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Condensed Consolidated and Combined Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ 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 $ 1,054.0 $ 782.0 $ 2,826.4 $ 2,253.9
Cost of goods sold 659.3 470.9 1,746.2 1,344.3
Gross profit 394.7 311.1 1,080.2 909.6
Selling, general and administrative 207.8 161.8 570.0 450.7
Research and development 20.6 16.1 57.2 48.9
Operating income 166.3 133.2 453.0 410.0
Net interest expense 20.9 30.4 55.9 76.6
Other expense 1.2 1.2 3.4 3.3
Income from continuing operations before income taxes 144.2 101.6 393.7 330.1
Provision for income taxes 25.2 22.7 81.0 72.8
Net income from continuing operations 119.0 78.9 312.7 257.3
Income from discontinued operations, net of tax (Note 6) 2.2 26.1 278.7 63.8
Net income 121.2 105.0 591.4 321.1
Comprehensive income, net of tax        
Changes in cumulative translation adjustment (nine months ended September 30, 2025 includes $92.7 million reclassified to gain on sale included in Income from discontinued operations, net of tax) (0.7) 16.5 124.9 (6.9)
Changes in market value of derivative financial instruments, net of tax 1.9 (3.8) (13.8) 1.5
Comprehensive income $ 122.4 $ 117.7 $ 702.5 $ 315.7
Basic        
Continuing operations (in dollars per share) $ 0.74 $ 0.47 $ 1.92 $ 1.55
Discontinued operations (in dollars per share) 0.01 0.16 1.71 0.39
Basic earnings per ordinary share (in dollars per share) 0.75 0.63 3.63 1.94
Diluted        
Continuing operations (in dollars per share) 0.73 0.47 1.90 1.53
Discontinued operations (in dollars per share) 0.01 0.15 1.69 0.38
Diluted earnings per ordinary share (in dollars per share) $ 0.74 $ 0.62 $ 3.59 $ 1.91
Weighted average ordinary shares outstanding        
Basic (shares) 161.2 165.6 162.7 165.7
Diluted (shares) 163.6 168.1 164.8 168.5
Cash dividends paid per ordinary share (in usd per share) $ 0.20 $ 0.19 $ 0.60 $ 0.57