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 | 5,726.9 | 7,399.5 | 7,365.3 | 7,875.7 | 5,590.2 | 5,674.8 | 5,422.0 | 5,430.6 |
| Revenue growth | -22.6% | 0.5% | -6.5% | 40.9% | -1.5% | 4.7% | -0.2% | -16.2% |
| Cost of goods sold | 4,757.9 | 6,713.5 | 7,519.3 | 7,728.7 | 5,507.2 | 5,610.8 | 4,887.0 | 4,535.6 |
| Gross profit | 969.0 | 686.0 | -154.0 | 147.0 | 83.0 | 64.0 | 535.0 | 895.0 |
| Gross margin | 16.9% | 9.3% | -2.1% | 1.9% | 1.5% | 1.1% | 9.9% | 16.5% |
| Selling, general and administrative | 423.8 | 407.4 | 365.6 | 381.4 | 341.0 | 373.0 | 497.8 | 26.6 |
| EBITA | -1,323.1 | 509.3 | -4.9 | 679.2 | -501.2 | 61.4 | 75.3 | -242.4 |
| EBITA margin | -23.1% | 6.9% | -0.1% | 8.6% | -9.0% | 1.1% | 1.4% | -4.5% |
| Amortization of intangibles | 8.9 | 8.9 | 10.0 | 11.4 | 35.5 | 24.6 | 25.9 | 26.6 |
| EBIT | -1,332.0 | 500.4 | -14.9 | 667.8 | -536.7 | 36.7 | 49.4 | -269.0 |
| EBIT margin | -23.3% | 6.8% | -0.2% | 8.5% | -9.6% | 0.6% | 0.9% | -5.0% |
| Pre-tax income | -1,058.7 | 761.6 | 241.1 | 989.3 | -94.9 | 274.4 | 496.2 | 180.4 |
| Income taxes | 31.3 | 38.2 | -13.1 | -52.5 | -8.9 | 10.4 | 25.9 | 79.7 |
| Tax rate | | 5.0% | | | 9.4% | 3.8% | 5.2% | 44.2% |
| Earnings from continuing ops | -1,099.8 | 679.5 | 205.9 | -46.4 | -132.4 | 217.6 | 387.4 | 47.6 |
| Earnings from discontinued ops | | | | 936.7 | | | | |
| Net income | -1,099.8 | 679.5 | 205.9 | 890.3 | -132.4 | 217.6 | 387.4 | 47.6 |
| Net margin | -19.2% | 9.2% | 2.8% | 11.3% | -2.4% | 3.8% | 7.1% | 0.9% |
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| Diluted EPS | | | | | | | | $0.97 |
| Shares outstanding (diluted) | | | | | | | | 48.9 |
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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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