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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net sales $ 2,025.3 $ 1,655.2 $ 1,955.7
Cost of products sold 1,410.4 1,162.8 1,322.2
Gross profit 614.9 492.4 633.5
Operating costs and expenses:      
Selling, general and administrative expenses 392.6 336.3 389.9
Amortization of intangibles 46.3 32.8 35.4
Restructuring charges 6.0 10.9 12.0
Change in fair value of contingent consideration 19.0 0.0 0.0
Total operating costs and expenses 463.9 380.0 437.3
Operating income [1] 151.0 112.4 196.2
Non-operating expense (income):      
Interest expense 46.3 38.8 43.2
Interest income (1.9) (1.0) (3.2)
Non-operating pension income (7.9) (5.6) (5.5)
Other expense (income), net 3.1 1.6 (1.8)
Income before income tax 111.4 78.6 163.5
Income tax expense 9.5 16.6 56.7
Net income $ 101.9 $ 62.0 $ 106.8
Basic income per share:      
Basic income per share (in dollars per share) $ 1.07 $ 0.65 $ 1.07
Diluted income per share:      
Diluted income per share (in dollars per share) $ 1.05 $ 0.65 $ 1.06
Weighted average number of shares outstanding:      
Basic (in shares) 95.5 94.9 99.5
Diluted (in shares) 97.1 96.1 101.0
[1] Operating income as presented in the segment table above is defined as i) net sales; ii) less cost of products sold; iii) less SG&A expenses; iv) less amortization of intangibles; v) less restructuring charges; and vi) less change in the fair value of contingent consideration.