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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Net sales $ 3,320.8 $ 3,018.6 $ 9,368.5 $ 8,724.9
Cost of sales (including special charges (a)) 2,016.7 1,769.6 5,572.7 5,125.5
Selling, general and administrative expenses 832.0 802.6 2,548.2 2,499.5
Special (gains) and charges 6.3 35.0 36.7 120.3
Operating income 465.8 411.4 1,210.9 979.6
Other (income) expense (b) (13.0) (15.1) (27.5) (45.6)
Interest expense, net (c) 76.4 134.8 173.7 241.8
Income before income taxes 402.4 291.7 1,064.7 783.4
Provision for income taxes 73.8 42.4 226.0 103.5
Net income from continuing operations including noncontrolling interest 328.6 249.3 838.7 679.9
Net income from continuing operations attributable to noncontrolling interest 4.1 3.1 9.8 12.8
Net income from continuing operations attributable to Ecolab 324.5 246.2 828.9 667.1
Net loss from discontinued operations, net of tax (Note 4) (d)       (2,172.5)
Net income (loss) attributable to Ecolab $ 324.5 $ 246.2 $ 828.9 $ (1,505.4)
Basic EPS        
Continuing operations $ 1.13 $ 0.86 $ 2.90 $ 2.32
Discontinued operations       (7.56)
Earnings attributable to Ecolab 1.13 0.86 2.90 (5.24)
Diluted EPS        
Continuing operations 1.12 0.85 2.87 2.29
Discontinued operations       (7.47)
Earnings attributable to Ecolab $ 1.12 $ 0.85 $ 2.87 $ (5.18)
Weighted-average common shares outstanding        
Basic (in shares) 286.4 285.4 286.1 287.5
Diluted (in shares) 289.2 288.4 289.0 290.8
Product and sold equipment        
Net sales $ 2,653.8 $ 2,426.4 $ 7,461.6 $ 7,017.5
Cost of sales (including special charges (a)) 1,625.1 1,405.4 4,452.9 4,071.6
Service and lease equipment        
Net sales 667.0 592.2 1,906.9 1,707.4
Cost of sales (including special charges (a)) $ 391.6 $ 364.2 $ 1,119.8 $ 1,053.9