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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Revenues $ 5,019.9 $ 5,003.6 $ 4,586.9
Cost of goods sold 3,227.3 3,115.9 2,952.7
Selling and administrative expenses 745.4 722.8 625.2
Research and development expenses 47.1 35.4 28.7
Other operating expense (income), net (2.4) (13.6) (2.5)
Operating income 1,002.5 1,143.1 982.8
Interest expense 78.5 73.3 75.6
Interest income (25.9) (60.3) (20.1)
Other non-operating expense (income), net 1.1 19.2 (3.1)
Income from continuing operations before income taxes 948.8 1,110.9 930.4
Provision for income taxes 206.3 245.8 211.5
Income from continuing operations 742.5 865.1 718.9
Income (loss) from discontinued operations (1.8) 446.7 48.5
Net income $ 740.7 $ 1,311.8 $ 767.4
Basic earnings per share attributable to common shares:      
Income from continuing operations (in dollars per share) $ 17.31 $ 18.58 $ 14.38
Income (loss) from discontinued operations (in dollars per share) (0.04) 9.59 0.97
Basic earnings per share (in dollars per share) 17.27 28.17 15.35
Diluted earnings per share attributable to common shares:      
Income from continuing operations (in dollars per share) 17.16 18.34 14.22
Income (loss) from discontinued operations (in dollars per share) (0.04) 9.48 0.96
Diluted earnings per share (in dollars per share) $ 17.12 $ 27.82 $ 15.18
Average shares outstanding:      
Basic (in shares) 42.8 46.5 49.9
Diluted (in shares) 43.2 47.1 50.4
Comprehensive income:      
Net income $ 740.7 $ 1,311.8 $ 767.4
Other comprehensive income (loss):      
Foreign currency gains (losses) 36.9 (22.9) 46.1
Amortization of unrecognized net periodic benefit costs, net of tax 1.9 20.7 (1.3)
Other, net of tax 1.3 3.2 1.9
Other comprehensive income (loss) 40.1 1.0 46.7
Comprehensive income $ 780.8 $ 1,312.8 $ 814.1