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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net sales [1] $ 5,063.3 $ 4,837.4 $ 4,731.7
Cost of sales 3,248.1 3,064.1 2,900.2
Gross profit 1,815.2 1,773.3 1,831.5
Operating expenses      
Distribution 100.4 96.1 94.2
Research and development 177.7 187.4 218.6
Selling 579.1 567.0 595.7
Administration 496.0 503.0 435.9
Impairment charges 346.8 184.5 224.4
Restructuring 3.5 26.3 21.0
Other operating expense (income) (3.7) 4.2 5.2
Total operating expenses 1,699.8 1,568.5 1,595.0
Operating income 115.4 204.8 236.5
Change in financial assets 96.4 (22.1) (188.7)
Interest expense, net 131.2 121.7 128.0
Other (income) expense, net 17.2 (66.0) 6.1
Loss on extinguishment of debt 20.0 0.2 0.5
Income (loss) before income taxes (149.4) 171.0 290.6
Income tax expense 13.2 24.9 159.6
Net income (loss) $ (162.6) $ 146.1 $ 131.0
Earnings (loss) per share      
Basic (in dollars per share) $ (1.19) $ 1.07 $ 0.95
Diluted (in dollars per share) $ (1.19) $ 1.07 $ 0.95
Weighted-average shares outstanding      
Basic (in dollars per share) 136.1 136.0 137.8
Diluted (in dollars per shares) 136.1 136.5 138.3
Revenue, Product and Service [Extensible List] us-gaap:ProductMember    
Cost, Product and Service [Extensible List] us-gaap:ProductMember    
[1] The net sales by geography is derived from the location of the entity that sells to a third party.