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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Gross Profit $ 1,188.4 $ 1,040.1 $ 1,079.8
Revenues 4,194.1 3,634.1 3,807.2
Cost of goods sold 3,005.7 2,594.0 2,727.4
Gross profit 1,188.4 1,040.1 1,079.8
Operating expenses:      
Selling, general and administrative expenses 598.9 555.9 585.9
Losses (gains) and other expenses, net 9.2 7.4 8.3
Restructuring charges 1.8 10.8 10.3
Gain (Loss) on Disposition of Business and Related Property 0.0 0.0 10.6
Loss(gain) from natural disaster, net of Insurance recoveries 0.0 3.1 (178.8)
Income from equity method investments (11.8) (15.6) (13.4)
Operating income 590.3 478.5 656.9
Interest expense, net 25.0 28.3 47.5
Other expense (income), net 4.0 4.4 2.3
Income from continuing operations before income taxes 560.1 445.2 507.9
Provision for income taxes 96.1 88.1 99.1
Income from continuing operations 464.0 357.1 408.8
Discontinued operations:      
Income (loss) from discontinued operations before income taxes 0.0 (1.5) (0.1)
Income tax expense (benefit) 0.0 (0.7) 0.0
Loss from discontinued operations 0.0 (0.8) (0.1)
Net income $ 464.0 $ 356.3 $ 408.7
Earnings per share – Basic:      
Income from continuing operations (in usd per share) $ 12.47 $ 9.32 $ 10.49
Loss from discontinued operations (in usd per share) 0 (0.02) 0
Net income (in usd per share) 12.47 9.30 10.49
Earnings per share – Diluted:      
Income from continuing operations (in usd per share) 12.39 9.26 10.38
Loss from discontinued operations (in usd per share) 0 (0.02) 0
Net income (in usd per share) $ 12.39 $ 9.24 $ 10.38
Average shares outstanding:      
Basic (in shares) 37.2 38.3 39.0
Diluted (in shares) 37.5 38.6 39.4
Cash dividends declared per share (in usd per share) $ 3.53 $ 2.95  
Pension settlements $ 1.2 $ 0.6 $ 99.2