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 | 3,615.1 | 3,541.1 | 3,728.1 | 3,939.7 | 3,835.7 | 3,660.8 | 3,990.5 | 4,557.8 |
| Revenue growth | 2.1% | -5.0% | -5.4% | 2.7% | 4.8% | -8.3% | -12.4% | -6.6% |
| Cost of goods sold | 2,620.8 | 2,491.3 | 2,611.4 | 2,650.4 | 2,644.8 | 2,571.9 | 2,753.7 | 3,080.3 |
| Gross profit | 994.3 | 1,049.7 | 1,116.8 | 1,289.3 | 1,190.9 | 1,089.0 | 1,236.8 | 1,477.5 |
| Gross margin | 27.5% | 29.6% | 30.0% | 32.7% | 31.0% | 29.7% | 31.0% | 32.4% |
| Selling, general and administrative | 815.5 | 797.1 | 878.2 | 913.2 | 966.6 | 901.7 | 965.4 | 972.7 |
| EBITA | 208.7 | 286.0 | 263.9 | 400.4 | 234.1 | 497.8 | 282.9 | 536.7 |
| EBITA margin | 5.8% | 8.1% | 7.1% | 10.2% | 6.1% | 13.6% | 7.1% | 11.8% |
| Amortization of intangibles | 11.4 | 13.4 | 13.6 | 13.8 | 14.1 | 15.3 | 13.9 | 22.0 |
| EBIT | 197.2 | 272.6 | 250.3 | 386.6 | 220.0 | 482.5 | 269.0 | 514.7 |
| EBIT margin | 5.5% | 7.7% | 6.7% | 9.8% | 5.7% | 13.2% | 6.7% | 11.3% |
| Pre-tax income | 154.4 | 133.6 | 202.3 | 322.4 | 156.4 | 263.0 | 212.9 | 412.4 |
| Income taxes | -43.6 | -2.6 | 61.4 | 75.5 | 46.6 | 258.7 | 77.4 | 148.4 |
| Tax rate | | | 30.4% | 23.4% | 29.8% | 98.4% | 36.3% | 36.0% |
| Net income | 188.7 | 125.9 | 130.4 | 238.8 | 104.5 | 2.7 | 132.5 | 258.4 |
| Net margin | 5.2% | 3.6% | 3.5% | 6.1% | 2.7% | 0.1% | 3.3% | 5.7% |
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| Diluted EPS | $1.44 | $0.96 | $1.00 | $1.81 | $0.80 | $0.02 | $1.01 | $1.93 |
| Shares outstanding (diluted) | 131.3 | 130.9 | 131.1 | 131.7 | 131.3 | 131.4 | 131.0 | 133.8 |
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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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