XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Net Sales $ 1,429.8 $ 1,297.2
Cost of sales 807.8 744.7
Gross Profit 622.0 552.5
Marketing expenses 122.3 101.9
Selling, general and administrative expenses 207.8 169.9
Income from Operations 291.9 280.7
Equity in earnings of affiliates 4.4 2.4
Other income (expense), net 1.3 (0.3)
Interest expense (28.8) (16.6)
Income before Income Taxes 268.8 266.2
Income taxes 65.6 61.8
Net Income $ 203.2 $ 204.4
Weighted average shares outstanding - Basic 243.8 242.6
Weighted average shares outstanding - Diluted 246.8 246.7
Net income per share - Basic $ 0.83 $ 0.84
Net income per share - Diluted 0.82 0.83
Cash dividends per share $ 0.27 $ 0.26