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Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Net sales $ 694.1 $ 582.4 $ 1,305.0 $ 1,087.0
Operating costs and expenses:        
Cost of sales 485.7 443.1 940.7 858.6
Depreciation and amortization 29.6 28.5 60.2 56.4
Selling and administrative 47.0 46.5 95.6 88.8
(Gain) loss on sale or impairment of long-lived assets, net (3.1) 0.7 (2.5) 0.7
Other operating credits and charges, net 2.0 11.4 5.4 11.4
Total operating costs and expenses 561.2 530.2 1,099.4 1,015.9
Income from operations 132.9 52.2 205.6 71.1
Non-operating income (expense):        
Interest expense, net of capitalized interest (4.9) (9.3) (9.9) (17.3)
Investment income 2.3 2.1 4.3 3.9
Other non-operating items (1.5) 1.4 (1.8) 1.9
Total non-operating income (expense) (4.1) (5.8) (7.4) (11.5)
Income before taxes and equity in income of unconsolidated affiliates 128.8 46.4 198.2 59.6
Provision for income taxes 36.0 16.2 51.5 20.6
Equity in income of unconsolidated affiliates (1.7) (1.5) (2.8) (3.0)
Net income $ 94.5 $ 31.7 $ 149.5 $ 42.0
Net income per share of common stock:        
Net income per share - basic $ 0.65 $ 0.22 $ 1.04 $ 0.29
Net income per share - diluted $ 0.65 $ 0.22 $ 1.02 $ 0.29
Weighted average shares of stock outstanding - basic 144.5 143.4 144.3 143.1
Weighted average shares of stock outstanding - diluted 146.2 145.2 146.0 145.1