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In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 8-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Net sales | 5,641.9 | 5,494.8 | 4,874.0 | 4,761.2 | 4,703.6 | 4,461.6 | 4,211.3 | 4,410.3 |
Net sales growth | 2.7% | 12.7% | 2.4% | 1.2% | 5.4% | 5.9% | -4.5% | -43.1% |
Cost of sales | 3,869.0 | 3,852.9 | 3,293.9 | 3,226.3 | 3,230.6 | 3,049.5 | 2,810.3 | 2,955.1 |
Gross profit | 1,772.9 | 1,680.9 | 1,609.3 | 1,564.8 | 1,502.1 | 1,412.1 | 1,401.0 | 1,455.2 |
Gross margin | 31.4% | 30.6% | 33.0% | 32.9% | 31.9% | 31.7% | 33.3% | 33.0% |
Selling, general and administrative expenses | 786.2 | 772.4 | 773.7 | 913.3 | 782.3 | 815.6 | 754.3 | 778.0 |
Amortization expense of intangible assets | 36.1 | 38.8 | 37.5 | 28.9 | 15.7 | 13.1 | 15.0 | 11.1 |
Restructuring charges (Note 12) | 12.1 | 14.5 | 11.0 | 41.9 | 47.8 | 12.1 | 2.8 | 48.7 |
Operating profit | 944.8 | 900.9 | 788.1 | 578.5 | 656.3 | 571.3 | 628.9 | 617.4 |
Operating margin | 16.7% | 16.4% | 16.2% | 12.2% | 14.0% | 12.8% | 14.9% | 14.0% |
Interest expense, net | -162.3 | -167.8 | -174.4 | -184.1 | -177.9 | -184.2 | -191.9 | -211.0 |
Other expense, net (Note 21) | | -16.9 | 12.5 | -24.1 | -18.1 | 6.2 | -0.1 | 15.4 |
Earnings before income tax provision | | 716.2 | 626.2 | 370.3 | 457.8 | 393.3 | 387.9 | 291.4 |
Income tax provision (Note 17) | 238.0 | 225.0 | 142.1 | 76.6 | 307.5 | 330.5 | 95.6 | 132.6 |
Net earnings from continuing operations | 491.3 | 491.2 | 484.1 | 293.7 | 150.3 | 62.8 | 292.3 | 158.8 |
Gain (Loss) on sale of discontinued operations, net of tax | | 15.6 | 18.8 | -30.7 | 42.8 | 640.7 | | |
Net earnings | 491.6 | 506.8 | 502.9 | 263.0 | 193.1 | 814.9 | 486.4 | 335.4 |
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Basic: | | | | | | | | |
Continuing operations (in dollars per share) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Discontinued operations (in dollars per share) | | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
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Net earnings per common share - basic (in dollars per share) | $3.37 | $3.36 | $3.24 | $1.70 | $1.21 | $4.33 | $2.49 | $1.63 |
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Diluted: | | | | | | | | |
Continuing operations (in dollars per share) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Discontinued operations (in dollars per share) | | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Net earnings per common share - diluted (n dollars per share) | $3.33 | $3.32 | $3.22 | $1.69 | $1.20 | $4.29 | $2.46 | $1.62 |
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Weighted average number of common shares outstanding: (Note 22) | | | | | | | | |
Basic (in shares) | 145.9 | 150.9 | 155.2 | 154.3 | 159.4 | 186.9 | 194.3 | 203.9 |
Diluted (in shares) | 147.4 | 152.4 | 156.0 | 155.2 | 160.2 | 188.9 | 197.2 | 206.7 |
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