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Condensed Consolidated Statements Of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Net sales $ 472.2 $ 469.2 $ 1,229.3 $ 1,261.4
Cost of products sold 320.3 328.1 858.5 886.5
Gross profit 151.9 141.1 370.8 374.9
Operating costs and expenses:        
Advertising, selling, general and administrative expenses 84.2 82.6 247.2 259.3
Amortization of intangibles 5.4 5.9 16.9 18.7
Restructuring charges 0.5 2.3 1.6 17.9
Total operating costs and expenses 90.1 90.8 265.7 295.9
Operating income 61.8 [1] 50.3 [1] 105.1 [1] 79.0 [1]
Non-operating expense (income):        
Interest expense 12.5 13.9 37.0 45.3
Interest income (1.6) (1.4) (4.7) (3.6)
Equity in earnings of joint ventures (2.9) (3.3) (5.3) (5.9)
Other expense, net 0.2 0.1 0.3 9.6
Income from continuing operations before income tax 53.6 41.0 77.8 33.6
Income tax expense 19.4 14.6 30.1 6.6
Income from continuing operations 34.2 26.4 47.7 27.0
Loss from discontinued operations, net of income taxes 0 0 0 (0.1)
Net income $ 34.2 $ 26.4 $ 47.7 $ 26.9
Basic income per share:        
Income from continuing operations $ 0.30 $ 0.23 $ 0.42 $ 0.24
Loss from discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.00
Basic income per share $ 0.30 $ 0.23 $ 0.42 $ 0.24
Diluted income per share:        
Income from continuing operations $ 0.29 $ 0.23 $ 0.41 $ 0.23
Loss from discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.00
Diluted income per share $ 0.29 $ 0.23 $ 0.41 $ 0.23
Weighted average number of shares outstanding:        
Basic 114.4 113.6 114.2 113.5
Diluted 117.0 115.8 116.7 115.6
[1] Operating income as presented in the segment table above is defined as i) net sales; ii) less cost of products sold; iii) less advertising, selling, general and administrative expenses; iv) less amortization of intangibles; and v) less restructuring charges.