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Condensed Consolidated and Combined Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
Net sales $ 1,242.0 $ 809.3
Cost of goods sold 796.4 495.6
Gross profit 445.6 313.7
Selling, general and administrative 227.2 166.2
Research and development 22.7 17.5
Operating income 195.7 130.0
Net interest expense 17.5 17.4
Other expense 1.3 1.1
Income from continuing operations before income taxes 176.9 111.5
Provision for income taxes 36.5 24.5
Net income from continuing operations 140.4 87.0
Income from discontinued operations, net of tax (Note 6) 2.0 273.7
Net income 142.4 360.7
Comprehensive income, net of tax    
Changes in cumulative translation adjustment (three months ended March 31, 2025 includes $92.7 million reclassified to gain on sale included in Income from discontinued operations, net of tax) (0.4) 103.0
Changes in market value of derivative financial instruments, net of tax 3.6 (3.5)
Comprehensive income $ 145.6 $ 460.2
Basic    
Continuing operations (in dollars per share) $ 0.87 $ 0.53
Discontinued operations (in dollars per share) 0.01 1.65
Basic earnings per ordinary share (in dollars per share) 0.88 2.18
Diluted    
Continuing operations (in dollars per share) 0.86 0.52
Discontinued operations (in dollars per share) 0.01 1.64
Diluted earnings per ordinary share (in dollars per share) $ 0.87 $ 2.16
Weighted average ordinary shares outstanding    
Basic (shares) 161.7 165.1
Diluted (shares) 164.0 167.3
Cash dividends paid per ordinary share (in usd per share) $ 0.21 $ 0.20