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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net sales $ 1,049.9 $ 969.2
Cost of goods sold 839.2 795.2
Gross profit 210.7 174.0
Selling, general and administrative expenses 82.8 75.6
Restructuring and acquisition-related costs 16.0 0.0
Operating income 111.9 98.4
Interest expense (25.5) (23.6)
Investment income 0.6 0.6
Other income (expense), net (1.1) 1.0
Income before income taxes 85.9 76.4
Income tax expense 7.5 15.3
Net income $ 78.4 $ 61.1
Basic earnings per share $ 1.00 $ 0.78
Diluted earnings per share $ 0.99 $ 0.78