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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Net Sales $ 4,145.9 $ 3,776.2 $ 3,493.1
Cost of sales 2,305.1 2,046.6 1,902.5
Gross Profit 1,840.8 1,729.6 1,590.6
Marketing expenses 483.2 454.2 427.2
Selling, general and administrative expenses 565.9 542.7 439.2
Income from Operations 791.7 732.7 724.2
Equity in earnings of affiliates 9.2 10.8 9.2
Investment earnings 1.9 2.1 1.7
Other income (expense), net (3.9) (0.3) (1.5)
Interest expense (79.4) (52.6) (27.7)
Income before Income Taxes 719.5 692.7 705.9
Income taxes 150.9 (50.7) 246.9
Net Income $ 568.6 $ 743.4 $ 459.0
Weighted average shares outstanding - Basic 245.5 250.6 257.6
Weighted average shares outstanding - Diluted 250.7 256.1 262.1
Net income per share - Basic $ 2.32 $ 2.97 $ 1.78
Net income per share - Diluted 2.27 2.90 1.75
Cash dividends per share $ 0.87 $ 0.76 $ 0.71