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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
Revenues $ 1,346.9 $ 1,333.6 $ 3,892.2 $ 3,880.7
Cost of goods sold 861.7 819.2 2,480.2 2,398.5
Selling and administrative expenses 177.9 191.8 568.8 547.9
Research and development expenses 12.4 8.1 34.2 26.6
Other operating expense (income), net 1.0 (1.9) (3.5) (11.4)
Operating income 293.9 316.4 812.5 919.1
Interest expense 21.3 18.6 50.8 56.0
Interest income (6.8) (22.6) (14.6) (44.3)
Other non-operating expense (income), net 1.6 (1.1) (0.1) (1.5)
Income from continuing operations before income taxes 277.8 321.5 776.4 908.9
Provision for income taxes 64.3 74.9 167.3 206.2
Income from continuing operations 213.5 246.6 609.1 702.7
Income (loss) from discontinued operations 0.7 (2.3) 4.2 446.3
Net income $ 214.2 $ 244.3 $ 613.3 $ 1,149.0
Basic earnings per share attributable to common shares:        
Income from continuing operations (in dollars per share) $ 5.01 $ 5.36 $ 14.07 $ 14.93
Income (loss) from discontinued operations (in dollars per share) 0.01 (0.05) 0.09 9.48
Basic earnings per share (in dollars per share) 5.02 5.31 14.16 24.41
Diluted earnings per share attributable to common shares:        
Income from continuing operations (in dollars per share) 4.97 5.30 13.94 14.74
Income (loss) from discontinued operations (in dollars per share) 0.01 (0.05) 0.09 9.36
Diluted earnings per share (in dollars per share) $ 4.98 $ 5.25 $ 14.03 $ 24.10
Average shares outstanding:        
Basic (in shares) 42.5 45.9 43.2 47.0
Diluted (in shares) 42.9 46.5 43.6 47.6
Comprehensive income:        
Net income $ 214.2 $ 244.3 $ 613.3 $ 1,149.0
Other comprehensive income (loss):        
Foreign currency (losses) gains (7.4) 10.1 29.8 5.4
Other, net of tax 0.7 0.6 1.4 3.4
Other comprehensive (loss) income (6.7) 10.7 31.2 8.8
Comprehensive income $ 207.5 $ 255.0 $ 644.5 $ 1,157.8