Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 1,516.0 | 1,749.7 | 2,752.4 | 2,509.1 | 2,397.4 | 3,089.8 | 6,392.7 | 6,170.0 |
| Revenue growth | -13.4% | -36.4% | 9.7% | 4.7% | -22.4% | -51.7% | 3.6% | 41.3% |
| Cost of goods sold | 1,161.5 | 1,327.4 | 2,178.4 | 1,938.8 | 1,775.2 | 2,312.0 | 4,656.2 | 4,619.8 |
| Gross profit | 354.5 | 422.3 | 574.0 | 570.3 | 622.2 | 777.8 | 1,736.5 | 1,550.2 |
| Gross margin | 23.4% | 24.1% | 20.9% | 22.7% | 26.0% | 25.2% | 27.2% | 25.1% |
| Selling, general and administrative | 179.6 | 189.6 | 217.0 | 296.6 | 339.3 | 313.9 | 476.4 | 403.6 |
| EBIT | 277.5 | 255.4 | 415.3 | 306.1 | 370.2 | 480.4 | 1,451.6 | 1,263.1 |
| EBIT margin | 18.3% | 14.6% | 15.1% | 12.2% | 15.4% | 15.5% | 22.7% | 20.5% |
| Pre-tax income | 55.2 | -524.6 | 181.2 | 151.6 | 195.4 | 310.0 | 1,252.0 | 1,064.1 |
| Income taxes | 15.9 | -274.1 | 58.8 | 42.6 | -414.8 | 106.8 | 426.0 | 354.8 |
| Tax rate | 28.8% | 52.2% | 32.5% | 28.1% | | 34.5% | 34.0% | 33.3% |
| Earnings from continuing ops | 39.5 | -422.1 | 123.9 | 105.2 | 599.1 | 182.1 | 796.5 | 678.2 |
| Earnings from discontinued ops | 142.5 | 24.3 | 13.7 | 54.1 | 103.4 | 161.5 | | |
| Net income | 182.0 | -397.8 | 137.6 | 159.3 | 702.5 | 343.6 | 796.5 | 678.2 |
| Net margin | 12.0% | -22.7% | 5.0% | 6.3% | 29.3% | 11.1% | 12.5% | 11.0% |
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| Diluted EPS | $0.38 | ($3.64) | $0.97 | $0.72 | $3.94 | $1.23 | $5.23 | $4.33 |
| Shares outstanding (diluted) | 103.8 | 115.9 | 127.3 | 146.4 | 152.0 | 148.6 | 152.2 | 156.7 |
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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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