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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net sales $ 938.8 $ 873.5
Costs and expenses:    
Cost of goods sold 354.2 320.4
Marketing, selling and administrative expense 285.4 270.6
Research and development expense 70.0 68.3
Interest expense 15.1 11.3
Other (income) expense, net 12.6 60.0
Total costs and expenses 737.3 730.6
Income from operations before income taxes 201.5 142.9
Income tax provision 23.4 26.7
Net income $ 178.1 $ 116.2
Basic earnings per share available to common shareholders $ 2.42 $ 1.56
Diluted earnings per share available to common shareholders $ 2.37 $ 1.54