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 | 5,029.6 | 3,953.0 | 3,404.8 | 7,863.1 | 7,222.0 | 6,983.0 | 6,792.9 | 6,643.9 |
| Revenue growth | 27.2% | 16.1% | -56.7% | 8.9% | 3.4% | 2.8% | 2.2% | -2.3% |
| Cost of goods sold | 4,981.0 | 4,070.8 | 3,845.5 | 6,786.4 | 6,135.9 | 6,195.3 | 5,800.3 | 5,532.3 |
| Gross profit | 48.6 | -117.8 | -440.7 | 1,076.7 | 1,086.1 | 787.7 | 992.6 | 1,111.6 |
| Gross margin | 1.0% | -3.0% | -12.9% | 13.7% | 15.0% | 11.3% | 14.6% | 16.7% |
| Selling, general and administrative | 279.2 | 279.9 | 237.4 | 261.4 | 210.4 | 204.7 | 230.9 | 220.8 |
| Research and development | 50.4 | 53.3 | 38.8 | 54.5 | 42.5 | 31.2 | 23.8 | 27.8 |
| EBITA | -282.6 | -453.8 | -721.5 | 760.6 | 843.8 | 532.4 | 727.3 | 864.8 |
| EBITA margin | -5.6% | -11.5% | -21.2% | 9.7% | 11.7% | 7.6% | 10.7% | 13.0% |
| Amortization of intangibles | | | | | | 0.2 | 0.2 | 0.6 |
| EBIT | -282.6 | -453.8 | -721.5 | 760.6 | 843.8 | 532.2 | 727.1 | 864.2 |
| EBIT margin | -5.6% | -11.5% | -21.2% | 9.7% | 11.7% | 7.6% | 10.7% | 13.0% |
| Pre-tax income | -551.4 | -555.2 | -1,085.9 | 663.1 | 756.2 | 534.6 | 660.5 | 808.1 |
| Income taxes | -5.2 | -17.2 | -220.2 | 132.8 | 139.8 | 180.0 | 192.1 | 20.6 |
| Tax rate | 0.9% | 3.1% | 20.3% | 20.0% | 18.5% | 33.7% | 29.1% | 2.5% |
| Net income | -546.2 | -540.8 | -870.3 | 530.1 | 617.0 | 354.9 | 469.7 | 788.7 |
| Net margin | -10.9% | -13.7% | -25.6% | 6.7% | 8.5% | 5.1% | 6.9% | 11.9% |
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| Diluted EPS | ($5.22) | ($5.19) | ($8.38) | $5.06 | $5.66 | $3.01 | $3.70 | $5.66 |
| Shares outstanding (diluted) | 104.6 | 104.2 | 103.9 | 104.7 | 109.1 | 117.9 | 127.0 | 139.4 |
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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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