Reportable Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Reportable Segment Financial Information

In the reportable segment financial information that follows, Segment profit was total net sales and intersegment transfers less operating costs and expenses. Identifiable assets were those directly identified with each reportable segment. The Administrative segment assets consisted primarily of cash and cash equivalents, investments, deferred pension assets and headquarters property, plant and equipment. Domestic intersegment transfers were primarily accounted for at the approximate fully absorbed manufactured cost, based on normal capacity volumes, plus customary distribution costs for paint products. Non-paint domestic and all international intersegment transfers were accounted for at values comparable to normal unaffiliated customer sales. All intersegment transfers are eliminated within the Administrative segment.

	2022
	The Americas Group			Consumer Brands Group			Performance Coatings Group			Administrative		Consolidated Totals
Net external sales	$	12,661.0		$	2,690.7		$	6,793.5		$	3.7	$	22,148.9
Intersegment transfers	—			5,508.7			203.7			(5,712.4)		—
Total net sales and intersegment transfers	$	12,661.0		$	8,199.4		$	6,997.2		$	(5,708.7)	$	22,148.9
Segment profit	$	2,436.6		$	225.7		$	734.9				$	3,397.2
Interest expense										$	(390.8)	(390.8)
Administrative expenses and other										(433.3)		(433.3)
Income before income taxes	$	2,436.6		$	225.7		$	734.9		$	(824.1)	$	2,573.1
% to net external sales	19.2		%	8.4		%	10.8		%			11.6		%
Identifiable assets	$	6,018.2		$	6,605.0		$	8,296.8		$	1,674.0	$	22,594.0
Capital expenditures	92.9			289.4			38.7			223.5		644.5
Depreciation	76.1			124.0			29.1			34.8		264.0
Amortization	3.5			79.6			232.0			2.0		317.1

	2021
	The Americas Group			Consumer Brands Group			Performance Coatings Group			Administrative		Consolidated Totals
Net external sales	$	11,217.0		$	2,721.6		$	6,003.8		$	2.2	$	19,944.6
Intersegment transfers	—			4,411.8			149.7			(4,561.5)		—
Total net sales and intersegment transfers	$	11,217.0		$	7,133.4		$	6,153.5		$	(4,559.3)	$	19,944.6
Segment profit	$	2,239.1		$	358.4		$	486.2				$	3,083.7
Interest expense										$	(334.7)	(334.7)
Administrative expenses and other										(500.4)		(500.4)
Income before income taxes	$	2,239.1		$	358.4		$	486.2		$	(835.1)	$	2,248.6
% to net external sales	20.0		%	13.2		%	8.1		%			11.3		%
Identifiable assets	$	5,627.9		$	5,161.1		$	8,388.6		$	1,489.1	$	20,666.7
Capital expenditures	79.2			123.9			90.8			78.1		372.0
Depreciation	73.4			86.7			66.2			36.8		263.1
Amortization	3.7			83.7			218.9			3.2		309.5

	2020
	The Americas Group			Consumer Brands Group			Performance Coatings Group			Administrative		Consolidated Totals
Net external sales	$	10,383.2		$	3,053.4		$	4,922.4		$	2.7	$	18,361.7
Intersegment transfers	—			3,688.4			137.1			(3,825.5)		—
Total net sales and intersegment transfers	$	10,383.2		$	6,741.8		$	5,059.5		$	(3,822.8)	$	18,361.7
Segment profit	$	2,294.1		$	579.6		$	500.1				$	3,373.8
Interest expense										$	(340.4)	(340.4)
Administrative expenses and other										(514.2)		(514.2)
Income before income taxes	$	2,294.1		$	579.6		$	500.1		$	(854.6)	$	2,519.2
% to net external sales	22.1		%	19.0		%	10.2		%			13.7		%
Identifiable assets	$	5,386.6		$	5,387.4		$	8,071.1		$	1,556.5	$	20,401.6
Capital expenditures	63.9			89.8			43.0			107.1		303.8
Depreciation	73.0			87.6			69.1			38.3		268.0
Amortization	4.5			90.0			213.9			5.0		313.4