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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] $ 4,121.8 $ 3,764.8 $ 3,017.8
Cost of goods sold 2,757.2 2,445.6 1,960.2
Gross profit 1,364.6 1,319.2 1,057.6
Selling, general and administrative 677.1 596.4 520.5
Research and development 92.2 85.9 75.7
Operating income 595.3 636.9 461.4
Other (income) expense      
(Gain) loss on sale of businesses (0.2) (1.4) 0.1
Net interest expense 61.8 12.5 23.9
Other (income) expense (16.9) (1.0) 5.3
Income from continuing operations before income taxes 550.6 626.8 432.1
Provision for income taxes 67.4 70.8 75.0
Net income from continuing operations 483.2 556.0 357.1
(Loss) income from discontinued operations, net of tax (2.3) (3.0) 1.5
Net income 480.9 553.0 358.6
Comprehensive income, net of tax      
Net income 480.9 553.0 358.6
Changes in cumulative translation adjustment (56.4) (47.0) 49.0
Changes in market value of derivative financial instruments, net of tax 31.3 40.4 (29.8)
Comprehensive income $ 455.8 $ 546.4 $ 377.8
Earnings (loss) per ordinary share      
Continuing operations (USD per share) $ 2.93 $ 3.36 $ 2.14
Discontinued operations (USD per share) (0.01) (0.02) 0.01
Basic earnings per ordinary share (USD per share) 2.92 3.34 2.15
Continuing operations (USD per share) 2.92 3.32 2.13
Discontinued operations (USD per share) (0.02) (0.02) 0.01
Diluted earnings per ordinary share (USD per share) $ 2.90 $ 3.30 $ 2.14
Weighted average ordinary shares outstanding      
Basic (shares) 164.8 165.8 166.5
Diluted (shares) 165.6 167.5 167.4
[1] (1) One customer in the Consumer Solutions’ pool business represented approximately 20%, 20%, and 15% of our consolidated net sales in 2022, 2021 and 2020, respectively.