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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Net sales $ 698.0 $ 695.4
Cost of goods and services sold 466.1 465.2
Gross profit 231.9 230.2
Research and development 16.3 17.6
Selling, general and administrative expenses 88.0 86.7
Other expense (income) (Note 14) 20.6 3.1
Operating profit 107.0 122.8
Interest expense, net 0.4 1.6
Interest income (4.1) (6.2)
Other nonoperating expense (income) 0.2 0.0
Income before income taxes and equity in net income of affiliated companies 110.5 127.4
Income tax expense 24.1 16.4
Equity in net income of affiliated companies (3.4) (4.3)
Net income $ 89.8 $ 115.3
Net income per share:    
Basic (in dollars per share) $ 1.24 $ 1.57
Diluted (in dollars per share) $ 1.23 $ 1.55
Weighted average shares outstanding:    
Basic (in shares) 72.5 73.5
Diluted (in shares) 73.0 74.3