XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net sales $ 3,580.6 $ 3,162.7 $ 6,847.3 $ 6,047.7
Cost of sales (including special charges (a)) 2,211.1 1,844.0 4,284.5 3,556.0
Selling, general and administrative expenses 940.1 853.3 1,854.8 1,716.2
Special (gains) and charges 3.6 17.6 27.7 30.4
Operating income 425.8 447.8 680.3 745.1
Other (income) expense (19.5) 2.5 (38.3) (14.5)
Interest expense, net 56.0 45.6 109.0 97.3
Income before income taxes 389.3 399.7 609.6 662.3
Provision for income taxes 76.6 86.1 122.2 152.2
Net income including noncontrolling interest 312.7 313.6 487.4 510.1
Net income attributable to noncontrolling interest 4.4 2.8 7.2 5.7
Net income attributable to Ecolab $ 308.3 $ 310.8 $ 480.2 $ 504.4
Earnings attributable to Ecolab per common share        
Basic (in dollars per share) $ 1.08 $ 1.09 $ 1.68 $ 1.76
Diluted (in dollars per share) $ 1.08 $ 1.08 $ 1.67 $ 1.75
Weighted-average common shares outstanding        
Basic (in shares) 285.1 286.0 285.7 286.0
Diluted (in shares) 286.6 288.8 287.4 288.9
Product and equipment sales        
Net sales $ 2,886.8 $ 2,514.4 $ 5,510.9 $ 4,807.8
Cost of sales (including special charges (a)) 1,799.0 1,464.9 3,494.6 2,827.8
Service and lease sales        
Net sales 693.8 648.3 1,336.4 1,239.9
Cost of sales (including special charges (a)) $ 412.1 $ 379.1 $ 789.9 $ 728.2