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 | 4,371.2 | 4,022.2 | 3,709.4 | 3,520.5 | 3,000.8 | 2,736.9 | 2,570.8 | 2,461.0 |
| Revenue growth | 8.7% | 8.4% | 5.4% | 17.3% | 9.6% | 6.5% | 4.5% | 8.0% |
| Cost of goods sold | 2,834.8 | 2,590.3 | 2,418.1 | 2,294.7 | 1,921.8 | 1,681.4 | 1,554.3 | 1,493.5 |
| Gross profit | 1,536.4 | 1,432.0 | 1,291.2 | 1,225.9 | 1,079.0 | 1,055.5 | 1,016.4 | 967.5 |
| Gross margin | 35.1% | 35.6% | 34.8% | 34.8% | 36.0% | 38.6% | 39.5% | 39.3% |
| Selling, general and administrative | 938.4 | 865.7 | 789.8 | 794.9 | 693.9 | 689.5 | 653.0 | 608.1 |
| EBITA | 544.8 | 567.4 | 482.1 | 462.0 | 387.0 | 363.1 | 360.7 | 351.9 |
| EBITA margin | 12.5% | 14.1% | 13.0% | 13.1% | 12.9% | 13.3% | 14.0% | 14.3% |
| Amortization of intangibles | 42.7 | 58.4 | 43.3 | 32.6 | 38.9 | 36.4 | 27.2 | 28.5 |
| EBIT | 502.2 | 509.0 | 438.7 | 429.4 | 348.1 | 326.7 | 333.5 | 323.4 |
| EBIT margin | 11.5% | 12.7% | 11.8% | 12.2% | 11.6% | 11.9% | 13.0% | 13.1% |
| Pre-tax income | 465.2 | 483.1 | 400.5 | 399.4 | 362.0 | 320.6 | 329.6 | 301.8 |
| Income taxes | 111.8 | 113.7 | 92.2 | 94.5 | 80.8 | 59.7 | 62.1 | 61.9 |
| Tax rate | 24.0% | 23.5% | 23.0% | 23.7% | 22.3% | 18.6% | 18.8% | 20.5% |
| Net income | 353.4 | 369.4 | 308.3 | 304.9 | 282.0 | 263.1 | 269.7 | 239.8 |
| Net margin | 8.1% | 9.2% | 8.3% | 8.7% | 9.4% | 9.6% | 10.5% | 9.7% |
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| Diluted EPS | $1.88 | $1.91 | $1.57 | $1.56 | $1.45 | $1.34 | $1.28 | $1.09 |
| Shares outstanding (diluted) | 188.1 | 193.0 | 195.8 | 195.2 | 194.0 | 197.0 | 210.1 | 219.1 |
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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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