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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
NET SALES $ 941.5 $ 1,032.4 $ 1,903.6 $ 2,126.8
Cost of Products Sold 333.2 356.4 680.8 749.9
GROSS PROFIT 608.3 676.0 1,222.8 1,376.9
Operating Expenses:        
Selling, General and Administrative 206.7 230.2 405.6 463.4
Advertising and Promotion 166.0 190.2 317.8 334.6
Research and Development 26.4 27.7 51.8 53.6
Other Operating (Income) Expense, Net (5.2) (1.3) 83.1 10.9
EARNINGS BEFORE INTEREST AND INCOME TAXES 214.4 229.2 364.5 514.4
Interest Expense—net 26.4 13.9 52.6 27.7
EARNINGS BEFORE INCOME TAXES 188.0 215.3 311.9 486.7
Provision for Income Taxes 32.2 52.7 79.4 117.0
NET EARNINGS 155.8 162.6 232.5 369.7
Less Net Earnings/(Loss) Attributable to Noncontrolling Interests 0.7 (0.3) 4.7 (0.6)
NET EARNINGS ATTRIBUTABLE TO SHAREHOLDERS $ 155.1 $ 162.9 $ 227.8 $ 370.3
Earnings per Share—Basic        
Net earnings attributable to shareholders (in dollars per share) $ 0.83 $ 0.80 $ 1.22 $ 1.83
Earnings per Share—Diluted        
Net earnings attributable to shareholders (in dollars per share) $ 0.83 $ 0.80 $ 1.21 $ 1.82
Weighted average shares - basic (in shares) 186.7 202.7 186.6 202.5
Weighted average shares - diluted (in shares) 187.0 203.1 186.9 203.1
Dividends declared per share (in dollars per share) $ 0.4125 $ 0.4125 $ 0.8250 $ 0.8250