XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]        
Net sales $ 1,889.0 $ 1,796.7 $ 3,465.5 $ 3,491.8
Cost of sales 1,573.9 1,504.3 2,907.8 2,909.9
Gross income 315.1 292.4 557.7 581.9
Operating expenses:        
Selling, general and administrative 172.0 157.4 317.4 330.8
Amortization of purchased intangibles 2.3 1.4 3.6 8.4
Total operating expenses 174.3 158.8 321.0 339.2
Operating income 140.8 133.6 236.7 242.7
Other income (expense):        
Interest expense (11.8) (22.3) (23.8) (35.4)
Interest income 0.6 1.6 1.2 2.9
Miscellaneous, net 3.1 (5.8) 1.6 (6.2)
Income before income taxes and earnings (losses) of unconsolidated affiliates 132.7 107.1 215.7 204.0
Provision for income taxes 33.2 38.3 46.4 59.0
Income before earnings (losses) of unconsolidated affiliates 99.5 68.8 169.3 145.0
Equity in earnings (losses) of unconsolidated affiliates 0.1 (0.2) (0.2) (0.7)
Net income $ 99.6 $ 68.6 $ 169.1 $ 144.3
Earnings per share:        
Basic $ 1.45 $ 1.00 $ 2.48 $ 2.12
Diluted 1.44 0.99 2.45 2.09
Cash dividends declared per share on Common Stock $ 0.33 $ 0.30 $ 0.66 $ 0.60