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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 993.4 $ 1,008.8 $ 3,109.9 $ 3,119.9
Cost of goods sold 600.2 637.0 1,888.7 1,966.8
Gross profit 393.2 371.8 1,221.2 1,153.1
Selling, general and administrative expenses 190.4 166.2 540.7 504.6
Research and development expenses 22.9 25.5 71.8 76.3
Operating income 179.9 180.1 608.7 572.2
Other expense (income)        
Net interest expense 19.8 27.5 73.4 91.7
Other (income) expense (0.1) (0.3) 0.8 (4.4)
Income from continuing operations before income taxes 160.2 152.9 534.5 484.9
Provision for income taxes 20.6 20.8 75.3 70.1
Net income from continuing operations 139.6 132.1 459.2 414.8
Loss from discontinued operations, net of tax 0.0 0.0 (0.2) (0.1)
Net income 139.6 132.1 459.0 414.7
Comprehensive income, net of tax        
Net income 139.6 132.1 459.0 414.7
Changes in cumulative translation adjustment 32.3 (24.0) 0.5 (14.1)
Changes in market value of derivative financial instruments, net of tax (35.5) 18.5 (6.6) 11.0
Comprehensive income $ 136.4 $ 126.6 $ 452.9 $ 411.6
Basic        
Continuing operations (in dollars per share) $ 0.84 $ 0.80 $ 2.77 $ 2.51
Discontinued operations (in dollars per share) 0 0 0 0
Basic earnings per ordinary share (in dollars per share) 0.84 0.80 2.77 2.51
Diluted        
Continuing operations (in dollars per share) 0.84 0.79 2.75 2.50
Discontinued operations (in dollars per share) 0 0 0 0
Diluted earnings per ordinary share (in dollars per share) $ 0.84 $ 0.79 $ 2.75 $ 2.50
Weighted average ordinary shares outstanding        
Basic (shares) 165.6 165.2 165.7 165.0
Diluted (shares) 167.0 166.6 167.2 166.2