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SELECTED QUARTERLY FINANCIAL DATA
12 Months Ended
Dec. 31, 2015
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract]  
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

A summary of selected quarterly information for 2015 and 2014 is as follows (in thousands of dollars, except for per share amounts):
 
 
2015 Quarter Ended
 
 
March 31
 
June 30
 
September 30

December 31

Total
Net sales
 
$
2,439,661

 
$
2,522,565

 
$
2,532,900

 
$
2,478,258

 
$
9,973,384

Cost of merchandise sold
 
1,345,918

 
1,449,133

 
1,471,021

 
1,475,884

 
5,741,956

Gross profit
 
1,093,743

 
1,073,432

 
1,061,879

 
1,002,374

 
4,231,428

Warehousing, marketing and
administrative expenses
 
742,496

 
716,715

 
721,150

 
750,747

 
2,931,108

Operating earnings
 
351,247

 
356,717

 
340,729

 
251,627

 
1,300,320

Net earnings attributable to W.W. Grainger, Inc.
 
211,015

 
220,548

 
192,201

 
145,232

 
768,996

Earnings per share - basic
 
3.11

 
3.28

 
2.94

 
2.32

 
11.69

Earnings per share - diluted
 
$
3.07

 
$
3.25

 
$
2.92

 
$
2.30

 
$
11.58


 
 
2014 Quarter Ended
 
 
March 31
 
June 30
 
September 30
 
December 31
 
Total
Net sales
 
$
2,385,627

 
$
2,506,104

 
$
2,562,263

 
$
2,510,959

 
$
9,964,953

Cost of merchandise sold
 
1,309,656

 
1,425,418

 
1,459,479

 
1,456,158

 
5,650,711

Gross profit
 
1,075,971

 
1,080,686

 
1,102,784

 
1,054,801

 
4,314,242

Warehousing, marketing and
administrative expenses
 
721,632

 
739,935

 
717,271

 
788,287

 
2,967,125

Operating earnings
 
354,339

 
340,751

 
385,513

 
266,514

 
1,347,117

Net earnings attributable to W.W. Grainger, Inc.
 
216,653

 
205,915

 
230,322

 
148,839

 
801,729

Earnings per share - basic
 
3.11

 
2.97

 
3.33

 
2.17

 
11.59

Earnings per share - diluted
 
$
3.07

 
$
2.94

 
$
3.30

 
$
2.14

 
$
11.45