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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Net sales $ 2,732.1 $ 2,846.9 $ 5,044.9 $ 5,390.7
Cost of sales 2,207.6 2,300.8 4,120.5 4,374.6
Gross income 524.5 546.1 924.4 1,016.1
Operating expenses:        
Selling, general and administrative 213.3 220.0 424.3 416.8
Amortization of purchased intangibles 13.8 13.6 27.3 27.1
Intangible asset impairments 5.7 51.6 5.7 51.6
Total operating expenses 232.8 285.2 457.3 495.5
Operating income 291.7 260.9 467.1 520.6
Other income (expense):        
Interest expense (30.1) (32.0) (57.1) (54.4)
Interest income 2.0 1.7 4.0 3.3
Miscellaneous, net 7.3 (1.5) 7.8 (3.5)
Income before income taxes and losses of unconsolidated affiliates 270.9 229.1 421.8 466.0
Provision for income taxes 65.2 53.5 102.0 108.2
Income before losses of unconsolidated affiliates 205.7 175.6 319.8 357.8
Losses of unconsolidated affiliates (0.9) (7.0) (2.8) (9.8)
Net income $ 204.8 $ 168.6 $ 317.0 $ 348.0
Earnings per share:        
Basic $ 3.17 $ 2.57 $ 4.9 $ 5.3
Diluted 3.16 2.56 4.88 5.27
Cash dividends declared per share on Common Stock $ 0.51 $ 0.46 $ 1.02 $ 0.92