XML 78 R67.htm IDEA: XBRL DOCUMENT v3.21.2
Segment Information (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2021
USD ($)
segment
Jun. 30, 2020
USD ($)
Segment Reporting [Abstract]        
Number of reportable segments | segment     2  
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales $ 723.6 $ 527.2 $ 1,394.3 $ 1,018.7
Operating profit 211.3 103.6 386.9 191.6
Stock-based compensation expense     (16.2) (17.7)
Cost investment activity     (2.2)  
Other expense, net 0.3 1.6 1.0 3.1
Income before income taxes 211.0 102.0 385.9 188.5
Operating Segments        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Operating profit 234.9 132.7 433.9 238.7
Intersegment sales elimination        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales (0.1) (0.1) (0.2) (0.2)
Corporate and Unallocated        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Operating profit (23.6) (29.1) (47.0) (47.1)
Stock-based compensation expense (10.3) (12.3) (16.2) (17.7)
Corporate general costs (13.4) (14.4) (27.3) (27.0)
Restructuring and severance related charges (1.0) (2.2) (2.2) (2.2)
Amortization of Acquisition-related Intangible Assets (0.2) (0.2) (0.4) (0.2)
Cost investment activity 1.3 0.0 (0.9) 0.0
Proprietary Products | Operating Segments        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales 587.3 399.5 1,131.0 773.0
Operating profit 216.2 112.2 398.8 205.4
Contract-Manufactured Products | Operating Segments        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales 136.4 127.8 263.5 245.9
Operating profit $ 18.7 $ 20.5 $ 35.1 $ 33.3