Financial Summary (All financials)
| In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
| Revenues | 964.3 | 1,305.4 | 1,082.8 | 1,236.9 | 2,302.1 | 3,352.3 | 3,232.5 | 2,538.1 |
| Revenue growth | -26.1% | 20.6% | -12.5% | -46.3% | -31.3% | 3.7% | 27.4% | 15.3% |
| Cost of goods sold | 374.1 | 440.2 | 486.5 | 548.0 | 611.1 | 1,937.1 | 1,566.9 | 1,230.8 |
| Gross profit | 590.1 | 865.2 | 596.3 | 688.9 | 1,691.0 | 1,415.1 | 1,665.6 | 1,307.4 |
| Gross margin | 61.2% | 66.3% | 55.1% | 55.7% | 73.5% | 42.2% | 51.5% | 51.5% |
| Selling, general and administrative | | | | | | | | |
| General and administrative | 121.2 | 168.8 | 73.2 | 71.6 | 69.3 | 76.8 | 106.8 | 118.0 |
| EBIT | -146.7 | -51.0 | -143.9 | -44.1 | 698.6 | 1,338.3 | 931.4 | 748.6 |
| EBIT margin | -15.2% | -3.9% | -13.3% | -3.6% | 30.3% | 39.9% | 28.8% | 29.5% |
| Pre-tax income | -4,238.9 | -909.1 | -1,237.2 | -449.8 | -967.0 | 742.4 | 29.5 | 638.4 |
| Income taxes | -260.4 | -38.5 | -106.6 | 42.6 | -109.2 | 159.2 | 106.7 | 92.1 |
| Tax rate | 6.1% | 4.2% | 8.6% | | 11.3% | 21.4% | 362.0% | 14.4% |
| Earnings from continuing ops | 0.0 | 3.8 | 0.0 | -515.0 | -929.6 | 511.0 | -152.0 | 478.6 |
| Earnings from discontinued ops | | -3.8 | | -1.5 | | | 160.5 | 304.1 |
| Net income | 0.0 | 0.0 | 0.0 | -516.5 | -929.6 | 511.0 | 8.5 | 782.7 |
| Net margin | 0.0% | 0.0% | 0.0% | -41.8% | -40.4% | 15.2% | 0.3% | 30.8% |
| |
| Diluted EPS | $0.00 | $15.35 | $0.00 | ($2.10) | ($3.82) | $2.07 | ($0.60) | $1.89 |
| Shares outstanding (diluted) | 0.3 | 0.2 | 0.2 | 244.7 | 243.1 | 247.4 | 252.9 | 253.5 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|