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 | 1,460.6 | 1,462.1 | 1,198.5 | 1,295.6 | 1,282.5 | 1,149.7 | 1,090.3 | 1,053.7 |
| Revenue growth | -0.1% | 22.0% | -7.5% | 1.0% | 11.5% | 5.4% | 3.5% | 2.6% |
| Cost of goods sold | 603.2 | 573.4 | 559.6 | 540.1 | 514.2 | 493.9 | 473.6 | 445.5 |
| Gross profit | 857.5 | 888.7 | 638.9 | 755.5 | 768.2 | 655.8 | 616.7 | 608.2 |
| Gross margin | 58.7% | 60.8% | 53.3% | 58.3% | 59.9% | 57.0% | 56.6% | 57.7% |
| Selling, general and administrative | | | | | | | | |
| Sales and marketing | 23.8 | 21.9 | 19.7 | 21.9 | 20.5 | 16.3 | 16.0 | 16.1 |
| General and administrative | 110.7 | 101.8 | 95.3 | 92.9 | 86.0 | 81.0 | 79.6 | 83.9 |
| EBITA | 705.6 | 750.1 | 507.4 | 623.1 | 644.9 | 541.2 | 503.4 | 490.9 |
| EBITA margin | 48.3% | 51.3% | 42.3% | 48.1% | 50.3% | 47.1% | 46.2% | 46.6% |
| Amortization of intangibles | 2.0 | 3.1 | 2.4 | 1.5 | 1.3 | 1.3 | 1.5 | 1.8 |
| EBIT | 703.6 | 747.0 | 505.0 | 621.6 | 643.6 | 539.9 | 501.9 | 489.1 |
| EBIT margin | 48.2% | 51.1% | 42.1% | 48.0% | 50.2% | 47.0% | 46.0% | 46.4% |
| Pre-tax income | 632.4 | 686.3 | 441.2 | 531.8 | 544.2 | 430.4 | 401.0 | 383.6 |
| Income taxes | 132.4 | 145.7 | 87.3 | 109.1 | 105.9 | 110.5 | 124.2 | 116.6 |
| Tax rate | 20.9% | 21.2% | 19.8% | 20.5% | 19.5% | 25.7% | 31.0% | 30.4% |
| Net income | 488.4 | 530.8 | 342.1 | 412.2 | 424.5 | 310.4 | 266.4 | 254.7 |
| Net margin | 33.4% | 36.3% | 28.5% | 31.8% | 33.1% | 27.0% | 24.4% | 24.2% |
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| Diluted EPS | $3.85 | $4.11 | $2.64 | $3.25 | $3.43 | $2.62 | $2.37 | $2.32 |
| Shares outstanding (diluted) | 126.9 | 129.1 | 129.6 | 126.8 | 123.8 | 118.5 | 112.4 | 109.8 |
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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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