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Unaudited Condensed Consolidated Statements of Earnings (Loss) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Net sales        
Net sales $ 1,228.9 $ 1,162.0 $ 3,587.6 $ 3,065.0
Costs and expenses        
Cost of sales 847.2 749.0 2,438.6 2,018.6
Operating expenses        
Selling, general and administrative expenses 257.8 251.7 779.6 742.8
Amortization of intangibles 31.6 32.5 95.3 97.1
Restructuring costs (3.8) 71.7 (0.7) 73.0
Foreign currency (gain) loss, net 4.9 11.7 2.1 16.3
Asset impairment 8.7 9.4 8.7 21.7
Other operating expense (income) 0.7 0.9 0.2 2.0
Operating profit (loss) 81.8 35.1 263.8 93.5
Interest expense, net 22.4 26.4 66.5 125.4
Loss on extinguishment of debt 0.0 0.0 0.4 174.0
Change in fair value of warrant liabilities (32.5) 87.7 52.3 109.3
Income (loss) before income taxes 91.9 (79.0) 144.6 (315.2)
Income tax expense 35.7 24.5 47.0 52.6
Net income (loss) $ 56.2 $ (103.5) $ 97.6 $ (367.8)
Earnings (loss) per share:        
Basic (USD per share) $ 0.16 $ (0.32) $ 0.28 $ (1.23)
Diluted (USD per share) $ 0.15 $ (0.32) $ 0.27 $ (1.23)
Weighted-average shares outstanding:        
Basic (in shares) 352,482,900 328,411,705 351,439,095 299,266,849
Diluted (in shares) 363,198,701 328,411,705 355,974,628 299,266,849
Products        
Net sales        
Net sales $ 926.0 $ 891.1 $ 2,746.5 $ 2,288.5
Costs and expenses        
Cost of sales 678.4 596.7 1,958.0 1,575.2
Services        
Net sales        
Net sales 302.9 270.9 841.1 776.5
Costs and expenses        
Cost of sales $ 168.8 $ 152.3 $ 480.6 $ 443.4