XML 118 R103.htm IDEA: XBRL DOCUMENT v3.25.0.1
Operations by Segment - Schedule of Reportable Segment (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Net sales $ 3,818.1 $ 3,852.8 $ 3,753.9
Cost of products sold 2,362.0 2,368.0 2,424.3
Gross profit 1,456.1 1,484.8 1,329.6
Selling, general and administrative expenses 739.3 727.4 670.9
Restructuring and impairment expenses 17.6 18.8 0.0
Other (income) expense, net (8.5) (6.9) 425.6
Earnings 707.7 745.5 233.1
Interest expense (6.7) (12.0) (9.4)
Earnings before provision for income taxes 701.0 733.5 223.7
Pension settlement (income) expense 0.0 (0.9) 417.3
Reportable Segments      
Segment Reporting Information [Line Items]      
Net sales 3,818.1 3,852.8 3,753.9
North America      
Segment Reporting Information [Line Items]      
Net sales 2,928.1 2,904.3 2,792.4
Rest of World      
Segment Reporting Information [Line Items]      
Net sales 890.0 948.5 961.5
Operating Segments      
Segment Reporting Information [Line Items]      
Net sales 3,868.7 3,879.8 3,784.9
Cost of products sold 2,362.0 2,368.1 2,424.5
Gross profit 1,456.1 1,484.7 1,329.4
Selling, general and administrative expenses 668.2 654.6 608.2
Restructuring and impairment expenses 17.6 15.7  
Other (income) expense, net (1.3) 4.8 359.2
Earnings 771.6 809.6 362.0
Operating Segments | North America      
Segment Reporting Information [Line Items]      
Net sales 2,950.1 2,922.9 2,819.1
Cost of products sold 1,780.1 1,761.1 1,813.9
Gross profit 1,148.0 1,143.2 978.5
Selling, general and administrative expenses 433.2 411.6 356.2
Restructuring and impairment expenses 6.3 0.0  
Other (income) expense, net 1.0 4.9 356.6
Earnings 707.5 726.7 266.0
Pension settlement (income) expense   (0.7) 346.8
Operating Segments | Rest of World      
Segment Reporting Information [Line Items]      
Net sales 918.6 956.9 965.8
Cost of products sold 581.9 607.0 610.6
Gross profit 308.1 341.5 350.9
Selling, general and administrative expenses 235.0 243.0 252.0
Restructuring and impairment expenses 11.3 15.7  
Other (income) expense, net (2.3) (0.1) 2.6
Earnings 64.5 83.4 96.3
Inter-segment Elimination      
Segment Reporting Information [Line Items]      
Net sales (50.6) (27.0) (31.0)
Gross profit (0.4) (0.5) (0.3)
Earnings (0.4) (0.5) (0.3)
Inter-segment Elimination | North America      
Segment Reporting Information [Line Items]      
Net sales (22.0) (18.6) (26.7)
Gross profit     0.3
Inter-segment Elimination | Rest of World      
Segment Reporting Information [Line Items]      
Net sales (28.6) (8.4) (4.3)
Gross profit 0.4 0.5  
Less: Corporate Expenses      
Segment Reporting Information [Line Items]      
Net sales 0.0 0.0 0.0
Cost of products sold 0.0 (0.1) (0.2)
Gross profit 0.0 0.1 0.2
Selling, general and administrative expenses 71.1 72.8 62.7
Restructuring and impairment expenses 0.0 3.1  
Other (income) expense, net (7.2) (11.7) 66.4
Earnings $ (63.9) (64.1) (128.9)
Pension settlement (income) expense   $ (0.2) $ 70.5