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 | 2,135.0 | 1,261.2 | 1,334.7 | 1,281.2 | 1,197.6 | 1,666.7 | 1,576.9 | 1,543.4 |
| Revenue growth | 69.3% | -5.5% | 4.2% | 7.0% | -28.1% | 5.7% | 2.2% | 6.0% |
| Cost of goods sold | 1,369.9 | 1,369.5 | 1,378.2 | 1,321.1 | 1,227.6 | 1,150.5 | 1,115.4 | 1,087.6 |
| Gross profit | 765.1 | -108.2 | -43.5 | -39.9 | -30.1 | 516.2 | 461.5 | 455.8 |
| Gross margin | 35.8% | -8.6% | -3.3% | -3.1% | -2.5% | 31.0% | 29.3% | 29.5% |
| Selling, general and administrative | 358.7 | 426.8 | 311.7 | 360.0 | 311.4 | 403.2 | 243.6 | 237.8 |
| EBITA | 335.1 | 369.5 | 414.7 | 274.7 | 241.0 | 125.2 | 179.1 | 185.6 |
| EBITA margin | 15.7% | 29.3% | 31.1% | 21.4% | 20.1% | 7.5% | 11.4% | 12.0% |
| Amortization of intangibles | 10.1 | 10.0 | 10.0 | 4.3 | 0.4 | 0.1 | 0.4 | 1.1 |
| EBIT | 325.0 | 359.5 | 404.7 | 270.4 | 240.6 | 125.1 | 178.7 | 184.5 |
| EBIT margin | 15.2% | 28.5% | 30.3% | 21.1% | 20.1% | 7.5% | 11.3% | 12.0% |
| Pre-tax income | 329.7 | 350.3 | 396.0 | 261.6 | 239.6 | 116.9 | 177.1 | 180.1 |
| Income taxes | 80.1 | 81.8 | 76.5 | 41.7 | 34.1 | 18.7 | 68.3 | 69.9 |
| Tax rate | 24.3% | 23.3% | 19.3% | 15.9% | 14.2% | 16.0% | 38.6% | 38.8% |
| Net income | 249.6 | 268.6 | 319.5 | 219.9 | 205.5 | 98.2 | 108.7 | 110.3 |
| Net margin | 11.7% | 21.3% | 23.9% | 17.2% | 17.2% | 5.9% | 6.9% | 7.1% |
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| Diluted EPS | $16.53 | $16.85 | $19.48 | $13.31 | $12.23 | $5.86 | $6.48 | $6.33 |
| Shares outstanding (diluted) | 15.1 | 15.9 | 16.4 | 16.5 | 16.8 | 16.7 | 16.8 | 17.4 |
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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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