Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-05-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 5,112.9 | 4,737.9 | 4,527.5 | 4,303.8 | 4,303.8 | 4,155.6 | 3,934.6 | 3,766.1 |
| Revenue growth | 7.9% | 4.6% | 5.2% | 3.6% | | 5.6% | 4.5% | 4.0% |
| Cost of goods sold | 4,259.8 | 3,836.9 | 3,616.9 | 3,438.3 | 3,322.7 | 3,348.5 | 3,151.7 | 2,991.1 |
| Gross profit | 853.1 | 901.1 | 910.7 | 865.5 | 981.1 | 807.0 | 782.9 | 775.0 |
| Gross margin | 16.7% | 19.0% | 20.1% | 20.1% | 22.8% | 19.4% | 19.9% | 20.6% |
| Selling, general and administrative | 322.0 | 301.0 | 304.8 | 279.6 | 279.6 | 257.3 | 232.1 | 223.9 |
| EBIT | 984.0 | 979.1 | 1,006.2 | 948.6 | 701.5 | 901.1 | 851.2 | 845.0 |
| EBIT margin | 19.2% | 20.7% | 22.2% | 22.0% | 16.3% | 21.7% | 21.6% | 22.4% |
| Pre-tax income | 912.4 | 896.7 | 931.3 | 863.7 | 863.7 | 830.6 | 772.2 | 766.2 |
| Income taxes | 167.4 | 164.9 | 170.4 | 162.2 | 162.2 | -627.6 | 232.6 | -249.9 |
| Tax rate | 18.4% | 18.4% | 18.3% | 18.8% | 18.8% | | 30.1% | |
| Earnings from continuing ops | 745.0 | 731.8 | 760.9 | 701.5 | 701.5 | 1,458.3 | 539.6 | 516.3 |
| Earnings from discontinued ops | | | | | 0.0 | | 0.0 | |
| Net income | 745.0 | 731.8 | 760.8 | 701.5 | 701.5 | 1,454.5 | 549.8 | 527.1 |
| Net margin | 14.6% | 15.4% | 16.8% | 16.3% | 16.3% | 35.0% | 14.0% | 14.0% |
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| Diluted EPS | $7.22 | $6.82 | $6.83 | $6.09 | | $12.26 | $4.41 | $4.07 |
| Shares outstanding (diluted) | 103.2 | 107.2 | 111.4 | 115.2 | | 119.0 | 122.4 | 126.8 |
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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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