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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Net sales $ 572.5 $ 540.5 $ 1,791.4 $ 1,628.1
Cost of sales 414.6 397.5 1,297.5 1,197.7
Gross margin 157.9 143.0 493.9 430.4
Selling, general and administrative expenses 33.8 32.6 122.8 114.3
Research and technology expenses 14.2 13.9 43.3 40.7
Operating income 109.9 96.5 327.8 275.4
Interest expense, net 11.0 10.6 34.9 27.3
Income before income taxes, and equity in earnings/(loss) from affiliated companies 98.9 85.9 292.9 248.1
Provision for income taxes 18.2 7.8 62.4 41.9
Income before equity in earnings/(loss) from affiliated companies 80.7 78.1 230.5 206.2
Equity in earnings/(loss) from affiliated companies (0.4) 2.0 2.9 4.3
Net income $ 80.3 $ 80.1 $ 233.4 $ 210.5
Basic net income per common share $ 0.94 $ 0.92 $ 2.74 $ 2.37
Diluted net income per common share 0.93 0.91 2.71 2.35
Dividends per share $ 0.17 $ 0.15 $ 0.47 $ 0.40
Weighted-average common shares:        
Basic 85.1 87.0 85.1 88.6
Diluted 86.1 88.1 86.1 89.7