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
|