XML 49 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Net sales $ 1,367.0 $ 1,309.3
Cost of sales 730.2 684.6
Gross profit 636.8 624.7
Operating and administrative expenses 365.9 363.6
Gain on sale of property and equipment (0.4) (0.3)
Operating income 271.3 261.4
Interest income 0.1 0.1
Interest expense (2.2) (4.0)
Earnings before income taxes 269.2 257.5
Income tax expense 66.6 63.4
Net earnings $ 202.6 $ 194.1
Basic net earnings per share (in dollars per share) $ 0.35 $ 0.34
Diluted net earnings per share (in dollars per share) $ 0.35 $ 0.34
Basic weighted average shares outstanding (in shares) 573,904,156 572,172,602
Diluted weighted average shares outstanding (in shares) 575,318,830 572,993,962