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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Net sales $ 2,381,561 $ 2,249,275 $ 4,661,996 $ 4,442,720
Cost of merchandise sold 1,334,577 1,270,932 2,583,276 2,490,045
Gross profit 1,046,984 978,343 2,078,720 1,952,675
Warehousing, marketing and administrative expenses 696,912 664,343 1,385,344 1,334,314
Operating earnings 350,072 314,000 693,376 618,361
Other income and (expense):        
Interest income 796 602 1,694 1,197
Interest expense (3,201) (2,910) (6,367) (5,967)
Other non-operating income 164 156 2,146 868
Other non-operating expense (311) (1,119) (1,405) (1,217)
Total other income and (expense) (2,552) (3,271) (3,932) (5,119)
Earnings before income taxes 347,520 310,729 689,444 613,242
Income taxes 126,767 117,628 254,164 230,683
Net earnings 220,753 193,101 435,280 382,559
Less: Net earnings attributable to noncontrolling interest 3,093 2,397 5,782 4,339
Net earnings attributable to W.W. Grainger, Inc. $ 217,660 $ 190,704 $ 429,498 $ 378,220
Earnings per share        
Basic (in dollars per share) $ 3.08 $ 2.68 $ 6.07 $ 5.30
Diluted (in dollars per share) $ 3.03 $ 2.63 $ 5.97 $ 5.20
Weighted average number of shares outstanding:        
Basic (in shares) 69,664,697 69,937,085 69,613,947 70,034,142
Diluted (in shares) 70,801,050 71,307,640 70,788,203 71,480,677
Cash dividends paid per share (in dollars per share) $ 0.93 $ 0.80 $ 1.73 $ 1.46