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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Net sales $ 1,429.0 $ 1,365.4 $ 2,683.6 $ 2,552.2
Cost of products sold 904.9 852.1 1,719.9 1,624.8
Selling, general and administrative expenses 316.5 292.8 627.7 582.4
Amortization of intangible assets 8.2 8.0 16.4 16.1
Loss on sale of product line (see Note 4)   2.4   2.4
Asset impairment charges       3.2
Restructuring charges 10.8 0.9 11.6 3.1
Operating income 188.6 209.2 308.0 320.2
Interest expense 17.4 12.3 32.1 24.2
Other income, net (3.4) (2.3) (6.2) (7.0)
Income before income taxes 174.6 199.2 282.1 303.0
Income taxes 44.9 58.9 77.3 85.3
Income from continuing operations, net of tax 129.7 140.3 204.8 217.7
Loss from discontinued operations, net of tax   (2.6) (0.2) (2.6)
Net income 129.7 137.7 204.6 215.1
Less: Noncontrolling interests 0.1      
Net income attributable to Fortune Brands $ 129.6 $ 137.7 $ 204.6 $ 215.1
Basic earnings per common share        
Continuing operations $ 0.89 $ 0.91 $ 1.39 $ 1.42
Discontinued operations   (0.02)   (0.02)
Net income attributable to Fortune Brands common shareholders 0.89 0.89 1.39 1.40
Diluted earnings per common share        
Continuing operations 0.88 0.90 1.37 1.39
Discontinued operations   (0.02)   (0.02)
Net income attributable to Fortune Brands common shareholders $ 0.88 $ 0.88 $ 1.37 $ 1.37
Comprehensive income $ 112.4 $ 147.8 $ 190.6 $ 232.4