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 | 1,302.0 | 861.0 | 926.0 | 1,528.0 | | 1,160.0 | 1,012.0 | 1,025.0 |
| Revenue growth | 51.2% | -7.0% | -39.4% | | | 14.6% | -1.3% | 3.6% |
| Cost of goods sold | 0.0 | 0.0 | 0.0 | 700.0 | | 583.0 | 470.0 | 469.0 |
| Gross profit | 1,302.0 | 861.0 | 926.0 | 828.0 | | 577.0 | 542.0 | 556.0 |
| Gross margin | 100.0% | 100.0% | 100.0% | 54.2% | | 49.7% | 53.6% | 54.2% |
| Selling, general and administrative | | | | | | | | |
| General and administrative | 20.0 | 18.0 | 16.0 | 31.0 | | 77.0 | 27.0 | 30.0 |
| EBIT | 52.0 | 225.0 | 91.0 | 797.0 | | 500.0 | 515.0 | 526.0 |
| EBIT margin | 4.0% | 26.1% | 9.8% | 52.2% | | 43.1% | 50.9% | 51.3% |
| Pre-tax income | 43.0 | 243.0 | 109.0 | 809.0 | | 686.0 | 495.0 | 397.0 |
| Income taxes | 0.0 | 0.0 | 0.0 | 16.0 | | 19.0 | 21.0 | 18.0 |
| Tax rate | 0.0% | 0.0% | 0.0% | 2.0% | | 2.8% | 4.2% | 4.5% |
| Net income | 43.0 | 243.0 | 109.0 | 793.0 | | 667.0 | 474.0 | 379.0 |
| Net margin | 3.3% | 28.2% | 11.8% | 51.9% | | 57.5% | 46.8% | 37.0% |
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| Diluted EPS | $0.08 | $0.54 | $0.26 | $1.86 | | $1.57 | $1.51 | $1.21 |
| Shares outstanding (diluted) | 518.0 | 446.0 | 424.0 | 427.0 | | 425.0 | 314.0 | 314.0 |
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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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