XML 110 R101.htm IDEA: XBRL DOCUMENT v3.20.2
QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net sales $ 3,244.2 $ 3,224.0 $ 3,169.1 $ 2,924.7 $ 3,143.8 $ 3,126.5 $ 3,086.5 $ 2,865.3 $ 12,562.0 $ 12,222.1 $ 11,531.1
Cost of sales 1,809.1 1,780.9 1,780.3 1,675.5 1,770.2 1,743.3 1,722.5 1,639.3 7,045.8 6,875.3 6,414.6
Selling, general and administrative expenses 885.5 869.2 900.0 896.1 841.8 855.9 911.4 896.7 3,550.8 3,505.8 3,364.3
Special (gains) and charges 31.4 24.9 24.4 39.5 12.3 66.2 8.0 26.2 120.2 112.7 4.9
Operating Income 518.2 549.0 464.4 313.6 519.5 461.1 444.6 303.1 1,845.2 1,728.3 1,747.3
Other (income) expense (b) (14.1) (20.8) (20.9) (21.2) (19.8) (21.2) (19.5) (19.4) (77.0) (79.9) (67.3)
Interest expense, net (c) 46.1 46.1 49.2 49.3 53.8 55.1 56.2 56.0 190.7 221.1 254.6
Income before income taxes 486.2 523.7 436.1 285.5 485.5 427.2 407.9 266.5 1,731.5 1,587.1 1,560.0
Provision for income taxes 86.5 83.4 88.8 29.9 87.1 95.4 80.5 58.2 288.6 321.2 189.8
Net income from continuing operations including noncontrolling interest 399.7 440.3 347.3 255.6 398.4 331.8 327.4 208.3 1,442.9 1,265.9 1,370.2
Net income from continuing operations attributable to noncontrolling interest 5.0 4.4 3.9 4.0 5.5 3.6 3.7 2.8 17.3 15.6 17.9
Net income from continuing operations attributable to Ecolab 394.7 435.9 343.4 251.6 392.9 328.2 323.7 205.5 1,425.6 1,250.3 1,352.3
Net income from discontinued operations, net of tax (b) 34.9 28.3 25.2 44.9 2.2 107.2 27.6 41.8 133.3 178.8 152.3
Net income attributable to Ecolab $ 429.6 $ 464.2 $ 368.6 $ 296.5 $ 395.1 $ 435.4 $ 351.3 $ 247.3 $ 1,558.9 $ 1,429.1 $ 1,504.6
Basic                      
Continuing operations $ 1.37 $ 1.51 $ 1.19 $ 0.87 $ 1.36 $ 1.14 $ 1.12 $ 0.71 $ 4.95 $ 4.33 $ 4.67
Discontinued operations 0.12 0.10 0.09 0.16 0.01 0.37 0.10 0.14 0.46 0.62 0.53
Earnings attributable to Ecolab 1.49 1.61 1.28 1.03 1.37 1.51 1.22 0.86 5.41 4.95 5.20
Diluted                      
Continuing operations 1.35 1.49 1.18 0.86 1.34 1.12 1.10 0.70 4.87 4.27 4.60
Discontinued operations 0.12 0.10 0.09 0.15 0.01 0.37 0.09 0.14 0.46 0.61 0.52
Earnings attributable to Ecolab $ 1.47 $ 1.59 $ 1.26 $ 1.01 $ 1.35 $ 1.48 $ 1.20 $ 0.84 $ 5.33 $ 4.88 $ 5.12
Weighted-average common shares outstanding                      
Basic (in shares) 288.3 288.1 287.6 288.2 288.0 288.8 288.8 288.6 288.1 288.6 289.6
Diluted (in shares) 292.6 292.8 292.1 292.3 292.2 293.4 293.3 292.7 292.5 292.8 294.0
Net income attributable to noncontrolling interest                   $ (4.4) $ (3.9)
Cost of sales                      
Special (gains) and charges $ 15.7 $ 11.3 $ 7.9 $ 3.6 $ 5.8 $ 3.6 $ (0.1)   $ 38.5 4.8 17.8
Other (income) expense                      
Special (gains) and charges 9.5               9.5    
Interest expense                      
Special (gains) and charges       0.2 0.3       $ 0.2 $ 0.3 $ 21.9
Net income from discontinued operations, net of tax                      
Weighted-average common shares outstanding                      
Net income attributable to noncontrolling interest $ (0.3) $ 0.7 $ (0.3) $ (0.1) $ (0.4) $ (0.7) $ (1.4) $ (1.9)