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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net sales $ 2,256.3 $ 2,142.2 $ 5,993.5 $ 5,849.1
Cost of sales 1,562.8 1,468.9 4,192.0 4,059.4
Gross profit 693.5 673.3 1,801.5 1,789.7
Selling, general and administrative expenses 443.3 442.7 1,388.0 1,303.2
Restructuring costs, net 0.5 0.5 5.0 3.1
Operating earnings (loss) 249.7 230.1 408.5 483.4
Interest expense, net 57.2 52.7 162.0 159.6
Loss on early extinguishment of debt       54.4
Income before taxes 192.5 177.4 246.5 269.4
Income tax provision 72.3 68.8 95.9 105.0
Net income (loss) $ 120.2 $ 108.6 $ 150.6 $ 164.4
Earnings per share:        
Basic $ 0.60 $ 0.59 $ 0.79 $ 0.89
Diluted $ 0.57 $ 0.58 $ 0.75 $ 0.87
Weighted average shares outstanding:        
Basic 200.1 184.3 190.6 185.6
Diluted 209.3 187.7 199.5 189.5