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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]      
Net sales $ 2,355.7 $ 2,189.1 $ 1,973.3
Cost of sales 1,715.3 1,608.3 1,421.5
Gross margin 640.4 580.8 551.8
Selling, general and administrative expenses 158.7 146.0 151.8
Research and technology expenses 56.5 55.9 49.4
Other operating expense   7.7  
Operating income 425.2 371.2 350.6
Interest expense, net 45.5 37.7 27.4
Income before income taxes, and equity in earnings of affiliated companies 379.7 333.5 323.2
Provision for income taxes 76.8 62.5 42.5
Income before equity in earnings of affiliated companies 302.9 271.0 280.7
Equity in earnings from affiliated companies 3.7 5.6 3.3
Net income $ 306.6 $ 276.6 $ 284.0
Basic net income per common share: $ 3.61 $ 3.15 $ 3.13
Diluted net income per common share: $ 3.57 $ 3.11 $ 3.09
Weighted-average common shares:      
Basic 84.9 87.9 90.6
Diluted 85.8 89.0 91.9