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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Statement of Comprehensive Income [Abstract]        
Net sales $ 1,261.2 $ 1,195.5 $ 3,464.9 $ 3,591.1
Cost of products sold 721.1 716.6 2,048.4 2,130.5
Selling, general and administrative expenses 321.1 253.1 862.6 810.7
Amortization of intangible assets 18.8 12.5 44.0 35.7
Restructuring charges 3.7 20.6 28.9 22.2
Operating income 196.5 192.7 481.0 592.0
Interest expense 33.3 33.0 87.9 85.3
Other income, net (9.4) (2.8) (20.9) (5.2)
Income from continuing operations before income taxes 172.6 162.5 414.0 511.9
Income tax 36.1 21.1 89.8 100.0
Income from continuing operations, net of tax 136.5 141.4 324.2 411.9
(Loss) income from discontinued operations, net of tax 0.0 62.8 (1.0) 165.2
Net income $ 136.5 $ 204.2 $ 323.2 $ 577.1
Basic earnings per common share        
Continuing operations $ 1.08 $ 1.09 $ 2.55 $ 3.14
Discontinued operations 0 0.49 0 1.26
Basic earnings per share 1.08 1.58 2.55 4.4
Diluted earnings per common share        
Continuing operations 1.07 1.09 2.53 3.12
Discontinued operations 0 0.48 0 1.25
Diluted earnings per share $ 1.07 $ 1.57 $ 2.53 $ 4.37
Comprehensive income $ 118.1 $ 174.2 $ 316.5 $ 599.5