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CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Net sales $ 1,033.3 $ 1,012.1 $ 2,060.7 $ 2,007.5
Cost of products sold 831.6 826.0 1,661.0 1,623.1
Gross profit 201.7 186.1 399.7 384.4
Operating expenses:        
Selling, general and administrative expenses 96.8 98.6 193.7 194.6
Research and development 9.4 11.1 19.4 23.6
Restructuring and other costs 21.0 23.8 34.4 28.2
Other Operating Income (Expense), Net (4.2) (3.1) (7.0) (6.1)
Operating income 78.7 55.7 159.2 144.1
Interest expense 18.7 16.0 37.6 32.0
Other non-operating (income) expense, net (0.7) (1.4) (1.6) (3.3)
Income from continuing operations before income taxes 60.7 41.1 123.2 115.4
Provision for income taxes 14.0 13.1 28.9 36.3
Net income $ 46.7 $ 28.0 $ 94.3 $ 79.1
Net income, per basic share $ 0.51 $ 0.31 $ 1.03 $ 0.86
Net income, per diluted share 0.51 0.30 1.03 0.85
Cash dividends paid per share (in dollars per share) $ 0.31 $ 0.30 $ 0.62 $ 0.60