XML 80 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]    
Net sales $ 4,423.7 $ 4,327.4
Cost of goods sold 3,614.7 3,545.6
Selling, general and administrative, excluding intangible amortization 425.7 400.9
Selling, general and administrative intangible amortization 101.8 92.9
Gain on disposal of assets (1.3) (43.8)
Restructuring and other costs 30.1 54.4
Operating profit (loss) 252.7 277.4
Interest expense, net (93.5) (94.4)
Loss on extinguishment of debt   (1.9)
Pension and other postretirement non-service income 26.7 17.3
Other expense, net (3.7) (2.7)
Equity in income of unconsolidated entities 3.8 6.8
Income before income taxes 186.0 202.5
Income tax expense (46.5) (62.7)
Consolidated net income 139.5 139.8
Less: Net income attributable to noncontrolling interests (1.0) (0.7)
Net income attributable to common stockholders $ 138.5 $ 139.1
Basic earnings per share attributable to common stockholders $ 0.54 $ 0.55
Diluted earnings per share attributable to common stockholders $ 0.53 $ 0.54
Basic weighted average shares outstanding 258.2 254.8
Diluted weighted average shares outstanding 259.9 259.5
Cash dividends paid per common share $ 0.465 $ 0.455