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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net sales $ 1,411.3 $ 1,606.9
Cost of goods sold 1,237.4 1,408.4
Gross profit 173.9 198.5
Selling, general and administrative expenses 90.9 98.3
Amortization of intangible assets 20.6 20.7
Restructuring and acquisition-related costs 19.7 2.5
Operating income 42.7 77.0
Interest expense (42.9) (49.0)
Interest income 5.6 8.3
Debt refinancing and redemption costs (3.3) 0.0
Gain on Business Combination Derivative 21.9 0.0
Gain on equity securities 0.0 0.1
Other expense, net (2.9) 0.0
Income before income taxes 21.1 36.4
Income tax expense 14.0 15.9
Net income $ 7.1 $ 20.5
Basic earnings per share $ 0.06 $ 0.17
Diluted earnings per share $ 0.06 $ 0.17