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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Net sales $ 491.5 $ 500.5 $ 1,461.6 $ 1,520.8
Cost of sales 355.9 364.8 1,052.0 1,091.8
Gross margin 135.6 135.7 409.6 429.0
Selling, general and administrative expenses 34.7 35.1 115.7 121.1
Research and technology expenses 11.8 11.5 36.5 34.8
Operating income 89.1 89.1 257.4 273.1
Interest expense, net 7.0 5.5 20.0 16.8
Non-operating expense       0.4
Income before income taxes, and equity in earnings from affiliated companies 82.1 83.6 237.4 255.9
Provision for income taxes 13.6 16.1 44.3 67.5
Income before equity in earnings from affiliated companies 68.5 67.5 193.1 188.4
Equity in earnings from affiliated companies 1.2 0.7 2.8 1.9
Net income $ 69.7 $ 68.2 $ 195.9 $ 190.3
Basic net income per common share $ 0.77 $ 0.74 $ 2.16 $ 2.04
Diluted net income per common share 0.76 0.72 2.13 2.01
Dividends per share $ 0.125 $ 0.11 $ 0.345 $ 0.32
Weighted-average common shares:        
Basic 90.1 92.7 90.7 93.1
Diluted 91.4 94.1 92.1 94.6