Financial Summary (All financials)
| In millions, except per share items | Dec-05-22 | Dec-31-21 | Dec-05-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 |
| Revenues | 9,228.1 | 8,586.7 | 8,586.7 | 8,435.9 | 8,345.1 | 4,568.5 | 4,560.6 | 4,923.6 |
| Revenue growth | 7.5% | 1.8% | | 1.1% | 82.7% | 0.2% | -7.4% | 29.3% |
| Cost of goods sold | 6,424.0 | 5,902.4 | 5,902.4 | 5,688.1 | 5,941.0 | 2,935.2 | 2,855.1 | 2,894.4 |
| Gross profit | 2,804.1 | 2,684.3 | 2,684.3 | 2,747.8 | 2,404.1 | 1,633.3 | 1,705.5 | 2,029.3 |
| Gross margin | 30.4% | 31.3% | 31.3% | 32.6% | 28.8% | 35.8% | 37.4% | 41.2% |
| Selling, general and administrative | 1,135.0 | 2,635.7 | 1,233.9 | 2,799.6 | 2,912.6 | 674.0 | 733.1 | 881.7 |
| Research and development | 657.4 | | 683.2 | | | 185.7 | 185.6 | 201.3 |
| EBITA | 1,011.7 | -484.4 | 767.2 | -595.5 | -1,071.7 | 773.6 | 786.8 | 946.3 |
| EBITA margin | 11.0% | -5.6% | 8.9% | -7.1% | -12.8% | 16.9% | 17.3% | 19.2% |
| Amortization of intangibles | 543.0 | | 613.0 | | | 264.6 | 271.0 | 297.2 |
| EBIT | 468.7 | -484.4 | 154.2 | -595.5 | -1,071.7 | 509.0 | 515.8 | 649.1 |
| EBIT margin | 5.1% | -5.6% | 1.8% | -7.1% | -12.8% | 11.1% | 11.3% | 13.2% |
| Pre-tax income | -1,300.0 | -534.5 | -534.5 | -654.5 | -1,074.0 | 170.7 | 209.8 | 272.6 |
| Income taxes | -13.1 | -71.9 | -71.9 | -81.1 | -144.5 | 30.5 | 16.0 | 49.7 |
| Tax rate | 1.0% | 13.5% | 13.5% | 12.4% | 13.5% | 17.9% | 7.6% | 18.2% |
| Net income | 0.0 | -462.6 | 0.0 | -573.4 | -929.5 | 140.2 | 193.8 | 222.8 |
| Net margin | 0.0% | -5.4% | 0.0% | -6.8% | -11.1% | 3.1% | 4.2% | 4.5% |
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| Diluted EPS | ($0.01) | ($2.27) | $0.00 | ($2.91) | ($4.80) | $0.72 | $0.98 | $1.13 |
| Shares outstanding (diluted) | 0.2 | 203.6 | 0.2 | 196.8 | 193.7 | 195.3 | 196.8 | 196.5 |
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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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