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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income      
Revenues $ 6,591.9 $ 4,810.3 $ 3,969.9
Cost of goods sold 4,434.5 3,495.6 2,832.5
Selling and administrative expenses 811.5 698.2 603.2
Research and development expenses 50.8 49.9 45.4
Other operating expense (income), net 19.4 (0.9) 1.0
Operating income 1,275.7 567.5 487.8
Interest expense, net 85.9 80.3 76.6
Loss on extinguishment of debt 0.0 0.0 8.8
Interest income (7.1) (1.2) (4.7)
Other non-operating expense, net 1.3 5.9 2.9
Income from continuing operations before income taxes 1,195.6 482.5 404.2
Provision for income taxes 270.4 95.5 78.5
Income from continuing operations 925.2 387.0 325.7
Discontinued operations:      
(Loss) income before income taxes (5.4) 9.9 (8.3)
Benefit from income taxes (4.2) (24.8) (2.7)
(Loss) income from discontinued operations (1.2) 34.7 (5.6)
Net income $ 924.0 $ 421.7 $ 320.1
Basic earnings per share attributable to common shares:      
Income from continuing operations (in dollars per share) $ 17.82 $ 7.35 $ 5.95
(Loss) income from discontinued operations (in dollars per share) (0.02) 0.66 (0.10)
Basic earnings per share (in dollars per share) 17.80 8.01 5.85
Diluted earnings per share attributable to common shares:      
Income from continuing operations (in dollars per share) 17.58 7.26 5.90
(Loss) income from discontinued operations (in dollars per share) (0.02) 0.65 (0.10)
Diluted earnings per share (in dollars per share) $ 17.56 $ 7.91 $ 5.80
Average shares outstanding:      
Basic (shares) 51.8 52.5 54.5
Diluted (shares) 52.5 53.2 55.0
Comprehensive income:      
Net income $ 924.0 $ 421.7 $ 320.1
Other comprehensive (loss) income:      
Foreign currency (losses) gains (50.4) (11.9) 39.4
Amortization of unrecognized net periodic benefit costs, net of tax (1.8) 4.1 0.0
Other, net of tax (0.4) (0.4) (12.3)
Other comprehensive (loss) income (52.6) (8.2) 27.1
Comprehensive income $ 871.4 $ 413.5 $ 347.2