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CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net sales $ 1,306.9 $ 1,253.0 $ 2,443.5 $ 2,369.6
Cost of goods sold (1,035.1) (974.4) (1,933.9) (1,862.4)
Gross profit 271.8 278.6 509.6 507.2
Selling, general and administrative expenses (145.8) (146.2) (283.9) (280.5)
Income (loss) from operations 126.0 132.4 225.7 226.7
Other income (expense)        
Interest income 1.8 2.0 3.5 5.3
Interest expense (24.6) (18.2) (47.6) (34.1)
Other income (expense) – net (1.3) (1.6) (4.5) (0.4)
Income (loss) from continuing operations before income taxes 101.9 114.6 177.1 197.5
(Provision for) benefit from income taxes (20.3) (30.4) (38.3) (44.6)
Income (loss) from continuing operations 81.6 84.2 138.8 152.9
Income (loss) from discontinued operations – net of tax (17.3) (28.3) (141.7) (49.4)
Gain (loss) on disposition of discontinued operations – net of tax 10.8 1.9 11.4 4.6
Net income (loss) $ 75.1 $ 57.8 $ 8.5 $ 108.1
Basic earnings (loss) per share:        
Income (loss) from continuing operations $ 1.14 $ 1.11 $ 1.96 $ 1.97
Income (loss) from discontinued operations – net of tax (0.24) (0.37) (2.00) (0.64)
Gain (loss) on disposition of discontinued operations – net of tax 0.15 0.03 0.16 0.06
Net income (loss) 1.05 0.77 0.12 1.39
Diluted earnings (loss) per share:        
Income (loss) from continuing operations 1.14 1.10 1.93 1.93
Income (loss) from discontinued operations – net of tax (0.24) (0.37) (1.97) (0.63)
Gain (loss) on disposition of discontinued operations – net of tax 0.15 0.02 0.16 0.06
Net income (loss) $ 1.05 $ 0.75 $ 0.12 $ 1.36
Weighted average number of shares outstanding in per share calculation        
Basic (in shares) 71.2 75.5 70.9 77.6
Diluted (in shares) 71.7 76.7 71.8 79.3
Comprehensive income (loss) $ 74.9 $ (17.1) $ 6.0 $ 59.4