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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
NET SALES [1] $ 4,626.2 $ 4,723.0 $ 4,801.1
Cost of products sold 2,714.8 2,790.1 2,840.6
Selling, general and administrative expenses 1,168.4 1,077.9 1,093.7
Amortization of intangible assets 62.1 48.3 46.4
Asset impairment charges 33.5 0.0 0.0
Restructuring charges 32.5 32.4 9.3
OPERATING INCOME 614.9 774.3 811.1
Interest expense 116.5 119.2 84.3
Other expense (income), net (19.5) (12.0) 0.4
Income from continuing operations before income taxes 517.9 667.1 726.4
Income taxes 112.4 127.2 166.7
Income from continuing operations, net of tax 405.5 539.9 559.7
Income (loss) from discontinued operations, net of tax (1.0) 146.8 212.7
NET INCOME $ 404.5 $ 686.7 $ 772.4
BASIC EARNINGS PER COMMON SHARE      
Continuing operations $ 3.2 $ 4.14 $ 4.07
Discontinued operations (0.01) 1.13 1.55
Basic earnings per share attributable to Fortune Brands 3.19 5.27 5.62
DILUTED EARNINGS PER COMMON SHARE      
Continuing operations 3.17 4.11 4.01
Discontinued operations 0 1.12 1.53
Diluted earnings per share attributable to Fortune Brands $ 3.17 $ 5.23 $ 5.54
Basic average number of shares outstanding [2] 126.9 130.3 137.5
Diluted average number of shares outstanding [2] 127.7 131.3 139.5
[1] Based on country of destination
[2] Reflects the impact of share repurchases during the years ended December 30, 2023, and December 31, 2022 and 2021, respectively.