v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Net sales $ 932.6 $ 1,123.1 $ 1,969.3 $ 2,133.5
Cost of goods sold 537.6 666.5 1,140.9 1,273.6
Gross profit 395.0 456.6 828.4 859.9
Selling, general and administrative 204.8 213.8 403.7 390.4
Research and development 23.7 25.1 48.2 48.7
Operating income 166.5 217.7 376.5 420.8
Other expense        
Loss on sale of business 0.0 26.3 0.0 26.3
Net interest expense 19.4 17.9 39.5 37.6
Other expense 0.2 1.0 0.7 1.5
Income from continuing operations before income taxes 146.9 172.5 336.3 355.4
Provision for income taxes 18.3 24.0 46.9 52.0
Net income from continuing operations 128.6 148.5 289.4 303.4
Income from discontinued operations, net of tax 0.0 0.0 11.6 0.0
Net income 128.6 148.5 301.0 303.4
Comprehensive income, net of tax        
Net income 128.6 148.5 301.0 303.4
Changes in cumulative translation adjustment 0.0 60.1 (12.0) 84.7
Changes in market value of derivative financial instruments, net of tax (1.4) (60.6) 17.2 (82.2)
Comprehensive income $ 127.2 $ 148.0 $ 306.2 $ 305.9
Basic        
Continuing operations (in dollars per share) $ 0.80 $ 0.90 $ 1.79 $ 1.84
Discontinued operations (in dollars per share) 0 0 0.07 0
Basic earnings per ordinary share (in dollars per share) 0.80 0.90 1.86 1.84
Diluted        
Continuing operations (in dollars per share) 0.80 0.90 1.78 1.83
Discontinued operations (in dollars per share) 0 0 0.07 0
Diluted earnings per ordinary share (in dollars per share) $ 0.80 $ 0.90 $ 1.85 $ 1.83
Weighted average ordinary shares outstanding        
Basic (shares) 160.8 164.5 161.7 164.7
Diluted (shares) 161.6 165.7 162.6 166.0