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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net Sales $ 1,455.9 $ 1,317.3 $ 4,339.9 $ 3,939.6
Cost of sales 809.6 767.6 2,432.7 2,292.1
Gross Profit 646.3 549.7 1,907.2 1,647.5
Marketing expenses 167.8 140.7 422.3 345.5
Selling, general and administrative expenses 222.7 155.1 643.6 505.8
Income from Operations 255.8 253.9 841.3 796.2
Equity in earnings of affiliates 1.7 3.7 8.1 10.0
Other income (expense), net 3.7 0.6 6.7 0.6
Interest expense (27.2) (23.7) (83.9) (59.6)
Income before Income Taxes 234.0 234.5 772.2 747.2
Income taxes 56.5 47.4 170.3 168.6
Net Income $ 177.5 $ 187.1 $ 601.9 $ 578.6
Weighted average shares outstanding - Basic 246.0 242.8 244.9 242.7
Weighted average shares outstanding - Diluted 248.7 246.0 247.8 246.4
Net income per share - Basic $ 0.72 $ 0.77 $ 2.46 $ 2.38
Net income per share - Diluted 0.71 0.76 2.43 2.35
Cash dividends per share $ 0.27 $ 0.26 $ 0.82 $ 0.79