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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities    
Net income $ 126.3 $ 123.9
Reconciliation to net cash provided by operating activities:    
Depreciation and amortization 93.0 93.2
Amortization related to financing 0.3 0.5
Deferred income taxes (4.4) (12.3)
Equity in earnings from affiliated companies 0.0 (5.1)
Stock-based compensation 19.3 18.3
Restructuring expenses, net of payments 0.4 (4.1)
Impairment of assets 0.0 1.7
Gain on sale of asset 0.0 (0.8)
Changes in assets and liabilities:    
Increase in accounts receivable (19.7) (15.8)
Increase in inventories (37.5) (33.2)
Increase in prepaid expenses and other current assets (20.8) (9.4)
Decrease in accounts payable/accrued liabilities (15.1) (53.7)
Other – net (14.5) (5.1)
Net cash provided by operating activities 127.3 98.1
Cash flows from investing activities    
Capital expenditures (68.4) (94.4)
Proceeds from sale of asset 0.0 10.3
Proceeds from sale of investments 0.0 2.5
Net cash used for investing activities (68.4) (81.6)
Cash flows from financing activities    
Repurchases of common stock (252.2) (30.1)
Issuance costs related to senior unsecured credit facilities 0.0 (2.5)
Repayment of finance lease obligation and other debt, net (0.1) (0.1)
Dividends paid (37.2) (31.7)
Activity under stock plans (3.3) 4.7
Net cash used for financing activities (187.8) (29.7)
Effect of exchange rate changes on cash and cash equivalents 0.1 (1.1)
Net decrease in cash and cash equivalents (128.8) (14.3)
Cash and cash equivalents at beginning of period 227.0 112.0
Cash and cash equivalents at end of period 98.2 97.7
Supplemental data:    
Accrual basis additions to plant, property and equipment 59.6 88.7
Senior Unsecured Credit Facility Two Thousand Twenty Eight [Member]    
Cash flows from financing activities    
Borrowing from senior unsecured credit facility 160.0 98.0
Repayment of senior unsecured credit facility (55.0) (43.0)
Senior Unsecured Credit Facility Two Thousand Twenty Four [Member]    
Cash flows from financing activities    
Borrowing from senior unsecured credit facility 0.0 65.0
Repayment of senior unsecured credit facility $ 0.0 $ (90.0)