Financial Summary (All financials)
| In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
| Revenues | 2,737.1 | 3,145.5 | 3,298.1 | 3,088.4 | 2,821.1 | 2,898.7 | 2,887.0 | 2,789.9 |
| Revenue growth | -13.0% | -4.6% | 6.8% | 9.5% | -2.7% | 0.4% | 3.5% | -9.4% |
| Cost of goods sold | 1,322.7 | 1,348.5 | 1,321.6 | 1,298.7 | 1,280.7 | 1,242.5 | 1,239.5 | 1,163.0 |
| Gross profit | 1,414.4 | 1,797.0 | 1,976.5 | 1,789.8 | 1,540.4 | 1,656.2 | 1,647.5 | 1,626.9 |
| Gross margin | 51.7% | 57.1% | 59.9% | 58.0% | 54.6% | 57.1% | 57.1% | 58.3% |
| Sales and marketing | 40.1 | 55.2 | 48.9 | 52.2 | 50.5 | 41.8 | 36.1 | 37.4 |
| General and administrative | 328.6 | 314.7 | 307.7 | 284.0 | 263.3 | 241.1 | 209.9 | 191.4 |
| EBITA | 778.1 | 1,170.4 | 1,367.4 | 1,205.6 | 1,054.6 | 1,145.6 | 1,151.3 | 717.7 |
| EBITA margin | 28.4% | 37.2% | 41.5% | 39.0% | 37.4% | 39.5% | 39.9% | 25.7% |
| Amortization of intangibles | | | 5.1 | 10.1 | 16.4 | 39.2 | 50.9 | 60.7 |
| EBIT | 778.1 | 1,170.4 | 1,362.3 | 1,195.5 | 1,038.2 | 1,106.4 | 1,100.5 | 657.0 |
| EBIT margin | 28.4% | 37.2% | 41.3% | 38.7% | 36.8% | 38.2% | 38.1% | 23.5% |
| Pre-tax income | -1,824.7 | 279.5 | 948.1 | 776.9 | 517.5 | 683.9 | 640.1 | 590.8 |
| Income taxes | 37.0 | 126.0 | 184.7 | 316.1 | 146.0 | 176.5 | 155.8 | 170.8 |
| Tax rate | | 45.1% | 19.5% | 40.7% | 28.2% | 25.8% | 24.3% | 28.9% |
| Net income | -1,878.3 | 133.1 | 744.4 | 443.9 | 355.8 | 505.1 | 482.4 | 417.8 |
| Net margin | -68.6% | 4.2% | 22.6% | 14.4% | 12.6% | 17.4% | 16.7% | 15.0% |
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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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