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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
NET SALES $ 977.5 $ 1,090.7 $ 3,104.3 $ 3,315.1
Cost of Products Sold 346.8 437.9 1,096.7 1,270.4
GROSS PROFIT 630.7 652.8 2,007.6 2,044.7
Operating Expenses:        
Selling, General and Administrative 216.1 240.2 679.5 715.4
Advertising and Promotion 156.1 158.9 490.7 489.2
Research and Development 26.3 28.7 79.9 82.5
Other (Income)/Expenses – net 6.2 (17.6) 17.1 (21.1)
EARNINGS BEFORE INTEREST AND INCOME TAXES 226.0 242.6 740.4 778.7
Interest Expense – net 14.8 18.3 42.5 46.0
EARNINGS BEFORE INCOME TAXES 211.2 224.3 697.9 732.7
Provision for Income Taxes 56.6 36.0 173.6 160.5
NET EARNINGS 154.6 188.3 524.3 572.2
Less Net Earnings/(Loss) Attributable to Noncontrolling Interests (0.6) 0.7 (1.2) 10.8
NET EARNINGS ATTRIBUTABLE TO SHAREHOLDERS $ 155.2 $ 187.6 $ 525.5 $ 561.4
Earnings per Share – Basic        
Net earnings attributable to shareholders (in dollars per share) $ 0.77 $ 0.93 $ 2.59 $ 2.77
Earnings per Share – Diluted        
Net earnings attributable to shareholders (in dollars per share) $ 0.77 $ 0.92 $ 2.59 $ 2.77
Weighted average shares - basic (in shares) 201.4 202.2 202.2 202.1
Weighted average shares - diluted (in shares) 201.7 202.7 202.6 202.6
Dividends declared per share (in dollars per share) $ 0.4125 $ 0.375 $ 1.2375 $ 1.125