XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Net Sales $ 5,867.9 $ 5,375.6 $ 5,190.1
Cost of sales 3,279.4 3,125.6 2,926.6
Gross Profit 2,588.5 2,250.0 2,263.5
Marketing expenses 641.3 535.2 577.7
Selling, general and administrative expenses 889.8 1,117.0 606.7
Income from Operations 1,057.4 597.8 1,079.1
Equity in earnings of affiliates 8.7 12.3 9.4
Other income (expense), net 12.2 2.8 (2.3)
Interest expense (110.9) (89.6) (54.5)
Income before Income Taxes 967.4 523.3 1,031.7
Income taxes 211.8 109.4 204.2
Net Income $ 755.6 $ 413.9 $ 827.5
Weighted average shares outstanding - Basic 244,900,000 242,900,000 244,900,000
Weighted average shares outstanding - Diluted 247,600,000 246,300,000 249,600,000
Net income per share - Basic $ 3.09 $ 1.7 $ 3.38
Net income per share - Diluted 3.05 1.68 3.32
Cash dividends per share $ 1.09 $ 1.05 $ 1.01