XML 13 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net sales $ 1,183.5 $ 1,190.0
Cost of goods sold 761.2 758.7
Gross profit 422.3 431.3
Selling, general and administrative 253.9 250.1
Research and development 30.0 28.5
Operating income 138.4 152.7
Other (income) expense:    
Equity income of unconsolidated subsidiaries (0.2) (0.4)
Net interest expense 35.0 36.2
Income from continuing operations before income taxes 103.6 116.9
Provision for income taxes 22.9 25.1
Net income from continuing operations 80.7 91.8
Income from discontinued operations, net of tax 7.1 15.6
Net income 87.8 107.4
Comprehensive income, net of tax    
Net income 87.8 107.4
Changes in cumulative translation adjustment 75.7 28.0
Changes in market value of derivative financial instruments, net of tax of $0.0 and ($0.5), respectively 1.6 (14.7)
Comprehensive income $ 165.1 $ 120.7
Earnings per ordinary share    
Income (Loss) from Continuing Operations, Per Basic Share $ 0.44 $ 0.50
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0.04 0.09
Basic (USD per share) 0.48 0.59
Income (Loss) from Continuing Operations, Per Diluted Share 0.44 0.50
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share 0.04 0.09
Diluted (USD per share) $ 0.48 $ 0.59
Weighted average ordinary shares outstanding    
Basic (shares) 182.0 180.7
Diluted (shares) 184.0 182.4
Common Stock, Dividends, Per Share, Cash Paid $ 0.345 $ 0.33