| Net sales |
2,551.2 |
2,456.9 |
2,333.2 |
| Cost of sales |
1,480.7 |
1,421.2 |
1,414.7 |
| Gross profit |
1,070.5 |
1,035.7 |
918.5 |
| Operating expenses: |
| Selling, technical, general and administrative |
660.7 |
628.8 |
596.8 |
| Research and development |
67.6 |
63.0 |
68.1 |
| Goodwill impairment |
- |
- |
80.0 |
| Total operating expenses |
728.3 |
691.8 |
744.9 |
| Operating profit |
342.2 |
343.9 |
173.6 |
| Other (expense) income: |
| Interest expense, net |
(53.4) |
(46.3) |
(49.3) |
| Foreign exchange gain (loss) |
(35.3) |
25.1 |
7.9 |
| Other income (expense), net |
(46.9) |
(25.0) |
(3.1) |
| (Loss) gain on divestitures |
59.0 |
- |
- |
| Total other expense |
(76.6) |
(56.2) |
(44.5) |
| Income (loss) before income taxes and non-controlling interests |
265.6 |
287.7 |
129.1 |
| Income tax (expense) benefit |
(74.6) |
(44.8) |
(13.0) |
| Net loss from continuing operations |
191.0 |
242.9 |
116.1 |
| Income (loss) from discontinued operations, net of tax |
- |
1.6 |
2.1 |
| Net income (loss) |
191.0 |
244.5 |
118.2 |
| Net loss attributable to non-controlling interests |
(0.2) |
(0.3) |
(0.1) |
| Net income (loss) attributable to common stockholders |
190.8 |
244.2 |
118.1 |
| |
| Earnings (loss) per share |
| Basic from continuing operations |
$0.79 |
$1.00 |
$0.48 |
| Basic from discontinued operations |
- |
$0.01 |
$0.01 |
| Basic attributable to common stockholders |
$0.79 |
$1.01 |
$0.49 |
| |
| Diluted from continuing operations |
$0.79 |
$1.00 |
$0.48 |
| Diluted from discontinued operations |
- |
$0.01 |
$0.01 |
| Diluted attributable to common stockholders |
$0.79 |
$1.01 |
$0.49 |
| |
| Weighted average common shares outstanding |
|
|
|
| Basic |
242.0 |
242.1 |
241.4 |
| Diluted |
242.4 |
242.6 |
245.8 |