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STATEMENTS OF CONSOLIDATED INCOME (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Net sales $ 4,998.7 $ 4,656.0
Cost of goods sold 2,945.8 2,544.0
Gross profit $ 2,052.9 $ 2,112.0
Percent to net sales 41.10% 45.40%
Selling, general and administrative expenses $ 1,407.5 $ 1,325.9
Percent to net sales 28.20% 28.50%
Other general expense - net $ 2.5 $ 117.5
Amortization 78.0 79.2
Interest expense 88.4 83.2
Interest income (0.9) (0.6)
Other expense (income) - net 16.3 (2.2)
Income before income taxes 461.1 509.0
Income taxes 90.3 99.4
Net income $ 370.8 $ 409.6
Earnings Per Share [Abstract]    
Basic (in dollars per share) $ 1.43 $ 1.54
Diluted (in dollars per share) $ 1.41 $ 1.51
Weighted average shares outstanding:    
Basic (in shares) 258.8 265.8
Diluted (in shares) 263.1 270.6