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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Net Sales $ 1,511.2 $ 1,454.2 $ 3,014.5 $ 2,884.0
Cost of sales 799.1 815.3 1,615.4 1,623.1
Gross Profit 712.1 638.9 1,399.1 1,260.9
Marketing expenses 152.4 132.2 304.4 254.5
Selling, general and administrative expenses 222.8 213.1 452.8 420.9
Income from Operations 336.9 293.6 641.9 585.5
Equity in earnings of affiliates 3.1 2.0 4.2 6.4
Other income (expense), net 3.7 1.7 6.7 3.0
Interest expense (23.2) (27.9) (48.2) (56.7)
Income before Income Taxes 320.5 269.4 604.6 538.2
Income taxes 77.0 48.2 133.4 113.8
Net Income $ 243.5 $ 221.2 $ 471.2 $ 424.4
Weighted average shares outstanding - Basic 244.3 245.0 243.9 244.4
Weighted average shares outstanding - Diluted 247.0 247.9 246.5 247.4
Net income per share - Basic $ 1 $ 0.9 $ 1.93 $ 1.74
Net income per share - Diluted 0.99 0.89 1.91 1.72
Cash dividends per share $ 0.28 $ 0.27 $ 0.57 $ 0.54