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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Net sales $ 1,279.0 $ 1,238.8 $ 3,683.3 $ 3,354.7
Cost of products sold 801.0 804.3 2,352.8 2,192.9
Selling, general and administrative expenses 284.5 265.7 831.4 778.1
Amortization of intangible assets 7.3 6.7 20.4 15.3
Restructuring charges 3.1 1.8 12.4 12.6
Operating income 183.1 160.3 466.3 355.8
Interest expense 11.8 11.1 37.5 20.5
Other (income) expense, net 0.6 0.5 (0.1) 3.7
Income from continuing operations before income taxes 170.7 148.7 428.9 331.6
Income taxes 48.8 48.7 120.9 112.7
Income from continuing operations, net of tax 121.9 100.0 308.0 218.9
Income from discontinued operations, net of tax 1.5 7.8 1.5 8.6
Net income 123.4 107.8 309.5 227.5
Less: Noncontrolling interests   0.3 (0.1) 0.3
Net income attributable to Fortune Brands $ 123.4 $ 107.5 $ 309.6 $ 227.2
Basic earnings per common share        
Continuing operations $ 0.79 $ 0.62 $ 2.00 $ 1.37
Discontinued operations 0.01 0.05 0.01 0.06
Net income attributable to Fortune Brands common shareholders 0.80 0.67 2.01 1.43
Diluted earnings per common share        
Continuing operations 0.77 0.61 1.95 1.34
Discontinued operations 0.01 0.05 0.01 0.05
Net income attributable to Fortune Brands common shareholders $ 0.78 $ 0.66 $ 1.96 $ 1.39
Comprehensive income $ 110.5 $ 93.2 $ 309.8 $ 195.1