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Summary of Quarterly Results of Operations (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Data [Abstract]  
Summary of Quarterly Results of Operations
The following tables summarize the unaudited quarterly results of operations for the years ended December 31, 2019 and 2018.
 
2019
 
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
 
Full Year (1)
Net sales
$
4,040.9

 
$
4,877.8

 
$
4,867.7

 
$
4,114.4

 
$
17,900.8

Gross profit
1,735.1

 
2,181.4

 
2,225.6

 
1,894.0

 
8,036.1

Net income
245.2

 
471.0

 
576.5

 
248.6

 
1,541.3

Net income per share:
 
 
 
 
 
 
 
 
 
Basic
$
2.67

 
$
5.13

 
$
6.28

 
$
2.71

 
$
16.79

Diluted
$
2.62

 
$
5.03

 
$
6.16

 
$
2.66

 
$
16.49

 
2018
 
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
 
Full Year (1)
Net sales
$
3,965.0

 
$
4,773.8

 
$
4,731.5

 
$
4,064.2

 
$
17,534.5

Gross profit
1,686.9

 
2,038.6

 
2,010.4

 
1,682.7

 
7,418.6

Net income
250.1

 
403.6

 
354.0

 
101.0

 
1,108.7

Net income per share:
 
 
 
 
 
 
 
 
 
Basic
$
2.68

 
$
4.34

 
$
3.80

 
$
1.09

 
$
11.92

Diluted
$
2.62

 
$
4.25

 
$
3.72

 
$
1.07

 
$
11.67


(1) 
The sum of the quarterly earnings per share data may not equal the full year amount as the computations of the weighted average shares outstanding for each quarter and the full year are calculated independently.