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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Net sales $ 540.5 $ 491.5 $ 1,628.1 $ 1,461.6
Cost of sales 397.5 355.9 1,197.7 1,052.0
Gross margin 143.0 135.6 430.4 409.6
Selling, general and administrative expenses 32.6 34.7 114.3 115.7
Research and technology expenses 13.9 11.8 40.7 36.5
Operating income 96.5 89.1 275.4 257.4
Interest expense, net 10.6 7.0 27.3 20.0
Income before income taxes, and equity in earnings from affiliated companies 85.9 82.1 248.1 237.4
Provision for income taxes 7.8 13.6 41.9 44.3
Income before equity in earnings from affiliated companies 78.1 68.5 206.2 193.1
Equity in earnings from affiliated companies 2.0 1.2 4.3 2.8
Net income $ 80.1 $ 69.7 $ 210.5 $ 195.9
Basic net income per common share $ 0.92 $ 0.77 $ 2.37 $ 2.16
Diluted net income per common share 0.91 0.76 2.35 2.13
Dividends per share $ 0.15 $ 0.125 $ 0.40 $ 0.345
Weighted-average common shares:        
Basic 87.0 90.1 88.6 90.7
Diluted 88.1 91.4 89.7 92.1