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CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Net sales $ 1,024.6 $ 1,098.8 $ 3,468.1 $ 3,468.4
Cost of goods sold (815.0) (858.7) (2,748.9) (2,721.1)
Gross profit 209.6 240.1 719.2 747.3
Selling, general and administrative expenses (123.2) (135.9) (407.1) (416.4)
Income (loss) from operations 86.4 104.2 312.1 330.9
Other income (expense)        
Interest income 1.9 1.7 5.4 7.0
Interest expense (22.0) (18.4) (69.6) (52.5)
Other income (expense) – net 1.6 (3.7) (2.9) (4.1)
Income (loss) from continuing operations before income taxes 67.9 83.8 245.0 281.3
(Provision for) benefit from income taxes (15.5) (14.6) (53.8) (59.2)
Income (loss) from continuing operations 52.4 69.2 191.2 222.1
Income (loss) from discontinued operations – net of tax (10.1) (30.8) (151.8) (80.2)
Gain (loss) on disposition of discontinued operations – net of tax (20.9) 0.2 (9.5) 4.8
Net income (loss) $ 21.4 $ 38.6 $ 29.9 $ 146.7
Basic earnings (loss) per share:        
Income (loss) from continuing operations $ 0.73 $ 0.94 $ 2.69 $ 2.91
Income (loss) from discontinued operations – net of tax (0.14) (0.42) (2.14) (1.05)
Gain (loss) on disposition of discontinued operations – net of tax (0.29) 0 (0.13) 0.06
Net income (loss) 0.30 0.52 0.42 1.92
Diluted earnings (loss) per share:        
Income (loss) from continuing operations 0.73 0.92 2.66 2.85
Income (loss) from discontinued operations – net of tax (0.14) (0.41) (2.11) (1.03)
Gain (loss) on disposition of discontinued operations – net of tax (0.29) 0 (0.13) 0.06
Net income (loss) $ 0.30 $ 0.51 $ 0.42 $ 1.88
Weighted average number of shares outstanding in per share calculation        
Basic (in shares) 71.3 73.7 71.0 76.3
Diluted (in shares) 71.8 75.1 71.8 77.9
Comprehensive income (loss) $ 8.4 $ 22.5 $ 14.4 $ 81.9