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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 $ 2,936.9 $ 3,283.1 $ 3,345.5
Operating costs and expenses:      
Cost of sales 1,930.7 2,104.1 2,156.2
Selling, general and administrative 698.1 698.0 711.9
Asbestos provision, net 0.0 229.0 0.0
Environmental provision, net 0.0 18.9 0.0
Restructuring charges, net 32.3 17.5 7.2
Acquisition-related and integration charges 12.9 5.2 28.9
Operating profit 262.9 210.4 441.3
Other income (expense):      
Interest income 2.0 2.7 2.3
Interest expense (55.3) (46.8) (50.9)
Miscellaneous income, net 14.9 4.4 18.7
Total other income (expense) (38.4) (39.7) (29.9)
Income before income taxes 224.5 170.7 411.4
Provision for income taxes 43.4 37.1 75.9
Net income before allocation to noncontrolling interests 181.1 133.6 335.5
Less: Noncontrolling interest in subsidiaries’ earnings (loss) 0.1 0.3 (0.1)
Net income attributable to common shareholders $ 181.0 $ 133.3 $ 335.6
Earnings per share - basic:      
Basic earnings per share (in dollars per share) $ 3.10 $ 2.23 $ 5.63
Weighted average basic shares outstanding (in shares) 58.3 59.8 59.6
Earnings per share - diluted:      
Diluted earnings per share (in dollars per share) $ 3.08 $ 2.20 $ 5.50
Weighted average diluted shares outstanding (in shares) 58.8 60.6 61.0