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 |
| Revenues | 5,329.1 | 4,781.6 | 5,019.6 | 4,224.0 | 2,571.0 | 2,562.1 |
| Revenue growth | 11.5% | -4.7% | 18.8% | 64.3% | 0.3% | |
| Cost of goods sold | 2,664.5 | 2,262.0 | 2,483.5 | 2,194.5 | 1,105.0 | 1,096.7 |
| Gross profit | 2,664.6 | 2,519.6 | 2,536.1 | 2,029.5 | 1,466.0 | 1,465.4 |
| Gross margin | 50.0% | 52.7% | 50.5% | 48.0% | 57.0% | 57.2% |
| General and administrative | 380.5 | 364.2 | 365.5 | 269.1 | 167.6 | 191.7 |
| EBIT | 1,363.1 | 1,152.2 | 1,195.6 | 939.0 | 685.5 | 708.9 |
| EBIT margin | 25.6% | 24.1% | 23.8% | 22.2% | 26.7% | 27.7% |
| Pre-tax income | 1,001.1 | 723.9 | 772.8 | 599.6 | 481.0 | 539.2 |
| Income taxes | 117.4 | 102.2 | 97.0 | 59.0 | 151.2 | 184.5 |
| Tax rate | 11.7% | 14.1% | 12.6% | 9.8% | 31.4% | 34.2% |
| Net income | 879.7 | 618.3 | 669.9 | 535.8 | 323.9 | 346.6 |
| Net margin | 16.5% | 12.9% | 13.3% | 12.7% | 12.6% | 13.5% |
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| Diluted EPS | $3.83 | $2.72 | $2.79 | $2.50 | $2.27 | $2.43 |
| Shares outstanding (diluted) | 229.6 | 227.5 | 239.9 | 214.1 | 142.6 | 142.5 |
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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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