Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2018

Accounting Policies [Abstract]

Summary of Impacts of ASU on Condensed Consolidated Financial Statements

The impacts of this ASU on our condensed consolidated financial statements for the three month period ended March 31, 2017 and as of December 31, 2017 are included in the tables below.

				New			New
	As			Revenue			Pension
	Previously			Standard			Standard			As
(in millions)	Reported			Adjustment			Adjustment			Restated
Statement of Earnings
Three Months Ended March 31, 2017
Net Sales	$	1,977.3		$	(4.9	)	$	-		$	1,972.4
Selling, general and administrative		760.8			(4.9	)		2.3			758.2
Operating expenses		1,626.9			(4.9	)		2.3			1,624.3
Operating Profit		350.4			-			(2.3	)		348.1
Other expense, net		(2.8	)		-			2.3			(0.5	)

			New
	As		Revenue
	Previously		Standard			As
(in millions)	Reported		Adjustment			Restated
Balance Sheet
December 31, 2017
Accounts receivable, less allowance for doubtful accounts	$	1,494.6	$	49.5		$	1,544.1
Inventories		2,081.8		(13.5	)		2,068.3
Prepaid expenses and other current assets		414.5		13.5			428.0
Other current liabilities		1,143.6		49.5			1,094.1