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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Statement of Comprehensive Income [Abstract]        
Net sales $ 2,053.7 $ 1,986.3 $ 6,082.0 $ 5,693.4
Cost of products sold 1,310.2 1,280.0 3,895.9 3,637.2
Selling, general and administrative expenses 415.3 400.2 1,259.4 1,166.3
Amortization of intangible assets 16.8 15.9 48.9 48.5
Asset impairment charges 0.0 0.0 26.0 0.0
Restructuring charges 30.2 3.6 33.1 11.5
Operating income 281.2 286.6 818.7 829.9
Interest expense 33.1 20.6 85.4 63.2
Other (income) expense , net (2.1) (1.3) (3.6) 0.7
Income before taxes 250.2 267.3 736.9 766.0
Income tax 46.0 65.2 159.8 168.9
Net income $ 204.2 $ 202.1 $ 577.1 $ 597.1
Basic earnings per common share $ 1.58 $ 1.47 $ 4.40 $ 4.32
Diluted earnings per common share $ 1.57 $ 1.45 $ 4.37 $ 4.26
Comprehensive income $ 174.2 $ 186.7 $ 599.5 $ 598.4