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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income    
Revenues $ 940.9 $ 959.2
Cost of goods sold 696.0 689.8
Selling and administrative expenses 150.8 150.9
Research and development expenses 10.4 11.9
Other operating income, net (1.0) (0.6)
Operating income 84.7 107.2
Interest expense, net 19.2 19.0
Loss on extinguishment of debt 0.0 8.8
Interest income (0.5) (0.7)
Other non-operating expense (income), net 3.6 (0.2)
Income from continuing operations before income taxes 62.4 80.3
Provision for income taxes 13.3 15.5
Income from continuing operations 49.1 64.8
Discontinued operations:    
Income (loss) before income taxes 4.5 (4.1)
Provision for (benefit from) income taxes 1.4 (1.1)
Income (loss) from discontinued operations 3.1 (3.0)
Net income $ 52.2 $ 61.8
Basic earnings per share attributable to common shares:    
Income from continuing operations (in dollars per share) $ 0.92 $ 1.15
(Loss) income from discontinued operations (in dollars per share) 0.06 (0.05)
Basic earnings per share (in dollars per share) 0.98 1.10
Income from continuing operations (in dollars per share) 0.91 1.14
(Loss) income from discontinued operations (in dollars per share) 0.06 (0.05)
Diluted earnings per share (in dollars per share) $ 0.97 $ 1.09
Average shares outstanding:    
Basic (in shares) 53.0 55.8
Diluted (in shares) 53.6 56.5
Comprehensive income:    
Net income $ 52.2 $ 61.8
Other comprehensive income (loss), net of tax:    
Foreign currency losses (13.3) (28.3)
Amortization of unrecognized net periodic benefit costs, net of tax 1.2 1.0
Other, net of tax (2.0) (18.2)
Other comprehensive loss (14.1) (45.5)
Comprehensive income $ 38.1 $ 16.3