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Consolidated Statements of Income and Comprehensive Income - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net sales $ 6,658,200,000 $ 6,964,300,000 $ 7,014,600,000
Cost of sales (5,288,800,000) (5,320,300,000) (5,369,300,000)
Gross profit 1,369,400,000 1,644,000,000.0 1,645,300,000
Selling and administrative expenses (539,600,000) (557,600,000) (536,400,000)
Goodwill impairment (55,200,000)    
Other expense, net (50,700,000) (32,700,000) (41,200,000)
Income from operations 723,900,000 1,053,700,000 1,067,700,000
Non-operating pension income (expense) 2,300,000 (7,900,000) (2,100,000)
Interest expense, net (93,500,000) (128,800,000) (95,100,000)
Income before taxes 632,700,000 917,000,000.0 970,500,000
Provision for income taxes (171,700,000) (220,600,000) (232,500,000)
Net income $ 461,000,000.0 $ 696,400,000 $ 738,000,000.0
Net income per common share:      
Basic $ 4.86 $ 7.36 $ 7.82
Diluted 4.84 7.34 7.80
Dividends declared per common share $ 3.37 $ 3.16 $ 3.00
Statements of Comprehensive Income:      
Net income $ 461,000,000.0 $ 696,400,000 $ 738,000,000.0
Foreign currency translation adjustment     (100,000)
Reclassification adjustments to cash flow hedges included in net income, net of tax of $0.0 million, $7.9 million, and $1.3 million for 2020, 2019, and 2018, respectively   10,200,000 4,000,000.0
Changes in unrealized gains on marketable debt securities, net of tax of $0.1 million, $0.0 million, and $0.0 million for 2020, 2019, and 2018, respectively 300,000    
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $3.6 million, $3.2 million, and $4.0 million for 2020, 2019, and 2018, respectively 10,700,000 9,600,000 11,800,000
Changes in unfunded employee benefit obligations, net of tax of ($1.3) million, $13.6 million, and ($0.8) million for 2020, 2019, and 2018, respectively 4,000,000.0 (40,500,000) 2,400,000
Other comprehensive income (loss) 15,000,000.0 (20,700,000) 18,100,000
Comprehensive income $ 476,000,000.0 $ 675,700,000 $ 756,100,000