Business Segment Information (Summary of Operations by Reportable Segments) (Details) - USD ($) number in Millions, $ in Millions |
3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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Net revenues | $ 5,746.4 | $ 5,307.4 | $ 10,434.9 | $ 9,523.0 |
Segment Adjusted EBITDA | 1,335.6 | 1,204.0 | 2,251.9 | 1,979.1 |
Interest Expense | (57.4) | (57.5) | (115.5) | (115.5) |
Depreciation and amortization | (197.2) | (187.7) | ||
Business Combination, Contingent Consideration, Change in Contingent Consideration, Liability, Increase (Decrease) | 0.0 | 8.9 | 61.2 | 8.9 |
Unallocated corporate expense | (84.7) | (87.7) | (153.5) | (156.7) |
Earnings before income taxes | 1,092.7 | 972.6 | 1,845.6 | 1,523.3 |
Cost of Product and Service Sold | (3,585.8) | (3,371.9) | (6,596.8) | (6,127.6) |
Selling, General and Administrative Expense | (996.4) | (901.3) | (1,855.0) | (1,727.4) |
Segment Adjusted depreciation and amortization | 92.9 | 91.6 | 186.6 | 179.0 |
Other Operating Income (Expense), Net | (14.1) | (4.5) | (22.0) | (29.5) |
Adjusted other income/(expense), net | 7.5 | 1.8 | 11.4 | 21.5 |
Segment Adjusted OI | 1,250.2 | 1,114.2 | 2,076.7 | 1,821.6 |
Restructuring Costs | (1.3) | (0.8) | (1.3) | (5.5) |
Americas [Member] | ||||
Net revenues | 4,692.3 | 4,290.9 | 8,493.0 | 7,625.8 |
Segment Adjusted EBITDA | 1,125.3 | 978.2 | 1,878.7 | 1,583.0 |
Cost of Product and Service Sold | (2,909.8) | (2,731.7) | (5,346.7) | (4,923.3) |
Selling, General and Administrative Expense | $ (729.7) | $ (655.3) | $ (1,417.0) | $ (1,253.3) |
Segment Operating Income As a Percentage Of Revenues | 105280.00% | 90390.00% | 172930.00% | 144920.00% |
Segment Adjusted depreciation and amortization | $ 76.3 | $ 76.5 | $ 155.4 | $ 148.6 |
Other Operating Income (Expense), Net | (3.8) | (2.2) | (6.0) | (14.8) |
EMEA [Member] | ||||
Net revenues | 707.9 | 645.3 | 1,281.4 | 1,198.7 |
Segment Adjusted EBITDA | 129.5 | 131.0 | 221.5 | 230.4 |
Cost of Product and Service Sold | (460.9) | (412.5) | (836.0) | (765.2) |
Selling, General and Administrative Expense | $ (124.3) | $ (111.8) | $ (239.3) | $ (216.8) |
Segment Operating Income As a Percentage Of Revenues | 12270.00% | 12100.00% | 20610.00% | 21670.00% |
Segment Adjusted depreciation and amortization | $ 12.0 | $ 10.7 | $ 22.6 | $ 21.6 |
Other Operating Income (Expense), Net | (5.2) | (0.7) | (7.2) | (7.9) |
Asia Pacific [Member] | ||||
Net revenues | 346.2 | 371.2 | 660.5 | 698.5 |
Segment Adjusted EBITDA | 80.8 | 94.8 | 151.7 | 165.7 |
Cost of Product and Service Sold | (209.6) | (221.9) | (402.6) | (427.7) |
Selling, General and Administrative Expense | $ (61.9) | $ (60.0) | $ (116.6) | $ (115.1) |
Segment Operating Income As a Percentage Of Revenues | 7470.00% | 8930.00% | 14130.00% | 15570.00% |
Segment Adjusted depreciation and amortization | $ 4.6 | $ 4.4 | $ 8.6 | $ 8.8 |
Other Operating Income (Expense), Net | $ 1.5 | $ 1.1 | $ 1.8 | $ 1.2 |
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- Definition Adjusted other income/(expense), net No definition available.
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- Definition Segment Adjusted depreciation and amortization No definition available.
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- Definition Segment Adjusted EBITDA No definition available.
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- Definition Segment Adjusted OI No definition available.
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- Definition Segment Operating Income As a Percentage Of Revenues No definition available.
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- Definition Unallocated corporate expense No definition available.
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- Definition Amount of increase (decrease) in value of liability in contingent consideration arrangement in business combination, including, but not limited to, difference arising upon settlement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate net amount of depreciation, amortization, and accretion recognized during an accounting period. As a noncash item, the net amount is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- Definition Amount, after cash payment, of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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