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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
NET SALES $ 3,742.7 $ 4,071.3 $ 4,409.3
Cost of Products Sold 1,341.0 1,455.3 1,700.6
GROSS PROFIT 2,401.7 2,616.0 2,708.7
Operating Expenses:      
Selling, General and Administrative Expense 766.5 890.6 978.9
Advertising and Promotion 627.0 641.8 638.7
Research and Development Expense 97.4 108.4 115.1
Other Operating Income (Expense), Net 92.1 39.0 (12.3)
EARNINGS BEFORE INTEREST AND INCOME TAXES 818.7 936.2 988.3
Interest Expense-net 105.4 65.0 60.3
EARNINGS BEFORE INCOME TAXES 713.3 871.2 928.0
Income Tax Expense (Benefit) 164.0 215.9 199.2
NET EARNINGS 549.3 655.3 728.8
Less: Net Earnings Attributable to Noncontrolling Interests 4.4 1.8 9.0
Net earnings attributable to shareholders $ 544.9 $ 653.5 $ 719.8
Earnings per Share-Basic      
Net Earnings Attributable to Shareholders (in dollars per share) $ 2.93 $ 3.28 $ 3.55
Earnings per Share-Diluted      
Net Earnings Attributable to Shareholders (in dollars per share - diluted) $ 2.92 $ 3.27 $ 3.54
Weighted Average Number of Shares Outstanding, Basic [Abstract]      
Weighted Average Number of Shares Outstanding, Basic 185.5 199.0 202.1
Weighted Average Number of Shares Outstanding, Diluted 185.8 199.4 202.7
Common Stock, Dividends, Per Share, Declared $ 1.65 $ 1.65 $ 1.50