XML 36 R25.htm IDEA: XBRL DOCUMENT
v3.10.0.1

New Accounting Pronouncements (Tables) | 9 Months Ended
--- | ---
Sep. 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 September 30, 2018 |  |  |  |
(in millions) |  | As Reported |  | Balances Without Adoption of ASC 606 |  | Effect of Change Higher/(Lower)
Condensed Consolidated Statement of Income |  |  |  |  |  |
Revenues |  | $ | 1,181.4 |  | $ | 1,175.1 |  | $ | 6.3
Cost of goods sold |  | 867.1 |  | 862.3 |  | 4.8
Operating income |  | 140.0 |  | 138.5 |  | 1.5
Provision for income taxes |  | 25.0 |  | 24.7 |  | 0.3
Income from continuing operations |  | 96.9 |  | 95.7 |  | 1.2
Net income |  | 99.7 |  | 98.5 |  | 1.2
|  | Nine Months Ended September 30, 2018 |  |  |  |
(in millions) |  | As Reported |  | Balances Without Adoption of ASC 606 |  | Effect of Change Higher/(Lower)
Condensed Consolidated Statement of Income |  |  |  |  |  |
Revenues |  | $ | 3,402.2 |  | $ | 3,375.9 |  | $ | 26.3
Cost of goods sold |  | 2,506.3 |  | 2,487.6 |  | 18.7
Operating income |  | 394.4 |  | 386.8 |  | 7.6
Provision for income taxes |  | 76.9 |  | 75.1 |  | 1.8
Income from continuing operations |  | 269.5 |  | 263.7 |  | 5.8
Net income |  | 523.0 |  | 517.2 |  | 5.8
|  | September 30, 2018 |  |  |  |
(in millions) |  | As Reported |  | Balances Without Adoption of ASC 606 |  | Effect of Change Higher/(Lower)
Condensed Consolidated Balance Sheet |  |  |  |  |  |
Receivables |  | $ | 850.5 |  | $ | 802.0 |  | $ | 48.5
Inventories, net |  | 489.1 |  | 522.5 |  | (33.4)
Other current assets |  | 56.9 |  | 56.0 |  | 0.9
Accrued expenses |  | 280.3 |  | 278.5 |  | 1.8
Other long-term liabilities |  | 269.0 |  | 267.0 |  | 2.0
Retained earnings |  | 3,287.1 |  | 3,280.6 |  | 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e765-108305 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -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 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22580-107794 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e725-108305 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details
Name: | us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration