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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Net sales $ 612.7 $ 586.1 $ 1,187.7 $ 1,160.5
Cost of sales 345.5 357.6 675.5 704.2
Gross profit 267.2 228.5 512.2 456.3
Operating expenses:        
Selling, technical, general and administrative 155.4 147.0 304.5 295.9
Research and development 15.6 28.9 33.7 41.4
Total operating expenses 171.0 175.9 338.2 337.3
Operating profit 96.2 52.6 174.0 119.0
Other (expense) income:        
Interest expense, net (14.3) (12.0) (28.2) (23.7)
Foreign exchange gains 5.0 9.0 12.9 13.9
Other expense, net (12.7) (1.6) (15.0) (1.3)
Total other expense (22.0) (4.6) (30.3) (11.1)
Income before income taxes and non-controlling interests 74.2 48.0 143.7 107.9
Income tax benefit (expense) 17.5 (21.2) 4.0 (38.1)
Net income from continuing operations 91.7 26.8 147.7 69.8
Income from discontinued operations, net of tax 1.6 2.9 1.6 2.9
Net income 93.3 29.7 149.3 72.7
Net (income) loss attributable to non-controlling interests (0.1) 0.2 (0.1) 0.1
Net income attributable to common stockholders $ 93.2 $ 29.9 $ 149.2 $ 72.8
Earnings per share        
Basic from continuing operations (in dollars per share) $ 0.38 $ 0.11 $ 0.61 $ 0.29
Basic from discontinued operations (in dollars per share) 0.01 0.01 0.01 0.01
Basic attributable to common stockholders (in dollars per share) 0.39 0.12 0.62 0.30
Diluted from continuing operations (in dollars per share) 0.38 0.11 0.61 0.29
Diluted from discontinued operations (in dollars per share) 0.01 0.01 0.01 0.01
Diluted attributable to common stockholders (in dollars per share) $ 0.39 $ 0.12 $ 0.62 $ 0.30
Weighted average common shares outstanding        
Basic (in shares) 242.1 241.4 242.0 241.1
Diluted (in shares) 242.5 241.7 242.5 241.6