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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net sales $ 1,438.3 $ 1,283.3 $ 2,874.5 $ 2,708.4
Cost of goods sold 1,264.8 1,093.3 2,514.2 2,291.3
Gross profit 173.5 190.0 360.3 417.1
Selling, general and administrative expenses 84.8 86.2 170.9 176.2
Amortization of intangible assets 21.4 21.4 42.9 42.9
Restructuring and acquisition-related costs 9.6 15.9 18.5 33.4
Loss on sale of business 0.0 0.1 0.0 2.7
Operating income 57.7 66.4 128.0 161.9
Interest expense (42.7) (49.9) (87.4) (101.0)
Interest income 3.2 2.6 6.2 5.5
Debt refinancing and redemption costs (0.2) (1.3) (5.8) (2.4)
Gain on bargain purchase of business 11.6 0.0 11.6 0.0
Unrealized loss on equity securities (3.7) 0.0 (21.7) 0.0
Other income (expense), net (2.4) 0.6 (3.4) 1.8
Income before income taxes 23.5 18.4 27.5 65.8
Income tax expense 0.6 2.4 3.6 11.2
Net income $ 22.9 $ 16.0 $ 23.9 $ 54.6
Basic earnings per share $ 0.19 $ 0.13 $ 0.20 $ 0.46
Diluted earnings per share $ 0.19 $ 0.13 $ 0.20 $ 0.46