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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net sales $ 2,066.7 $ 2,063.0 $ 6,078.4 $ 6,160.8
Cost of sales 1,788.0 1,784.5 5,358.3 5,182.6
Gross income 278.7 278.5 720.1 978.2
Operating expenses:        
Selling, general and administrative 166.3 171.5 503.4 521.1
Amortization of purchased intangibles 3.0 2.8 8.6 8.3
Intangible asset impairment charge 2.1   2.1  
Total operating expenses 171.4 174.3 514.1 529.4
Operating income 107.3 104.2 206.0 448.8
Other income (expense):        
Interest expense (13.4) (12.2) (39.2) (36.2)
Interest income 2.5 1.8 4.8 2.9
Miscellaneous, net (6.8) (4.1) (20.8) (0.6)
Income before income taxes and earnings (losses) of unconsolidated affiliates 89.6 89.7 150.8 414.9
Provision for income taxes 29.9 0.7 63.8 12.0
Income before earnings (losses) of unconsolidated affiliates 59.7 89.0 87.0 402.9
Equity in earnings (losses) of unconsolidated affiliates (0.4) 0.7 (2.9) 0.3
Net income $ 59.3 $ 89.7 $ 84.1 $ 403.2
Earnings per share:        
Basic $ 0.91 $ 1.31 $ 1.28 $ 5.88
Diluted 0.90 1.30 1.27 5.82
Cash dividends declared per share on Common Stock $ 0.37 $ 0.33 $ 1.11 $ 0.99