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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net sales $ 15,320.2 $ 14,187.8 $ 12,733.1
Cost of sales (including special charges (a)) 9,154.9 8,831.0 7,615.8
Selling, general and administrative expenses 4,061.6 3,653.8 3,416.1
Special (gains) and charges 111.4 140.5 102.6
Operating income 1,992.3 1,562.5 1,598.6
Other (income) expense (b) (59.9) (24.5) (33.9)
Interest expense, net 296.7 243.6 218.3
Income before income taxes 1,755.5 1,343.4 1,414.2
Provision for income taxes 362.5 234.5 270.2
Net income including noncontrolling interest 1,393.0 1,108.9 1,144.0
Net income attributable to noncontrolling interest 20.7 17.2 14.1
Net income attributable to Ecolab $ 1,372.3 $ 1,091.7 $ 1,129.9
Earnings attributable to Ecolab per common share      
Basic (in dollars per share) $ 4.82 $ 3.83 $ 3.95
Diluted (in dollars per share) $ 4.79 $ 3.81 $ 3.91
Weighted-average common shares outstanding      
Basic (in shares) 285.0 285.2 286.3
Diluted (in shares) 286.5 286.6 289.1
Product and equipment sales      
Net sales $ 12,316.8 $ 11,446.2 $ 10,153.3
Cost of sales (including special charges (a)) 7,389.2 7,212.8 6,100.9
Service and lease sales      
Net sales 3,003.4 2,741.6 2,579.8
Cost of sales (including special charges (a)) $ 1,765.7 $ 1,618.2 $ 1,514.9