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Consolidated and Combined Statements of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Sales $ 6,452.7 $ 5,756.1 $ 5,378.2
Cost of sales (3,131.4) (2,834.7) (2,692.7)
Gross profit 3,321.3 2,921.4 2,685.5
Operating costs:      
Selling, general, and administrative expenses (1,728.6) (1,409.1) (1,272.8)
Research and development expenses (414.3) (369.3) (351.0)
Operating profit 1,178.4 1,143.0 1,061.7
Non-operating income (expense):      
Gain from acquisition 0.0 15.3 0.0
Interest expense, net (97.0) (88.7) (46.4)
Other non-operating expenses 3.0 (4.0) 4.8
Earnings from continuing operations before income taxes 1,078.4 1,073.6 1,010.5
Income taxes (160.1) (189.3) (270.3)
Net earnings from continuing operations 918.3 884.3 740.2
Earnings from discontinued operations, net of income taxes 1,995.5 160.2 132.1
Net earnings 2,913.8 1,044.5 872.3
Mandatory convertible preferred dividends (34.9) 0.0 0.0
Net earnings attributable to common stockholders $ 2,878.9 $ 1,044.5 $ 872.3
Net earnings per common share from continuing operations:      
Net earnings per share from continuing operations, Basic (in dollars per share) $ 2.56 $ 2.54 $ 2.14
Net earnings per share from continuing operations, Diluted (in dollars per share) 2.52 2.51 2.13
Net earnings per share from discontinued operations:      
Net earnings per share from discontinued operations, Basic (in dollars per share) 5.78 0.46 0.38
Net earnings per share from discontinued operations, Diluted (in dollars per share) 5.69 0.45 0.38
Net earnings per share:      
Net earnings per share, Basic (in dollars per share) 8.33 3.01 2.52
Net earnings per share, Diluted (in dollars per share) $ 8.21 $ 2.96 $ 2.51
Average common stock and common equivalent shares outstanding:      
Average common stock and common equivalent shares outstanding, Basic (in shares) 345.5 347.5 345.7
Average common stock and common equivalent shares outstanding, Diluted (in shares) 350.7 352.6 347.3
Products      
Sales $ 5,755.0 $ 5,173.3 $ 4,814.0
Cost of sales (2,657.2) (2,440.3) (2,302.7)
Services      
Sales 697.7 582.8 564.2
Cost of sales $ (474.2) $ (394.4) $ (390.0)