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 | 1,475.2 | 1,891.5 | 2,018.2 | 1,494.6 | 1,308.3 | 1,612.5 | 1,643.9 | 1,623.5 |
| Revenue growth | -22.0% | -6.3% | 35.0% | 14.2% | -18.9% | -1.9% | 1.3% | 42.0% |
| Cost of goods sold | 327.8 | 1,107.8 | 1,159.1 | 957.9 | 871.1 | 930.9 | 406.5 | 885.5 |
| Gross profit | 1,147.5 | 783.6 | 859.1 | 536.7 | 437.2 | 681.6 | 1,237.3 | 738.0 |
| Gross margin | 77.8% | 41.4% | 42.6% | 35.9% | 33.4% | 42.3% | 75.3% | 45.5% |
| Selling, general and administrative | 48.5 | | | | | | 128.2 | |
| General and administrative | | 130.0 | 131.7 | 123.5 | 134.6 | 160.3 | | 146.4 |
| EBIT | 1,099.0 | 653.6 | 727.4 | 413.2 | 302.6 | 521.4 | 1,109.2 | 364.8 |
| EBIT margin | 74.5% | 34.6% | 36.0% | 27.6% | 23.1% | 32.3% | 67.5% | 22.5% |
| Pre-tax income | 156.1 | 504.1 | 564.4 | 282.7 | 155.0 | 243.3 | 231.4 | 283.5 |
| Income taxes | 36.8 | 118.0 | 133.1 | 63.7 | 34.2 | 110.1 | 83.5 | 70.9 |
| Tax rate | 23.6% | 23.4% | 23.6% | 22.5% | 22.1% | 45.3% | 36.1% | 25.0% |
| Earnings from continuing ops | 119.3 | 374.5 | 409.4 | 211.3 | 116.5 | 132.5 | 147.9 | 209.1 |
| Earnings from discontinued ops | | | 38.4 | 14.0 | 4.9 | | | |
| Net income | 119.3 | 374.5 | 447.8 | 225.3 | 121.4 | 132.5 | 147.9 | 209.1 |
| Net margin | 8.1% | 19.8% | 22.2% | 15.1% | 9.3% | 8.2% | 9.0% | 12.9% |
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| Diluted EPS | $1.69 | $4.61 | $4.58 | $2.29 | $1.23 | $1.36 | $1.48 | $2.09 |
| Shares outstanding (diluted) | 70.6 | 81.2 | 89.3 | 92.4 | 95.1 | 97.4 | 100.0 | 100.0 |
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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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