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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Activities      
Net earnings (loss) $ (136,800,000) $ 309,900,000 $ 402,600,000
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation 108,900,000 110,200,000 116,500,000
Amortization of intangibles and supply agreements 71,000,000.0 69,600,000 70,800,000
Long-lived asset impairment 443,700,000 0 0
(Decrease) increase in provision for losses on accounts and notes receivable (6,500,000) 3,200,000 (3,400,000)
Writedown of inventories 9,000,000.0 17,100,000 13,700,000
Net gain from disposal of assets and businesses (20,100,000) (2,500,000) (29,400,000)
Deferred income tax benefit (129,200,000) (15,700,000) (8,500,000)
Stock-based compensation 27,600,000 30,100,000 34,200,000
Other, net 13,600,000 (2,500,000) 12,400,000
Changes in working capital, excluding effects from acquisitions and divestitures:      
Accounts and other receivables 48,600,000 (26,600,000) (75,000,000.0)
Inventories 86,500,000 96,100,000 (305,000,000.0)
Other current assets 4,000,000.0 (3,700,000) (6,700,000)
Accounts payable 13,700,000 (102,100,000) 63,500,000
Accrued expenses and other current liabilities (36,800,000) (41,700,000) (14,400,000)
Net Cash Provided by Operating Activities 497,200,000 441,400,000 271,300,000
Investing Activities      
Additions to property, plant and equipment (113,800,000) (100,300,000) (106,600,000)
Purchases of companies, net of cash acquired 0 (83,300,000) (152,600,000)
Proceeds from sales of assets and businesses 23,400,000 4,200,000 38,500,000
Other, net (900,000) (1,800,000) (5,500,000)
Net Cash Used for Investing Activities (91,300,000) (181,200,000) (226,200,000)
Financing Activities      
Additions to long-term debt 700,000 4,700,000 492,800,000
Payments on long-term debt (2,000,000.0) (301,500,000) (306,600,000)
Change in commercial paper and short-term debt (105,800,000)   (1,300,000)
Change in commercial paper and short-term debt   301,800,000  
Dividends paid (239,400,000) (229,200,000) (218,300,000)
Issuances of common stock 0 0 3,500,000
Purchases of common stock (6,000,000.0) (60,300,000) (9,800,000)
Proceeds from interest rate treasury lock 0 0 10,200,000
Other, net (6,300,000) (1,700,000) (3,300,000)
Net Cash Used for Financing Activities (358,800,000) (286,200,000) (32,800,000)
Effect of Exchange Rate Changes on Cash 1,900,000 (19,200,000) 500,000
Increase (Decrease) in Cash and Cash Equivalents 49,000,000.0 (45,200,000) 12,800,000
Cash and Cash Equivalents—Beginning of Year 316,500,000 361,700,000 348,900,000
Cash and Cash Equivalents—End of Year 365,500,000 316,500,000 361,700,000
Supplemental Information      
Interest paid (net of amounts capitalized) 85,800,000 84,000,000.0 66,600,000
Income taxes paid 98,800,000 125,200,000 126,800,000
Property, plant and equipment acquired through finance leases 1,400,000 1,400,000 1,900,000
Capital expenditures in accounts payable 3,200,000 3,600,000 4,300,000
Prepaid income taxes and taxes receivable applied against the deemed repatriation tax liability $ 9,500,000 $ 6,100,000 $ 4,000,000.0