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 | 9,778.0 | 7,951.8 | 6,321.0 | 7,183.2 | 6,909.4 | 6,607.0 | 5,134.7 | 4,208.3 |
| Revenue growth | 23.0% | 25.8% | -12.0% | 4.0% | 4.6% | 28.7% | 22.0% | -8.7% |
| Cost of goods sold | 135.9 | 77.2 | 38.9 | 23.0 | 20.6 | 0.0 | 4,442.1 | 3,721.3 |
| Gross profit | 9,642.1 | 7,874.6 | 6,282.1 | 7,160.2 | 6,888.8 | 6,607.0 | 692.6 | 487.0 |
| Gross margin | 98.6% | 99.0% | 99.4% | 99.7% | 99.7% | 100.0% | 13.5% | 11.6% |
| Selling, general and administrative | | | | | | | | |
| General and administrative | 559.4 | 307.0 | 303.0 | 286.4 | 287.3 | 275.1 | 261.4 | 265.9 |
| EBITA | 289.9 | 527.3 | 468.0 | 618.5 | 493.8 | 466.7 | 291.1 | 71.9 |
| EBITA margin | 3.0% | 6.6% | 7.4% | 8.6% | 7.1% | 7.1% | 5.7% | 1.7% |
| Amortization of intangibles | 135.9 | 77.2 | | | | 20.9 | 21.3 | 28.4 |
| EBIT | 154.0 | 450.1 | 468.0 | 618.5 | 493.8 | 445.8 | 269.8 | 43.5 |
| EBIT margin | 1.6% | 5.7% | 7.4% | 8.6% | 7.1% | 6.7% | 5.3% | 1.0% |
| Pre-tax income | 43.1 | 430.1 | 425.2 | 510.9 | 365.3 | 371.8 | 225.8 | -67.7 |
| Income taxes | 9.2 | 99.3 | 102.5 | 116.8 | 106.1 | 22.9 | 91.8 | 12.0 |
| Tax rate | 21.3% | 23.1% | 24.1% | 22.9% | 29.0% | 6.2% | 40.6% | |
| Net income | 33.4 | 328.8 | 322.8 | 392.3 | 259.7 | 347.2 | 131.3 | -79.1 |
| Net margin | 0.3% | 4.1% | 5.1% | 5.5% | 3.8% | 5.3% | 2.6% | -1.9% |
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| Diluted EPS | $0.44 | $4.45 | $4.38 | $5.17 | $3.26 | $4.22 | $1.61 | ($0.98) |
| Shares outstanding (diluted) | 76.2 | 73.9 | 73.7 | 75.8 | 79.8 | 82.3 | 81.4 | 80.5 |
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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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