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 | 3,028.9 | 2,776.2 | 2,461.3 | 2,352.7 | 2,027.9 | 1,807.7 | 1,810.4 | 1,779.1 |
| Revenue growth | 9.1% | 12.8% | 4.6% | 16.0% | 12.2% | -0.1% | 1.8% | 1.3% |
| Cost of goods sold | 2,066.0 | 1,915.5 | 1,672.7 | 1,534.9 | 1,328.1 | 1,215.6 | 1,210.8 | 1,171.4 |
| Gross profit | 962.9 | 860.7 | 788.6 | 817.8 | 699.8 | 592.2 | 599.6 | 607.7 |
| Gross margin | 31.8% | 31.0% | 32.0% | 34.8% | 34.5% | 32.8% | 33.1% | 34.2% |
| Selling, general and administrative | 641.1 | 537.8 | 488.4 | 504.1 | 465.6 | 432.0 | 436.7 | 432.7 |
| EBITA | 324.3 | 325.6 | 305.7 | 316.1 | 234.6 | 161.7 | 162.9 | 175.0 |
| EBITA margin | 10.7% | 11.7% | 12.4% | 13.4% | 11.6% | 8.9% | 9.0% | 9.8% |
| Amortization of intangibles | 9.6 | 10.8 | 10.4 | 8.2 | 8.2 | 10.6 | 10.3 | 11.7 |
| EBIT | 314.6 | 314.8 | 295.4 | 308.0 | 226.5 | 151.2 | 152.6 | 163.3 |
| EBIT margin | 10.4% | 11.3% | 12.0% | 13.1% | 11.2% | 8.4% | 8.4% | 9.2% |
| Pre-tax income | 297.7 | 297.9 | 262.4 | 288.5 | 207.8 | 87.1 | 127.8 | 105.4 |
| Income taxes | 62.2 | 63.0 | 51.8 | 71.7 | 57.2 | -20.9 | 42.3 | 39.3 |
| Tax rate | 20.9% | 21.1% | 19.7% | 24.9% | 27.5% | | 33.1% | 37.3% |
| Net income | 235.5 | 235.0 | 210.7 | 216.7 | 150.6 | 108.0 | 85.5 | 66.1 |
| Net margin | 7.8% | 8.5% | 8.6% | 9.2% | 7.4% | 6.0% | 4.7% | 3.7% |
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| Diluted EPS | $6.58 | $6.65 | $5.67 | $5.69 | $3.93 | $2.75 | $2.05 | $1.58 |
| Shares outstanding (diluted) | 35.8 | 35.3 | 37.1 | 38.1 | 38.3 | 39.2 | 41.7 | 41.7 |
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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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