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Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Data

Unaudited
(In millions, except per share amounts)

2020		1^st				2^nd				3^rd				4^th					Full Year
Net sales		$	1,402.7			$	1,375.8			$	1,652.1			$	1,659.7				$	6,090.3
Gross profit			493.2				482.9				580.6				607.7					2,164.4
Operating income			155.0				173.0				240.2				233.2					801.4
Income after tax			109.1				118.2				168.2				166.5					562.0
Equity in losses of affiliate			0.3				2.0				2.4				2.9					7.6
Net income			108.8				116.2				165.8				163.6					554.4
Net income attributable to Fortune Brands			109.1				115.8				164.6				163.6					553.1

Basic earnings per common share			0.78				0.84				1.19				1.18					3.99
Diluted earnings per common share			0.77				0.83				1.17				1.16					3.94

2019		1^st				2^nd				3^rd				4^th					Full Year
Net sales		$	1,327.9			$	1,507.2			$	1,459.0			$	1,470.5				$	5,764.6
Gross profit			458.8				537.6				524.2				531.8					2,052.4
Operating income			135.6				202.4				168.0				192.5					698.5
Income after tax			84.5				137.1				105.7				104.0					431.3
Equity in losses of affiliate			—				—				—				—					—
Net income			84.5				137.1				105.7				104.0					431.3
Net income attributable to Fortune Brands			84.7				137.5				105.6				104.1					431.9

Basic earnings per common share			0.60				0.98				0.76				0.75					3.09
Diluted earnings per common share			0.60				0.97				0.75				0.74					3.06