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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Net sales $ 491.3 $ 522.6 $ 970.1 $ 1,020.3
Cost of sales 351.4 372.3 696.1 727.0
Gross margin 139.9 150.3 274.0 293.3
Selling, general and administrative expenses 38.1 38.6 81.0 86.0
Research and technology expenses 12.1 11.6 24.7 23.3
Operating income 89.7 100.1 168.3 184.0
Interest expense, net 6.8 5.7 13.0 11.3
Non-operating expense   0.4   0.4
Income before income taxes, and equity in earnings from affiliated companies 82.9 94.0 155.3 172.3
Provision for income taxes 22.1 28.7 30.7 51.4
Income before equity in earnings from affiliated companies 60.8 65.3 124.6 120.9
Equity in earnings from affiliated companies 0.8 0.8 1.6 1.2
Net income $ 61.6 $ 66.1 $ 126.2 $ 122.1
Basic net income per common share $ 0.68 $ 0.71 $ 1.39 $ 1.31
Diluted net income per common share 0.67 0.70 1.37 1.29
Dividends per share $ 0.11 $ 0.10 $ 0.22 $ 0.21
Weighted-average common shares:        
Basic 90.7 93.1 91.1 93.3
Diluted 92.0 94.6 92.4 94.7