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Statements of Consolidated Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Net sales $ 22,148.9 $ 19,944.6 $ 18,361.7
Cost of goods sold 12,823.8 11,401.9 9,679.1
Gross profit $ 9,325.1 $ 8,542.7 $ 8,682.6
Gross profit, percent to net sales 42.10% 42.80% 47.30%
Selling, general and administrative expenses $ 6,014.5 $ 5,572.5 $ 5,477.9
Selling, general and administrative expenses, percent to net sales 27.20% 27.90% 29.80%
Other general (income) expense - net $ (24.9) $ 101.8 $ 27.7
Amortization 317.1 309.5 313.4
Impairment of trademarks 15.5 0.0 2.3
Interest expense 390.8 334.7 340.4
Interest income (8.0) (4.9) (3.6)
Other expense (income) - net 47.0 (19.5) 5.3
Income before income taxes 2,573.1 2,248.6 2,519.2
Income tax expense 553.0 384.2 488.8
Net income $ 2,020.1 $ 1,864.4 $ 2,030.4
Net income per share:      
Basic (in dollars per share) $ 7.83 $ 7.10 $ 7.48
Diluted (in dollars per share) $ 7.72 $ 6.98 $ 7.36
Weighted average shares outstanding:      
Basic (in shares) 258.0 262.5 271.3
Diluted (in shares) 261.8 267.1 275.8