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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net sales [1] $ 3,017.8 $ 2,957.2 $ 2,965.1
Cost of goods sold 1,960.2 1,905.7 1,917.4
Gross profit 1,057.6 1,051.5 1,047.7
Selling, general and administrative 520.5 540.1 534.3
Research and development 75.7 78.9 76.7
Operating income 461.4 432.5 436.7
Other (income) expense      
Loss (gain) on sale of businesses 0.1 (2.2) 7.3
Loss on early extinguishment of debt 0.0 0.0 17.1
Net interest expense 23.9 30.1 32.6
Other expense (income) 5.3 (2.9) (0.1)
Income from continuing operations before income taxes 432.1 407.5 379.8
Provision for income taxes 75.0 45.8 58.1
Net income from continuing operations 357.1 361.7 321.7
Income (loss) from discontinued operations, net of tax 1.5 (6.0) 25.7
Net income 358.6 355.7 347.4
Comprehensive income, net of tax      
Net income 358.6 355.7 347.4
Changes in cumulative translation adjustment 49.0 (15.3) 10.0
Changes in market value of derivative financial instruments, net of tax (29.8) 17.4 4.8
Comprehensive income $ 377.8 $ 357.8 $ 362.2
Earnings (loss) per ordinary share      
Continuing operations (USD per share) $ 2.14 $ 2.14 $ 1.83
Discontinued operations (USD per share) 0.01 (0.04) 0.15
Basic earnings per ordinary share (USD per share) 2.15 2.10 1.98
Continuing operations (USD per share) 2.13 2.12 1.81
Discontinued operations (USD per share) 0.01 (0.03) 0.15
Diluted earnings per ordinary share (USD per share) $ 2.14 $ 2.09 $ 1.96
Weighted average ordinary shares outstanding      
Basic (shares) 166.5 169.4 175.8
Diluted (shares) 167.4 170.4 177.3
[1] (1) One customer in the Consumer Solutions segment, Pool Corporation, represented approximately 15% of our consolidated net sales in 2020, 2019 and 2018.