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 | 2,443.7 | 2,273.1 | 1,949.2 | 1,643.7 | 1,509.2 | 1,477.4 | 1,275.3 | 1,286.8 |
| Revenue growth | 7.5% | 16.6% | 18.6% | 8.9% | 2.2% | 15.8% | -0.9% | 3.6% |
| Cost of goods sold | 0.0 | 1,704.1 | 1,452.7 | 1,242.9 | 1,157.9 | 1,110.1 | 941.6 | 928.2 |
| Gross profit | 2,443.7 | 569.0 | 496.5 | 400.8 | 351.2 | 367.3 | 333.7 | 358.5 |
| Gross margin | 100.0% | 25.0% | 25.5% | 24.4% | 23.3% | 24.9% | 26.2% | 27.9% |
| Selling, general and administrative | 287.4 | 240.0 | 203.9 | 202.5 | 182.4 | 182.3 | 175.8 | 194.6 |
| EBITA | 188.0 | 264.2 | 230.0 | 129.2 | 99.6 | 120.5 | 89.2 | 100.1 |
| EBITA margin | 7.7% | 11.6% | 11.8% | 7.9% | 6.6% | 8.2% | 7.0% | 7.8% |
| Amortization of intangibles | | 32.0 | 16.2 | | | | | |
| EBIT | 188.0 | 232.3 | 213.8 | 129.2 | 99.6 | 120.5 | 89.2 | 100.1 |
| EBIT margin | 7.7% | 10.2% | 11.0% | 7.9% | 6.6% | 8.2% | 7.0% | 7.8% |
| Pre-tax income | 144.4 | 207.9 | 170.3 | 110.4 | 56.2 | 88.9 | 50.3 | 85.9 |
| Income taxes | 27.1 | 49.7 | 40.9 | 25.7 | 16.5 | 78.1 | 12.9 | 20.0 |
| Tax rate | 18.8% | 23.9% | 24.0% | 23.3% | 29.3% | 87.8% | 25.6% | 23.3% |
| Net income | 117.3 | 141.0 | 118.6 | 77.2 | 35.8 | 7.3 | 33.7 | 61.7 |
| Net margin | 4.8% | 6.2% | 6.1% | 4.7% | 2.4% | 0.5% | 2.6% | 4.8% |
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| Diluted EPS | $2.48 | $2.97 | $2.52 | $1.65 | $0.77 | $0.16 | $0.71 | $1.26 |
| Shares outstanding (diluted) | 47.3 | 47.4 | 47.0 | 46.8 | 46.4 | 46.4 | 47.7 | 49.0 |
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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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