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Condensed Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Sales $ 2,461.4 $ 1,918.8
Operating expenses:    
Cost of goods sold 1,807.5 1,423.8
Selling and administration 104.3 106.9
Restructuring charges 3.1 6.9
Operating income 546.5 381.2
Interest expense 32.9 84.5
Interest income 0.4 0.1
Non-operating pension income (9.6) (9.3)
Income before taxes 523.6 306.1
Income tax provision 130.6 62.5
Net income $ 393.0 $ 243.6
Net income per common share:    
Basic $ 2.54 $ 1.54
Diluted $ 2.48 $ 1.51
Average common shares outstanding:    
Basic 154.7 158.6
Diluted 158.6 160.8