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Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Net sales $ 1,504.9 $ 1,551.9 $ 4,744.1 $ 4,616.5
Cost of goods sold 1,333.6 1,421.3 4,157.0 4,147.1
Gross profit 171.3 130.6 587.1 469.4
Selling, general and administrative expenses 94.6 81.8 298.1 271.2
Amortization of intangible assets 20.8 21.4 62.1 64.2
Impairment charge 12.0 0.0 12.0 0.0
Restructuring and acquisition-related costs 2.2 3.5 9.7 16.2
Operating income 41.7 23.9 205.2 117.8
Interest expense (45.2) (50.8) (142.1) (151.5)
Interest income 7.1 7.1 21.5 18.9
Debt refinancing and redemption costs (0.2) (0.3) (0.5) (0.3)
Loss on equity securities 0.0 (1.2) (0.1) (1.2)
Other income (expense), net (5.5) 1.9 (14.3) 5.1
Income (loss) before income taxes (2.1) (19.4) 69.7 (11.2)
Income tax expense (benefit) (12.1) (2.0) 21.0 3.3
Net income (loss) $ 10.0 $ (17.4) $ 48.7 $ (14.5)
Basic earnings (loss) per share $ 0.08 $ (0.15) $ 0.40 $ (0.12)
Diluted earnings (loss) per share $ 0.08 $ (0.15) $ 0.40 $ (0.12)