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 | 878.2 | 1,062.8 | 892.4 | 928.8 | 881.7 | 908.4 | 900.8 | 743.6 |
| Revenue growth | -17.4% | 19.1% | -3.9% | 5.3% | -2.9% | 0.8% | 21.1% | 47.3% |
| Cost of goods sold | 0.0 | 12.3 | 12.3 | 14.9 | 0.0 | -53.9 | -50.2 | 0.0 |
| Gross profit | 878.2 | 1,050.5 | 880.1 | 913.9 | 881.7 | 962.3 | 951.0 | 743.6 |
| Gross margin | 100.0% | 98.8% | 98.6% | 98.4% | 100.0% | 105.9% | 105.6% | 100.0% |
| General and administrative | 40.6 | 64.6 | 59.9 | 57.9 | 63.5 | 47.7 | 45.9 | 38.6 |
| EBITA | 649.9 | 621.2 | 373.5 | 558.5 | 498.7 | 317.4 | 570.0 | 500.3 |
| EBITA margin | 74.0% | 58.4% | 41.9% | 60.1% | 56.6% | 34.9% | 63.3% | 67.3% |
| Amortization of intangibles | | | | | | | | 13.8 |
| EBIT | 649.9 | 621.2 | 373.5 | 558.5 | 498.7 | 317.4 | 570.0 | 486.5 |
| EBIT margin | 74.0% | 58.4% | 41.9% | 60.1% | 56.6% | 34.9% | 63.3% | 65.4% |
| Pre-tax income | 434.3 | 416.1 | 162.3 | 343.8 | 296.5 | 105.9 | 384.3 | 234.5 |
| Income taxes | -4.6 | 3.8 | 4.9 | 2.8 | 3.0 | -3.2 | -1.4 | 1.2 |
| Tax rate | | 0.9% | 3.0% | 0.8% | 1.0% | | | 0.5% |
| Net income | 0.0 | 416.7 | 159.3 | 341.1 | 281.6 | 100.4 | 366.4 | 224.5 |
| Net margin | 0.0% | 39.2% | 17.9% | 36.7% | 31.9% | 11.1% | 40.7% | 30.2% |
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| Diluted EPS | $1.80 | $1.71 | $0.68 | $1.54 | $1.34 | $0.49 | $1.82 | $1.24 |
| Shares outstanding (diluted) | 0.0 | 244.3 | 235.1 | 222.1 | 209.7 | 206.8 | 201.6 | 180.5 |
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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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