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Condensed Consolidated and Combined Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 447.2 $ 539.5 $ 968.1 $ 1,077.5
Cost of goods sold 286.9 327.3 612.5 655.4
Gross profit 160.3 212.2 355.6 422.1
Selling, general and administrative 104.3 113.1 227.4 233.2
Research and development 10.7 12.1 22.6 24.4
Operating income 45.3 87.0 105.6 164.5
Net interest expense 9.4 11.9 19.3 22.4
Other expense 0.7 1.0 1.5 1.9
Income before income taxes 35.2 74.1 84.8 140.2
Provision for income taxes 9.4 13.2 40.4 22.9
Net income 25.8 60.9 44.4 117.3
Comprehensive income, net of tax        
Net income 25.8 60.9 44.4 117.3
Changes in cumulative translation adjustment 6.6 3.2 (16.9) 6.2
Changes in market value of derivative financial instruments, net of tax (4.8) 12.7 12.2 6.5
Comprehensive income $ 27.6 $ 76.8 $ 39.7 $ 130.0
Earnings per ordinary share        
Basic pro forma earnings per ordinary share (in dollars per share) $ 0.15 $ 0.36 $ 0.26 $ 0.67
Diluted pro forma earnings per ordinary share (in dollars per share) $ 0.15 $ 0.35 $ 0.26 $ 0.67
Weighted average ordinary shares outstanding        
Basic (shares) 169.9 171.5 169.9 174.0
Diluted (shares) 170.4 173.0 170.7 175.6
Cash dividends paid per ordinary share (in usd per share) $ 0.175 $ 0.175 $ 0.35 $ 0.35