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Consolidated Statements of Operations - USD ($)
shares in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Gross Profit $ 1,284,700,000 $ 1,188,400,000 $ 1,040,100,000
Revenues 4,718,400,000 4,194,100,000 3,634,100,000
Cost of goods sold 3,433,700,000 3,005,700,000 2,594,000,000
Gross profit 1,284,700,000 1,188,400,000 1,040,100,000
Operating expenses:      
Selling, general and administrative expenses 627,200,000 598,900,000 555,900,000
(Gains) losses and other expenses, net 4,900,000 9,200,000 7,400,000
Restructuring charges 1,500,000 1,800,000 10,800,000
Loss(gain) from natural disaster, net of Insurance recoveries 0 0 3,100,000
Income from equity method investments (5,100,000) (11,800,000) (15,600,000)
Operating income 656,200,000 590,300,000 478,500,000
Interest expense, net 38,700,000 25,000,000.0 28,300,000
Other expense (income), net 1,900,000 4,000,000.0 4,400,000
Income from continuing operations before income taxes 615,800,000 560,100,000 445,200,000
Provision for income taxes 118,700,000 96,100,000 88,100,000
Income from continuing operations 497,100,000 464,000,000.0 357,100,000
Discontinued operations:      
Loss from discontinued operations before income taxes 0 0 (1,500,000)
Income tax benefit 0 0 (700,000)
Loss from discontinued operations 0 0 (800,000)
Net income $ 497,100,000 $ 464,000,000.0 $ 356,300,000
Earnings per share – Basic:      
Income from continuing operations (in usd per share) $ 13.92 $ 12.47 $ 9.32
Loss from discontinued operations (in usd per share) 0 0 (0.02)
Net income (in usd per share) 13.92 12.47 9.30
Earnings per share – Diluted:      
Income from continuing operations (in usd per share) 13.88 12.39 9.26
Loss from discontinued operations (in usd per share) 0 0 (0.02)
Net income (in usd per share) $ 13.88 $ 12.39 $ 9.24
Average shares outstanding:      
Basic (in shares) 35.7 37.2 38.3
Diluted (in shares) 35.8 37.5 38.6
Cash dividends declared per share (in usd per share) $ 4.10 $ 3.53 $ 3.08
Pension settlements $ (200,000) $ 1,200,000 $ 600,000