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Reportable Segment Information (Tables)
 12 Months Ended
Dec. 31, 2019
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. The margin for each reportable segment was based upon total net sales and intersegment transfers. 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.

 
2019
 
The Americas Group
 
Consumer Brands
Group
 
Performance Coatings Group
 
Administrative
 
Consolidated
Totals
Net external sales
$
10,171.9

 
$
2,676.8

 
$
5,049.2

 
$
2.9

 
$
17,900.8

Intersegment transfers


 
3,607.0

 
116.2

 
(3,723.2
)
 
—

Total net sales and intersegment transfers
$
10,171.9

 
$
6,283.8

 
$
5,165.4

 
$
(3,720.3
)
 
$
17,900.8

Segment profit
$
2,056.5

 
$
373.2

 
$
379.1

 


 
$
2,808.8

California litigation expense adjustment
 
 
 
 
 
 
$
34.7

 
34.7

Interest expense
 
 
 
 
 
 
$
(349.3
)
 
(349.3
)
Administrative expenses and other
 
 
 
 
 
 
(512.4
)
 
(512.4
)
Income before income taxes
$
2,056.5

 
$
373.2

 
$
379.1

 
$
(827.0
)
 
$
1,981.8

% to net external sales
20.2
%
 
13.9
%
 
7.5
%
 
 
 
 
Identifiable assets
$
5,399.1

 
$
5,600.8

 
$
8,175.6

 
$
1,320.7

 
$
20,496.2

Capital expenditures
73.3

 
133.4

 
84.2

 
38.0

 
328.9

Depreciation
72.2

 
81.1

 
70.9

 
37.9

 
262.1

Amortization
4.8

 
90.3

 
212.9

 
4.8

 
312.8

 
2018
 
The Americas Group
 
Consumer Brands
Group
 
Performance Coatings
Group
 
Administrative
 
Consolidated
Totals
Net external sales
$
9,625.1

 
$
2,739.1

 
$
5,166.4

 
$
3.9

 
$
17,534.5

Intersegment transfers
0.5

 
3,460.2

 
22.4

 
(3,483.1
)
 
 
Total net sales and intersegment transfers
$
9,625.6

 
$
6,199.3

 
$
5,188.8

 
$
(3,479.2
)
 
$
17,534.5

Segment profit
$
1,898.4

 
$
261.1

 
$
452.1

 
 
 
$
2,611.6

California litigation expense
 
 
 
 
 
 
$
(136.3
)
 
(136.3
)
Interest expense
 
 
 
 
 
 
$
(366.7
)
 
(366.7
)
Administrative expenses and other
 
 
 
 
 
 
(748.9
)
 
(748.9
)
Income before income taxes
$
1,898.4

 
$
261.1

 
$
452.1

 
$
(1,251.9
)
 
$
1,359.7

% to net external sales
19.7
%
 
9.5
%
 
8.8
%
 
 
 
 
Identifiable assets
$
4,070.9

 
$
5,385.3

 
$
8,535.2

 
$
1,142.9

 
$
19,134.3

Capital expenditures
69.5

 
95.7

 
60.8

 
25.0

 
251.0

Depreciation
72.3

 
88.8

 
77.6

 
39.5

 
278.2

Amortization
4.8

 
97.5

 
210.7

 
5.1

 
318.1

 
2017
 
The Americas Group
 
Consumer Brands
Group
 
Performance Coatings
Group
 
Administrative
 
Consolidated
Totals
Net external sales
$
9,117.3

 
$
2,154.7

 
$
3,706.1

 
$
5.7

 
$
14,983.8

Intersegment transfers
6.0

 
3,162.1

 
22.4

 
(3,190.5
)
 
—

Total net sales and intersegment transfers
$
9,123.3

 
$
5,316.8

 
$
3,728.5

 
$
(3,184.8
)
 
$
14,983.8

Segment profit
$
1,769.5

 
$
202.8

 
$
262.8

 
 
 
$
2,235.1

Interest expense
 
 
 
 
 
 
$
(263.5
)
 
(263.5
)
Administrative expenses and other
 
 
 
 
 
 
(502.3
)
 
(502.3
)
Income from continuing operations before income taxes
$
1,769.5

 
$
202.8

 
$
262.8

 
$
(765.8
)
 
$
1,469.3

% to net external sales
19.4
%

9.4
%
 
7.1
%
 
 
 
 
Identifiable assets
$
4,358.9

 
$
5,816.0

 
$
8,264.8

 
$
1,459.8

 
$
19,899.5

Capital expenditures
69.2

 
95.1

 
36.8

 
21.7

 
222.8

Depreciation
75.0

 
91.8

 
69.0

 
49.2

 
285.0

Amortization
4.1

 
60.7

 
135.3

 
6.7

 
206.8