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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net sales $ 3,669.3 $ 3,320.8 $ 10,516.6 $ 9,368.5
Cost of sales (including special (gains) and charges (a)) 2,291.6 2,016.7 6,576.1 5,572.7
Selling, general and administrative expenses 876.9 832.0 2,731.7 2,548.2
Special (gains) and charges 17.8 6.3 45.5 36.7
Operating income 483.0 465.8 1,163.3 1,210.9
Other (income) expense (b) 5.7 (13.0) (32.6) (27.5)
Interest expense, net (c) 65.1 76.4 174.1 173.7
Income before income taxes 412.2 402.4 1,021.8 1,064.7
Provision for income taxes 60.2 73.8 182.4 226.0
Net income including noncontrolling interest 352.0 328.6 839.4 838.7
Net income attributable to noncontrolling interest 4.9 4.1 12.1 9.8
Net income attributable to Ecolab $ 347.1 $ 324.5 $ 827.3 $ 828.9
Earnings attributable to Ecolab per common share        
Basic (in dollars per share) $ 1.22 $ 1.13 $ 2.90 $ 2.90
Diluted (in dollars per share) $ 1.21 $ 1.12 $ 2.88 $ 2.87
Weighted-average common shares outstanding        
Basic (in shares) 284.9 286.4 285.4 286.1
Diluted (in shares) 286.3 289.2 287.0 289.0
Product and equipment sales        
Net sales $ 2,963.0 $ 2,653.8 $ 8,473.9 $ 7,461.6
Cost of sales (including special (gains) and charges (a)) 1,877.1 1,625.1 5,371.7 4,452.9
Service and lease sales        
Net sales 706.3 667.0 2,042.7 1,906.9
Cost of sales (including special (gains) and charges (a)) $ 414.5 $ 391.6 $ 1,204.4 $ 1,119.8