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 | 2,647.6 | 1,357.1 | 1,124.2 | 2,470.7 | 3,327.0 | 2,356.7 | 915.9 | 1,891.3 |
| Revenue growth | 95.1% | 20.7% | -54.5% | -25.7% | 41.2% | 157.3% | -51.6% | -40.6% |
| Cost of goods sold | 2,432.1 | 2,033.5 | 2,005.3 | 2,930.1 | 3,317.8 | 2,528.5 | 1,317.2 | 11.5 |
| Gross profit | 215.5 | -676.5 | -881.1 | -459.4 | 9.2 | -171.9 | -401.3 | 1,879.8 |
| Gross margin | 8.1% | -49.8% | -78.4% | -18.6% | 0.3% | -7.3% | -43.8% | 99.4% |
| Selling, general and administrative | 4.5 | 1.3 | 11.2 | 2.2 | 134.1 | 105.8 | 69.2 | 74.9 |
| EBITA | 130.5 | -736.5 | -939.3 | -579.1 | -89.0 | -189.5 | -452.6 | -278.8 |
| EBITA margin | 4.9% | -54.3% | -83.5% | -23.4% | -2.7% | -8.0% | -49.4% | -14.7% |
| Amortization of intangibles | 1.3 | 24.0 | 19.3 | 17.9 | 18.3 | 24.3 | 3.6 | 3.6 |
| EBIT | 129.2 | -760.5 | -958.6 | -597.0 | -107.3 | -213.8 | -456.2 | -282.4 |
| EBIT margin | 4.9% | -56.0% | -85.3% | -24.2% | -3.2% | -9.1% | -49.8% | -14.9% |
| Pre-tax income | 167.9 | -719.8 | -931.0 | -530.4 | -367.4 | -327.8 | -496.2 | -442.4 |
| Income taxes | 13.2 | -62.7 | -127.3 | -104.7 | -46.0 | -333.7 | -177.6 | -148.0 |
| Tax rate | 7.9% | 8.7% | 13.7% | 19.7% | 12.5% | 101.8% | 35.8% | 33.4% |
| Net income | 154.7 | -654.5 | -803.7 | -425.7 | -321.4 | 5.9 | -318.6 | -294.5 |
| Net margin | 5.8% | -48.2% | -71.5% | -17.2% | -9.7% | 0.3% | -34.8% | -15.6% |
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| Diluted EPS | $0.70 | ($3.37) | ($4.27) | ($2.10) | ($1.47) | $0.03 | ($2.18) | ($2.03) |
| Shares outstanding (diluted) | 219.5 | 195.0 | 188.0 | 203.0 | 218.6 | 199.9 | 146.2 | 145.4 |
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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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