XML 15 R2.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Net Sales $ 6,107.1 $ 5,867.9 $ 5,375.6
Cost of sales 3,317.0 3,279.4 3,125.6
Gross Profit 2,790.1 2,588.5 2,250.0
Marketing expenses 698.1 641.3 535.2
Selling, general and administrative expenses 927.8 889.8 706.0
VMS Trade name and other asset impairments 357.1    
Income from Operations 807.1 1,057.4 597.8
Equity in earnings of affiliates 9.1 8.7 12.3
Interest income 26.3 13.0 3.8
Interest expense (95.0) (110.9) (89.6)
Other income (expense), net 8.8 (0.8) (1.0)
Income before Income Taxes 756.3 967.4 523.3
Income taxes 171.0 211.8 109.4
Net Income $ 585.3 $ 755.6 $ 413.9
Weighted average shares outstanding - Basic 244,400,000 244,900,000 242,900,000
Weighted average shares outstanding - Diluted 246,900,000 247,600,000 246,300,000
Net income per share - Basic $ 2.39 $ 3.09 $ 1.7
Net income per share - Diluted 2.37 3.05 1.68
Cash dividends per share $ 1.13 $ 1.09 $ 1.05
VMS Trade Name [Member]      
VMS Trade name and other asset impairments $ 357.1 $ 0.0 $ 0.0
Flawless tradename [Member]      
Other Asset Impairments 0.0 0.0 411.0
VMS Trade name and other asset impairments $ 0.0 $ 0.0 $ 411.0