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Segments (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Selected Financial Information Relating To Company's Segments

The following tables present financial information relating to the Company’s segments for the three months ended March 31, 2025 and 2024:

 

 

 

Three Months Ended March 31, 2025

 

 

 

Consumer Domestic

 

 

Consumer International

 

 

SPD

 

 

Consolidating Reclassification(1)

 

 

Total Consolidated

 

Net Sales

 

$

1,129.8

 

 

$

261.9

 

 

$

75.4

 

 

 

-

 

 

$

1,467.1

 

Cost of sales

 

 

597.4

 

 

 

147.3

 

 

 

46.4

 

 

 

16.4

 

 

 

807.5

 

Gross Profit

 

 

532.4

 

 

 

114.6

 

 

 

29.0

 

 

 

(16.4

)

 

 

659.6

 

Marketing expenses

 

 

107.7

 

 

 

28.0

 

 

 

0.9

 

 

 

-

 

 

 

136.6

 

Research and Development(2)

 

 

29.2

 

 

 

3.0

 

 

 

0.6

 

 

 

-

 

 

 

32.8

 

Selling, general and administrative expenses

 

 

150.7

 

 

 

45.9

 

 

 

14.7

 

 

 

(16.4

)

 

 

194.9

 

Income from Operations

 

 

244.8

 

 

 

37.7

 

 

 

12.8

 

 

 

-

 

 

 

295.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2024

 

 

 

Consumer Domestic

 

 

Consumer International

 

 

SPD

 

 

Consolidating Reclassification(1)

 

 

Total Consolidated

 

Net Sales

 

$

1,165.2

 

 

$

255.0

 

 

$

83.1

 

 

$

-

 

 

$

1,503.3

 

Cost of sales

 

 

602.3

 

 

 

144.1

 

 

 

53.3

 

 

 

16.6

 

 

 

816.3

 

Gross Profit

 

 

562.9

 

 

 

110.9

 

 

 

29.8

 

 

 

(16.6

)

 

 

687.0

 

Marketing expenses

 

 

122.0

 

 

 

29.4

 

 

 

0.6

 

 

 

-

 

 

 

152.0

 

Research and Development(2)

 

 

26.4

 

 

 

2.9

 

 

 

0.8

 

 

 

-

 

 

 

30.1

 

Selling, general and administrative expenses

 

 

157.0

 

 

 

42.7

 

 

 

16.8

 

 

 

(16.6

)

 

 

199.9

 

Income from Operations

 

 

257.5

 

 

 

35.9

 

 

 

11.6

 

 

 

-

 

 

 

305.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)
Reflects the administrative costs of the production planning and logistics functions which are elements of Cost of Sales in the Company’s Consolidated Statements of Income but are allocated to the operating segments in Selling, General and Administrative expenses to determine operating segment income before income taxes.
(2)
All costs for Research & Development administration, global compliance, technology support, packaging and sustainability are reported in the Consumer Domestic segment.
Schedule of Other Segment Expenses

Other segment expenses for the first quarter of 2025 and the first quarter of 2024 include the following:

 

 

 

Consumer Domestic

 

 

Consumer International

 

 

SPD

 

 

Total Consolidated

 

Depreciation & Amortization

 

 

 

 

 

 

 

 

 

 

 

 

First Quarter of 2025

 

$

51.3

 

 

$

6.7

 

 

$

2.9

 

 

$

60.9

 

First Quarter of 2024

 

 

48.4

 

 

 

6.6

 

 

 

2.6

 

 

 

57.6

 

Product Line Revenues From External Customers

Product line revenues from external customers are as follows:

 

Three Months Ended

 

 

March 31,

 

 

March 31,

 

 

2025

 

 

2024

 

Household Products

$

614.9

 

 

$

638.9

 

Personal Care Products

 

514.9

 

 

 

526.3

 

Total Consumer Domestic

 

1,129.8

 

 

 

1,165.2

 

Total Consumer International

 

261.9

 

 

 

255.0

 

Total SPD

 

75.4

 

 

 

83.1

 

Total Consolidated Net Sales

$

1,467.1

 

 

$

1,503.3