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Condensed Consolidated Statement Of Income (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Condensed Consolidated Statement Of Income        
Net sales $ 1,592.4 $ 1,509.6 $ 2,979.7 $ 2,781.1
Cost of products sold 841.3 781.9 1,585.2 1,446.6
Excise taxes on spirits 132.5 128.0 281.4 254.4
Advertising, selling, general and administrative expenses 412.8 383.9 770.5 741.5
Amortization of intangible assets 7.9 8.2 15.5 16.6
Restructuring charges 0.1 (0.6) 2.6 [1] 0.5 [1]
Business separation costs 10.3   19.8  
Operating income 187.5 208.2 304.7 321.5
Interest expense 42.1 49.9 85.8 101.8
Other expense (income), net 3.0 (18.8) 4.0 (19.9)
Income from continuing operations before income taxes 142.4 177.1 214.9 239.6
Income taxes 39.2 (3.6) 58.8 14.7
Income from continuing operations, net of tax 103.2 180.7 156.1 224.9
Income from discontinued operations, net of tax 226.8 48.7 257.1 78.9
Net income 330.0 229.4 413.2 303.8
Less: Noncontrolling interests 1.4 2.0 3.4 4.2
Net income attributable to Fortune Brands 328.6 227.4 409.8 299.6
Amounts attributable to common shareholders        
Income from continuing operations, net of tax 102.9 180.5 155.5 224.4
Income from discontinued operations, net of tax $ 225.7 $ 46.9 $ 254.3 $ 75.2
Basic        
Continuing operations $ 0.67 $ 1.18 $ 1.01 $ 1.47
Discontinued operations $ 1.46 $ 0.31 $ 1.65 $ 0.50
Net income $ 2.13 $ 1.49 $ 2.66 $ 1.97
Diluted        
Continuing operations $ 0.65 $ 1.17 $ 0.99 $ 1.46
Discontinued operations $ 1.44 $ 0.31 $ 1.62 $ 0.49
Net income $ 2.09 $ 1.48 $ 2.61 $ 1.95
Dividends paid per common share $ 0.19 $ 0.19 $ 0.38 $ 0.38
Average number of common shares outstanding        
Basic 154.3 152.5 154.0 152.0
Diluted 157.3 154.1 156.9 153.6
[1] "Other Charges" represent charges directly related to restructuring initiatives that cannot be reported as restructuring under U.S. GAAP. Such costs may include losses on disposal of inventories, trade receivables allowances from exiting product lines and accelerated depreciation resulting from the closure of facilities.