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CONSOLIDATED STATEMENT OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues $ 4,089.9 $ 4,046.2 $ 4,004.4
Cost of products sold 3,284.8 3,260.0 3,137.9
Gross profit 805.1 786.2 866.5
Operating expenses:      
Selling, general and administrative expenses 377.9 385.2 390.5
Research and development 38.0 42.9 46.5
Restructuring and other costs 61.9 60.4 28.6
Goodwill and Intangible Asset Impairment 0.0 196.6 0.0
Other Operating Income (Expense), Net (31.7) (20.9) (10.4)
Operating income 359.0 122.0 411.3
Interest expense 76.1 65.8 60.2
Other non-operating (income) expense, net (2.8) 3.5 0.2
Income from continuing operations before income taxes 285.7 52.7 350.9
Provision for income taxes 60.0 (41.3) 114.7
Net income $ 225.7 $ 94.0 $ 236.2
Basic earnings per share:      
Net income, per basic share $ 2.48 $ 1.03 $ 2.51
Diluted earnings per share:      
Net income, per diluted share 2.47 1.02 2.48
Cash dividends paid per share (in dollars per share) $ 1.24 $ 1.20 $ 1.16