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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Net Sales $ 3,776.2 $ 3,493.1 $ 3,394.8
Cost of sales 2,046.6 1,902.5 1,883.0
Gross Profit 1,729.6 1,590.6 1,511.8
Marketing expenses 454.2 427.2 417.5
Selling, general and administrative expenses 542.7 439.2 420.1
Income from Operations 732.7 724.2 674.2
Equity in earnings (losses) of affiliates 10.8 9.2 (5.8)
Investment earnings 2.1 1.7 1.5
Other income (expense), net (0.3) (1.5) (4.0)
Interest expense (52.6) (27.7) (30.5)
Income before Income Taxes 692.7 705.9 635.4
Income taxes (50.7) 246.9 225.0
Net Income $ 743.4 $ 459.0 $ 410.4
Weighted average shares outstanding - Basic 250.6 257.6 262.2
Weighted average shares outstanding - Diluted 256.1 262.1 267.2
Net income per share - Basic $ 2.97 $ 1.78 $ 1.57
Net income per share - Diluted 2.90 1.75 1.54
Cash dividends per share $ 0.76 $ 0.71 $ 0.67