XML 13 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net sales $ 1,368.4 $ 1,267.9 $ 2,677.7 $ 2,453.7
Cost of sales 727.2 650.2 1,411.8 1,258.4
Gross profit 641.2 617.7 1,265.9 1,195.3
Operating and administrative expenses 366.7 349.3 730.3 692.0
Gain on sale of property and equipment (0.5) (0.6) (0.8) (0.2)
Operating income 275.0 269.0 536.4 503.5
Interest income 0.1 0.1 0.2 0.2
Interest expense (3.7) (3.2) (7.7) (5.9)
Earnings before income taxes 271.4 265.9 528.9 497.8
Income tax expense 66.8 54.7 130.2 112.3
Net earnings $ 204.6 $ 211.2 $ 398.7 $ 385.5
Basic net earnings per share (in dollars per share) $ 0.36 $ 0.37 $ 0.70 $ 0.67
Diluted net earnings per share (in dollars per share) $ 0.36 $ 0.37 $ 0.69 $ 0.67
Basic weighted average shares outstanding (in shares) 573,159,138 574,280,852 572,669,693 574,783,228
Diluted weighted average shares outstanding (in shares) 574,551,349 574,514,974 573,775,059 575,118,936