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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net sales $ 14,187.8 $ 12,733.1 $ 11,790.2
Cost of sales (including special (gains) and charges (a)) 8,831.0 7,615.8 6,905.8
Selling, general and administrative expenses 3,653.8 3,416.1 3,309.1
Special (gains) and charges 140.5 102.6 179.6
Operating income 1,562.5 1,598.6 1,395.7
Other (income) expense (24.5) (33.9) (55.9)
Interest expense, net 243.6 218.3 290.2
Income before income taxes 1,343.4 1,414.2 1,161.4
Provision for income taxes 234.5 270.2 176.6
Net income from continuing operations including noncontrolling interest 1,108.9 1,144.0 984.8
Net income from continuing operations attributable to noncontrolling interest 17.2 14.1 17.4
Net income attributable to Ecolab 1,091.7 1,129.9 967.4
Net loss from discontinued operations, net of tax (Note 5) (d)     (2,172.5)
Net income (loss) attributable to Ecolab $ 1,091.7 $ 1,129.9 $ (1,205.1)
Basic EPS      
Continuing operations $ 3.83 $ 3.95 $ 3.37
Discontinued operations     (7.57)
Earnings attributable to Ecolab 3.83 3.95 (4.20)
Diluted EPS      
Continuing operations 3.81 3.91 3.33
Discontinued operations     (7.48)
Earnings attributable to Ecolab $ 3.81 $ 3.91 $ (4.15)
Weighted-average common shares outstanding      
Basic (in shares) 285.2 286.3 287.0
Diluted (in shares) 286.6 289.1 290.3
Product and equipment sales      
Net sales $ 11,446.2 $ 10,153.3 $ 9,466.6
Cost of sales (including special (gains) and charges (a)) 7,212.8 6,100.9 5,481.3
Service and lease sales      
Net sales 2,741.6 2,579.8 2,323.6
Cost of sales (including special (gains) and charges (a)) $ 1,618.2 $ 1,514.9 $ 1,424.5