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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Net sales:      
Total net sales $ 7,556.1 $ 8,200.0 $ 4,363.5
Cost of sales:      
Total cost of sales (5,419.0) (5,922.0) (3,129.6)
Gross profit 2,137.1 2,278.0 1,233.9
Operating expenses:      
Selling, general and administrative expenses (948.1) (1,166.6) (633.2)
Engineering expenses (162.1) (209.9) (87.5)
Amortization expense (282.4) (238.4) (39.8)
Total operating expenses (1,392.6) (1,614.9) (760.5)
Income from operations 744.5 663.1 473.4
Other income and expenses:      
Interest expense, net (198.9) (219.1) (112.2)
Other income (expense), net 11.6 2.8 6.4
Income before income taxes 557.2 446.8 367.6
Income tax expense (144.9) (120.3) (75.9)
Net income 412.3 326.5 291.7
Less: Net loss attributable to noncontrolling interest 2.1 0.2 3.2
Net income attributable to Wabtec shareholders $ 414.4 $ 326.7 $ 294.9
Basic      
Net income attributable to Wabtec shareholders (in dollars per share) $ 2.18 $ 1.91 $ 3.06
Diluted      
Net income attributable to Wabtec shareholders (in dollars per share) $ 2.17 $ 1.84 $ 3.05
Weighted average shares outstanding      
Basic (in shares) 189.9 170.5 96.0
Diluted (in shares) 190.4 177.3 96.5
Product      
Net sales:      
Total net sales $ 6,233.3 $ 6,907.9 $ 4,178.0
Cost of sales:      
Total cost of sales (4,629.4) (5,128.4) (2,973.5)
Services      
Net sales:      
Total net sales 1,322.8 1,292.1 185.5
Cost of sales:      
Total cost of sales $ (789.6) $ (793.6) $ (156.1)