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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net Sales $ 5,190.1 $ 4,895.8 $ 4,357.7
Cost of sales 2,926.6 2,681.6 2,373.7
Gross Profit 2,263.5 2,214.2 1,984.0
Marketing expenses 577.7 591.2 515.0
Selling, general and administrative expenses 606.7 593.3 628.8
Income from Operations 1,079.1 1,029.7 840.2
Equity in earnings of affiliates 9.4 6.7 6.6
Investment earnings 0.0 0.5 1.6
Other income (expense), net (2.3) (2.1) (1.1)
Interest expense (54.5) (61.0) (73.6)
Income before Income Taxes 1,031.7 973.8 773.7
Income taxes 204.2 187.9 157.8
Net Income $ 827.5 $ 785.9 $ 615.9
Weighted average shares outstanding - Basic 244.9 246.8 246.2
Weighted average shares outstanding - Diluted 249.6 252.2 252.1
Net income per share - Basic $ 3.38 $ 3.18 $ 2.50
Net income per share - Diluted 3.32 3.12 2.44
Cash dividends per share $ 1.01 $ 0.96 $ 0.91