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Consolidated and Combined Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Sales $ 2,282.0 $ 2,751.6 $ 2,844.5
Cost of sales 1,123.9 1,238.5 1,242.7
Gross profit 1,158.1 1,513.1 1,601.8
Operating expenses:      
Selling, general and administrative 1,024.0 1,080.9 1,131.4
Research and development 100.8 154.7 172.0
Operating profit 33.3 277.5 298.4
Nonoperating (expense) income:      
Other (expense) income (0.9) 1.5 2.7
Interest expense, net (62.5) (3.5) 0.0
(Loss) income before income taxes (30.1) 275.5 301.1
Income tax (benefit) expense (63.4) 57.9 70.4
Net income $ 33.3 $ 217.6 $ 230.7
Earnings per share:      
Basic (in USD per share) $ 0.21 $ 1.60 $ 1.80
Diluted (in USD per share) $ 0.20 $ 1.60 $ 1.80
Average common stock and common equivalent shares outstanding:      
Basic (in shares) 159.6 136.2 127.9
Diluted (in shares) 164.1 136.4 127.9