Quarterly Financial Data (unaudited)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (unaudited)

25. Quarterly Financial Data (unaudited)

2018	Q1		Q2		Q3		Q4
Net sales	$	2,240.9	$	2,211.5	$	2,033.0	$	2,192.8
Gross profit		460.3		439.7		386.1		425.2
Income from Continuing Operations before income taxes		228.9		210.1		171.3		2.1
Income from Continuing Operations		159.1		193.2		118.0		(92.8	)
Net income attributable to controlling interest from Continuing Operations		158.7		192.7		117.5		(93.0	)
Earnings per share Continuing Operations
– basic		1.82		2.21		1.35		(1.07	)
– diluted		1.82		2.20		1.34		(1.06	)
Dividends paid		0.60		0.62		0.62		0.62

2017	Q1		Q2		Q3		Q4
Net sales	$	2,041.6	$	1,983.9	$	1,952.6	$	2,158.7
Gross profit		428.7		415.3		394.9		440.8
Income from Continuing Operations before income taxes		199.7		201.2		150.7		240.8
Income from Continuing Operations		148.3		136.1		106.2		197.4
Net income attributable to controlling interest from Continuing Operations		147.9		135.7		105.7		196.7
Earnings per share Continuing Operations
– basic		1.67		1.54		1.22		2.26
– diluted		1.67		1.54		1.21		2.26
Dividends paid		0.58		0.60		0.60		0.60

Quarterly movements

In the fourth quarter of 2018, income from Continuing Operations before taxes was negatively impacted by the Company recognizing an accrual of $210 million in connection with the remaining portion of the European Commission’s investigation of anti-competitive behavior among suppliers of occupant safety systems in the European Union.