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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Net sales $ 1,454.3 $ 1,468.4 $ 2,880.0 $ 2,899.7
Cost of sales (1,130.6) (1,157.6) (2,279.3) (2,287.5)
Gross profit 323.7 310.8 600.7 612.2
Selling, general, and administrative expenses (121.9) (122.9) (239.2) (239.3)
Other expense, net (4.2) (7.7) (6.8) (31.7)
Income from operations 197.6 180.2 354.7 341.2
Interest expense, net (22.2) (21.4) (41.4) (42.2)
Income before taxes 175.4 158.8 313.3 299.0
Income tax provision (61.4) (59.2) (108.5) (109.4)
Net income $ 114.0 $ 99.6 $ 204.8 $ 189.6
Net income per common share:        
Basic (in dollars per share) $ 1.16 $ 1.01 $ 2.09 $ 1.93
Diluted (in dollars per share) 1.16 1.01 2.08 1.93
Dividends declared per common share $ 0.55 $ 0.40 $ 1.10 $ 0.80
Statements of Comprehensive Income:        
Net income $ 114.0 $ 99.6 $ 204.8 $ 189.6
Foreign currency translation adjustment 4.2 (0.1) 2.8 (0.1)
Reclassification adjustments to cash flow hedges included in net income, net of tax of $0.5 million, $0.5 million, $1.1 million, and $1.1 million 0.9 0.9 1.7 1.7
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $1.4 million, $0.7 million, $2.8 million, and $1.5 million 2.2 1.1 4.4 2.1
Other comprehensive income 7.3 1.9 8.9 3.7
Comprehensive income $ 121.3 $ 101.5 $ 213.7 $ 193.3