XML 35 R24.htm IDEA: XBRL DOCUMENT
v3.10.0.1

New Accounting Pronouncements New Accounting Pronouncements (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2018
New Accounting Pronouncements [Abstract] |
Summary of the Effects of Adopting ASC 606 | A summary of the effects of adopting ASC 606 on the Condensed Consolidated Financial Statements follows:
|  | Three Months Ended June 30, 2018
(in millions) |  | As Reported |  | Balances Without Adoption of ASC 606 |  | Effect of Change Higher/(Lower)
Condensed Consolidated Statement of Income |  |  |  |  |  |
Revenues |  | $ | 1,236.1 |  |  | $ | 1,227.1 |  |  | $ | 9.0 |
Cost of goods sold |  | 903.9 |  |  | 896.9 |  |  | 7.0 |
Operating income |  | 159.7 |  |  | 157.7 |  |  | 2.0 |
Provision for income taxes |  | 31.5 |  |  | 31.0 |  |  | 0.5 |
Income from continuing operations |  | 114.7 |  |  | 113.2 |  |  | 1.5 |
Net income |  | 113.7 |  |  | 112.2 |  |  | 1.5 |
|  | Six Months Ended June 30, 2018
(in millions) |  | As Reported |  | Balances Without Adoption of ASC 606 |  | Effect of Change Higher/(Lower)
Condensed Consolidated Statement of Income |  |  |  |  |  |
Revenues |  | $ | 2,220.8 |  |  | $ | 2,200.8 |  |  | $ | 20.0 |
Cost of goods sold |  | 1,639.2 |  |  | 1,625.3 |  |  | 13.9 |
Operating income |  | 254.4 |  |  | 248.3 |  |  | 6.1 |
Provision for income taxes |  | 51.9 |  |  | 50.4 |  |  | 1.5 |
Income from continuing operations |  | 172.6 |  |  | 168.0 |  |  | 4.6 |
Net income |  | 423.3 |  |  | 418.7 |  |  | 4.6 |
|  | June 30, 2018
(in millions) |  | As Reported |  | Balances Without Adoption of ASC 606 |  | Effect of Change Higher/(Lower)
Condensed Consolidated Balance Sheet |  |  |  |  |  |
Receivables |  | $ | 841.6 |  |  | $ | 799.6 |  |  | $ | 42.0 |
Inventories |  | 491.2 |  |  | 519.5 |  |  | (28.3 | )
Other current assets |  | 54.3 |  |  | 53.4 |  |  | 0.9 |
Accrued expenses |  | 253.5 |  |  | 252.0 |  |  | 1.5 |
Other long-term liabilities |  | 275.5 |  |  | 273.5 |  |  | 2.0 |
Retained earnings |  | 3,211.5 |  |  | 3,205.0 |  |  | 6.5 |

X
- Definition New Accounting Pronouncements [Abstract] + References No definition available. + Details
Name: | csl_NewAccountingPronouncementsAbstract
Namespace Prefix: | csl_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22580-107794 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22499-107794 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(b)(6)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22583-107794 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305 + Details
Name: | us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration