XML 14 R3.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 796.4 $ 644.3 $ 1,575.9 $ 1,391.1
Net sales        
Cost of sales 476.8 424.8 947.3 896.6
Selling, general and administrative 182.9 165.3 365.0 354.6
Acquisition-related and integration charges 0.0 2.3 0.0 7.5
Restructuring (gains) charges, net (0.2) 23.2 (13.3) 22.0
Operating profit 136.9 28.7 276.9 110.4
Other income (expense):        
Interest income 0.4 0.3 0.9 0.7
Interest expense (11.4) (14.4) (25.0) (26.9)
Miscellaneous income, net 9.7 2.4 13.6 6.2
Total other expense (1.3) (11.7) (10.5) (20.0)
Income from continuing operations before income taxes 135.6 17.0 266.4 90.4
Provision for income taxes 24.9 3.6 52.3 19.3
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 110.7 13.4 214.1 71.1
Net income from continuing operations attributable to common shareholders 27.6 1.4 32.6 6.5
Net income attributable to common shareholders $ 138.3 $ 14.8 $ 246.7 $ 77.6
Earnings per basic share:        
Earnings per basic share from continuing operations (in dollars per share) $ 1.89 $ 0.23 $ 3.67 $ 1.22
Earnings per basic share from discontinued operations (in dollars per share) 0.47 0.03 0.55 0.11
Earnings per basic share (in dollars per share) 2.36 0.26 4.22 1.33
Earnings per diluted share:        
Earnings per diluted share from continuing operations (in dollars per share) 1.87 0.23 3.62 1.20
Earnings per diluted share from discontinued operations (in dollars per share) 0.46 0.02 0.55 0.11
Earnings per diluted share (in dollars per share) $ 2.33 $ 0.25 $ 4.17 $ 1.31
Average shares outstanding:        
Average basic shares outstanding (in shares) 58.5 58.0 58.4 58.5
Average diluted shares outstanding (in shares) 59.3 58.5 59.1 59.1
Dividends per share (in dollars per share) $ 0.43 $ 0.43 $ 0.86 $ 0.86