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Statements of Consolidated Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]      
Net sales $ 17,900.8 $ 17,534.5 $ 14,983.8
Cost of goods sold 9,864.7 10,115.9 8,265.0
Gross profit $ 8,036.1 $ 7,418.6 $ 6,718.8
Percent to net sales 44.90% 42.30% 44.80%
Selling, general and administrative expenses $ 5,274.9 $ 5,033.8 $ 4,797.6
Percent to net sales 29.50% 28.70% 32.00%
Other general expense - net $ 39.1 $ 189.1 $ 20.9
Amortization 312.8 318.1 206.8
Impairment of trademarks 122.1 2.0
Interest expense 349.3 366.7 263.5
Interest and net investment income (25.9) (5.2) (8.6)
California litigation expense (34.7) 136.3  
Other expense (income) - net 16.7 20.1 (32.7)
Income before income taxes 1,981.8 1,359.7 1,469.3
Income tax expense (credit) 440.5 251.0 (300.2)
Net income from continuing operations 1,541.3 1,108.7 1,769.5
Income taxes     41.6
Net loss from discontinued operations 0.0 0.0 (41.6)
Net income $ 1,541.3 $ 1,108.7 $ 1,727.9
Basic net income per share:      
Continuing operations (in dollars per share) $ 16.79 $ 11.92 $ 19.04
Discontinued operations (in dollars per share)     (0.44)
Net income per share - basic (in dollars per share) 16.79 11.92 18.60
Diluted net income per share      
Continuing operations (in dollars per share) 16.49 11.67 18.64
Discontinued operations (in dollars per share)   (0.44)
Net income per share - diluted (in dollars per share) $ 16.49 $ 11.67 $ 18.20