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CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions | 12 Months Ended
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Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
CONSOLIDATED STATEMENTS OF INCOME |  |  |
Net sales | $ 8,613.4 | $ 9,350.5 | $ 10,451.6
Costs and expenses: |  |  |
Cost of sales (exclusive of depreciation and amortization shown below) | 6,023.1 | 6,803.6 | 7,830.6
Warehouse, delivery, selling, general and administrative | 1,803.3 | 1,728.5 | 1,789.8
Depreciation and amortization | 222.0 | 218.5 | 213.8
Impairment of long-lived assets | 52.4 | 53.3 |
Total costs and expenses | 8,100.8 | 8,803.9 | 9,834.2
Operating income | 512.6 | 546.6 | 617.4
Other income (expense): |  |  |
Interest | (84.6) | (84.3) | (81.9)
Other income (expense), net | 1.2 | (3.6) | 10.8
Income before income taxes | 429.2 | 458.7 | 546.3
Income tax provision | 120.1 | 142.5 | 170.0
Net income | 309.1 | 316.2 | 376.3
Less: Net income attributable to noncontrolling interests | 4.8 | 4.7 | 4.8
Net income attributable to Reliance | $ 304.3 | $ 311.5 | $ 371.5
Earnings per share attributable to Reliance stockholders: |  |  |
Diluted earnings per common share (in dollars per share) | $ 4.16 | $ 4.16 | $ 4.73
Basic earnings per common share (in dollars per share) | 4.21 | 4.20 | 4.78
Cash dividends per share (in dollars per share) | $ 1.65 | $ 1.60 | $ 1.40

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