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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Net sales $ 2,268.1 $ 1,945.7
Cost of sales 1,934.3 1,741.9
Gross income 333.8 203.8
Operating expenses:    
Selling, general and administrative 199.1 169.2
Amortization of purchased intangibles 3.9 2.8
Total operating expenses 203.0 172.0
Operating income 130.8 31.8
Other income (expense):    
Interest expense (13.4) (12.6)
Interest income 6.2 1.0
Miscellaneous, net 5.8 1.1
Income before income taxes and losses of unconsolidated affiliates 129.4 21.3
Provision for income taxes 34.2 20.8
Income before losses of unconsolidated affiliates 95.2 0.5
Losses of unconsolidated affiliates (6.7) (0.7)
Net income (loss) $ 88.5 $ (0.2)
Earnings (loss) per share:    
Basic $ 1.35  
Diluted 1.34  
Cash dividends declared per share on Common Stock $ 0.41 $ 0.37