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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Net sales $ 1,218.5 $ 1,186.2 $ 3,492.2 $ 3,472.4
Cost of sales 826.5 820.7 2,356.7 2,369.4
Gross profit 392.0 365.5 1,135.5 1,103.0
Selling, general and administrative expenses 221.6 192.1 699.9 578.9
Amortization expense of intangible assets acquired 9.5 3.6 18.5 10.9
Restructuring charges 6.9 6.6 43.6 22.3
Operating profit 154.0 163.2 373.5 490.9
Interest expense, net (48.5) (44.8) (136.6) (131.3)
Foreign currency exchange (loss) gain due to highly inflationary economies (1.3) 0.4 (3.4) 0.4
Other (expense) income, net (1.9) (9.8) 1.3 (20.7)
Earnings before income tax provision 102.3 109.0 234.8 339.3
Income tax provision 22.8 33.4 65.5 388.4
Net earnings (loss) from continuing operations 79.5 75.6 169.3 (49.1)
(Loss) Gain on sale of discontinued operations, net of tax (11.5) 3.4 (10.6) 41.9
Net earnings (loss) $ 68.0 $ 79.0 $ 158.7 $ (7.2)
Basic:        
Continuing operations (in dollars per share) $ 0.52 $ 0.48 $ 1.10 $ (0.31)
Discontinued operations (in dollars per share) (0.08) 0.02 (0.07) 0.26
Net earnings (loss) per common share - basic (in dollars per share) 0.44 0.50 1.03 (0.05)
Diluted:        
Continuing operations (in dollars per share) 0.51 0.48 1.09 (0.31)
Discontinued operations (in dollars per share) (0.07) 0.02 (0.07) 0.26
Net earnings (loss) per common share - diluted (n dollars per share) 0.44 0.50 1.02 (0.05)
Dividends per common share (in dollars per share) $ 0.16 $ 0.16 $ 0.48 $ 0.48
Weighted average number of common shares outstanding:        
Basic (in shares) 154.0 157.2 154.4 160.8
Diluted (in shares) 154.8 158.0 155.2 160.8