XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Income Statement - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue $ 3,348 $ 3,171
Cost of goods sold 1,991 1,877
Gross margin 1,357 1,294
Selling, general and administrative expenses 924 849
Restructuring and transaction related expenses 3 8
Depreciation and amortization 59 66
Operating income 371 371
Other expense (income):    
Interest expense, net of interest income 15 24
Other income, net 0 (6)
Total other expense, net 15 18
Income from continuing operations before provision for income taxes 356 353
Provision for income taxes 89 93
Equity in earnings of unconsolidated subsidiaries 2 6
Income from continuing operations 269 266
Net income from discontinued operations 4 0
Net income $ 273 $ 266
Basic earnings per share: (1)    
Income from continuing operations $ 0.94 $ 0.88
Net income from discontinued operations 0.02 0
Net income 0.96 0.88
Diluted earnings per share: (1)    
Income from continuing operations 0.94 0.88
Net income from discontinued operations 0.02 0
Net income $ 0.95 $ 0.88