XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net sales $ 3,985.8 $ 3,852.1 $ 7,737.7 $ 7,423.7
Cost of sales (including special charges (a)) 2,241.0 2,334.8 4,369.1 4,540.0
Selling, general and administrative expenses 1,075.7 1,011.6 2,153.4 2,001.9
Special (gains) and charges 12.2 21.0 40.4 45.5
Operating income 656.9 484.7 1,174.8 836.3
Other (income) expense (12.6) (14.4) (25.2) (27.5)
Interest expense, net 78.8 77.8 150.4 152.0
Income before income taxes 590.7 421.3 1,049.6 711.8
Provision for income taxes 95.7 86.6 138.0 139.0
Net income including noncontrolling interest 495.0 334.7 911.6 572.8
Net income attributable to noncontrolling interest 4.1 5.0 8.6 9.7
Net income attributable to Ecolab $ 490.9 $ 329.7 $ 903.0 $ 563.1
Earnings attributable to Ecolab per common share        
Basic (in dollars per share) $ 1.72 $ 1.16 $ 3.17 $ 1.98
Diluted (in dollars per share) $ 1.71 $ 1.15 $ 3.14 $ 1.97
Weighted-average common shares outstanding        
Basic (in shares) 284.6 284.9 285.2 284.8
Diluted (in shares) 287.0 286.3 287.4 286.1
Product and equipment sales        
Net sales $ 3,173.1 $ 3,104.8 $ 6,159.6 $ 5,981.1
Cost of sales (including special charges (a)) 1,770.6 1,895.3 3,449.8 3,693.6
Service and lease sales        
Net sales 812.7 747.3 1,578.1 1,442.6
Cost of sales (including special charges (a)) $ 470.4 $ 439.5 $ 919.3 $ 846.4