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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 1,346.9 $ 1,240.1 $ 2,609.3 $ 2,412.3
Cost of sales 272.8 243.2 518.5 484.8
Gross profit 1,074.1 996.9 2,090.8 1,927.5
Royalty overrides 406.9 366.8 788.1 726.3
Selling, general, and administrative expenses 480.8 477.0 1,029.8 912.4
Other operating income (3.3)   (12.4) (27.3)
Operating income 189.7 153.1 285.3 316.1
Interest expense, net 28.8 36.3 53.8 72.4
Other income, net   (5.9)   (14.4)
Income before income taxes 160.9 122.7 231.5 258.1
Income taxes 45.8 46.2 70.8 85.3
Net income $ 115.1 $ 76.5 $ 160.7 $ 172.8
Earnings per share:        
Basic $ 0.84 $ 0.56 $ 1.17 $ 1.26
Diluted $ 0.82 $ 0.54 $ 1.15 $ 1.20
Weighted-average shares outstanding:        
Basic 137.9 137.4 137.9 137.2
Diluted 140.1 142.4 140.1 144.2