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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net sales $ 7,440,181 $ 7,386,626 $ 7,421,768
Cost of sales 4,282,290 4,003,951 4,085,602
Gross profit 3,157,891 3,382,675 3,336,166
Selling, marketing and administrative expense 1,915,378 1,969,308 1,898,284
Goodwill and other intangible asset impairment charges 4,204 280,802 15,900
Business realignment costs 32,526 94,806 29,721
Operating profit 1,205,783 1,037,759 1,392,261
Interest expense, net 90,143 105,773 83,532
Other (income) expense, net 16,159 30,139 2,686
Income before income taxes 1,099,481 901,847 1,306,043
Provision for income taxes 379,437 388,896 459,131
Net income $ 720,044 $ 512,951 $ 846,912
Common stock      
Net income per share—basic:      
Net income per share - basic (USD per share) $ 3.45 $ 2.40 $ 3.91
Net income per share—diluted:      
Net income per share - diluted (USD per share) 3.34 2.32 3.77
Dividends paid per share:      
Dividends paid per share (USD per share) 2.402 2.236 2.04
Class B common stock      
Net income per share—basic:      
Net income per share - basic (USD per share) 3.15 2.19 3.54
Net income per share—diluted:      
Net income per share - diluted (USD per share) 3.14 2.19 3.52
Dividends paid per share:      
Dividends paid per share (USD per share) $ 2.184 $ 2.032 $ 1.842