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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net sales $ 3,759.4 $ 3,689.6 $ 7,264.8 $ 7,160.5
Cost of sales (including special charges of (a)) 2,208.2 2,146.1 4,297.8 4,218.4
Selling, general and administrative expenses 1,002.7 1,036.8 2,011.0 2,055.1
Special (gains) and charges 49.9 12.1 90.2 38.1
Operating income 498.6 494.6 865.8 848.9
Other (income) expense (20.9) (19.6) (42.1) (39.0)
Interest expense, net 49.5 56.3 98.9 112.7
Income before income taxes 470.0 457.9 809.0 775.2
Provision for income taxes 97.8 104.3 136.4 173.4
Net income including noncontrolling interest 372.2 353.6 672.6 601.8
Net income attributable to noncontrolling interest 3.6 2.3 7.5 3.2
Net income attributable to Ecolab $ 368.6 $ 351.3 $ 665.1 $ 598.6
Earnings attributable to Ecolab per common share        
Basic (in dollars per share) $ 1.28 $ 1.22 $ 2.31 $ 2.07
Diluted (in dollars per share) $ 1.26 $ 1.20 $ 2.28 $ 2.04
Weighted-average common shares outstanding        
Basic (in shares) 287.6 288.8 287.9 288.7
Diluted (in shares) 292.1 293.3 292.2 293.0
Product and sold equipment        
Net sales $ 3,092.1 $ 3,060.5 $ 5,978.4 $ 5,920.1
Cost of sales (including special charges of (a)) 1,805.8 1,751.6 3,515.8 3,447.8
Service and lease equipment        
Net sales 667.3 629.1 1,286.4 1,240.4
Cost of sales (including special charges of (a)) $ 402.4 $ 394.5 $ 782.0 $ 770.6