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STATEMENTS OF CONSOLIDATED INCOME (LOSS) (UNAUDITED) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net sales $ 814.1 $ 954.2 $ 1,621.7 $ 1,903.0
Costs and expenses:        
Cost of products sold, excluding depreciation and amortization 718.4 898.4 1,449.5 1,764.3
Depreciation and amortization 26.4 27.1 52.7 54.6
Selling, general, administrative, research and development 32.2 27.5 61.9 57.7
Restructuring costs 1.2   2.6  
Other operating charges, net   3.2   3.2
Total costs and expenses 778.2 956.2 1,566.7 1,879.8
Operating income (loss) 35.9 (2.0) 55.0 23.2
Other (expense) income:        
Interest expense (12.1) (12.2) (24.0) (24.4)
Other (expense) income, net Note 9 (2.5) (3.7) 11.1 (5.3)
Income (loss) before income taxes 21.3 (17.9) 42.1 (6.5)
Income tax (provision) benefit (3.0) 4.1 (7.9) 0.8
Net income (loss) $ 18.3 $ (13.8) $ 34.2 $ (5.7)
Net income (loss) per common share:        
Basic $ 1.14 $ (0.87) $ 2.14 $ (0.36)
Diluted $ 1.14 $ (0.87) $ 2.12 $ (0.36)
Weighted-average number of common shares outstanding (in thousands):        
Basic 15,974 15,899 15,957 15,883
Diluted 16,083 15,899 16,090 15,883