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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Net sales $ 979.7 $ 931.5 $ 1,918.5 $ 1,805.0
Costs and expenses:        
Cost of goods sold 361.3 351.0 715.5 671.4
Marketing, selling and administrative expense 287.3 278.5 572.7 549.1
Research and development expense 74.5 71.3 144.5 139.6
Interest expense 15.1 13.4 30.2 24.7
Other (income) expense, net 72.7 9.6 85.3 69.6
Total costs and expenses 810.9 723.8 1,548.2 1,454.4
Income from operations before income taxes 168.8 207.7 370.3 350.6
Income tax provision 29.1 48.5 52.5 75.2
Net income $ 139.7 $ 159.2 $ 317.8 $ 275.4
Basic earnings per share available to common shareholders $ 1.90 $ 2.14 $ 4.32 $ 3.70
Diluted earnings per share available to common shareholders $ 1.86 $ 2.11 $ 4.23 $ 3.64