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 | 4,411.0 | 4,764.0 | 3,271.0 | 3,071.0 | 3,066.8 | 2,889.0 | 2,913.5 | 2,909.1 |
| Revenue growth | -7.4% | 45.6% | 6.5% | 0.1% | 6.2% | -0.8% | 0.2% | |
| Cost of goods sold | 1,913.0 | 2,132.0 | 1,667.0 | 1,470.0 | 1,573.8 | 1,493.9 | 1,409.0 | 1,533.7 |
| Gross profit | 2,498.0 | 2,632.0 | 1,604.0 | 1,601.0 | 1,493.0 | 1,395.1 | 1,504.5 | 1,375.4 |
| Gross margin | 56.6% | 55.2% | 49.0% | 52.1% | 48.7% | 48.3% | 51.6% | 47.3% |
| Selling, general and administrative | 1,265.0 | 1,403.0 | 997.0 | 760.0 | 735.2 | 779.8 | 784.8 | 916.0 |
| Research and development | 321.0 | 369.0 | 329.0 | 270.0 | 246.6 | 251.7 | 265.8 | |
| EBITA | 912.0 | 860.0 | 278.0 | 571.0 | 511.2 | 363.8 | 459.5 | 459.4 |
| EBITA margin | 20.7% | 18.1% | 8.5% | 18.6% | 16.7% | 12.6% | 15.8% | 15.8% |
| Amortization of intangibles | 528.0 | 556.0 | 360.0 | 200.0 | 197.4 | 221.2 | 170.7 | 163.0 |
| EBIT | 384.0 | 304.0 | -82.0 | 371.0 | 313.8 | 142.6 | 288.8 | 296.4 |
| EBIT margin | 8.7% | 6.4% | -2.5% | 12.1% | 10.2% | 4.9% | 9.9% | 10.2% |
| Pre-tax income | -72.0 | -571.0 | -677.0 | 78.0 | 114.1 | -232.6 | -22.4 | -259.5 |
| Income taxes | 6.0 | -88.0 | -103.0 | 10.0 | 27.6 | 78.1 | 25.5 | -48.7 |
| Tax rate | | 15.4% | 15.2% | 12.8% | 24.2% | | | 18.8% |
| Net income | -78.0 | -483.0 | -574.0 | 68.0 | 86.5 | -310.7 | -47.9 | -210.8 |
| Net margin | -1.8% | -10.1% | -17.5% | 2.2% | 2.8% | -10.8% | -1.6% | -7.2% |
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| Diluted EPS | ($0.16) | ($0.99) | ($1.30) | $0.18 | $0.28 | ($1.06) | ($0.16) | |
| Shares outstanding (diluted) | 488.3 | 487.2 | 441.4 | 370.3 | 313.7 | 293.3 | 293.3 | |
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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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