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Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Net sales $ 1,551.9 $ 1,535.2 $ 4,616.5 $ 4,409.7
Cost of goods sold 1,421.3 1,357.8 4,147.1 3,872.0
Gross profit 130.6 177.4 469.4 537.7
Selling, general and administrative expenses 81.8 85.7 271.2 256.6
Amortization of intangible assets 21.4 21.5 64.2 64.4
Restructuring and acquisition-related costs 3.5 7.9 16.2 26.4
Operating income 23.9 62.3 117.8 190.3
Interest expense (50.8) (44.8) (151.5) (132.2)
Interest income 7.1 5.4 18.9 11.6
Debt refinancing and redemption costs (0.3) (0.2) (0.3) (6.0)
Gain on bargain purchase of business 0.0 1.4 0.0 13.0
Unrealized loss on equity securities (1.2) (2.3) (1.2) (24.0)
Other income (expense), net 1.9 (1.0) 5.1 (4.4)
Income (loss) before income taxes (19.4) 20.8 (11.2) 48.3
Income tax expense (benefit) (2.0) (5.7) 3.3 (2.1)
Net income (loss) $ (17.4) $ 26.5 $ (14.5) $ 50.4
Basic earnings (loss) per share $ (0.15) $ 0.22 $ (0.12) $ 0.42
Diluted earnings (loss) per share $ (0.15) $ 0.22 $ (0.12) $ 0.42