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Statements of Consolidated Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Net sales $ 23,051.9 $ 22,148.9 $ 19,944.6
Cost of goods sold 12,293.8 12,823.8 11,401.9
Gross profit $ 10,758.1 $ 9,325.1 $ 8,542.7
Gross profit, percent to net sales 46.70% 42.10% 42.80%
Selling, general and administrative expenses $ 7,065.4 $ 6,331.6 $ 5,882.0
Selling, general and administrative expenses, percent to net sales 30.60% 28.60% 29.50%
Other general expense (income) - net $ 67.1 $ (24.9) $ 101.8
Impairment 57.9 15.5 0.0
Interest expense 417.5 390.8 334.7
Interest income (25.2) (8.0) (4.9)
Other expense (income) - net 65.5 47.0 (19.5)
Income before income taxes 3,109.9 2,573.1 2,248.6
Income tax expense 721.1 553.0 384.2
Net income $ 2,388.8 $ 2,020.1 $ 1,864.4
Net income per share:      
Basic (in dollars per share) $ 9.35 $ 7.83 $ 7.10
Diluted (in dollars per share) $ 9.25 $ 7.72 $ 6.98
Weighted average shares outstanding:      
Basic (in shares) 255.4 258.0 262.5
Diluted (in shares) 258.3 261.8 267.1