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Consolidated and Combined Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Sales $ 2,508.9 $ 1,929.1 $ 2,284.8
Cost of sales 1,082.4 874.3 935.6
Gross profit 1,426.5 1,054.8 1,349.2
Operating expenses:      
Selling, general and administrative 1,019.8 924.6 980.4
Research and development 100.5 86.7 133.1
Operating profit 306.2 43.5 235.7
Nonoperating income (expense):      
Other income (expense) 2.4 (1.0) 1.5
Interest expense, net (54.1) (62.5) (3.5)
Income (loss) before income taxes 254.5 (20.0) 233.7
Income tax (benefit) expense (9.0) (62.5) 49.6
Income from continuing operations, net of tax 263.5 42.5 184.1
Income (loss) from discontinued operations, net of tax (refer to Note 4) 77.0 (9.2) 33.5
Net income $ 340.5 $ 33.3 $ 217.6
Earnings (loss) per share:      
Earnings from continuing operations - basic (in USD per share) $ 1.63 $ 0.27 $ 1.35
Earnings from continuing operations - diluted (in USD per share) 1.48 0.26 1.35
Earnings (loss) from discontinued operations - basic (in USD per share) 0.48 (0.06) 0.25
Earnings (loss) from discontinued operations - diluted (in USD per share) 0.43 (0.06) 0.25
Earnings (loss) - basic (in USD per share) 2.11 0.21 1.60
Earnings (loss) - diluted (in USD per share) $ 1.92 [1] $ 0.20 $ 1.60
Average common stock and common equivalent shares outstanding:      
Basic (in shares) 161.2 159.6 136.2
Diluted (in shares) 177.6 164.1 136.4
[1] * Earnings per share is computed independently for earnings per share from continuing operations and earnings (loss) per share from discontinued operations. The sum of earnings per share from continuing operations and earnings (loss) per share from discontinued operations does not equal earnings per share due to rounding.