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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income    
Revenues $ 1,496.3 $ 940.9
Cost of goods sold 1,005.4 696.0
Selling and administrative expenses 203.0 150.8
Research and development expenses 12.3 10.4
Other operating income, net (1.7) (1.0)
Operating income 277.3 84.7
Interest expense, net 22.6 19.2
Interest income (0.2) (0.5)
Other non-operating expense, net 0.1 3.6
Income from continuing operations before income taxes 254.8 62.4
Provision for income taxes 60.5 13.3
Income from continuing operations 194.3 49.1
Discontinued operations:    
(Loss) income before income taxes (0.7) 4.5
Provision for income taxes 0.0 1.4
(Loss) income from discontinued operations (0.7) 3.1
Net income $ 193.6 $ 52.2
Basic earnings per share attributable to common shares:    
Income from continuing operations (in dollars per share) $ 3.72 $ 0.92
(Loss) income from discontinued operations (in dollars per share) (0.01) 0.06
Basic earnings per share (in dollars per share) 3.71 0.98
Income from continuing operations (in dollars per share) 3.67 0.91
(Loss) income from discontinued operations (in dollars per share) (0.01) 0.06
Diluted earnings per share (in dollars per share) $ 3.66 $ 0.97
Average shares outstanding:    
Basic (in shares) 52.1 53.0
Diluted (in shares) 52.9 53.6
Comprehensive income:    
Net income $ 193.6 $ 52.2
Other comprehensive income (loss):    
Foreign currency gains (losses) 3.5 (13.3)
Amortization of unrecognized net periodic benefit costs, net of tax 1.0 1.2
Other, net of tax (0.7) (2.0)
Other comprehensive income (loss) 3.8 (14.1)
Comprehensive income $ 197.4 $ 38.1