XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Earnings (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net revenues $ 1,764.6 $ 1,563.4 $ 5,162.1 $ 4,564.3
Cost of sales 542.9 467.1 1,566.1 1,382.3
Gross profit 1,221.7 1,096.3 3,596.0 3,182.0
Selling, general and administrative expenses 725.1 650.2 2,123.9 1,899.6
Income from operations 496.6 446.1 1,472.1 1,282.4
Interest expense, net 67.7 42.4 188.4 114.6
Equity investments gain, net (37.4) (33.9) (93.6) (98.7)
Other (income) expense, net (0.9) (5.0) 0.9 0.1
Earnings before income taxes 467.2 442.6 1,376.4 1,266.4
Income taxes 99.3 97.0 289.4 275.5
Net earnings from continuing operations 367.9 345.6 1,087.0 990.9
Loss from discontinued operations, net of tax 0.0 (2.9) 0.0 (4.1)
Gain on disposition of discontinued operations, net of tax 0.0 4.5 0.0 8.4
Net earnings from discontinued operations 0.0 1.6 0.0 4.3
Net earnings $ 367.9 $ 347.2 $ 1,087.0 $ 995.2
Net earnings per share from continuing operations:        
Basic (in dollars per share) $ 3.43 $ 3.23 $ 10.15 $ 9.30
Diluted (in dollars per share) 3.40 3.21 10.06 9.23
Net earnings per share from discontinued operations:        
Basic (in dollars per share) 0 0.02 0 0.04
Diluted (in dollars per share) 0 0.02 0 0.04
Net earnings per share:        
Basic (in dollars per share) 3.43 3.25 10.15 9.34
Diluted (in dollars per share) $ 3.40 $ 3.23 $ 10.06 $ 9.27
Weighted average common shares outstanding:        
Basic (in shares) 107.2 106.7 107.1 106.5
Diluted (in shares) 108.1 107.6 108.0 107.3