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 | 5,321.7 | 4,842.0 | 5,173.4 | 5,090.4 | 4,591.6 | 4,005.7 | 4,130.3 | 4,346.5 |
| Revenue growth | 9.9% | -6.4% | 1.6% | 10.9% | 14.6% | -3.0% | -5.0% | 3.6% |
| Cost of goods sold | 3,973.8 | 4,380.1 | 4,135.7 | 4,359.1 | 4,352.3 | 2,873.9 | 2,845.9 | 2,894.2 |
| Gross profit | 1,347.9 | 461.8 | 1,037.7 | 731.3 | 239.3 | 1,131.7 | 1,284.4 | 1,452.3 |
| Gross margin | 25.3% | 9.5% | 20.1% | 14.4% | 5.2% | 28.3% | 31.1% | 33.4% |
| Selling, general and administrative | 663.3 | 579.8 | 634.8 | 627.4 | 579.4 | 602.7 | 596.8 | 621.9 |
| EBITA | 753.3 | 52.1 | 452.2 | 132.6 | -157.7 | 449.8 | 639.2 | 800.7 |
| EBITA margin | 14.2% | 1.1% | 8.7% | 2.6% | -3.4% | 11.2% | 15.5% | 18.4% |
| Amortization of intangibles | 12.4 | 11.4 | 11.6 | 13.8 | 2.5 | | | |
| EBIT | 740.9 | 40.7 | 440.6 | 118.7 | -160.2 | 449.8 | 639.2 | 800.7 |
| EBIT margin | 13.9% | 0.8% | 8.5% | 2.3% | -3.5% | 11.2% | 15.5% | 18.4% |
| Pre-tax income | 681.0 | -132.7 | 347.2 | 13.5 | -376.5 | 519.7 | 644.7 | 830.5 |
| Income taxes | -62.4 | -12.3 | 23.7 | -29.5 | -7.5 | 6.3 | 3.0 | 25.9 |
| Tax rate | | 9.3% | 6.8% | | 2.0% | 1.2% | 0.5% | 3.1% |
| Net income | 588.4 | -150.7 | 282.4 | 0.4 | -415.8 | 465.5 | 601.6 | 770.7 |
| Net margin | 11.1% | -3.1% | 5.5% | 0.0% | -9.1% | 11.6% | 14.6% | 17.7% |
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| Diluted EPS | $6.90 | ($1.79) | $3.34 | $0.00 | ($4.94) | $5.08 | $6.04 | $7.29 |
| Shares outstanding (diluted) | 85.3 | 84.3 | 84.5 | 84.0 | 84.1 | 91.5 | 99.6 | 105.7 |
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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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