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CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Net sales $ 1,027.4 $ 995.4
Cost of products sold 829.4 797.1
Gross profit 198.0 198.3
Operating expenses:    
Selling, general and administrative expenses 96.9 96.0
Research and development 10.0 12.5
Restructuring and other costs 13.4 4.4
Other Operating Income (Expense), Net (2.8) (3.0)
Operating income 80.5 88.4
Interest expense 18.9 16.0
Other non-operating (income) expense, net (0.9) (1.9)
Income from continuing operations before income taxes 62.5 74.3
Provision for income taxes 14.9 23.2
Net income $ 47.6 $ 51.1
Net income, per basic share $ 0.52 $ 0.55
Net income, per diluted share 0.52 0.55
Cash dividends paid per share (in dollars per share) $ 0.31 $ 0.30