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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Net sales $ 1,505.3 $ 1,504.9 $ 4,452.8 $ 4,744.1
Cost of goods sold 1,316.3 1,333.6 3,889.2 4,157.0
Gross profit 189.0 171.3 563.6 587.1
Selling, general and administrative expenses 98.8 94.6 290.5 298.1
Amortization of intangible assets 20.4 20.8 61.4 62.1
Impairment charges 0.0 12.0 8.0 12.0
Restructuring and acquisition-related costs 21.4 2.2 57.6 9.7
Operating income 48.4 41.7 146.1 205.2
Interest expense (42.7) (45.2) (128.7) (142.1)
Interest income 7.0 7.1 18.2 21.5
Debt refinancing and redemption costs 0.0 (0.2) (3.3) (0.5)
Gain (loss) on Business Combination Derivative (16.0) 0.0 52.2 0.0
Loss on equity securities 0.0 0.0 0.0 (0.1)
Other income (expense), net 1.6 (5.5) 2.3 (14.3)
Income (loss) before income taxes (1.7) (2.1) 86.8 69.7
Income tax expense (benefit) (10.9) (12.1) 31.2 21.0
Net income $ 9.2 $ 10.0 $ 55.6 $ 48.7
Basic earnings per share $ 0.07 $ 0.08 $ 0.45 $ 0.40
Diluted earnings per share $ 0.07 $ 0.08 $ 0.45 $ 0.40