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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, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Net sales $ 1,381.7 $ 1,403.1 $ 2,674.2 $ 2,638.8
Cost of goods sold (1,053.3) (1,060.2) (2,048.5) (2,017.2)
Gross profit 328.4 342.9 625.7 621.6
Selling, general and administrative expenses (135.3) (133.0) (274.3) (264.0)
Income (loss) from operations 193.1 209.9 351.4 357.6
Other income (expense)        
Interest income 2.0 1.1 5.6 3.1
Interest expense (15.6) (15.4) (30.6) (30.3)
Other income (expense) – net  (5.4) (3.8) (15.8) (5.4)
Income (loss) from continuing operations before income taxes 174.1 191.8 310.6 325.0
(Provision for) benefit from income taxes (33.4) (32.0) (61.4) (55.3)
Income (loss) from continuing operations 140.7 159.8 249.2 269.7
Gain (loss) on disposition of discontinued operations – net of tax 0.0 (0.4) 0.0 2.3
Net income (loss) $ 140.7 $ 159.4 $ 249.2 $ 272.0
Basic earnings (loss) per share:        
Income (loss) from continuing operations (in dollars per share) $ 2.09 $ 2.36 $ 3.71 $ 3.98
Gain (loss) on disposition of discontinued operations - net of tax (in dollars per share) 0 0 0 0.04
Net income (loss) (in dollars per share) 2.09 2.36 3.71 4.02
Diluted earnings (loss) per share:        
Income (loss) from continuing operations (in dollars per share) 2.08 2.35 3.68 3.94
Gain (loss) on disposition of discontinued operations - net of tax (in dollars per share) 0 (0.01) 0 0.03
Net income (loss) (in dollars per share) $ 2.08 $ 2.34 $ 3.68 $ 3.97
Weighted average number of shares outstanding in per share calculation        
Basic (in shares) 67.2 67.6 67.1 67.7
Diluted (in shares) 67.7 68.1 67.8 68.5
Comprehensive income (loss) $ 113.9 $ 169.4 $ 193.6 $ 308.3