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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Net sales $ 4,082.8 $ 4,104.5 $ 4,121.8
Cost of goods sold 2,484.0 2,585.3 2,757.2
Gross profit 1,598.8 1,519.2 1,364.6
Selling, general and administrative 701.4 680.2 677.1
Research and development 93.6 99.8 92.2
Operating income 803.8 739.2 595.3
Other expense (income)      
Net interest expense 88.6 118.3 61.8
Other (income) expense (3.7) 2.0 (17.1)
Income from continuing operations before income taxes 718.9 618.9 550.6
Provision (benefit) for income taxes 93.3 (4.0) 67.4
Net income from continuing operations 625.6 622.9 483.2
Loss from discontinued operations, net of tax (0.2) (0.2) (2.3)
Net income 625.4 622.7 480.9
Comprehensive income, net of tax      
Net income 625.4 622.7 480.9
Changes in cumulative translation adjustment (65.8) 24.0 (56.4)
Changes in market value of derivative financial instruments, net of tax 33.6 (29.4) 31.3
Comprehensive income $ 593.2 $ 617.3 $ 455.8
Earnings (loss) per ordinary share      
Continuing operations (USD per share) $ 3.78 $ 3.77 $ 2.93
Discontinued operations (USD per share) 0 0 (0.01)
Basic earnings per ordinary share (USD per share) 3.78 3.77 2.92
Continuing operations (USD per share) 3.74 3.75 2.92
Discontinued operations (USD per share) 0 0 (0.02)
Diluted earnings per ordinary share (USD per share) $ 3.74 $ 3.75 $ 2.90
Weighted average ordinary shares outstanding      
Basic (shares) 165.6 165.1 164.8
Diluted (shares) 167.1 166.3 165.6