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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net sales $ 1,348.6 $ 1,279.0 $ 3,900.8 $ 3,683.3
Cost of products sold 841.6 801.0 2,461.3 2,352.8
Selling, general and administrative expenses 297.3 284.5 877.7 831.4
Amortization of intangible assets 7.5 7.3 23.6 20.4
Loss on sale of product line     2.4  
Asset impairment charges     3.2  
Restructuring charges 0.4 3.1 3.5 12.4
Operating income 201.8 183.1 529.1 466.3
Interest expense 12.3 11.8 36.5 37.5
Other expense (income), net 0.1 0.6 0.2 (0.1)
Income before income taxes 189.4 170.7 492.4 428.9
Income taxes 59.8 48.8 145.1 120.9
Income from continuing operations, net of tax 129.6 121.9 347.3 308.0
(Loss) income from discontinued operations , net of tax   1.5 (2.6) 1.5
Net income 129.6 123.4 344.7 309.5
Less: Noncontrolling interests 0.1   0.1 (0.1)
Net income attributable to Fortune Brands $ 129.5 $ 123.4 $ 344.6 $ 309.6
Basic earnings per common share        
Continuing operations $ 0.84 $ 0.79 $ 2.26 $ 2.00
Discontinued operations   0.01 (0.02) 0.01
Net income attributable to Fortune Brands common shareholders 0.84 0.80 2.24 2.01
Diluted earnings per common share        
Continuing operations 0.83 0.77 2.22 1.95
Discontinued operations   0.01 (0.02) 0.01
Net income attributable to Fortune Brands common shareholders $ 0.83 $ 0.78 $ 2.20 $ 1.96
Comprehensive income $ 158.7 $ 110.5 $ 391.1 $ 309.8