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OPERATING SEGMENTS AND GEOGRAPHIC INFORMATION (Tables)

12 Months Ended

Dec. 31, 2022

OPERATING SEGMENTS AND GEOGRAPHIC INFORMATION

Schedule of financial information for each of the entity's reportable segments, including the impact of the preceding changes on previously reported full year 2021 net sales and operating income


		December 31, 2021

		2021 Reported										Fixed				2021 Reported
		Valued at 2021									Currency					Valued at 2022
(millions)		Management Rates				Other					Rate Change					Management Rates
Net Sales
Global Industrial			$6,304.9				$-					($218.1)					$6,086.8
Global Institutional & Specialty			3,978.2				-					(69.4)					3,908.8
Global Healthcare & Life Sciences			1,195.4				-					(45.8)					1,149.6
Other			1,226.9				-					(25.9)					1,201.0
Corporate			139.4				-					(2.0)					137.4
Subtotal at fixed currency rates			12,844.8				-					(361.2)					12,483.6
Effect of foreign currency translation			(111.7)				-					361.2					249.5
Consolidated reported GAAP net sales			$12,733.1				$-					$-					$12,733.1

Operating Income
Global Industrial			$1,031.0				$4.0					($49.3)					$985.7
Global Institutional & Specialty			556.9				(3.8)					(7.4)					545.7
Global Healthcare & Life Sciences			160.9				(0.9)					(7.7)					152.3
Other			187.3				0.7					(4.0)					184.0
Corporate			(318.6)				-					2.0					(316.6)
Subtotal at fixed currency rates			1,617.5				-					(66.4)					1,551.1
Effect of foreign currency translation			(18.9)				-					66.4					47.5
Consolidated reported GAAP operating income			$1,598.6				$-					$-					$1,598.6


		December 31, 2020

		2020 Reported										Fixed				2020 Reported
		Valued at 2021				Segment					Currency					Valued at 2022
(millions)		Management Rates				Change					Rate Change					Management Rates
Net Sales
Global Industrial			$6,048.2				$-					($202.5)					$5,845.7
Global Institutional & Specialty			3,629.0				-					(69.2)					3,559.8
Global Healthcare & Life Sciences			1,241.1				-					(51.0)					1,190.1
Other			1,103.4				-					(23.6)					1,079.8
Corporate			100.6				-					(1.2)					99.4
Subtotal at fixed currency rates			12,122.3				-					(347.5)					11,774.8
Effect of foreign currency translation			(332.1)				-					347.5					15.4
Consolidated reported GAAP net sales			$11,790.2				$-					$-					$11,790.2

Operating Income
Global Industrial			$1,123.1				$1.4					($45.4)					$1,079.1
Global Institutional & Specialty			324.0				(1.6)					(6.1)					316.3
Global Healthcare & Life Sciences			218.3				(0.5)					(10.2)					207.6
Other			132.8				0.7					(2.9)					130.6
Corporate			(349.7)				-					2.0					(347.7)
Subtotal at fixed currency rates			1,448.5				-					(62.6)					1,385.9
Effect of foreign currency translation			(52.8)				-					62.6					9.8
Consolidated reported GAAP operating income			$1,395.7				$-					$-					$1,395.7

Schedule of financial information for each of the entity's reportable segments


		Net Sales											Operating Income (Loss)
(millions)		2022				2021			2020				2022				2021				2020

Global Industrial			$6,944.0				$6,086.8			$5,845.7				$977.0				$985.7				$1,079.1
Global Institutional & Specialty			4,480.0				3,908.8			3,559.8				634.5				545.7				316.3
Global Healthcare & Life Sciences			1,570.0				1,149.6			1,190.1				205.0				152.3				207.6
Other			1,355.0				1,201.0			1,079.8				212.8				184.0				130.6
Corporate			124.1				137.4			99.4				(416.7)				(316.6)				(347.7)
Subtotal at fixed currency			14,473.1				12,483.6			11,774.8				1,612.6				1,551.1				1,385.9
Effect of foreign currency translation			(285.3)				249.5			15.4				(50.1)				47.5				9.8
Consolidated reported GAAP			$14,187.8				$12,733.1			$11,790.2				$1,562.5				$1,598.6				$1,395.7

Schedule of net sales and long-lived assets at public exchange rates by geographic region


		Long-Lived Assets, net

(millions)		2022				2021
United States			$2,508.9				$2,416.4
Europe			574.3				580.7
Asia Pacific			210.3				237.1
Greater China			176.6				186.4
Latin America			146.5				137.9
India, Middle East and Africa			64.1				60.2
Canada			60.9				66.5
Total			$3,741.6				$3,685.2