Financial Summary (All financials)
| In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 3,326.0 | 3,826.0 | 3,603.0 | 3,654.0 | 3,743.0 | 3,853.0 |
| Revenue growth | -13.1% | 6.2% | -1.4% | -2.4% | -2.9% | |
| Cost of goods sold | 2,888.0 | 3,283.0 | 3,026.0 | 3,031.0 | 3,090.0 | 3,197.0 |
| Gross profit | 438.0 | 543.0 | 577.0 | 623.0 | 653.0 | 656.0 |
| Gross margin | 13.2% | 14.2% | 16.0% | 17.0% | 17.4% | 17.0% |
| Selling, general and administrative | 327.0 | 328.0 | 307.0 | 304.0 | 280.0 | 268.0 |
| EBITA | 11.0 | 97.0 | 132.0 | 167.0 | 231.0 | 235.0 |
| EBITA margin | 0.3% | 2.5% | 3.7% | 4.6% | 6.2% | 6.1% |
| Amortization of intangibles | 18.0 | 18.0 | 18.0 | 16.0 | 17.0 | 11.0 |
| EBIT | -7.0 | 79.0 | 114.0 | 151.0 | 214.0 | 224.0 |
| EBIT margin | -0.2% | 2.1% | 3.2% | 4.1% | 5.7% | 5.8% |
| Pre-tax income | -288.0 | 10.0 | -44.0 | 157.0 | 138.0 | 88.0 |
| Income taxes | 7.0 | 33.0 | 13.0 | 51.0 | 64.0 | 30.0 |
| Tax rate | | 330.0% | | 32.5% | 46.4% | 34.1% |
| Net income | -295.0 | -23.0 | -57.0 | 106.0 | 74.0 | 58.0 |
| Net margin | -8.9% | -0.6% | -1.6% | 2.9% | 2.0% | 1.5% |
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| Diluted EPS | ($8.83) | ($0.68) | ($1.69) | $3.23 | $2.28 | $1.79 |
| Shares outstanding (diluted) | 33.4 | 33.8 | 33.8 | 32.8 | 32.4 | 32.4 |
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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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