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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net Sales $ 1,454.2 $ 1,325.1 $ 2,884.0 $ 2,622.3
Cost of sales 815.3 779.8 1,623.1 1,524.5
Gross Profit 638.9 545.3 1,260.9 1,097.8
Marketing expenses 132.2 102.9 254.5 204.8
Selling, general and administrative expenses 213.1 180.8 420.9 350.7
Income from Operations 293.6 261.6 585.5 542.3
Equity in earnings of affiliates 2.0 3.9 6.4 6.3
Other income (expense), net 1.7 0.3 3.0 0.0
Interest expense (27.9) (19.3) (56.7) (35.9)
Income before Income Taxes 269.4 246.5 538.2 512.7
Income taxes 48.2 59.4 113.8 121.2
Net Income $ 221.2 $ 187.1 $ 424.4 $ 391.5
Weighted average shares outstanding - Basic 245.0 242.6 244.4 242.6
Weighted average shares outstanding - Diluted 247.9 246.4 247.4 246.5
Net income per share - Basic $ 0.9 $ 0.77 $ 1.74 $ 1.61
Net income per share - Diluted 0.89 0.76 1.72 1.59
Cash dividends per share $ 0.27 $ 0.26 $ 0.54 $ 0.53