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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income      
Revenues $ 4,479.5 $ 3,750.8 $ 3,425.2
Cost of goods sold 3,304.8 2,702.5 2,338.8
Selling and administrative expenses 625.4 532.9 495.4
Research and development expenses 55.1 51.3 45.4
Impairment charges 0.0 0.0 141.5
Other operating (income) expense, net (14.8) 0.1 (0.1)
Operating income 509.0 464.0 404.2
Interest expense, net 53.5 33.5 30.6
Other non-operating (income) expense, net 9.6 1.5 (5.6)
Income from continuing operations before income taxes 445.9 429.0 379.2
Provision for income taxes 87.3 88.4 148.1
Income from continuing operations 358.6 340.6 231.1
Discontinued operations:      
Income before income taxes 300.1 39.6 30.2
Provision for income taxes 47.6 14.7 11.2
Income from discontinued operations 252.5 24.9 19.0
Net income $ 611.1 $ 365.5 $ 250.1
Basic earnings per share attributable to common shares:      
Income from continuing operations (in dollars per share) $ 5.92 $ 5.36 $ 3.57
Income from discontinued operations (in dollars per share) 4.17 0.39 0.29
Basic earnings per share (in dollars per share) 10.09 5.75 3.86
Diluted earnings per share attributable to common shares:      
Income from continuing operations (in dollars per share) 5.88 5.32 3.53
Income from discontinued operations (in dollars per share) 4.14 0.39 0.29
Diluted earnings per share (in dollars per share) $ 10.02 $ 5.71 $ 3.82
Average shares outstanding (in thousands):      
Basic (shares) 60,393 63,073 64,226
Diluted (shares) 60,786 63,551 64,883
Comprehensive income:      
Net income $ 611.1 $ 365.5 $ 250.1
Other comprehensive income (loss):      
Foreign currency (losses) gains (30.3) 46.6 (36.7)
Amortization of unrecognized net periodic benefit costs, net of tax (0.4) (5.2) 1.0
Other, net of tax 0.8 (4.9) 0.6
Other comprehensive income (loss) (29.9) 36.5 (35.1)
Comprehensive income $ 581.2 $ 402.0 $ 215.0