OPERATING SEGMENTS (Tables)

9 Months Ended

Sep. 30, 2022

OPERATING SEGMENTS

Schedule of financial information for each of the entity's reportable segments, including the impact of the preceding changes on previously reported full year 2021 net sales and operating income

	December 31, 2021
	2021 Reported					Fixed	2021 Reported
	Valued at 2021				Currency		Valued at 2022
(millions)	Management Rates		Other		Rate Change		Management Rates
Net Sales
Global Industrial		$6,304.9		$-		($218.1)		$6,086.8
Global Institutional & Specialty		3,978.2		-		(69.4)		3,908.8
Global Healthcare & Life Sciences		1,195.4		-		(45.8)		1,149.6
Other		1,226.9		-		(25.9)		1,201.0
Corporate		139.4		-		(2.0)		137.4
Subtotal at fixed currency rates		12,844.8		-		(361.2)		12,483.6
Effect of foreign currency translation		(111.7)		-		361.2		249.5
Consolidated reported GAAP net sales		$12,733.1		$-		$-		$12,733.1
Operating Income
Global Industrial		$1,031.0		$4.0		($49.3)		$985.7
Global Institutional & Specialty		556.9		(3.8)		(7.4)		545.7
Global Healthcare & Life Sciences		160.9		(0.9)		(7.7)		152.3
Other		187.3		0.7		(4.0)		184.0
Corporate		(318.6)				2.0		(316.6)
Subtotal at fixed currency rates		1,617.5		-		(66.4)		1,551.1
Effect of foreign currency translation		(18.9)				66.4		47.5
Consolidated reported GAAP operating income		$1,598.6		$-		$-		$1,598.6

Schedule of financial information for each of the entity's reportable segments

	Third Quarter Ended				Nine Months Ended
	September 30				September 30
(millions)	2022		2021		2022		2021
Net Sales
Global Industrial		$1,816.7		$1,565.0		$5,077.8		$4,452.2
Global Institutional & Specialty		1,183.2		1,057.1		3,323.4		2,864.7
Global Healthcare & Life Sciences		375.5		279.7		1,138.9		852.8
Other		362.1		319.5		1,000.4		885.2
Corporate		27.8		35.4		96.4		102.7
Subtotal at fixed currency rates		3,765.3		3,256.7		10,636.9		9,157.6
Effect of foreign currency translation		(96.0)		64.1		(120.3)		210.9
Consolidated reported GAAP net sales		$3,669.3		$3,320.8		$10,516.6		$9,368.5
Operating Income
Global Industrial		$277.0		$258.6		$693.2		$719.7
Global Institutional & Specialty		199.1		190.9		462.5		390.5
Global Healthcare & Life Sciences		34.7		35.2		137.3		123.9
Other		64.4		57.8		153.6		140.9
Corporate		(77.2)		(89.4)		(264.7)		(202.8)
Subtotal at fixed currency rates		498.0		453.1		1,181.9		1,172.2
Effect of foreign currency translation		(15.0)		12.7		(18.6)		38.7
Consolidated reported GAAP operating income		$483.0		$465.8		$1,163.3		$1,210.9