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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, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Net sales $ 2,506,104 $ 2,381,561 $ 4,891,731 $ 4,661,996
Cost of merchandise sold 1,425,418 1,334,577 2,735,074 2,583,276
Gross profit 1,080,686 1,046,984 2,156,657 2,078,720
Warehousing, marketing and administrative expenses 739,935 696,912 1,461,567 1,385,344
Operating earnings 340,751 350,072 695,090 693,376
Other income and (expense):        
Interest income 413 796 1,053 1,694
Interest expense (2,757) (3,201) (5,620) (6,367)
Other non-operating income 177 164 345 2,146
Other non-operating expense (159) (311) (830) (1,405)
Total other expense (2,326) (2,552) (5,052) (3,932)
Earnings before income taxes 338,425 347,520 690,038 689,444
Income taxes 129,348 126,767 261,906 254,164
Net earnings 209,077 220,753 428,132 435,280
Less: Net earnings attributable to noncontrolling interest 3,162 3,093 5,564 5,782
Net earnings attributable to W.W. Grainger, Inc. $ 205,915 $ 217,660 $ 422,568 $ 429,498
Earnings per share:        
Basic (in dollars per share) $ 2.97 $ 3.08 $ 6.08 $ 6.07
Diluted (in dollars per share) $ 2.94 $ 3.03 $ 6.00 $ 5.97
Weighted average number of shares outstanding:        
Basic (in shares) 68,453,602 69,664,697 68,576,232 69,613,947
Diluted (in shares) 69,341,885 70,801,050 69,509,125 70,788,203
Cash dividends paid per share (in dollars per share) $ 1.08 $ 0.93 $ 2.01 $ 1.73