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Condensed Consolidated Statements Of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Net sales $ 1,521.0 $ 1,474.7 $ 2,753.2 $ 2,715.5
Cost of products sold 912.6 892.0 1,675.5 1,659.2
GROSS MARGIN 608.4 582.7 1,077.7 1,056.3
Selling, general and administrative expenses 383.5 365.3 735.6 706.7
Restructuring costs 11.5 32.0 23.5 66.4
OPERATING INCOME 213.4 185.4 318.6 283.2
Nonoperating expenses:        
Interest expense, net 15.0 15.0 29.4 29.6
Other (income) expense, net (2.6) 4.2 37.4 17.2
Net nonoperating expenses 12.4 19.2 66.8 46.8
INCOME BEFORE INCOME TAXES 201.0 166.2 251.8 236.4
Income Tax Expense 51.9 49.6 50.6 56.0
INCOME FROM CONTINUING OPERATIONS 149.1 116.6 201.2 180.4
Income (loss) from Discontinued Operations, Net of Tax 1.5 (6.8) 2.3 (16.4)
NET INCOME $ 150.6 $ 109.8 $ 203.5 $ 164.0
Weighted average shares outstanding:        
Basic 277.4 290.9 279.1 290.4
Diluted 279.7 294.3 281.7 293.7
Earnings per share:        
Income from Continuing Operations, Per Basic Share $ 0.54 $ 0.40 $ 0.72 $ 0.62
Income (loss) from Discontinued Operations, Net of Tax, Per Basic Share $ 0.01 $ (0.02) $ 0.01 $ (0.06)
Net income, Per Basic Share $ 0.54 $ 0.38 $ 0.73 $ 0.56
Income from Continuing Operations, Per Diluted Share $ 0.53 $ 0.40 $ 0.71 $ 0.61
Income (loss) from Discontinued Operations, Net of Tax, Per Diluted Share $ 0.01 $ (0.02) $ 0.01 $ (0.06)
Net income, Per Diluted Share $ 0.54 $ 0.37 $ 0.72 $ 0.56
Dividends per share $ 0.17 $ 0.15 $ 0.32 $ 0.30