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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net sales $ 989.8 $ 941.9 $ 2,908.3 $ 2,746.9
Costs and expenses:        
Cost of goods sold 379.2 352.2 1,094.7 1,023.6
Marketing, selling and administrative expense 281.2 272.6 853.9 821.7
Research and development expense 71.7 74.2 216.2 213.8
Interest expense 14.9 14.9 45.1 39.6
Other (income) expense, net 127.4 115.8 212.7 185.4
Total costs and expenses 874.4 829.7 2,422.6 2,284.1
Income from operations before income taxes 115.4 112.2 485.7 462.8
Income tax provision 21.3 15.8 73.8 91.0
Net income $ 94.1 $ 96.4 $ 411.9 $ 371.8
Basic earnings per share available to common shareholders $ 1.28 $ 1.30 $ 5.60 $ 5.00
Diluted earnings per share available to common shareholders $ 1.25 $ 1.27 $ 5.47 $ 4.92