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Consolidated Statements of Earnings and Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Consolidated Statements of Earnings and Comprehensive Income      
Net sales $ 3,675.4 $ 3,543.2 $ 3,204.0
Cost of goods sold 2,518.1 2,536.5 2,384.5
Selling and administrative expenses 532.0 461.9 379.0
Research and development expenses 48.1 42.8 33.8
Impairment charges 141.5    
Other (income) expense, net (5.4) 0.1 (1.6)
Earnings before interest and income taxes 441.1 501.9 408.3
Interest expense, net 30.6 34.0 32.2
Earnings before income taxes from continuing operations 410.5 467.9 376.1
Income tax expense 159.7 148.3 124.4
Income from continuing operations 250.8 319.6 251.7
Discontinued operations      
(Loss) income before income taxes (1.1) 0.1 (2.1)
Income tax benefit (0.4)   (1.7)
(Loss) income from discontinued operations (0.7) 0.1 (0.4)
Net income $ 250.1 $ 319.7 $ 251.3
Basic earnings (loss) per share attributable to common shares:      
Income from continuing operations $ 3.87 $ 4.89 $ 3.89
Loss from discontinued operations (0.01)    
Basic earnings per share 3.86 4.89 3.89
Diluted earnings (loss) per share attributable to common shares:      
Income from continuing operations 3.83 4.82 3.83
Loss from discontinued operations (0.01)   (0.01)
Diluted earnings per share $ 3.82 $ 4.82 $ 3.82
Comprehensive Income      
Net income $ 250.1 $ 319.7 $ 251.3
Other comprehensive income (loss) (Note )      
Change in foreign currency translation (36.7) (29.6) (26.1)
Change in accrued post-retirement benefit liability, net of tax 1.0 4.6 (3.8)
Other, net of tax 0.6 (0.3) (0.4)
Other comprehensive income (35.1) (25.3) (30.3)
Comprehensive income $ 215.0 $ 294.4 $ 221.0