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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Net sales $ 3,839.6 $ 3,641.6 $ 3,467.4
Cost of goods sold 2,714.4 2,565.1 2,520.0
Gross profit 1,125.2 1,076.5 947.4
Operating expenses:      
Selling, general and administrative expenses 637.7 621.0 580.5
Losses and other expenses, net 8.2 11.3 21.7
Restructuring charges 3.2 1.8 3.2
Goodwill impairment 0.0 0.0 5.5
Asset impairment 0.0 0.0 44.5
Pension settlement 0.0 31.4 0.0
Income from equity method investments (18.4) (18.4) (13.4)
Operating income 494.5 429.4 305.4
Interest expense, net 30.6 27.0 23.6
Other income, net (0.1) (0.3) (0.8)
Income from continuing operations before income taxes 464.0 402.7 282.6
Provision for income taxes 156.9 124.1 95.4
Income from continuing operations 307.1 278.6 187.2
Discontinued operations:      
Loss from discontinued operations before income taxes (2.2) (1.3) (1.0)
Benefit from income taxes (0.8) (0.5) (0.4)
Loss from discontinued operations (1.4) (0.8) (0.6)
Net income $ 305.7 $ 277.8 $ 186.6
Earnings per share – Basic:      
Income from continuing operations (in usd per share) $ 7.28 $ 6.41 $ 4.17
Loss from discontinued operations (in usd per share) (0.03) (0.02) (0.01)
Net income (in usd per share) 7.25 6.39 4.16
Earnings per share – Diluted:      
Income from continuing operations (in usd per share) 7.17 6.34 4.11
Loss from discontinued operations (in usd per share) (0.03) (0.02) (0.02)
Net income (in usd per share) $ 7.14 $ 6.32 $ 4.09
Average shares outstanding:      
Basic (in shares) 42.2 43.4 44.9
Diluted (in shares) 42.8 44.0 45.6
Cash dividends declared per share (in usd per share) $ 1.96 $ 1.65 $ 1.38