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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net sales $ 1,008.8 $ 1,055.1 $ 3,119.9 $ 3,118.9
Cost of goods sold 637.0 707.0 1,966.8 2,079.1
Gross profit 371.8 348.1 1,153.1 1,039.8
Selling, general and administrative expenses 166.2 177.3 504.6 487.0
Research and development expenses 25.5 23.7 76.3 69.1
Operating income 180.1 147.1 572.2 483.7
Other (income) expense        
Gain on sale of businesses 0.0 (0.2) 0.0 (0.2)
Net interest expense 27.5 19.3 91.7 34.2
Other (income) expense (0.3) 0.3 (4.4) 0.5
Income from continuing operations before income taxes 152.9 127.7 484.9 449.2
Provision for income taxes 20.8 12.3 70.1 62.3
Net income from continuing operations 132.1 115.4 414.8 386.9
Loss from discontinued operations, net of tax 0.0 0.0 (0.1) (1.0)
Net income 132.1 115.4 414.7 385.9
Comprehensive income, net of tax        
Net income 132.1 115.4 414.7 385.9
Changes in cumulative translation adjustment (24.0) (59.0) (14.1) (113.2)
Changes in market value of derivative financial instruments, net of tax 18.5 45.5 11.0 83.5
Comprehensive income $ 126.6 $ 101.9 $ 411.6 $ 356.2
Earnings (loss) Per Share, Basic        
Continuing operations (in dollars per share) $ 0.80 $ 0.70 $ 2.51 $ 2.35
Discontinued operations (in dollars per share) 0 0 0 (0.01)
Basic earnings per ordinary share (in dollars per share) 0.80 0.70 2.51 2.34
Earnings (loss) Per Share, Diluted        
Continuing operations (in dollars per share) 0.79 0.70 2.50 2.33
Discontinued operations (in dollars per share) 0 0 0 (0.01)
Diluted earnings per ordinary share (in dollars per share) $ 0.79 $ 0.70 $ 2.50 $ 2.32
Weighted average ordinary shares outstanding        
Basic (shares) 165.2 164.5 165.0 164.8
Diluted (shares) 166.6 165.2 166.2 165.8