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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net sales $ 1,161.0 $ 1,155.2 $ 2,273.7 $ 2,286.2
Cost of sales 782.7 791.7 1,530.2 1,548.7
Gross profit 378.3 363.5 743.5 737.5
Selling, general and administrative expenses 266.2 192.8 478.3 386.8
Amortization expense of intangible assets acquired 4.4 3.4 9.0 7.3
Restructuring charges 29.3 7.1 36.7 15.7
Operating profit 78.4 160.2 219.5 327.7
Interest expense, net (43.2) (44.5) (88.1) (86.5)
Foreign currency exchange loss due to highly inflationary economies (1.3) 0.0 (2.1) 0.0
Other income (expense), net 3.9 1.1 3.2 (10.9)
Earnings before income tax provision 37.8 116.8 132.5 230.3
Income tax provision 12.3 33.5 42.7 355.0
Net earnings (loss) from continuing operations 25.5 83.3 89.8 (124.7)
Gain on sale of discontinued operations, net of tax 7.7 31.1 0.9 38.5
Net earnings (loss) $ 33.2 $ 114.4 $ 90.7 $ (86.2)
Basic:        
Continuing operations (in dollars per share) $ 0.16 $ 0.52 $ 0.58 $ (0.77)
Discontinued operations (in dollars per share) 0.06 0.19 0.01 0.24
Net earnings (loss) per common share - basic (in dollars per share) 0.22 0.71 0.59 (0.53)
Diluted:        
Continuing operations (in dollars per share) 0.16 0.52 0.58 (0.77)
Discontinued operations (in dollars per share) 0.05 0.19 0 0.24
Net earnings (loss) per common share - diluted (n dollars per share) 0.21 0.71 0.58 (0.53)
Dividends per common share (in dollars per share) $ 0.16 $ 0.16 $ 0.32 $ 0.32
Weighted average number of common shares outstanding:        
Basic (in shares) 154.5 159.7 154.6 162.5
Diluted (in shares) 155.3 160.6 155.3 162.5