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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net sales $ 1,570.7 $ 1,438.3 $ 3,064.6 $ 2,874.5
Cost of goods sold 1,392.5 1,264.8 2,725.8 2,514.2
Gross profit 178.2 173.5 338.8 360.3
Selling, general and administrative expenses 91.1 84.8 189.4 170.9
Amortization of intangible assets 21.4 21.4 42.8 42.9
Restructuring and acquisition-related costs 7.9 9.6 12.7 18.5
Operating income 57.8 57.7 93.9 128.0
Interest expense (50.2) (42.7) (100.7) (87.4)
Interest income 5.9 3.2 11.8 6.2
Debt refinancing and redemption costs 0.0 (0.2) 0.0 (5.8)
Gain on bargain purchase of business 0.0 11.6 0.0 11.6
Unrealized gain (loss) on equity securities 0.3 (3.7) 0.0 (21.7)
Other income (expense), net (0.5) (2.4) 3.2 (3.4)
Income before income taxes 13.3 23.5 8.2 27.5
Income tax expense 5.3 0.6 5.3 3.6
Net income $ 8.0 $ 22.9 $ 2.9 $ 23.9
Basic earnings per share $ 0.07 $ 0.19 $ 0.02 $ 0.20
Diluted earnings per share $ 0.07 $ 0.19 $ 0.02 $ 0.20