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 | Nov-30-15 | Nov-30-14 |
| Revenues | 2,188.0 | 2,072.7 | 1,981.5 | 1,895.9 | 1,877.2 | 1,761.3 | 1,708.3 | 1,602.2 |
| Revenue growth | 5.6% | 4.6% | 4.5% | 1.0% | 6.6% | | 6.6% | 16.3% |
| Cost of goods sold | 1,800.1 | 1,701.3 | 1,613.6 | 1,549.4 | 1,562.2 | 1,477.4 | 1,459.5 | 1,406.2 |
| Gross profit | 387.9 | 371.4 | 367.9 | 346.5 | 315.0 | 283.9 | 248.8 | 196.0 |
| Gross margin | 17.7% | 17.9% | 18.6% | 18.3% | 16.8% | 16.1% | 14.6% | 12.2% |
| Selling, general and administrative | 46.0 | 56.1 | 53.6 | 43.8 | 47.0 | 34.7 | 49.0 | 38.2 |
| Research and development | | | | | | | 32.1 | |
| EBITA | 266.9 | 254.0 | 251.8 | 284.5 | 200.2 | 212.3 | 153.3 | 19.6 |
| EBITA margin | 12.2% | 12.3% | 12.7% | 15.0% | 10.7% | 12.1% | 9.0% | 1.2% |
| Amortization of intangibles | 9.9 | 13.4 | 13.6 | 13.7 | 13.7 | 13.3 | 13.4 | |
| EBIT | 257.0 | 240.6 | 238.2 | 270.8 | 186.5 | 199.0 | 139.9 | 19.6 |
| EBIT margin | 11.7% | 11.6% | 12.0% | 14.3% | 9.9% | 11.3% | 8.2% | 1.2% |
| Pre-tax income | 195.0 | 180.2 | 191.9 | 188.6 | 86.9 | 29.2 | -15.9 | -33.0 |
| Income taxes | 51.3 | 42.5 | 50.9 | 51.3 | 96.1 | 11.2 | 0.3 | 16.3 |
| Tax rate | 26.3% | 23.6% | 26.5% | 27.2% | 110.6% | 38.4% | | |
| Earnings from continuing ops | 143.7 | 137.7 | 141.0 | 137.3 | -9.2 | 18.0 | -16.2 | -49.3 |
| Earnings from discontinued ops | | | | | | | | -0.7 |
| Net income | 143.7 | 137.7 | 141.0 | 137.3 | -9.2 | 18.0 | -16.2 | -50.0 |
| Net margin | 6.6% | 6.6% | 7.1% | 7.2% | -0.5% | 1.0% | -0.9% | -3.1% |
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| Diluted EPS | $1.76 | $1.68 | $1.73 | $1.79 | ($0.13) | $0.27 | ($0.27) | ($0.85) |
| Shares outstanding (diluted) | 81.7 | 81.9 | 81.7 | 76.8 | 73.0 | 65.7 | 61.1 | 57.9 |
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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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