Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

1,573.9

1,648

1,921.2

2,181.3

2,377.5

2,548.2

Total Revenues % Chg.

9%

4.7%

16.6%

13.5%

9%

11.9%

Cost of Goods Sold, Total

531.8

562

624.5

683.7

768.2

839.3

Gross Profit

1,042.1

1,086.1

1,296.7

1,497.6

1,609.3

1,709

Selling General & Admin Expenses, Total

609

624.1

759.8

856.3

855.7

884.8

R&D Expenses

193.7

218.2

271.2

306.1

322.7

340

Amortization of Goodwill and Intangible Assets

Other Operating Expenses, Total

802.7

842.3

1,031

1,162.4

1,178.4

1,224.8

Operating Income

239.4

243.8

265.7

335.2

431

484.2

Interest Expense, Total

-20.9

-21.1

-16.4

-5.7

-5.7

-4.4

Interest And Investment Income

20.5

19.1

14

18.4

34.1

43.8

Net Interest Expenses

-0.4

-1.9

-2.4

12.7

28.4

39.4

Currency Exchange Gains (Loss)

-1.8

-0

-4.1

-0.3

-3.3

-3.3

Other Non Operating Income (Expenses)

-2.2

-2.9

-2.8

-1

-2.5

-2.5

EBT, Excl. Unusual Items

235

238.9

256.3

346.6

453.5

517.8

Restructuring Charges

Merger & Related Restructuring Charges

-0.7

-1.7

-1.8

-0

-14

-15.9

Gain (Loss) On Sale Of Investments

Gain (Loss) On Sale Of Assets

Other Unusual Items

-14

-1.2

18.2

18.7

EBT, Incl. Unusual Items

234.3

237.2

240.6

345.3

457.7

520.6

Income Tax Expense

48.4

40.8

41.4

79.4

119.4

124.4

Earnings From Continuing Operations

185.9

196.3

199.2

265.9

338.3

396.2

Earnings Of Discontinued Operations

Net Income

185.9

196.3

199.2

265.9

338.3

396.2

Net Income to Common Incl Extra Items

185.9

196.3

199.2

265.9

338.3

396.2

Net Income to Common Excl. Extra Items

185.9

196.3

199.2

265.9

338.3

396.2

Total Shares Outstanding

62.4

63.1

63.5

63.6

62.9

63.5

Weighted Avg. Shares Outstanding

62.1

62.7

63.2

63.8

63.6

63.4

Weighted Avg. Shares Outstanding Dil

64.7

66

66.9

66.5

66.3

66.1

EPS

3

3.1

3.2

4.2

5.3

6.3

EPS Diluted

2.9

3

3

4

5.1

6

EBITDA

412.7

425.8

449.8

511.8

598.3

671

Effective Tax Rate

20.6%

17.2%

17.2%

23%

26.1%

23.9%