 | 387.8 | 363.1 | 347.1 | 327.1 | 935.6 | 3,326.9 | 2,990.5 |
| Gross profit | 7,130.5 | 5,596.9 | 5,223.3 | 4,517.9 | 4,149.3 | 2,968.8 | 1,174.5 | 1,117.8 |
| Gross margin | 94.5% | 93.5% | 93.5% | 92.9% | 92.7% | 76.0% | 26.1% | 27.2% |
| Selling, general and administrative | 2.0 | -15.1 | -12.0 | -58.1 | -1.0 | | | |
| General and administrative | | | | | | 276.2 | 250.2 | 273.9 |
| EBIT | 788.9 | 266.8 | 424.6 | 198.9 | 262.2 | 58.4 | 776.8 | 717.8 |
| EBIT margin | 10.5% | 4.5% | 7.6% | 4.1% | 5.9% | 1.5% | 17.3% | 17.5% |
| Pre-tax income | 812.8 | 293.8 | 458.3 | 268.4 | 275.7 | 38.7 | 769.9 | 714.3 |
| Income taxes | 159.8 | -62.0 | 108.1 | 91.9 | 99.5 | 15.8 | 294.3 | 268.9 |
| Tax rate | 19.7% | | 23.6% | 34.2% | 36.1% | 40.8% | 38.2% | 37.6% |
| Net income | 653.0 | 355.8 | 350.2 | 176.6 | 176.3 | 22.9 | 475.6 | 445.4 |
| Net margin | 8.7% | 5.9% | 6.3% | 3.6% | 3.9% | 0.6% | 10.6% | 10.8% |
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| Diluted EPS | $22.90 | $12.52 | $12.38 | $6.31 | $6.17 | $0.77 | $15.10 | $14.13 |
| Shares outstanding (diluted) | 28.5 | 28.4 | 28.3 | 28.0 | 28.6 | 29.8 | 31.5 | 31.5 |
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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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