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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net sales $ 1,366.3 $ 1,239.0 $ 2,379.7 $ 2,169.4
Cost of goods sold 969.2 855.8 1,714.4 1,529.7
Gross profit 397.1 383.2 665.3 639.7
Operating Expenses:        
Selling, general and administrative expenses 169.6 167.8 324.9 313.2
Losses (gains) and other expenses, net 1.6 2.3 2.0 2.6
Restructuring charges (0.5) (1.2) (1.0) (1.3)
Income from equity method investments (1.5) (4.1) (1.4) (7.4)
Operating income 226.9 216.0 338.8 330.0
Pension settlements 0.2 0.0 0.3 0.7
Interest expense, net 8.7 6.4 15.6 12.3
Other expense (income), net 0.7 0.9 1.2 1.9
Net income before income taxes 217.3 208.7 321.7 315.1
Provision for income taxes 40.1 38.7 60.9 60.9
Net income $ 177.2 $ 170.0 $ 260.8 $ 254.2
Earnings per share, basic (in dollars per share) $ 4.97 $ 4.55 $ 7.25 $ 6.74
Earnings per share, diluted (in dollars per share) $ 4.96 $ 4.51 $ 7.23 $ 6.70
Weighted average number of shares outstanding, basic (in shares) 35.6 37.4 36.0 37.7
Weighted average number of shares outstanding, diluted (in shares) 35.7 37.7 36.1 38.0