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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 2,864 $ 2,812 $ 5,477 $ 5,316
Cost of sales 1,302 1,186 2,463 2,292
Gross profit 1,562 1,626 3,014 3,024
Selling, general and administrative expenses 1,001 1,028 2,029 1,939
Other operating (income) expense, net 0 11 (42) 0
Income from operations 561 587 1,027 1,085
Interest expense 157 170 310 339
Loss on early extinguishment of debt 2 0 4 9
Impairment on investment and note receivable of unconsolidated affiliate 0 0 86 0
Other (income) expense, net (4) 1 16 6
Income before provision for income taxes 406 416 611 731
Provision for income taxes 108 102 157 187
Net income $ 298 $ 314 $ 454 $ 544
Earnings per common share:        
Basic (in dollars per share) $ 0.21 $ 0.22 $ 0.32 $ 0.39
Diluted (in dollars per share) $ 0.21 $ 0.22 $ 0.32 $ 0.38
Weighted average common shares outstanding:        
Basic (in shares) 1,407.2 1,406.7 1,407.1 1,406.5
Diluted (in shares) 1,421.5 1,419.2 1,420.8 1,418.5