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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Net sales $ 1,233.1 $ 1,106.6 $ 936.9
Cost of goods sold 784.0 701.0 603.8
Gross profit 449.1 405.6 333.1
Selling, general and administrative expenses 237.0 237.4 163.2
Loss (gain) related to change in fair value of contingent consideration 11.0 (4.1) 0.1
(Gain) related to sale of fixed and intangible assets 0.0 0.0 (21.0)
Equity (earnings) from joint venture (77.6) (87.7) (64.0)
Operating income 278.7 260.0 254.8
Interest expense 27.1 22.9 24.1
Other non-operating (income) expense, net (6.0) (5.6) 357.4
Earnings (loss) from continuing operations before income taxes 257.6 242.7 (126.7)
Income tax expense (benefit) 57.7 57.4 (42.6)
Earnings (loss) from continuing operations 199.9 185.3 (84.1)
Gain (loss) from disposal of discontinued businesses, net of tax (benefit) expense of ($3.0), $1.7 and ($1.4) 3.0 (2.1) (15.0)
Net earnings (loss) from discontinued operations 3.0 (2.1) (15.0)
Net earnings (loss) 202.9 183.2 (99.1)
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustments (1.8) 0.0 (7.1)
Derivative gain (loss), net 18.6 9.9 (10.5)
Pension and postretirement adjustments, after-tax amount (7.3) (10.2) 284.4
Total other comprehensive income (loss) 9.5 (0.3) 266.8
Total comprehensive income $ 212.4 $ 182.9 $ 167.7
Earnings (loss) per share of common stock, continuing operations:      
Basic $ 4.31 $ 3.88 $ (1.76)
Diluted 4.30 3.86 (1.76)
Earnings (loss) per share of common stock, discontinued operations      
Basic 0.07 (0.04) (0.31)
Diluted 0.07 (0.04) (0.31)
Net earnings (loss) per share of common stock      
Basic 4.38 3.84 (2.07)
Diluted $ 4.37 $ 3.82 $ (2.07)
Average number of common shares outstanding:      
Basic 46.3 47.6 47.9
Diluted 46.4 47.9 47.9