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Condensed Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Sales $ 2,321.7 $ 2,340.1 $ 7,399.2 $ 6,480.2
Operating expenses:        
Cost of goods sold 1,840.9 1,679.8 5,599.8 4,815.8
Selling and administration 92.7 107.2 296.0 314.7
Restructuring charges 7.6 3.6 14.3 24.5
Other operating income (expense) 13.0 (0.5) 16.3 0.0
Operating income 393.5 549.0 1,505.4 1,325.2
Interest expense 36.0 54.0 103.4 204.4
Interest income 0.5 0.1 1.2 0.2
Non-operating pension income (9.9) (9.2) (29.0) (26.7)
Income before taxes 367.9 504.3 1,432.2 1,147.7
Income tax provision 52.7 113.6 301.9 157.6
Net income $ 315.2 $ 390.7 $ 1,130.3 $ 990.1
Net income per common share:        
Basic $ 2.23 $ 2.44 $ 7.62 $ 6.21
Diluted $ 2.18 $ 2.38 $ 7.44 $ 6.07
Average common shares outstanding:        
Basic 141.2 160.1 148.3 159.4
Diluted 144.3 163.9 151.9 163.0