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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 677.9 $ 841.6 $ 1,475.7 $ 1,673.3
Operating costs and expenses:        
Cost of sales 451.7 535.0 962.5 1,063.0
Selling, general and administrative 169.6 179.8 364.0 365.8
Acquisition-related and integration charges 2.3 2.4 7.5 3.5
Restructuring charges, net 23.8 1.6 22.6 4.5
Operating profit 30.5 122.8 119.1 236.5
Other income (expense):        
Interest income 0.3 0.7 0.7 1.3
Interest expense (14.4) (11.4) (26.9) (23.3)
Miscellaneous income, net 2.5 6.4 6.3 8.4
Nonoperating income (expense), total (11.6) (4.3) (19.9) (13.6)
Income before income taxes 18.9 118.5 99.2 222.9
Provision for income taxes 4.1 27.5 21.6 49.4
Net income before allocation to noncontrolling interests 14.8 91.0 77.6 173.5
Less: Noncontrolling interest in subsidiaries’ earnings 0.0 0.0 0.0 0.1
Net income attributable to common shareholders $ 14.8 $ 91.0 $ 77.6 $ 173.4
Earnings per share:        
Basic (in dollars per share) $ 0.26 $ 1.52 $ 1.33 $ 2.90
Diluted (in dollars per share) $ 0.25 $ 1.50 $ 1.31 $ 2.85
Average shares outstanding:        
Average basic shares outstanding 58.0 59.9 58.5 59.8
Average diluted shares outstanding 58.5 60.8 59.1 60.8
Dividends per share (in dollars per share) $ 0.43 $ 0.39 $ 0.86 $ 0.78