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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
NET SALES [1] $ 7,656.1 $ 6,090.3 $ 5,764.6
Cost of products sold 4,909.1 3,925.9 3,712.2
Selling, general and administrative expenses 1,579.0 1,282.6 1,256.3
Amortization of intangible assets 64.1 42.0 41.4
Asset impairment charges   22.5 41.5
Restructuring charges 13.5 15.9 14.7
OPERATING INCOME 1,090.4 801.4 698.5
Interest expense 84.4 83.9 94.2
Other expense (income), net 0.9 (13.3) 29.0
Income before taxes 1,005.1 730.8 575.3
Income taxes 232.7 168.8 144.0
Income after tax 772.4 562.0 431.3
Equity in losses of affiliate 0.0 7.6 0.0
NET INCOME 772.4 554.4 431.3
Less: Noncontrolling interests   1.3 (0.6)
NET INCOME ATTRIBUTABLE TO FORTUNE BRANDS $ 772.4 $ 553.1 $ 431.9
BASIC EARNINGS PER COMMON SHARE $ 5.62 $ 3.99 $ 3.09
DILUTED EARNINGS PER COMMON SHARE $ 5.54 $ 3.94 $ 3.06
Basic average number of shares outstanding [2] 137.5 138.7 139.9
Diluted average number of shares outstanding [2] 139.5 140.2 141.3
[1] Based on country of destination
[2] Reflects the impact of share repurchases during the years ended December 31, 2021, 2020 and 2019, respectively.