XML 27 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Statements of Consolidated Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Statements of Consolidated Income [Abstract]        
Net sales $ 2,354,751 $ 2,143,064 $ 4,210,337 $ 3,708,546
Cost of goods sold 1,331,996 1,171,171 2,390,174 2,044,685
Gross profit 1,022,755 971,893 1,820,163 1,663,861
Percent to net sales 43.40% 45.40% 43.20% 44.90%
Selling, general and administrative expenses 755,555 691,215 1,446,678 1,304,090
Percent to net sales 32.10% 32.30% 34.40% 35.20%
Other general (income) expense - net (698) 5,125 474 7,031
Interest expense 11,747 26,340 22,422 37,909
Interest and net investment income (808) (480) (1,131) (1,119)
Other income - net (57) (9,555) (9) (2,757)
Income before income taxes 257,016 259,248 351,729 318,707
Income taxes 77,901 77,542 104,298 104,398
Net income $ 179,115 $ 181,706 $ 247,431 $ 214,309
Net income per common share:        
Basic $ 1.69 $ 1.67 $ 2.33 $ 1.97
Diluted $ 1.66 $ 1.64 $ 2.29 $ 1.94
Average shares outstanding - basic 104,676,477 107,686,335 104,833,745 107,822,967
Average shares and equivalents outstanding - diluted 106,876,461 109,832,652 107,104,025 109,460,619