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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net sales $ 599.3 $ 618.5 $ 1,759.8 $ 1,975.6
Cost of sales 357.4 396.6 1,061.6 1,240.9
Gross profit 241.9 221.9 698.2 734.7
Operating expenses:        
Selling, technical, general and administrative 149.9 131.4 445.8 431.3
Research and development 12.9 11.3 54.3 38.2
Goodwill impairment 80.0 0.0 80.0 0.0
Total operating expenses 242.8 142.7 580.1 469.5
Operating (loss) profit (0.9) 79.2 118.1 265.2
Other (expense) income:        
Interest expense, net (13.3) (12.3) (37.0) (39.6)
Foreign exchange (loss) gain (5.3) 0.9 8.6 2.9
Other income, net 3.1 2.0 1.8 5.2
Total other expense (15.5) (9.4) (26.6) (31.5)
(Loss) income before income taxes and non-controlling interests (16.4) 69.8 91.5 233.7
Income tax expense (15.3) (16.5) (53.4) (60.4)
Net (loss) income from continuing operations (31.7) 53.3 38.1 173.3
Income from discontinued operations, net of tax 0.0 0.0 2.9 1.8
Net income (31.7) 53.3 41.0 175.1
Net income attributable to non-controlling interests (0.1) (0.1) 0.0 (0.6)
Net (loss) income attributable to common stockholders $ (31.8) $ 53.2 $ 41.0 $ 174.5
(Loss) earnings per share        
Basic from continuing operations (in dollars per share) $ (0.13) $ 0.22 $ 0.16 $ 0.70
Basic from discontinued operations (in dollars per share) 0 0 0.01 0.01
Basic attributable to common stockholders (in dollars per share) (0.13) 0.22 0.17 0.71
Diluted from continuing operations (in dollars per share) (0.13) 0.22 0.16 0.70
Diluted from discontinued operations (in dollars per share) 0 0 0.01 0.01
Diluted attributable to common stockholders (in dollars per share) $ (0.13) $ 0.22 $ 0.17 $ 0.71
Weighted average common shares outstanding        
Basic (in shares) 241.5 244.7 241.4 246.4
Diluted (in shares) 241.5 245.0 241.8 247.2