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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net sales [1] $ 4,138.7 $ 4,088.2 $ 3,869.9
Cost of sales 2,722.5 2,593.3 2,436.2
Gross profit 1,416.2 1,494.9 1,433.7
Operating expenses      
Distribution 93.0 85.1 82.0
Research and development 122.0 121.7 119.2
Selling 536.4 545.5 538.7
Administration 482.0 478.5 476.5
Impairment charges 173.1 0.0 13.8
Restructuring 16.9 3.2 25.9
Other operating expense (income) (417.6) (4.3) 2.9
Total operating expenses 1,005.8 1,229.7 1,259.0
Operating income 410.4 265.2 174.7
Change in financial assets 0.0 95.3 (22.1)
Interest expense, net 125.0 127.7 117.5
Other (income) expense, net 26.7 16.3 (68.9)
Loss on extinguishment of debt 0.0 20.0 0.2
Income from continuing operations before income taxes 258.7 5.9 148.0
Income tax expense (benefit) 389.6 (38.3) (10.7)
Income (loss) from continuing operations (130.9) 44.2 158.7
Income (loss) from discontinued operations, net of tax 62.0 (206.8) (12.6)
Net income (loss) $ (68.9) $ (162.6) $ 146.1
Basic      
Continuing operations (in dollars per share) $ (0.98) $ 0.32 $ 1.16
Discontinued operations (in dollars per share) 0.46 (1.52) (0.09)
Basic (in dollars per share) (0.52) (1.20) 1.07
Diluted      
Continuing operations (in dollars per share) (0.98) 0.32 1.16
Discontinued operations (in dollars per share) 0.46 (1.51) (0.09)
Diluted (in dollars per share) $ (0.52) $ (1.19) $ 1.07
Weighted-average shares outstanding      
Basic (in shares) 133.6 136.1 136.0
Diluted (in shares) 133.6 137.2 136.5
[1] The net sales by geography is derived from the location of the entity that sells to a third party.