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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Net sales $ 2,543.8 $ 2,268.1
Cost of sales 2,073.8 1,934.3
Gross income 470.0 333.8
Operating expenses:    
Selling, general and administrative 196.8 199.1
Amortization of purchased intangibles 13.5 3.9
Total operating expenses 210.3 203.0
Operating income 259.7 130.8
Other income (expense):    
Interest expense (22.4) (13.4)
Interest income 1.6 6.2
Miscellaneous, net (2.0) 5.8
Income before income taxes and losses of unconsolidated affiliates 236.9 129.4
Provision for income taxes 54.7 34.2
Income before losses of unconsolidated affiliates 182.2 95.2
Losses of unconsolidated affiliates (2.8) (6.7)
Net income $ 179.4 $ 88.5
Earnings per share:    
Basic $ 2.73 $ 1.35
Diluted 2.71 1.34
Cash dividends declared per share on Common Stock $ 0.46 $ 0.41