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STATEMENTS OF CONSOLIDATED INCOME (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Net sales $ 4,656.0 $ 4,146.7
Cost of goods sold 2,544.0 2,257.0
Gross profit $ 2,112.0 $ 1,889.7
Percent to net sales 45.40% 45.60%
Selling, general and administrative expenses $ 1,325.9 $ 1,307.6
Percent to net sales 28.50% 31.50%
Other general expense - net $ 117.5 $ 3.7
Amortization 79.2 78.1
Interest expense 83.2 86.2
Interest and net investment income (0.6) (0.6)
Other (income) expense - net (2.2) 22.4
Income before income taxes 509.0 392.3
Income taxes 99.4 70.6
Net income $ 409.6 $ 321.7
Net income per common share:    
Basic (in dollars per share) $ 1.54 $ 1.18
Diluted (in dollars per share) $ 1.51 $ 1.15
Weighted average shares outstanding:    
Basic (in shares) 265.8 273.2
Diluted (in shares) 270.6 278.6