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CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net sales $ 995.4 $ 967.9
Cost of products sold 797.5 759.1
Gross profit 197.9 208.8
Operating expenses:    
Selling, general and administrative expenses 94.6 99.4
Research and development 12.5 11.5
Restructuring and acquisition-related costs 4.4 0.8
Other Operating Income (Expense), Net (3.0) (2.3)
Operating income 89.4 99.4
Interest expense 16.0 15.4
Other non-operating (income) expense, net (0.9) 0.1
Income from continuing operations before income taxes 74.3 83.9
Provision for income taxes 23.2 27.7
Net income $ 51.1 $ 56.2
Net income, per basic share $ 0.55 $ 0.59
Income from continuing operations, per diluted share   0.59
Net income, per diluted share 0.55 0.59
Cash dividends paid per share (in dollars per share) $ 0.30 $ 0.29