XML 16 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Net sales $ 8,603.9 $ 8,287.1 $ 7,355.9
Cost of sales 5,912.0 5,654.2 5,241.2
Gross profit 2,691.9 2,632.9 2,114.7
Selling, general and administrative expenses 2,021.3 1,960.0 1,519.8
Restructuring costs, net 12.1 7.7 22.0
Impairment of goodwill, intangibles and other assets 150.8 25.4  
Operating earnings (loss) 507.7 639.8 572.9
Interest expense, net 226.1 210.3 195.4
Loss on early extinguishment of debt   56.7 25.9
Income before taxes 281.6 372.8 351.6
Income tax provision 135.1 130.3 147.7
Net income (loss) $ 146.5 $ 242.5 $ 203.9
Earnings per share:      
Basic $ 0.75 $ 1.31 $ 1.20
Diluted $ 0.72 $ 1.28 $ 1.18
Weighted average shares outstanding:      
Basic 195.8 185.3 170.6
Diluted 204.5 189.8 172.5