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Reportable Segment Information (Tables)
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Reportable Segment Financial Information
In the reportable segment financial information that follows, Segment profit represents each segment’s Income before income taxes. Due to the nature of the Company’s integrated manufacturing operations and centralized administrative and information technology support, a substantial amount of allocations are made to determine segment financial information. Domestic intersegment transfers are 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 are primarily accounted for at values comparable to normal unaffiliated customer sales. All intersegment transfers are eliminated within the Administrative segment. In 2023, the absorbed manufactured cost standards utilized for domestic intersegment transfers were established inclusive of forecasted cost reductions from planned initiatives. Deviations from the forecasted cost reductions were recognized within the Consumer Brands Group. 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 property, plant and equipment related to the new global headquarters currently under construction. The segment results in the tables below reflect the segment change described above.
2023
Paint Stores
Group		Consumer Brands
Group		Performance Coatings
Group		AdministrativeConsolidated
Totals
Net sales$12,839.5 $3,365.6 $6,843.1 $3.7 $23,051.9 
Intersegment transfers5,234.0 197.8 (5,431.8)— 
Total net sales and intersegment transfers$12,839.5 $8,599.6 $7,040.9 $(5,428.1)$23,051.9 
Segment profit$2,860.8 $309.3 $991.6 $4,161.7 
Interest expense$(417.5)(417.5)
Administrative expenses and other(634.3)(634.3)
Income before income taxes$2,860.8 $309.3 $991.6 $(1,051.8)$3,109.9 
% to net sales22.3 %9.2 %14.5 %13.5 %
Identifiable assets$5,745.3 $6,631.8 $8,266.6 $2,310.7 $22,954.4 
Capital expenditures111.4 309.6 32.6 434.8 888.4 
Depreciation79.0 151.4 26.0 35.9 292.3 
Amortization3.3 72.4 253.0 1.5 330.2 
2022
Paint Stores
Group		Consumer Brands
Group		Performance Coatings
Group		AdministrativeConsolidated
Totals
Net sales$11,963.3 $3,388.4 $6,793.5 $3.7 $22,148.9 
Intersegment transfers5,214.8 203.7 (5,418.5)— 
Total net sales and intersegment transfers$11,963.3 $8,603.2 $6,997.2 $(5,414.8)$22,148.9 
Segment profit$2,348.1 $314.2 $734.9 $3,397.2 
Interest expense$(390.8)(390.8)
Administrative expenses and other(433.3)(433.3)
Income before income taxes$2,348.1 $314.2 $734.9 $(824.1)$2,573.1 
% to net sales19.6 %9.3 %10.8 %11.6 %
Identifiable assets$5,873.6 $6,749.6 $8,296.8 $1,674.0 $22,594.0 
Capital expenditures87.3 295.0 38.7 223.5 644.5 
Depreciation73.9 126.2 29.1 34.8 264.0 
Amortization3.3 79.8 232.0 2.0 317.1 
2021
Paint Stores
Group		Consumer Brands
Group		Performance Coatings
Group		AdministrativeConsolidated
Totals
Net sales$10,616.2 $3,322.4 $6,003.8 $2.2 $19,944.6 
Intersegment transfers4,183.6 149.7 (4,333.3)— 
Total net sales and intersegment transfers$10,616.2 $7,506.0 $6,153.5 $(4,331.1)$19,944.6 
Segment profit$2,182.2 $415.3 $486.2 $3,083.7 
Interest expense$(334.7)(334.7)
Administrative expenses and other(500.4)(500.4)
Income before income taxes$2,182.2 $415.3 $486.2 $(835.1)$2,248.6 
% to net sales20.6 %12.5 %8.1 %11.3 %
Identifiable assets$5,501.3 $5,287.7 $8,388.6 $1,489.1 $20,666.7 
Capital expenditures77.6 125.5 90.8 78.1 372.0 
Depreciation71.3 88.8 66.2 36.8 263.1 
Amortization3.5 83.9 218.9 3.2 309.5