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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
Net sales $ 2,313.4 $ 2,182.4 $ 6,625.7 $ 6,237.2
Cost of sales (1,809.1) (1,677.2) (5,183.6) (4,923.8)
Gross profit 504.3 505.2 1,442.1 1,313.4
Selling, general and administrative expenses (154.3) (162.0) (468.9) (463.3)
Other expense, net (25.5) (16.1) (34.7) (51.0)
Income from operations [1] 324.5 327.1 938.5 799.1
Non-operating pension expense 0.0 1.2 0.0 3.4
Interest expense, net (19.3) (9.7) (45.2) (29.7)
Income before taxes 305.2 318.6 893.3 772.8
Provision for income taxes (78.3) (80.5) (221.0) (188.8)
Net income $ 226.9 $ 238.1 $ 672.3 $ 584.0
Net income per common share:        
Basic $ 2.52 $ 2.65 $ 7.48 $ 6.51
Diluted 2.51 2.64 7.45 6.48
Dividends declared per common share $ 1.25 $ 1.25 $ 3.75 $ 3.75
Statements of Comprehensive Income:        
Net income $ 226.9 $ 238.1 $ 672.3 $ 584.0
Other comprehensive income, net of tax:        
Changes in unrealized gains on marketable debt securities, net of tax of $0.0 million, ($0.3) million, ($0.1) million, and ($0.3) million, respectively 0.0 1.0 0.2 0.8
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of ($0.3) million, ($0.4) million, ($0.9) million, and ($1.0) million, respectively 1.0 1.0 2.8 3.1
Other comprehensive income 1.0 2.0 3.0 3.9
Comprehensive income $ 227.9 $ 240.1 $ 675.3 $ 587.9
[1] The significant expense categories align with the segment-level information that is regularly provided to the CODM.