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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net sales $ 1,936.0 $ 2,125.9 $ 5,864.5 $ 6,499.6
Cost of sales (1,523.3) (1,607.5) (4,575.7) (4,859.3)
Gross profit 412.7 518.4 1,288.8 1,640.3
Selling, general and administrative expenses (144.2) (145.2) (438.1) (462.9)
Other expense, net (9.9) (12.9) (37.1) (44.7)
Income from operations 258.6 360.3 813.6 1,132.7
Non-operating pension (expense) income (1.8) 3.6 (5.8) 10.9
Interest expense, net (12.3) (16.5) (42.2) (55.3)
Income before taxes 244.5 347.4 765.6 1,088.3
Provision for income taxes (61.3) (84.9) (189.6) (270.1)
Net income $ 183.2 $ 262.5 $ 576.0 $ 818.2
Net income per common share:        
Basic $ 2.04 $ 2.81 $ 6.41 $ 8.74
Diluted 2.03 2.8 6.38 8.7
Dividends declared per common share $ 1.25 $ 1.25 $ 3.75 $ 3.5
Statements of Comprehensive Income:        
Net Income (Loss) $ 183.2 $ 262.5 $ 576.0 $ 818.2
Changes in unrealized gains (losses) on marketable debt securities,net of tax of ($0.1) million, $0.2 million, ($0.3) million, and $0.7 million, respectively 0.4 (0.6) 0.9 (2.1)
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of ($0.5) million, ($0.4) million, ($1.6) million, and ($1.2) million, respectively 1.6 1.2 4.8 3.5
Other comprehensive income 2.0 0.6 5.7 1.4
Comprehensive income $ 185.2 $ 263.1 $ 581.7 $ 819.6