Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| Revenues | 3,628.0 | 2,828.0 | 2,385.0 | 4,017.0 |
| Revenue growth | 28.3% | 18.6% | -40.6% | |
| Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 |
| Gross profit | 3,628.0 | 2,828.0 | 2,385.0 | 4,017.0 |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% |
| Selling, general and administrative | 348.0 | 232.0 | 230.0 | |
| Sales and marketing | | | | 393.0 |
| General and administrative | 23.0 | 25.0 | 28.0 | 33.0 |
| EBITA | 400.0 | 331.0 | 101.0 | 520.0 |
| EBITA margin | 11.0% | 11.7% | 4.2% | 12.9% |
| Amortization of intangibles | 2.0 | 2.0 | 2.0 | 3.0 |
| EBIT | 398.0 | 329.0 | 99.0 | 517.0 |
| EBIT margin | 11.0% | 11.6% | 4.2% | 12.9% |
| Pre-tax income | 467.0 | 328.0 | 95.0 | 502.0 |
| Income taxes | 131.0 | 101.0 | 8.0 | 125.0 |
| Tax rate | 28.1% | 30.8% | 8.4% | 24.9% |
| Net income | 118.0 | 331.0 | 170.0 | 377.0 |
| Net margin | 3.3% | 11.7% | 7.1% | 9.4% |
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| Diluted EPS | $7.57 | $5.16 | $1.98 | $8.57 |
| Shares outstanding (diluted) | 44.4 | 44.0 | 44.0 | 44.0 |
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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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