Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 2,888.6 | 2,765.7 | 2,960.6 | 2,717.1 | 2,602.1 | 2,550.8 | 2,490.8 | 2,397.0 |
| Revenue growth | 4.4% | -6.6% | 9.0% | 4.4% | 2.0% | 2.4% | 3.9% | 12.2% |
| Cost of goods sold | 1,021.2 | 1,017.2 | 1,050.0 | 979.2 | 930.6 | 892.2 | 873.5 | 838.4 |
| Gross profit | 1,867.5 | 1,748.5 | 1,910.6 | 1,737.9 | 1,671.4 | 1,658.7 | 1,617.3 | 1,558.6 |
| Gross margin | 64.6% | 63.2% | 64.5% | 64.0% | 64.2% | 65.0% | 64.9% | 65.0% |
| General and administrative | 151.6 | 133.1 | 140.8 | 121.7 | 113.7 | 105.2 | 96.3 | 98.9 |
| EBIT | 1,004.4 | 1,444.5 | 992.2 | 1,051.6 | 931.7 | 973.3 | 872.1 | 814.6 |
| EBIT margin | 34.8% | 52.2% | 33.5% | 38.7% | 35.8% | 38.2% | 35.0% | 34.0% |
| Pre-tax income | 631.9 | 1,018.7 | 652.0 | 712.6 | 562.5 | 570.0 | 799.9 | 526.1 |
| Income taxes | 126.7 | 146.0 | 130.5 | 129.7 | 100.0 | 57.2 | 216.8 | 82.4 |
| Tax rate | 20.1% | 14.3% | 20.0% | 18.2% | 17.8% | 10.0% | 27.1% | 15.7% |
| Earnings from continuing ops | 496.2 | 862.2 | 511.0 | 572.3 | 451.9 | 502.3 | 572.6 | 433.1 |
| Earnings from discontinued ops | | | | 0.0 | 0.0 | | | |
| Net income | 496.2 | 862.2 | 511.0 | 572.3 | 451.9 | 502.3 | 572.6 | 433.1 |
| Net margin | 17.2% | 31.2% | 17.3% | 21.1% | 17.4% | 19.7% | 23.0% | 18.1% |
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| Diluted EPS | $3.17 | $5.54 | $3.30 | $3.70 | $2.93 | $3.26 | $3.72 | $2.83 |
| Shares outstanding (diluted) | 156.4 | 155.5 | 154.9 | 154.7 | 154.4 | 154.0 | 153.8 | 153.3 |
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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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