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Quarterly Data - Unaudited
12 Months Ended
Dec. 31, 2019
Quarterly Data [Abstract]  
Quarterly Data - Unaudited
NOTE 21. QUARTERLY DATA - UNAUDITED
($ in millions, except per share data)
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
2019:
 
 
 
 
 
 
 
Sales
$
1,592.9

 
$
1,864.7

 
$
1,860.0

 
$
2,002.4

Gross profit
812.7

 
904.0

 
927.7

 
1,035.9

Operating profit
217.3

 
249.5

 
242.1

 
295.2

Earnings from continuing operations, net of income taxes
164.0

 
175.3

 
207.3

 
178.8

Earnings (loss) from discontinued operations, net of income taxes
0.4

 
(0.7
)
 
(0.2
)
 
14.0

Net earnings
$
164.4

 
$
174.6

 
$
207.1

 
$
192.8

Earnings per common share - basic:
 
 
 
 
 
 
 
Continuing operations
$
0.44

 
$
0.47

 
$
0.57

 
$
0.48

Discontinued operations

 

 

 
0.04

Total earnings per common share - basic
$
0.44

 
$
0.47

 
$
0.56

 
$
0.52

Earnings per common share - diluted:
 
 
 
 
 
 
 
Continuing operations
$
0.43

 
$
0.47

 
$
0.56

 
$
0.48

Discontinued operations

 

 

 
0.04

Total earnings per common share - diluted
$
0.43

 
$
0.46

 
$
0.56

 
$
0.52

 
 
 
 
 
 
 
 
2018:
 
 
 
 
 
 
 
Sales
$
1,492.2

 
$
1,601.8

 
$
1,601.2

 
$
1,757.5

Gross profit
766.3

 
830.8

 
825.9

 
898.3

Operating profit
277.9

 
324.4

 
281.6

 
294.5

Earnings from continuing operations, net of income taxes
214.0

 
250.2

 
214.0

 
240.1

Earnings from discontinued operations, net of income taxes
47.2

 
44.8

 
31.3

 
1,872.2

Net earnings
$
261.2

 
$
295.0

 
$
245.3

 
$
2,112.3

Earnings per common share - basic:
 
 
 
 
 
 
 
Continuing operations
$
0.61

 
$
0.72

 
$
0.56

 
$
0.67

Discontinued operations
0.14

 
0.13

 
0.09

 
5.60

Total earnings per common share - basic
$
0.75

 
$
0.84

 
$
0.65

 
$
6.26

Earnings per common share - diluted:
 
 
 
 
 
 
 
Continuing operations
$
0.61

 
$
0.70

 
$
0.55

 
$
0.66

Discontinued operations
0.13

 
0.13

 
0.09

 
5.52

Total earnings per common share - diluted
$
0.74

 
$
0.83

 
$
0.64

 
$
6.17

 
 
 
 
 
 
 
 
The sum of net earnings per share amount may not add due to rounding.