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 |
| Revenues | 1,505.1 | 1,444.1 | 1,323.1 | 1,306.5 | 1,228.4 |
| Revenue growth | 4.2% | 9.1% | 1.3% | 6.4% | |
| Cost of goods sold | 343.5 | 332.0 | 318.0 | 338.9 | 344.4 |
| Gross profit | 1,161.6 | 1,112.1 | 1,005.1 | 967.6 | 884.0 |
| Gross margin | 77.2% | 77.0% | 76.0% | 74.1% | 72.0% |
| Sales and marketing | 535.7 | 496.8 | 451.8 | 486.3 | 431.5 |
| Research and development | 318.8 | 260.7 | 230.2 | 234.9 | 203.1 |
| General and administrative | 128.1 | 122.1 | 93.5 | 101.6 | 87.6 |
| EBITA | 214.4 | 305.8 | 308.6 | 259.6 | 139.2 |
| EBITA margin | 14.2% | 21.2% | 23.3% | 19.9% | 11.3% |
| Amortization of intangibles | 188.8 | 245.9 | 287.8 | 323.6 | 226.6 |
| EBIT | 25.6 | 59.9 | 20.8 | -64.0 | -87.4 |
| EBIT margin | 1.7% | 4.1% | 1.6% | -4.9% | -7.1% |
| Pre-tax income | -14.7 | -51.9 | -212.5 | -229.2 | -211.9 |
| Income taxes | 19.5 | 24.0 | -22.3 | -23.0 | -44.3 |
| Tax rate | | | 10.5% | 10.0% | 20.9% |
| Net income | -34.2 | -75.9 | -190.2 | -206.2 | -167.7 |
| Net margin | -2.3% | -5.3% | -14.4% | -15.8% | -13.7% |
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| Diluted EPS | ($0.12) | ($0.30) | ($0.78) | ($0.80) | ($0.01) |
| Shares outstanding (diluted) | 281.1 | 250.4 | 244.3 | 257.8 | 24,344.0 |
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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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