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Condensed Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Sales $ 2,221.3 $ 1,241.2 $ 4,140.1 $ 2,666.3
Operating expenses:        
Cost of goods sold 1,712.2 1,235.7 3,136.0 2,609.9
Selling and administration 100.6 99.7 207.5 196.4
Restructuring charges 14.0 1.7 20.9 3.4
Other operating income 0.5 0.1 0.5 0.1
Operating income (loss) 395.0 (95.8) 776.2 (143.3)
Interest expense 65.9 69.4 150.4 132.5
Interest income 0.0 0.2 0.1 0.3
Non-operating pension income (8.2) (4.9) (17.5) (9.5)
Income (loss) before taxes 337.3 (160.1) 643.4 (266.0)
Income tax (benefit) provision (18.5) (40.0) 44.0 (65.9)
Net income (loss) $ 355.8 $ (120.1) $ 599.4 $ (200.1)
Net income (loss) per common share:        
Basic $ 2.23 $ (0.76) $ 3.77 $ (1.27)
Diluted $ 2.17 $ (0.76) $ 3.69 $ (1.27)
Average common shares outstanding:        
Basic 159.9 157.9 159.2 157.8
Diluted 163.8 157.9 162.3 157.8