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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net sales $ 565.3 $ 478.6 $ 1,128.2 $ 943.6
Cost of sales 444.8 369.6 858.4 738.9
Gross margin 120.5 109.0 269.8 204.7
Selling, general and administrative expense 63.2 62.9 124.6 120.9
Other operating income:        
Currency transactions, net 11.9 0.5 10.4  
Other operating expense, net (4.0) (2.8) (7.1) (6.0)
Income from operations 65.2 43.8 148.5 77.8
Other income (expense):        
Interest and dividend income 0.6 0.1 0.7 0.2
Marketable equity securities 2.3 0.5 2.4 1.3
Other components of net periodic pension and OPEB cost (3.1) (4.3) (6.3) (8.6)
Interest expense (4.3) (5.2) (8.8) (10.2)
Income before income taxes 60.7 34.9 136.5 60.5
Income tax expense 14.8 9.2 33.1 15.2
Net income $ 45.9 $ 25.7 103.4 45.3
Net income - basic     57.5 19.6
Net income - diluted     $ 57.5 $ 19.6
Net income per basic share $ 0.40 $ 0.22 $ 0.90 $ 0.39
Net income per diluted share $ 0.40 $ 0.22 $ 0.90 $ 0.39
Weighted average shares outstanding - basic 115.5 115.5 115.5 115.5
Weighted average shares outstanding - diluted 115.5 115.5 115.5 115.5