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Consolidated Condensed Statements of Income (Unaudited) (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Consolidated Condensed Statements of Income [Abstract]        
Net sales (including excise taxes of $533, $482, $1,012 and $919, respectively) $ 1,692 $ 1,520 $ 3,227 $ 2,879
Cost of sales 1,093 978 2,085 1,860
Gross profit 599 542 1,142 1,019
Selling, general and administrative 112 [1] 97 [1] 234 [1] 192 [1]
Operating income 487 445 908 827
Investment income 1 1 2 1
Interest expense (28) (28) (56) (37)
Income before income taxes 460 418 854 791
Income taxes 169 155 315 296
Net income $ 291 $ 263 $ 539 $ 495
Earnings per share:        
Basic $ 2.05 $ 1.73 $ 3.75 $ 3.23
Diluted $ 2.05 $ 1.73 $ 3.75 $ 3.22
Weighted average number of shares outstanding:        
Basic 141.79 152.04 143.28 153.29
Diluted 141.96 152.22 143.57 153.46
[1] Includes intercompany royalties between Issuer and other subsidiaries of a corresponding amount.