Fortune Brands Innovations (FBIN) 10-Q 31 Jul 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Jul. 20, 2018
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Trading Symbol	FBHS
Entity Registrant Name	FORTUNE BRANDS HOME & SECURITY, INC.
Entity Central Index Key	1,519,751
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		142,419,669

Condensed Consolidated Statemen

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	$ 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	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	320.2
Interest expense	17.4	12.3	32.1	24.2
Other income, net	(3.4)	(2.3)	(6.2)	(7)
Income before income taxes	174.6	199.2	282.1	303
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

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions		Jun. 30, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents		$ 345.5	$ 323
Accounts receivable, net		657.5	555.3
Inventories		627	580.8
Other current assets		175.5	142.6
Total current assets		1,805.5	1,601.7
Property, plant and equipment, net of accumulated depreciation		737.6	740
Goodwill	[1]	1,916.7	1,912
Other intangible assets, net of accumulated amortization		1,139	1,162.4
Other assets		98.3	95.3
Total assets		5,697.1	5,511.4
Current liabilities
Short-term debt		350
Accounts payable		428.7	428.8
Other current liabilities		451.8	478
Total current liabilities		1,230.5	906.8
Long-term debt		1,793.3	1,507.6
Deferred income taxes		156.2	166.8
Accrued defined benefit plans		170.6	175.9
Other non-current liabilities		171.8	153.2
Total liabilities		3,522.4	2,910.3
Commitments and contingencies (see Note 18)
Fortune Brands stockholders' equity
Common stock	[2]	1.8	1.7
Paid-in capital		2,751.5	2,724.9
Accumulated other comprehensive loss		(53.2)	(39.2)
Retained earnings		1,350.5	1,174.2
Treasury stock		(1,877.5)	(1,262.1)
Total Fortune Brands stockholders' equity		2,173.1	2,599.5
Noncontrolling interests		1.6	1.6
Total equity		2,174.7	2,601.1
Total liabilities and equity		$ 5,697.1	$ 5,511.4
[1]	Net of accumulated impairment losses of $399.5 million in the Doors segment.
[2]	Common stock, par value $0.01 per share: 180.5 million shares and 179.8 million shares issued at June 30, 2018 and December 31, 2017, respectively.

Condensed Consolidated Balance4

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares shares in Millions	Jun. 30, 2018	Dec. 31, 2017
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares issued	180.5	179.8

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017
Operating activities
Net income		$ 204.6	$ 215.1
Non-cash items affecting net income:
Depreciation		55	47.9
Amortization		16.4	16.1
Stock-based compensation		22.9	20.9
Deferred income taxes		(9.9)	5.6
Loss on sale of product line			2.4
Asset impairment charges			3.2
Amortization of deferred financing fees		1	1
Loss on sale of property, plant and equipment		1.8
Changes in assets and liabilities:
Increase in accounts receivable		(94.5)	(42.3)
Increase in inventories		(49)	(47.3)
Increase in accounts payable		12.3	3.4
Increase in other assets		(18)	(26.4)
Decrease in accrued expenses and other liabilities		(30)	(46.4)
Increase in accrued taxes		24.7	18
Net cash provided by operating activities		137.3	171.2
Investing activities
Capital expenditures	[1]	(67.2)	(59.5)
Proceeds from disposition of assets		0.7
Proceeds from sale of product line			1.5
Cost of acquisitions, net of cash acquired		(5.8)	(0.1)
Net cash used in investing activities		(72.3)	(58.1)
Financing activities
Increase in short-term debt		350
Issuance of long-term debt		920	205
Repayment of long-term debt		(635)	(245)
Proceeds from the exercise of stock options		3.8	22.1
Treasury stock purchases		(602.7)	(32.7)
Employee withholding taxes paid related to stock-based compensation		(12.7)	(9.3)
Dividends to stockholders		(58.6)	(55.3)
Net cash used by financing activities		(35.2)	(115.2)
Effect of foreign exchange rate changes on cash		(7.3)	3.3
Net increase in cash and cash equivalents		22.5	1.2
Cash and cash equivalents at beginning of period		323	251.5
Cash and cash equivalents at end of period		$ 345.5	$ 252.7
[1]	Capital expenditures of $8.2 million and $11.8 million that have not been paid as of June 30, 2018 and 2017 respectively, were excluded from the Statements of Cash Flows.

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) (Parenthetical) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Capital expenditures incurred but not yet paid	$ 8.2	$ 11.8

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Equity (Unaudited) - USD ($) $ in Millions	Total	Common Stock	Paid-In Capital	Accumulated Other Comprehensive Loss	Retained Earnings	Treasury Stock	Non- controlling Interests
Beginning Balance at Dec. 31, 2016	$ 2,363	$ 1.7	$ 2,653.8	$ (71.9)	$ 814.6	$ (1,036.7)	$ 1.5
Comprehensive income:
Net income	215.1				215.1
Other comprehensive income (loss)	17.3			17.3
Stock options exercised	22.1		22.1
Stock-based compensation	11.6		20.9			(9.3)
Treasury stock purchase	(32.7)					(32.7)
Dividends	(27.7)				(27.7)
Ending Balance at Jun. 30, 2017	2,568.7	1.7	2,696.8	(54.6)	1,002	(1,078.7)	1.5
Beginning Balance at Dec. 31, 2017	2,601.1	1.7	2,724.9	(39.2)	1,174.2	(1,262.1)	1.6
Comprehensive income:
Net income	204.6				204.6
Other comprehensive income (loss)	(14)			(14)
Stock options exercised	3.8	0.1	3.7
Stock-based compensation	10.2		22.9			(12.7)
Treasury stock purchase	(602.7)					(602.7)
Dividends	(28.3)				(28.3)
Ending Balance at Jun. 30, 2018	$ 2,174.7	$ 1.8	$ 2,751.5	$ (53.2)	$ 1,350.5	$ (1,877.5)	$ 1.6

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Equity (Unaudited) (Parenthetical) - $ / shares	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Dividends per Common share	$ 0.20	$ 0.18

Basis of Presentation and Princ

Basis of Presentation and Principles of Consolidation	6 Months Ended
	Jun. 30, 2018
Basis of Presentation and Principles of Consolidation	1. Basis of Presentation and Principles of Consolidation References to “Fortune Brands,” “the Company,” “we,” “our” and “us” refer to Fortune Brands Home & Security, Inc. and its consolidated subsidiaries as a whole, unless the context otherwise requires. The Company is a leading home and security products company with a portfolio of leading branded products used for residential home repair, remodeling, new construction and security applications. The condensed consolidated balance sheet as of June 30, 2018, the related condensed consolidated statements of comprehensive income for the six and three months ended June 30, 2018 and 2017 and the related condensed consolidated statements of cash flows and equity for the six months ended June 30, 2018 and 2017 are unaudited. During the first quarter of 2018, we adopted Accounting Standards Update (“ASU”) 2017-07 The condensed consolidated financial statements and notes are presented pursuant to the rules and regulations of the Securities and Exchange Commission and do not contain certain information included in our annual audited consolidated financial statements and notes. The December 31, 2017 condensed consolidated balance sheet was derived from our audited consolidated financial statements, but does not include all disclosures required by U.S. generally accepted accounting principles (“GAAP”). This Quarterly Report on Form 10-Q 10-K In October 2017, we acquired Victoria +Albert, a UK-based UK-based

Recently Issued Accounting Stan

Recently Issued Accounting Standards	6 Months Ended
	Jun. 30, 2018
Recently Issued Accounting Standards	2. Recently Issued Accounting Standards Revenue from Contracts with Customers In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-09, 2014-09 A majority of our sales revenue continues to be recognized when products are shipped from our facilities to our customers. Previously, for certain products, we recognized sales revenue at destination as we determined risks and rewards transferred at that point. We now recognize sales revenue for these customers at the shipping point of the products consistent with the respective contractual terms. See Note 11, “Revenue,” for further information. Leases In February 2016, the FASB issued ASU 2016-02, “right-of-use” 2018-01, 2018-10 2016-02 Presentation of Net Periodic Pension and Postretirement Cost In March 2017, the FASB issued ASU 2017-07, which 2014-09 Stock Compensation Scope of Modification Accounting In May 2017, the FASB issued ASU 2017-09, non-substantive Clarifying the Definition of a Business In January 2017, the FASB issued ASU 2017-01, Restricted Cash In November 2016, the FASB issued ASU 2016-18, Intra-Entity Transfers of Assets Other Than Inventory In October 2016, the FASB issued ASU 2016-16, Classification of Certain Cash Receipts and Cash Payments In September 2016, the FASB issued ASU 2016-15, Recognition and Measurement of Financial Assets and Financial Liabilities In January 2016, the FASB issued ASU 2016-01, available-for-sale Clarifying Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets In February 2017, the FASB issued ASU 2017-05, non-customer. Improvements to Accounting for Hedging Activities In August 2017, the FASB issued ASU 2017-12 Financial Instruments—Credit Losses In June 2016, the FASB issued ASU 2016-13, off-balance-sheet Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income In February 2018, the FASB issued ASU 2018-02, Improvements to Nonemployee Share-Based Payment Accounting In June 2018, the FASB issued ASU 2018-07 Codification Improvements In July 2018, the FASB issued ASU 2018-09

Balance Sheet Information

Balance Sheet Information	6 Months Ended
	Jun. 30, 2018
Balance Sheet Information	3. Balance Sheet Information Supplemental information on our balance sheets is as follows: (In millions) June 30, December 31, Inventories: Raw materials and supplies $ 229.6 $ 224.9 Work in process 61.2 58.3 Finished products 336.2 297.6 Total inventories $ 627.0 $ 580.8 Property, plant and equipment, gross $ 1,815.9 $ 1,780.4 Less: accumulated depreciation 1,078.3 1,040.4 Property, plant and equipment, net $ 737.6 $ 740.0

Acquisitions and Dispositions

Acquisitions and Dispositions	6 Months Ended
	Jun. 30, 2018
Acquisitions and Dispositions	4. Acquisitions and Dispositions In October 2017, we acquired Victoria + Albert, a UK-based UK-based In April 2017, we completed the sale of Field ID, our cloud-based inspection and safety compliance software product line formerly included in our Security segment.

Goodwill and Identifiable Intan

Goodwill and Identifiable Intangible Assets	6 Months Ended
	Jun. 30, 2018
Goodwill and Identifiable Intangible Assets	5. Goodwill and Identifiable Intangible Assets We had goodwill of $1,916.7 million and $1,912.0 million as of June 30, 2018 and December 31, 2017, respectively. The $4.7 million increase was primarily due to acquisition-related adjustments in our Plumbing segment, including $5.8 million of additional purchase price consideration paid during the six months ended June 30, 2018 related to our acquisition of Victoria + Albert, partially offset by foreign translation adjustments. The change in the net carrying amount of goodwill by segment was as follows: (In millions) Cabinets Plumbing Doors Security Total Goodwill at December 31, 2017 (a) $ 926.3 $ 745.2 $ 143.0 $ 97.5 $ 1,912.0 Year-to-date (1.5 ) (1.1 ) — (0.8 ) (3.4 ) Acquisition-related adjustments — 8.1 — — 8.1 Goodwill at June 30, 2018 (a) $ 924.8 $ 752.2 $ 143.0 $ 96.7 $ 1,916.7 (a) Net of accumulated impairment losses of $399.5 million in the Doors segment. We also had net identifiable intangible assets, principally tradenames, of $1,139.0 million and $1,162.4 million as of June 30, 2018 and December 31, 2017, respectively. The $8.6 million decrease in gross identifiable intangible assets was primarily due to foreign translation adjustments and acquisition related adjustments. The gross carrying value and accumulated amortization by class of identifiable intangible assets as of June 30, 2018 and December 31, 2017 were as follows: (In millions) As of June 30, 2018 As of December 31, 2017 Gross Accumulated Net Gross Accumulated Net Indefinite-lived tradenames $ 706.2 $ — $ 706.2 $ 709.9 $ — $ 709.9 Amortizable intangible assets Tradenames 15.5 (10.8 ) 4.7 15.7 (9.9 ) 5.8 Customer and contractual relationships 658.9 (244.7 ) 414.2 663.8 (232.0 ) 431.8 Patents/proprietary technology 60.4 (46.5 ) 13.9 60.2 (45.3 ) 14.9 Total 734.8 (302.0 ) 432.8 739.7 (287.2 ) 452.5 Total identifiable intangibles $ 1,441.0 $ (302.0 ) $ 1,139.0 $ 1,449.6 $ (287.2 ) $ 1,162.4 Amortizable identifiable intangible assets are subject to amortization on a straight-line basis over their estimated useful life, ranging from 2 to 20 years, based on the assessment of a number of factors that may impact useful life. These factors include historical and tradename performance with respect to consumer name recognition, geographic market presence, market share, plans for ongoing tradename support and promotion, customer attrition rates and other relevant factors. In the first six months of 2018, no events or circumstances occurred that would have required us to perform interim impairment tests of goodwill or indefinite-lived tradenames. As of December 31, 2017, the fair value of two tradenames in the Cabinets segment exceeded their carrying value by less than 10%. Accordingly, a reduction in the estimated fair value of these tradenames could trigger an impairment. As of December 31, 2017, the total carrying value of these tradenames was $217.8 million. Factors influencing our fair value estimates of the tradenames are described in the following paragraph. The events and/or circumstances that could have a potential negative effect on the estimated fair value of our reporting units and indefinite-lived tradenames include: actual new construction and repair and remodel growth rates that lag our assumptions, actions of key customers, volatility of discount rates, continued economic uncertainty, higher levels of unemployment, weak consumer confidence, lower levels of discretionary consumer spending, a decrease in royalty rates and decline in the trading price of our common stock. We cannot predict the occurrence of certain events or changes in circumstances that might adversely affect the carrying value of goodwill and indefinite-lived intangible assets.

Asset Impairment

Asset Impairment	6 Months Ended
	Jun. 30, 2018
Asset Impairment	6. Asset Impairment In January 2017, we committed to a plan to sell Field ID, our cloud-based inspection and safety compliance software product line included in our Security segment. In accordance with FASB Accounting Standards Codification (“ASC”) 360, as a result of our decision to sell, we recorded $3.2 million of pre-tax

External Debt and Financing Arr

External Debt and Financing Arrangements	6 Months Ended
	Jun. 30, 2018
External Debt and Financing Arrangements	7. External Debt and Financing Arrangements In March 2018, the Company entered into a $350 million term loan for general corporate purposes that matures in March 2019. Interest rates under the term loan are variable based on LIBOR at the time of the borrowing and the Company’s long-term credit rating and can range from LIBOR + 0.625% to LIBOR + 1.25%. Covenants under the term loan are the same as the existing $1.25 billion revolving credit agreement described below. As of June 30, 2018, we were in compliance with all covenants under this term loan. In June 2016, the Company amended and restated its credit agreement to combine and rollover the existing revolving credit facility and term loan into a new standalone $1.25 billion revolving credit facility. The amendment and restatement was a non-cash In June 2015, we issued $900 million of unsecured senior notes (“Senior Notes”) in a registered public offering. The Senior Notes consist of two tranches: $400 million of five-year notes due 2020 with a coupon of 3% and $500 million of ten-year We currently have uncommitted bank lines of credit in China, which provide for unsecured borrowings for working capital of up to $23.5 million in aggregate, of which there were no outstanding balances as of June 30, 2018 and December 31, 2017.

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2018
Financial Instruments	8. Financial Instruments We do not enter into financial instruments for trading or speculative purposes. We principally use financial instruments to reduce the impact of changes in foreign currency exchange rates and commodities used as raw materials in our products. The principal derivative financial instruments we enter into on a routine basis are foreign exchange contracts. Derivative financial instruments are recorded at fair value. The counterparties to derivative contracts are major financial institutions. We are subject to credit risk on these contracts equal to the fair value of these instruments. Management currently believes that the risk of incurring material losses is unlikely and that the losses, if any, would be immaterial to the Company. Raw materials used by the Company are subject to price volatility caused by weather, supply conditions, geopolitical and economic variables, and other unpredictable external factors. As a result, from time to time, we enter into commodity swaps to manage the price risk associated with forecasted purchases of materials used in our operations. Our primary foreign currency hedge contracts pertain to the Canadian dollar, the British pound, and the Mexican peso. The gross U.S. dollar equivalent notional amount of all foreign currency derivative hedges outstanding at June 30, 2018 was $355.7 million. Based on foreign exchange rates as of June 30, 2018, we estimate that $1.2 million of net foreign currency derivative gains included in other accumulated comprehensive loss as of June 30, 2018 will be reclassified to earnings within the next twelve months. The fair values of derivative instruments on the consolidated balance sheets as of June 30, 2018 and December 31, 2017 were as follows: (In millions) Fair Value Location June 30, December 31, Assets Foreign exchange contracts Other current assets $ 8.9 $ 0.8 Net investment hedges Other current assets 0.5 — Commodity contracts Other current assets — 0.2 Total assets $ 9.4 $ 1.0 Liabilities Foreign exchange contracts Other current liabilities $ 1.9 $ 5.6 Commodity contracts Other current liabilities 0.1 — Net investment hedges Other current liabilities — 0.8 Total current liabilities $ 2.0 $ 6.4 The effects of derivative financial instruments on the statements of comprehensive income for the six and three months ended June 30, 2018 and 2017 were as follows: Gain (Loss) Recognized in Income (In millions) Type of hedge Location 2018 2017 Cash flow Cost of products sold $ — $ 1.0 Fair value Other expense (income), net 1.4 (0.5 ) Total $ 1.4 $ 0.5 Gain (Loss) Recognized in (In millions) Type of hedge Location 2018 2017 Cash flow Cost of products sold $ 0.5 $ 1.6 Fair value Other expense (income), net 1.5 0.6 Total $ 2.0 $ 2.2 The effective portion of cash flow hedges recognized in other comprehensive income were net gains of $4.0 million and $3.7 million in the six months ended June 30, 2018 and 2017, respectively. The effective portion of cash flow hedges recognized in other comprehensive income were net losses of $0.3 million and $1.6 million in the three months ended June 30, 2018 and 2017, respectively. In the six and three months ended June 30, 2018 and 2017, the ineffective portion of cash flow hedges recognized in other (income) expense, net, was insignificant.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2018
Fair Value Measurements	9. Fair Value Measurements ASC requirements for Fair Value Measurements and Disclosures establish a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three levels. Level 1 inputs, the highest priority, are quoted prices in active markets for identical assets or liabilities. Level 2 inputs reflect inputs other than quoted prices included in level 1 that are either observable directly or through corroboration with observable market data. Level 3 inputs are unobservable inputs, due to little or no market activity for the asset or liability, such as internally-developed valuation models. We do not have any assets or liabilities measured at fair value on a recurring basis that are level 3. The carrying value, net of underwriting commissions, price discounts, and debt issuance costs and fair value of debt as of June 30, 2018 and December 31, 2017 were as follows: (In millions) June 30, 2018 December 31, 2017 Carrying Fair Carrying Fair Revolving credit facility $ 900.0 $ 900.0 $ 615.0 $ 615.0 Term Loan 350.0 350.0 — — Senior Notes 893.3 898.5 892.6 926.3 The estimated fair value of our term loan and revolving credit facility is determined primarily using broker quotes, which are level 2 inputs. The estimated fair value of our Senior Notes is determined by using quoted market prices of our debt securities, which are level 2 inputs. Assets and liabilities measured at fair value on a recurring basis as of June 30, 2018 and December 31, 2017 were as follows: (In millions) Fair Value June 30, December 31, Assets Derivative financial instruments (level 2) $ 9.4 $ 1.0 Deferred compensation program assets (level 2) 9.0 7.5 Total assets $ 18.4 $ 8.5 Liabilities Derivative financial instruments (level 2) $ 2.0 $ 6.4

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2018
Accumulated Other Comprehensive Loss	10. Accumulated Other Comprehensive Loss Total accumulated other comprehensive (loss) income consists of net income and other changes in business equity from transactions and other events from sources other than shareholders. It includes currency translation gains and losses, unrealized gains and losses from derivative instruments designated as cash flow hedges, and defined benefit plan adjustments. The after-tax (In millions) Foreign Derivative Defined (a) Accumulated Balance at December 31, 2016 $ (28.0 ) $ (0.6 ) $ (43.3 ) $ (71.9 ) Amounts classified into accumulated other comprehensive income (loss) 17.7 3.3 — 21.0 Amounts reclassified from accumulated other comprehensive loss — (0.5 ) (3.2 ) (3.7 ) Net current-period other comprehensive income (loss) 17.7 2.8 (3.2 ) 17.3 Balance at June 30, 2017 $ (10.3 ) $ 2.2 $ (46.5 ) $ (54.6 ) Balance at December 31, 2017 $ 5.8 $ (2.4 ) $ (42.6 ) $ (39.2 ) Amounts classified into accumulated other comprehensive income (loss) (17.1 ) 2.9 0.2 (14.0 ) Amounts reclassified from accumulated other comprehensive loss — — — — Net current-period other comprehensive (loss) income (17.1 ) 2.9 0.2 (14.0 ) Balance at June 30, 2018 $ (11.3 ) $ 0.5 $ (42.4 ) $ (53.2 ) (a) See Note 12, “Defined Benefit Plans,” for further information on the adjustments related to defined benefit plans. The reclassifications out of accumulated other comprehensive loss for the six and three months ended June 30, 2018 and 2017 were as follows: (In millions) Details about Accumulated Other Comprehensive Loss Components Amount Reclassified from Affected Line Item in 2018 2017 Gains (losses) on cash flow hedges Foreign exchange contracts $ — $ 1.0 Cost of products sold — 1.0 Total before tax — (0.5 ) Tax expense $ — $ 0.5 Net of tax Defined benefit plan items Recognition of prior service credits $ — $ 5.1 (a) — 5.1 Total before tax — (1.9 ) Tax expense $ — $ 3.2 Net of tax Total reclassifications for the period $ — $ 3.7 Net of tax (In millions) Details about Accumulated Other Comprehensive Loss Components Amount Reclassified from Affected Line Item in 2018 2017 Gains (losses) on cash flow hedges Foreign exchange contracts $ 0.5 $ 1.7 Cost of products sold Commodity contracts — (0.1 ) Cost of products sold 0.5 1.6 Total before tax (0.2 ) (0.5 ) Tax expense $ 0.3 $ 1.1 Net of tax Defined benefit plan items Recognition of prior service credits $ — $ 2.1 (a) — 2.1 Total before tax — (0.7 ) Tax expense $ — $ 1.4 Net of tax Total reclassifications for the period $ 0.3 $ 2.5 Net of tax (a) These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost. Refer to Note 12, “Defined Benefit Plans,” for additional information.

Revenue

Revenue	6 Months Ended
	Jun. 30, 2018
Revenue	11. Revenue Our principal performance obligations are the sale of kitchen and bath cabinets, faucets and accessories, fiberglass and steel entry-door systems and locks, safes, safety and security devices (collectively, “goods” or “products”). We recognize revenue for the sale of goods based on our assessment of when control transfers to our customers. For the majority of our sales, we recognize revenue at the point in time when we ship product from our facilities to our customers. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods to our customers. Payment terms on our product sales normally range from 30 to 90 days. Taxes assessed by a governmental authority that we collect are excluded from revenue. The expected costs associated with our contractual warranties will continue to be recognized as expense when the products are sold. See Note 14, “Product Warranties,” for further discussion. We record estimates to reduce revenue for customer programs and incentives, which are considered variable consideration, and include price discounts, volume-based incentives, promotions and cooperative advertising when revenue is recognized in order to determine the amount of consideration the Company will ultimately be entitled to receive. These estimates are based on historical and projected experience for each type of customer. In addition, for certain customer program incentives, we receive an identifiable benefit (goods or services) in exchange for the consideration given and record the associated expenditure in selling, general and administrative expenses. We account for shipping and handling costs that occur after the customer has obtained control of a product as a fulfillment activity (i.e., as an expense) rather than as a promised service (i.e., as a revenue element). These costs are classified within selling, general and administrative expenses. Settlement of our outstanding accounts receivable balances is normally within 30 to 90 days of the original sale transaction date. Obligations arise for us from customer rights to return our goods for any reason, including among others, product obsolescence, stock rotations, trade-in The Company disaggregates revenue from contracts with customers into (i) major sales distribution channels in the U.S. and (ii) total sales to customers outside the U.S. market as these categories depict the nature, amount, timing and uncertainty of revenues and cash flows that are affected by economic factors. The following table disaggregates our consolidated revenue by major sales distribution channels for the six and three months ended June 30, 2018. (In millions) Six Three 2018 2018 Wholesalers (1) $ 1,268.7 $ 683.1 Home Center retailers (2) 724.7 375.0 Other retailers (3) 157.2 81.1 Builder direct 110.1 58.6 U.S. net sales 2,260.7 1,197.8 International (4) 422.9 231.2 Net sales $ 2,683.6 $ 1,429.0 (1) Represents sales to customers whose business is oriented towards builders, professional trades and home remodelers, inclusive of sales through our customers’ respective internet website portals. (2) Represents sales to the three largest “Do-It-Yourself” (3) Represents sales principally to our mass merchant and standalone independent e-commerce (4) Represents sales in markets outside the United States, principally in China, Canada, Europe and Mexico. Practical Expedients Incremental costs of obtaining a contract include only those costs the Company incurs that would not have been incurred if the contract had not been obtained. These costs are required to be recognized as assets and amortized over the period that the related goods or services transfer to the customer. As a practical expedient, we expense as incurred costs to obtain a contract when the expected amortization period is one year or less. These costs are recorded within selling, general and administrative expenses.

Defined Benefit Plans

Defined Benefit Plans	6 Months Ended
	Jun. 30, 2018
Defined Benefit Plans	12. Defined Benefit Plans The components of net periodic benefit cost for pension and postretirement benefits for the six and three months ended June 30, 2018 and 2017 were as follows: (In millions) Six Months Ended June 30, Pension Benefits Postretirement Benefits 2018 2017 2018 2017 Service cost $ 0.3 $ 0.3 $ — $ — Interest cost 15.3 16.7 — — Expected return on plan assets (20.5 ) (18.7 ) — — Recognition of prior service credits — — — (5.1 ) Net periodic benefit income $ (4.9 ) $ (1.7 ) $ — $ (5.1 ) (In millions) Three Months Ended June 30, Pension Benefits Postretirement Benefits 2018 2017 2018 2017 Service cost $ 0.1 $ 0.2 $ — $ — Interest cost 7.7 8.3 — — Expected return on plan assets (10.2 ) (9.4 ) — — Recognition of prior service credits — — — (2.1 ) Net periodic benefit income $ (2.4 ) $ (0.9 ) $ — $ (2.1 ) Service cost for 2018 relates to benefit accruals in an hourly Union defined benefit plan in our Security segment. All other defined benefit pension plans were frozen as of December 31, 2016. In March 2017, the FASB issued ASU 2017-07, non-service 2017-07 (In millions) Six Months Ended Three Months Ended 2017 2017 Increase to cost of products sold $ 5.1 $ 2.2 Increase to selling, general and administrative expenses 2.0 1.0 Decrease to operating income $ (7.1 ) $ (3.2 )

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2018
Income Taxes	13. Income Taxes The effective income tax rates for the six months ended June 30, 2018 and 2017 were 27.4% and 28.2%, respectively. The effective income tax rate in 2018 was favorably impacted by the corporate tax rate reduction from 35% to 21% under the Tax Cuts and Jobs Act of 2017 (the “Tax Act”), and a benefit associated with the U.S. research and development credit. The effective income tax rate in 2018 was unfavorably impacted by an adjustment to the deemed repatriation tax liability recorded in 2017 under the Tax Act, the repeal of the Domestic Production Activity (Internal Revenue Code Section 199) Deduction, state and local taxes, and increases to uncertain tax positions. The effective income tax rate in 2017 was favorably impacted by a tax benefit attributable to the share-based compensation (ASU 2016-09) The effective income tax rates for the three months ended June 30, 2018 and 2017 were 25.7% and 29.6%, respectively. The effective income tax rate for the three months ended June 30, 2018 was favorably impacted by the corporate tax rate reduction from 35% to 21% under the Tax Cuts and Jobs Act of 2017 (the “Tax Act”), and a benefit associated with the U.S. research and development credit. The effective income tax rate for the three months ended June 30, 2018 was unfavorably impacted by the repeal of the Domestic Production Activity (Internal Revenue Code Section 199) Deduction, state and local taxes, and increases to uncertain tax positions. The effective income tax rate for the three months ended June 30, 2017 was favorably impacted by a tax benefit attributable to the share-based compensation deduction, a tax benefit attributable to the Domestic Production Activity (Internal Revenue Code Section 199) Deduction, favorable tax rates in foreign jurisdictions, and a benefit associated with the U.S. research and development credit, offset by state and local taxes and increases to uncertain tax positions. On December 22, 2017, Staff Accounting Bulletin No. 118 (“SAB 118”) was issued which deals with the application of U.S. GAAP to situations where a registrant does not have the necessary information available, prepared or analyzed (including computations) in reasonable detail to complete the accounting for certain income tax effects of the Tax Act. In accordance with SAB 118, we calculated our best estimate of the impact of the Tax Act on our 2017 effective income tax rate. Due to additional guidance received in the first quarter of 2018 and additional analysis, an unfavorable adjustment of $5.4 million, impacting the six months ended June 30, 2018 was recorded to income tax expense during the first quarter of 2018. As of June 30, 2018, we have not completed our accounting for all of the tax effects of the Tax Act. It is reasonably possible that, within the next 12 months, total unrecognized tax benefits may decrease in the range of $2.0 million to $11.0 million, primarily as a result of the conclusion of pending U.S. federal, state and foreign income tax proceedings.

Product Warranties

Product Warranties	6 Months Ended
	Jun. 30, 2018
Product Warranties	14. Product Warranties We generally record warranty expense related to contractual warranty terms at the time of sale. We may also provide customer concessions for claims made outside of the contractual warranty terms and those expenses are recorded in the period in which the concession is made. We offer our customers various warranty terms based on the type of product that is sold. Warranty expense is determined based on historic claim experience and the nature of the product category. The following table summarizes activity related to our product warranty liability for the six months ended June 30, 2018 and 2017. (In millions) Six Months Ended June 30, 2018 2017 Reserve balance at January 1, $ 17.2 $ 16.2 Provision for warranties issued 12.6 13.1 Settlements made (in cash or in kind) (12.8 ) (13.3 ) Reserve balance at June 30, $ 17.0 $ 16.0

Information on Business Segment

Information on Business Segments	6 Months Ended
	Jun. 30, 2018
Information on Business Segments	15. Information on Business Segments Net sales and operating income for the six and three months ended June 30, 2018 and 2017 by segment were as follows: Six Months Ended June 30, (In millions) 2018 2017 % Change Net Sales Cabinets $ 1,194.8 $ 1,227.0 (2.6 )% Plumbing 933.4 813.2 14.8 Doors 270.5 235.7 14.8 Security 284.9 276.3 3.1 Net sales $ 2,683.6 $ 2,552.2 5.1 % Operating Income Cabinets $ 93.5 $ 135.7 (31.1 )% Plumbing (a) 183.7 168.4 9.1 Doors 41.0 30.7 33.6 Security 32.5 28.7 13.2 Less: Corporate expenses (a) (42.7 ) (43.3 ) 1.4 Operating income $ 308.0 $ 320.2 (3.8 )% (a) We revised our previously reported results for the six months ended June 30, 2017 for ASU 2017-07, (In millions) Three Months Ended June 30, 2018 2017 % Change Net Sales Cabinets $ 637.6 $ 653.4 (2.4 )% Plumbing 483.7 434.8 11.2 Doors 160.2 133.5 20.0 Security 147.5 143.7 2.6 Net sales $ 1,429.0 $ 1,365.4 4.7 % Operating Income Cabinets $ 69.4 $ 88.7 (21.8 )% Plumbing (a) 95.3 101.2 (5.8 ) Doors 27.9 22.5 24.0 Security 17.4 18.6 (6.5 ) Less: Corporate expenses (a) (21.4 ) (21.8 ) 1.8 Operating income $ 188.6 $ 209.2 (9.8 )% (a) We revised our previously reported results for the three months ended June 30, 2017 for ASU 2017-07,

Restructuring and Other Charges

Restructuring and Other Charges	6 Months Ended
	Jun. 30, 2018
Restructuring and Other Charges	16. Restructuring and Other Charges Pre-tax (In millions) Six Months Ended June 30, 2018 Six Months Ended June 30, 2017 Restructuring Other Charges (a) Total Restructuring Other Charges (a) Total Cabinets $ 7.6 $ 4.3 $ 11.9 $ — $ — $ — Plumbing 1.5 0.1 1.6 1.6 — 1.6 Doors 0.8 — 0.8 (0.2 ) 0.1 (0.1 ) Security 1.7 1.0 2.7 1.7 0.6 2.3 Total $ 11.6 $ 5.4 $ 17.0 $ 3.1 $ 0.7 $ 3.8 (a) “Other Charges” represent charges directly related to restructuring initiatives that cannot be reported as restructuring under GAAP. Such costs may include losses on disposal of inventories, trade receivables allowances from exiting product lines, accelerated depreciation resulting from the closure of facilities, gains or losses on the sale of previously closed facilities and forfeiture of stock based compensation related to workforce reduction actions. Restructuring and other charges in the first six months of 2018 largely related to severance costs within our Cabinets, Security and Plumbing segments and our initiatives to consolidate our manufacturing footprint in our Cabinets segment. Restructuring and other charges in the first six months of 2017 largely related to severance costs within our Security and Plumbing segments. (In millions) Three Months Ended June 30, 2018 Three Months Ended June 30, 2017 Restructuring Other Charges (a) Total Restructuring Other Charges (a) Total Cabinets $ 7.3 $ 4.5 $ 11.8 $ — $ — $ — Plumbing 1.7 0.1 1.8 0.2 — 0.2 Doors 0.1 — 0.1 — 0.1 0.1 Security 1.7 0.9 2.6 0.7 (0.1 ) 0.6 Total $ 10.8 $ 5.5 $ 16.3 $ 0.9 $ — $ 0.9 (a) “Other Charges” represent charges directly related to restructuring initiatives that cannot be reported as restructuring under GAAP. Such costs may include losses on disposal of inventories, trade receivables allowances from exiting product lines, accelerated depreciation resulting from the closure of facilities, gains or losses on the sale of previously closed facilities and forfeiture of stock based compensation related to workforce reduction actions. Restructuring and other charges in the second quarter of 2018 primarily resulted from severance costs within our Cabinets, Security and Plumbing segments and our initiatives to consolidate our manufacturing footprint in our Cabinets segment. Restructuring and other charges in the second quarter of 2017 primarily resulted from severance costs and charges associated with supply chain initiatives within our Security segment. Reconciliation of Restructuring Liability (In millions) Balance at 2018 Cash (a) Non-Cash Write-offs (b) Balance at Workforce reduction costs $ 5.0 $ 11.1 $ (3.7 ) $ — $ 12.4 Other 0.8 0.5 (0.5 ) (0.6 ) 0.2 $ 5.8 $ 11.6 $ (4.2 ) $ (0.6 ) $ 12.6 (In millions) Balance at 2017 Cash (a) Non-Cash Write-offs (b) Balance at Workforce reduction costs $ 2.4 $ 2.6 $ (2.1 ) $ — $ 2.9 Other 0.6 0.5 (0.9 ) — 0.2 $ 3.0 $ 3.1 $ (3.0 ) $ — $ 3.1 (a) Cash expenditures primarily related to severance charges. (b) Non-cash

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2018
Earnings Per Share	17. Earnings Per Share The computations of earnings per common share were as follows: (In millions, except per share data) Six Months Ended Three Months Ended 2018 2017 2018 2017 Income from continuing operations, net of tax $ 204.8 $ 217.7 $ 129.7 $ 140.3 Less: Noncontrolling interest — — 0.1 — Income from continuing operations for EPS $ 204.8 $ 217.7 $ 129.6 $ 140.3 Loss from discontinued operations, net of tax (0.2 ) (2.6 ) — (2.6 ) Net income attributable to Fortune Brands $ 204.6 $ 215.1 $ 129.6 $ 137.7 Earnings per common share Basic Continuing operations $ 1.39 $ 1.42 $ 0.89 $ 0.91 Discontinued operations — (0.02 ) — (0.02 ) Net income attributable to Fortune Brands common stockholders $ 1.39 $ 1.40 $ 0.89 $ 0.89 Diluted Continuing operations $ 1.37 $ 1.39 $ 0.88 $ 0.90 Discontinued operations — (0.02 ) — (0.02 ) Net income attributable to Fortune Brands common stockholders $ 1.37 $ 1.37 $ 0.88 $ 0.88 Basic average shares outstanding 147.4 153.7 144.9 154.2 Stock-based awards 2.0 2.7 1.8 2.4 Diluted average shares outstanding 149.4 156.4 146.7 156.6 Antidilutive stock-based awards excluded from weighted-average number of shares outstanding for diluted earnings per share 1.0 0.6 1.5 0.6

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 2018
Contingencies	18. Contingencies Litigation We are defendants in lawsuits associated with the normal conduct of our businesses and operations. It is not possible to predict the outcome of the pending actions, and, as with any litigation, it is possible that these actions could be decided unfavorably to the Company. The Company believes that there are meritorious defenses to these actions and that these actions will not have a material adverse effect upon our results of operations, cash flows or financial condition, and where appropriate, these actions are being vigorously contested. Environmental Compliance with federal, state and local laws regulating the discharge of materials into the environment, or otherwise relating to the protection of the environment, did not have a material effect on capital expenditures, earnings or the competitive position of Fortune Brands during the three and six months ended June 30, 2018 and 2017. We are involved in remediation activities to clean up hazardous wastes as required by federal and state laws. Liabilities for remediation costs of each site are based on our best estimate of undiscounted future costs, excluding possible insurance recoveries or recoveries from other third parties. We believe, compliance with current environmental protection laws (before taking into account estimated recoveries from third parties) will not have a material adverse effect upon our results of operations, cash flows or financial condition. Uncertainties about the status of laws, regulations, technology and information related to individual sites make it difficult to develop estimates of environmental remediation exposures.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2018
Subsequent Events	19. Subsequent Events On July 13, 2018, the Company’s Board of Directors authorized the repurchase of up to $400 million of shares of the Company’s common stock over the two years ending July 13, 2020. The share repurchase program does not obligate the Company to repurchase any specific dollar amount or number of shares and may be suspended or discontinued at any time. In July 2018, we publicly announced an internal reorganization to combine our Doors and Security segments under common leadership to drive innovation, accelerate product development, and enhance investments and business processes. In conjunction with the reorganization, we changed how our chief operating decision maker evaluates and allocates resources for the combined business. As a result, starting in the third quarter of 2018, we will have a new reportable segment – Doors and Security. Reporting for the new Doors and Security segment will begin in the third quarter of 2018 with historical financial segment information restated prospectively to conform to the new segment presentation.

Balance Sheet Information (Tabl

Balance Sheet Information (Tables)	6 Months Ended
	Jun. 30, 2018
Supplemental Information on Balance Sheets	Supplemental information on our balance sheets is as follows: (In millions) June 30, December 31, Inventories: Raw materials and supplies $ 229.6 $ 224.9 Work in process 61.2 58.3 Finished products 336.2 297.6 Total inventories $ 627.0 $ 580.8 Property, plant and equipment, gross $ 1,815.9 $ 1,780.4 Less: accumulated depreciation 1,078.3 1,040.4 Property, plant and equipment, net $ 737.6 $ 740.0

Goodwill and Identifiable Int29

Goodwill and Identifiable Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2018
Change in Net Carrying Amount of Goodwill by Segment	The change in the net carrying amount of goodwill by segment was as follows: (In millions) Cabinets Plumbing Doors Security Total Goodwill at December 31, 2017 (a) $ 926.3 $ 745.2 $ 143.0 $ 97.5 $ 1,912.0 Year-to-date (1.5 ) (1.1 ) — (0.8 ) (3.4 ) Acquisition-related adjustments — 8.1 — — 8.1 Goodwill at June 30, 2018 (a) $ 924.8 $ 752.2 $ 143.0 $ 96.7 $ 1,916.7 (a) Net of accumulated impairment losses of $399.5 million in the Doors segment.
Gross Carrying Value and Accumulated Amortization by Class of Identifiable Intangible Assets	The gross carrying value and accumulated amortization by class of identifiable intangible assets as of June 30, 2018 and December 31, 2017 were as follows: (In millions) As of June 30, 2018 As of December 31, 2017 Gross Accumulated Net Gross Accumulated Net Indefinite-lived tradenames $ 706.2 $ — $ 706.2 $ 709.9 $ — $ 709.9 Amortizable intangible assets Tradenames 15.5 (10.8 ) 4.7 15.7 (9.9 ) 5.8 Customer and contractual relationships 658.9 (244.7 ) 414.2 663.8 (232.0 ) 431.8 Patents/proprietary technology 60.4 (46.5 ) 13.9 60.2 (45.3 ) 14.9 Total 734.8 (302.0 ) 432.8 739.7 (287.2 ) 452.5 Total identifiable intangibles $ 1,441.0 $ (302.0 ) $ 1,139.0 $ 1,449.6 $ (287.2 ) $ 1,162.4

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2018
Fair Values of Derivative Instruments	The fair values of derivative instruments on the consolidated balance sheets as of June 30, 2018 and December 31, 2017 were as follows: (In millions) Fair Value Location June 30, December 31, Assets Foreign exchange contracts Other current assets $ 8.9 $ 0.8 Net investment hedges Other current assets 0.5 — Commodity contracts Other current assets — 0.2 Total assets $ 9.4 $ 1.0 Liabilities Foreign exchange contracts Other current liabilities $ 1.9 $ 5.6 Commodity contracts Other current liabilities 0.1 — Net investment hedges Other current liabilities — 0.8 Total current liabilities $ 2.0 $ 6.4
Effects of Derivative Financial Instruments on Consolidated Statements of Income	The effects of derivative financial instruments on the statements of comprehensive income for the six and three months ended June 30, 2018 and 2017 were as follows: Gain (Loss) Recognized in Income (In millions) Type of hedge Location 2018 2017 Cash flow Cost of products sold $ — $ 1.0 Fair value Other expense (income), net 1.4 (0.5 ) Total $ 1.4 $ 0.5 Gain (Loss) Recognized in (In millions) Type of hedge Location 2018 2017 Cash flow Cost of products sold $ 0.5 $ 1.6 Fair value Other expense (income), net 1.5 0.6 Total $ 2.0 $ 2.2

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2018
Carrying Value and Fair Value of Debt	The carrying value, net of underwriting commissions, price discounts, and debt issuance costs and fair value of debt as of June 30, 2018 and December 31, 2017 were as follows: (In millions) June 30, 2018 December 31, 2017 Carrying Fair Carrying Fair Revolving credit facility $ 900.0 $ 900.0 $ 615.0 $ 615.0 Term Loan 350.0 350.0 — — Senior Notes 893.3 898.5 892.6 926.3
Assets and Liabilities Measured at Fair Value on Recurring Basis	Assets and liabilities measured at fair value on a recurring basis as of June 30, 2018 and December 31, 2017 were as follows: (In millions) Fair Value June 30, December 31, Assets Derivative financial instruments (level 2) $ 9.4 $ 1.0 Deferred compensation program assets (level 2) 9.0 7.5 Total assets $ 18.4 $ 8.5 Liabilities Derivative financial instruments (level 2) $ 2.0 $ 6.4

Accumulated Other Comprehensi32

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2018
After-Tax Components of and Changes in Accumulated Other Comprehensive Loss	The after-tax (In millions) Foreign Derivative Defined (a) Accumulated Balance at December 31, 2016 $ (28.0 ) $ (0.6 ) $ (43.3 ) $ (71.9 ) Amounts classified into accumulated other comprehensive income (loss) 17.7 3.3 — 21.0 Amounts reclassified from accumulated other comprehensive loss — (0.5 ) (3.2 ) (3.7 ) Net current-period other comprehensive income (loss) 17.7 2.8 (3.2 ) 17.3 Balance at June 30, 2017 $ (10.3 ) $ 2.2 $ (46.5 ) $ (54.6 ) Balance at December 31, 2017 $ 5.8 $ (2.4 ) $ (42.6 ) $ (39.2 ) Amounts classified into accumulated other comprehensive income (loss) (17.1 ) 2.9 0.2 (14.0 ) Amounts reclassified from accumulated other comprehensive loss — — — — Net current-period other comprehensive (loss) income (17.1 ) 2.9 0.2 (14.0 ) Balance at June 30, 2018 $ (11.3 ) $ 0.5 $ (42.4 ) $ (53.2 ) (a) See Note 12, “Defined Benefit Plans,” for further information on the adjustments related to defined benefit plans.
Reclassifications Out of Accumulated Other Comprehensive Loss	The reclassifications out of accumulated other comprehensive loss for the six and three months ended June 30, 2018 and 2017 were as follows: (In millions) Details about Accumulated Other Comprehensive Loss Components Amount Reclassified from Affected Line Item in 2018 2017 Gains (losses) on cash flow hedges Foreign exchange contracts $ — $ 1.0 Cost of products sold — 1.0 Total before tax — (0.5 ) Tax expense $ — $ 0.5 Net of tax Defined benefit plan items Recognition of prior service credits $ — $ 5.1 (a) — 5.1 Total before tax — (1.9 ) Tax expense $ — $ 3.2 Net of tax Total reclassifications for the period $ — $ 3.7 Net of tax (In millions) Details about Accumulated Other Comprehensive Loss Components Amount Reclassified from Affected Line Item in 2018 2017 Gains (losses) on cash flow hedges Foreign exchange contracts $ 0.5 $ 1.7 Cost of products sold Commodity contracts — (0.1 ) Cost of products sold 0.5 1.6 Total before tax (0.2 ) (0.5 ) Tax expense $ 0.3 $ 1.1 Net of tax Defined benefit plan items Recognition of prior service credits $ — $ 2.1 (a) — 2.1 Total before tax — (0.7 ) Tax expense $ — $ 1.4 Net of tax Total reclassifications for the period $ 0.3 $ 2.5 Net of tax (a) These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost. Refer to Note 12, “Defined Benefit Plans,” for additional information.

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2018
Disaggregation of Revenue	The Company disaggregates revenue from contracts with customers into (i) major sales distribution channels in the U.S. and (ii) total sales to customers outside the U.S. market as these categories depict the nature, amount, timing and uncertainty of revenues and cash flows that are affected by economic factors. The following table disaggregates our consolidated revenue by major sales distribution channels for the six and three months ended June 30, 2018. (In millions) Six Three 2018 2018 Wholesalers (1) $ 1,268.7 $ 683.1 Home Center retailers (2) 724.7 375.0 Other retailers (3) 157.2 81.1 Builder direct 110.1 58.6 U.S. net sales 2,260.7 1,197.8 International (4) 422.9 231.2 Net sales $ 2,683.6 $ 1,429.0 (1) Represents sales to customers whose business is oriented towards builders, professional trades and home remodelers, inclusive of sales through our customers’ respective internet website portals. (2) Represents sales to the three largest “Do-It-Yourself” (3) Represents sales principally to our mass merchant and standalone independent e-commerce (4) Represents sales in markets outside the United States, principally in China, Canada, Europe and Mexico.

Defined Benefit Plans (Tables)

Defined Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2018
Components of Net Periodic Benefit Cost for Pension and Postretirement Benefits	The components of net periodic benefit cost for pension and postretirement benefits for the six and three months ended June 30, 2018 and 2017 were as follows: (In millions) Six Months Ended June 30, Pension Benefits Postretirement Benefits 2018 2017 2018 2017 Service cost $ 0.3 $ 0.3 $ — $ — Interest cost 15.3 16.7 — — Expected return on plan assets (20.5 ) (18.7 ) — — Recognition of prior service credits — — — (5.1 ) Net periodic benefit income $ (4.9 ) $ (1.7 ) $ — $ (5.1 ) (In millions) Three Months Ended June 30, Pension Benefits Postretirement Benefits 2018 2017 2018 2017 Service cost $ 0.1 $ 0.2 $ — $ — Interest cost 7.7 8.3 — — Expected return on plan assets (10.2 ) (9.4 ) — — Recognition of prior service credits — — — (2.1 ) Net periodic benefit income $ (2.4 ) $ (0.9 ) $ — $ (2.1 )
Accounting Standards Update 2017-07 [Member]
Schedule of Retrospective Impact of Adopting ASU 2017-07	The retrospective impact of adopting ASU 2017-07 (In millions) Six Months Ended Three Months Ended 2017 2017 Increase to cost of products sold $ 5.1 $ 2.2 Increase to selling, general and administrative expenses 2.0 1.0 Decrease to operating income $ (7.1 ) $ (3.2 )

Product Warranties (Tables)

Product Warranties (Tables)	6 Months Ended
	Jun. 30, 2018
Activity Related to Product Warranty Liability	The following table summarizes activity related to our product warranty liability for the six months ended June 30, 2018 and 2017. (In millions) Six Months Ended June 30, 2018 2017 Reserve balance at January 1, $ 17.2 $ 16.2 Provision for warranties issued 12.6 13.1 Settlements made (in cash or in kind) (12.8 ) (13.3 ) Reserve balance at June 30, $ 17.0 $ 16.0

Information on Business Segme36

Information on Business Segments (Tables)	6 Months Ended
	Jun. 30, 2018
Net Sales and Operating Income by Segment	Net sales and operating income for the six and three months ended June 30, 2018 and 2017 by segment were as follows: Six Months Ended June 30, (In millions) 2018 2017 % Change Net Sales Cabinets $ 1,194.8 $ 1,227.0 (2.6 )% Plumbing 933.4 813.2 14.8 Doors 270.5 235.7 14.8 Security 284.9 276.3 3.1 Net sales $ 2,683.6 $ 2,552.2 5.1 % Operating Income Cabinets $ 93.5 $ 135.7 (31.1 )% Plumbing (a) 183.7 168.4 9.1 Doors 41.0 30.7 33.6 Security 32.5 28.7 13.2 Less: Corporate expenses (a) (42.7 ) (43.3 ) 1.4 Operating income $ 308.0 $ 320.2 (3.8 )% (a) We revised our previously reported results for the six months ended June 30, 2017 for ASU 2017-07, (In millions) Three Months Ended June 30, 2018 2017 % Change Net Sales Cabinets $ 637.6 $ 653.4 (2.4 )% Plumbing 483.7 434.8 11.2 Doors 160.2 133.5 20.0 Security 147.5 143.7 2.6 Net sales $ 1,429.0 $ 1,365.4 4.7 % Operating Income Cabinets $ 69.4 $ 88.7 (21.8 )% Plumbing (a) 95.3 101.2 (5.8 ) Doors 27.9 22.5 24.0 Security 17.4 18.6 (6.5 ) Less: Corporate expenses (a) (21.4 ) (21.8 ) 1.8 Operating income $ 188.6 $ 209.2 (9.8 )% (a) We revised our previously reported results for the three months ended June 30, 2017 for ASU 2017-07,

Restructuring and Other Charg37

Restructuring and Other Charges (Tables)	6 Months Ended
	Jun. 30, 2018
Pre-tax Restructuring and Other Charges	Pre-tax (In millions) Six Months Ended June 30, 2018 Six Months Ended June 30, 2017 Restructuring Other Charges (a) Total Restructuring Other Charges (a) Total Cabinets $ 7.6 $ 4.3 $ 11.9 $ — $ — $ — Plumbing 1.5 0.1 1.6 1.6 — 1.6 Doors 0.8 — 0.8 (0.2 ) 0.1 (0.1 ) Security 1.7 1.0 2.7 1.7 0.6 2.3 Total $ 11.6 $ 5.4 $ 17.0 $ 3.1 $ 0.7 $ 3.8 (a) “Other Charges” represent charges directly related to restructuring initiatives that cannot be reported as restructuring under GAAP. Such costs may include losses on disposal of inventories, trade receivables allowances from exiting product lines, accelerated depreciation resulting from the closure of facilities, gains or losses on the sale of previously closed facilities and forfeiture of stock based compensation related to workforce reduction actions. Restructuring and other charges in the first six months of 2017 largely related to severance costs within our Security and Plumbing segments. (In millions) Three Months Ended June 30, 2018 Three Months Ended June 30, 2017 Restructuring Other Charges (a) Total Restructuring Other Charges (a) Total Cabinets $ 7.3 $ 4.5 $ 11.8 $ — $ — $ — Plumbing 1.7 0.1 1.8 0.2 — 0.2 Doors 0.1 — 0.1 — 0.1 0.1 Security 1.7 0.9 2.6 0.7 (0.1 ) 0.6 Total $ 10.8 $ 5.5 $ 16.3 $ 0.9 $ — $ 0.9 (a) “Other Charges” represent charges directly related to restructuring initiatives that cannot be reported as restructuring under GAAP. Such costs may include losses on disposal of inventories, trade receivables allowances from exiting product lines, accelerated depreciation resulting from the closure of facilities, gains or losses on the sale of previously closed facilities and forfeiture of stock based compensation related to workforce reduction actions.
Reconciliation of Restructuring Liability	Reconciliation of Restructuring Liability (In millions) Balance at 2018 Cash (a) Non-Cash Write-offs (b) Balance at Workforce reduction costs $ 5.0 $ 11.1 $ (3.7 ) $ — $ 12.4 Other 0.8 0.5 (0.5 ) (0.6 ) 0.2 $ 5.8 $ 11.6 $ (4.2 ) $ (0.6 ) $ 12.6 (In millions) Balance at 2017 Cash (a) Non-Cash Write-offs (b) Balance at Workforce reduction costs $ 2.4 $ 2.6 $ (2.1 ) $ — $ 2.9 Other 0.6 0.5 (0.9 ) — 0.2 $ 3.0 $ 3.1 $ (3.0 ) $ — $ 3.1 (a) Cash expenditures primarily related to severance charges. (b) Non-cash

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2018
Computations of Earnings per Common Share	The computations of earnings per common share were as follows: (In millions, except per share data) Six Months Ended Three Months Ended 2018 2017 2018 2017 Income from continuing operations, net of tax $ 204.8 $ 217.7 $ 129.7 $ 140.3 Less: Noncontrolling interest — — 0.1 — Income from continuing operations for EPS $ 204.8 $ 217.7 $ 129.6 $ 140.3 Loss from discontinued operations, net of tax (0.2 ) (2.6 ) — (2.6 ) Net income attributable to Fortune Brands $ 204.6 $ 215.1 $ 129.6 $ 137.7 Earnings per common share Basic Continuing operations $ 1.39 $ 1.42 $ 0.89 $ 0.91 Discontinued operations — (0.02 ) — (0.02 ) Net income attributable to Fortune Brands common stockholders $ 1.39 $ 1.40 $ 0.89 $ 0.89 Diluted Continuing operations $ 1.37 $ 1.39 $ 0.88 $ 0.90 Discontinued operations — (0.02 ) — (0.02 ) Net income attributable to Fortune Brands common stockholders $ 1.37 $ 1.37 $ 0.88 $ 0.88 Basic average shares outstanding 147.4 153.7 144.9 154.2 Stock-based awards 2.0 2.7 1.8 2.4 Diluted average shares outstanding 149.4 156.4 146.7 156.6 Antidilutive stock-based awards excluded from weighted-average number of shares outstanding for diluted earnings per share 1.0 0.6 1.5 0.6

Balance Sheet Information - Sup

Balance Sheet Information - Supplemental Information on Balance Sheets (Detail) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Inventories:
Raw materials and supplies	$ 229.6	$ 224.9
Work in process	61.2	58.3
Finished products	336.2	297.6
Total inventories	627	580.8
Property, plant and equipment, gross	1,815.9	1,780.4
Less: accumulated depreciation	1,078.3	1,040.4
Property, plant and equipment, net	$ 737.6	$ 740

Acquisitions and Dispositions -

Acquisitions and Dispositions - Additional Information (Detail) - Victoria Plus Albert and Shaws [Member] $ in Millions	6 Months Ended
	Jun. 30, 2018USD ($)
Business Acquisition [Line Items]
Business acquisition consideration price paid	$ 132
Business acquisition additional purchase price consideration	$ 5.8

Goodwill and Identifiable Int41

Goodwill and Identifiable Intangible Assets - Additional Information (Detail) $ in Millions		6 Months Ended	12 Months Ended
		Jun. 30, 2018USD ($)	Dec. 31, 2017USD ($)asset_group
Goodwill [Line Items]
Goodwill	[1]	$ 1,916.7	$ 1,912
Other intangible assets, net of accumulated amortization		1,139	1,162.4
Decrease in gross identifiable intangible assets		(8.6)
Carrying value of tradenames		706.2	709.9
Victoria Plus Albert [Member]
Goodwill [Line Items]
Additional purchase price consideration paid		5.8
Plumbing [Member]
Goodwill [Line Items]
Goodwill	[1]	752.2	745.2
Goodwill increase due to foreign exchange adjustments		4.7
Cabinets [Member]
Goodwill [Line Items]
Goodwill	[1]	$ 924.8	$ 926.3
Number of tradenames, with the fair value exceeded their carrying value | asset_group			2
Carrying value of tradenames			$ 217.8
Minimum [Member] | Tradenames and Customer Relationship [Member]
Goodwill [Line Items]
Amortizable identifiable intangible assets, estimated useful life		2 years
Maximum [Member] | Cabinets [Member] | Tradenames [Member]
Goodwill [Line Items]
Percentage of fair value of reporting unit in excess of carrying amount			10.00%
Maximum [Member] | Tradenames and Customer Relationship [Member]
Goodwill [Line Items]
Amortizable identifiable intangible assets, estimated useful life		20 years
[1]	Net of accumulated impairment losses of $399.5 million in the Doors segment.

Goodwill and Identifiable Int42

Goodwill and Identifiable Intangible Assets - Change in Net Carrying Amount of Goodwill by Segment (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2018USD ($)
Goodwill [Line Items]
Beginning Balance	$ 1,912	[1]
Year-to-date translation adjustments	(3.4)
Acquisition-related adjustments	8.1
Ending Balance	1,916.7	[1]
Cabinets [Member]
Goodwill [Line Items]
Beginning Balance	926.3	[1]
Year-to-date translation adjustments	(1.5)
Ending Balance	924.8	[1]
Plumbing [Member]
Goodwill [Line Items]
Beginning Balance	745.2	[1]
Year-to-date translation adjustments	(1.1)
Acquisition-related adjustments	8.1
Ending Balance	752.2	[1]
Doors [Member]
Goodwill [Line Items]
Beginning Balance	143	[1]
Ending Balance	143	[1]
Security [Member]
Goodwill [Line Items]
Beginning Balance	97.5	[1]
Year-to-date translation adjustments	(0.8)
Ending Balance	$ 96.7	[1]
[1]	Net of accumulated impairment losses of $399.5 million in the Doors segment.

Goodwill and Identifiable Int43

Goodwill and Identifiable Intangible Assets - Change in Net Carrying Amount of Goodwill by Segment (Parenthetical) (Detail) $ in Millions	Jun. 30, 2018USD ($)
Doors [Member]
Goodwill [Line Items]
Accumulated impairment losses	$ 399.5

Goodwill and Identifiable Int44

Goodwill and Identifiable Intangible Assets - Gross Carrying Value and Accumulated Amortization by Class of Identifiable Intangible Assets (Detail) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Intangible Assets [Line Items]
Gross Carrying Amounts, Total identifiable intangibles	$ 1,441	$ 1,449.6
Gross Carrying Amounts, Finite Lived	734.8	739.7
Accumulated Amortization, Finite Lived	(302)	(287.2)
Net Book Value, Total identifiable intangibles	1,139	1,162.4
Net Book Value, Finite Lived	432.8	452.5
Gross Carrying Amounts, Indefinite-lived tradenames	706.2	709.9
Net Book Value, Indefinite-lived tradenames	706.2	709.9
Tradenames [Member]
Intangible Assets [Line Items]
Gross Carrying Amounts, Finite Lived	15.5	15.7
Accumulated Amortization, Finite Lived	(10.8)	(9.9)
Net Book Value, Finite Lived	4.7	5.8
Customer and contractual relationships [Member]
Intangible Assets [Line Items]
Gross Carrying Amounts, Finite Lived	658.9	663.8
Accumulated Amortization, Finite Lived	(244.7)	(232)
Net Book Value, Finite Lived	414.2	431.8
Patents/proprietary technology [Member]
Intangible Assets [Line Items]
Gross Carrying Amounts, Finite Lived	60.4	60.2
Accumulated Amortization, Finite Lived	(46.5)	(45.3)
Net Book Value, Finite Lived	$ 13.9	$ 14.9

Asset Impairment - Additional i

Asset Impairment - Additional information (Detail) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Mar. 31, 2017	Jun. 30, 2017
Asset Impairment Charges [Line Items]
Asset impairment charge	$ 3.2	$ 3.2
Definite-lived intangible assets	3
Fixed Assets	$ 0.2

External Debt and Financing A46

External Debt and Financing Arrangements - Additional Information (Detail) - USD ($)	1 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2016
Debt Instrument [Line Items]
Term loan maturity period		2019-03
Revolving credit facility, extended expiration date		2021-06
Uncommitted bank lines of credit, which provide for unsecured borrowings for working capital		$ 23,500,000	$ 23,500,000
Uncommitted bank lines of credit, which provide for unsecured borrowings for working capital amount outstanding		$ 0	0
LIBOR [Member] | Minimum [Member]
Debt Instrument [Line Items]
Interest rate over LIBOR		0.90%
LIBOR [Member] | Maximum [Member]
Debt Instrument [Line Items]
Interest rate over LIBOR		1.50%
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Term loan, outstanding borrowings		$ 900,000,000	615,000,000
Current portion of long-term debt		0	0
Term Loan Facility [Member]
Debt Instrument [Line Items]
Senior unsecured notes, price		$ 350,000,000
Term Loan Facility [Member] | LIBOR [Member] | Minimum [Member]
Debt Instrument [Line Items]
Interest rate over LIBOR		0.625%
Term Loan Facility [Member] | LIBOR [Member] | Maximum [Member]
Debt Instrument [Line Items]
Interest rate over LIBOR		1.25%
Amended and Restated Credit Agreement [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity				$ 1,250,000,000
Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Senior unsecured notes, price	$ 900,000,000
Senior notes, outstanding amount		$ 893,300,000	$ 892,600,000
Senior Unsecured Notes [Member] | Notes Due 2020 [Member]
Debt Instrument [Line Items]
Senior unsecured notes, price	$ 400,000,000
Senior unsecured notes, maturity period	5 years
Senior unsecured notes, maturity year	2,020
Senior unsecured notes, coupon rate	3.00%
Senior Unsecured Notes [Member] | Notes Due 2025 [Member]
Debt Instrument [Line Items]
Senior unsecured notes, price	$ 500,000,000
Senior unsecured notes, maturity period	10 years
Senior unsecured notes, maturity year	2,025
Senior unsecured notes, coupon rate	4.00%

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Derivative [Line Items]
Estimated amount of net foreign currency derivative gains in other accumulated comprehensive loss reclassified to earnings within 12 months	$ 1,200,000		$ 1,200,000
Foreign exchange contracts [Member]
Derivative [Line Items]
Notional amount of foreign currency derivative hedges	355,700,000		355,700,000
Cash flow hedge [Member]
Derivative [Line Items]
Net gains (losses) recognized in OCI	$ (300,000)	$ (1,600,000)	$ 4,000,000	$ 3,700,000

Financial Instruments - Fair Va

Financial Instruments - Fair Values of Derivative Instruments (Detail) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Derivatives, Fair Value [Line Items]
Derivative assets, fair value	$ 9.4	$ 1
Derivative liabilities, fair value	2	6.4
Net investment hedges [Member] | Other current assets [Member]
Derivatives, Fair Value [Line Items]
Derivative assets, fair value	0.5
Net investment hedges [Member] | Other current liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative liabilities, fair value		0.8
Foreign exchange contracts [Member] | Other current assets [Member]
Derivatives, Fair Value [Line Items]
Derivative assets, fair value	8.9	0.8
Foreign exchange contracts [Member] | Other current liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative liabilities, fair value	1.9	5.6
Commodity Contracts [Member] | Other current assets [Member]
Derivatives, Fair Value [Line Items]
Derivative assets, fair value		$ 0.2
Commodity Contracts [Member] | Other current liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative liabilities, fair value	$ 0.1

Financial Instruments - Effects

Financial Instruments - Effects of Derivative Financial Instruments on Consolidated Statements of Income (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income	$ 2	$ 2.2	$ 1.4	$ 0.5
Cash flow hedge [Member] | Cost of products sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income	0.5	1.6		1
Fair value hedge [Member] | Other expense (income), net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income	$ 1.5	$ 0.6	$ 1.4	$ (0.5)

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail)	Jun. 30, 2018USD ($)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets or liabilities measured at fair value on recurring basis	$ 0

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Value and Fair Value of Debt (Detail) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Carrying Value | Term Loan Facility [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Fair Value	$ 350
Carrying Value | Senior Unsecured Notes [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Fair Value	893.3	$ 892.6
Carrying Value | Revolving Credit Facility [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Fair Value	900	615
Fair Value | Term Loan Facility [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Fair Value	350
Fair Value | Senior Unsecured Notes [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Fair Value	898.5	926.3
Fair Value | Revolving Credit Facility [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Fair Value	$ 900	$ 615

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments (level 2)	$ 9.4	$ 1
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	18.4	8.5
Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments (level 2)	9.4	1
Deferred compensation program assets (level 2)	9	7.5
Derivative financial instruments (level 2)	$ 2	$ 6.4

Accumulated Other Comprehensi53

Accumulated Other Comprehensive Loss - After-Tax Components of and Changes in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance		$ 2,601.1	$ 2,363
Other comprehensive (loss) income, net of tax		(14)	17.3
Ending Balance		2,174.7	2,568.7
Foreign Currency Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance		5.8	(28)
Amounts classified into accumulated other comprehensive income (loss)		(17.1)	17.7
Other comprehensive (loss) income, net of tax		(17.1)	17.7
Ending Balance		(11.3)	(10.3)
Derivative Hedging Gains (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance		(2.4)	(0.6)
Amounts classified into accumulated other comprehensive income (loss)		2.9	3.3
Amounts reclassified from accumulated other comprehensive loss			(0.5)
Other comprehensive (loss) income, net of tax		2.9	2.8
Ending Balance		0.5	2.2
Defined benefit plan items [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	[1]	(42.6)	(43.3)
Amounts classified into accumulated other comprehensive income (loss)	[1]	0.2
Amounts reclassified from accumulated other comprehensive loss	[1]		(3.2)
Other comprehensive (loss) income, net of tax	[1]	0.2	(3.2)
Ending Balance	[1]	(42.4)	(46.5)
Accumulated Other Comprehensive (Loss) Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance		(39.2)	(71.9)
Amounts classified into accumulated other comprehensive income (loss)		(14)	21
Amounts reclassified from accumulated other comprehensive loss			(3.7)
Other comprehensive (loss) income, net of tax		(14)	17.3
Ending Balance		$ (53.2)	$ (54.6)
[1]	See Note 12, "Defined Benefit Plans," for further information on the adjustments related to defined benefit plans.

Accumulated Other Comprehensi54

Accumulated Other Comprehensive Loss - Reclassifications Out of Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of products sold		$ 904.9	$ 852.1	$ 1,719.9	$ 1,624.8
Derivative Hedging Gains (Loss) [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification from Accumulated Other Comprehensive Income (Loss), Current Period, Net of Tax					0.5
Defined benefit plan items [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification from Accumulated Other Comprehensive Income (Loss), Current Period, Net of Tax	[1]				3.2
Reclassification out of Accumulated Other Comprehensive Income (Loss) [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification from Accumulated Other Comprehensive Income (Loss), Current Period, Net of Tax		0.3	2.5		3.7
Reclassification out of Accumulated Other Comprehensive Income (Loss) [Member] | Derivative Hedging Gains (Loss) [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax		0.5	1.6		1
Reclassification from AOCI, Current Period, Tax		(0.2)	(0.5)		(0.5)
Reclassification from Accumulated Other Comprehensive Income (Loss), Current Period, Net of Tax		0.3	1.1		0.5
Reclassification out of Accumulated Other Comprehensive Income (Loss) [Member] | Derivative Hedging Gains (Loss) [Member] | Foreign exchange contracts [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of products sold		$ 0.5	1.7		1
Reclassification out of Accumulated Other Comprehensive Income (Loss) [Member] | Derivative Hedging Gains (Loss) [Member] | Commodity Contracts [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of products sold			(0.1)
Reclassification out of Accumulated Other Comprehensive Income (Loss) [Member] | Prior service cost [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	[2]		2.1		5.1
Reclassification out of Accumulated Other Comprehensive Income (Loss) [Member] | Defined benefit plan items [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax			2.1		5.1
Reclassification from AOCI, Current Period, Tax			(0.7)		(1.9)
Reclassification from Accumulated Other Comprehensive Income (Loss), Current Period, Net of Tax			$ 1.4		$ 3.2
[1]	See Note 12, "Defined Benefit Plans," for further information on the adjustments related to defined benefit plans.
[2]	These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost. Refer to Note 12, "Defined Benefit Plans," for additional information.

Revenue - Additional Informatio

Revenue - Additional Information (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2018USD ($)
Disaggregation of Revenue [Line Items]
Payment term on product sales range, description	Payment terms on our product sales range from 30 to 90 days.
Other current liabilities [Member]
Disaggregation of Revenue [Line Items]
Refund obligation	$ 12.4

Revenue - Disaggregation of Rev

Revenue - Disaggregation of Revenue (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Disaggregation of Revenue [Line Items]
Net sales		$ 1,429	$ 1,365.4	$ 2,683.6	$ 2,552.2
Wholesalers [Member]
Disaggregation of Revenue [Line Items]
Net sales	[1]	683.1		1,268.7
Home Center Retailers [Member]
Disaggregation of Revenue [Line Items]
Net sales	[2]	375		724.7
Other Retailers [Member]
Disaggregation of Revenue [Line Items]
Net sales	[3]	81.1		157.2
Builder Direct [Member]
Disaggregation of Revenue [Line Items]
Net sales		58.6		110.1
United States [Member]
Disaggregation of Revenue [Line Items]
Net sales		1,197.8		2,260.7
International [Member]
Disaggregation of Revenue [Line Items]
Net sales	[4]	$ 231.2		$ 422.9
[1]	Represents sales to customers whose business is oriented towards builders, professional trades and home remodelers, inclusive of sales through our customers' respective internet website portals.
[2]	Represents sales to the three largest "Do-It-Yourself" retailers; The Home Depot, Inc., Lowes Companies, Inc. and Menards, Inc., inclusive of sales through their respective internet website portals.
[3]	Represents sales principally to our mass merchant and standalone independent e-commerce customers.
[4]	Represents sales in markets outside the United States, principally in China, Canada, Europe and Mexico.

Defined Benefit Plans - Compone

Defined Benefit Plans - Components of Net Periodic Benefit Cost for Pension and Postretirement Benefits (Detail) - Net Periodic Benefit Cost - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 0.1	$ 0.2	$ 0.3	$ 0.3
Interest cost	7.7	8.3	15.3	16.7
Expected return on plan assets	(10.2)	(9.4)	(20.5)	(18.7)
Net periodic benefit income	$ (2.4)	(0.9)	$ (4.9)	(1.7)
Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Recognition of prior service credits		(2.1)		(5.1)
Net periodic benefit income		$ (2.1)		$ (5.1)

Defined Benefit Plans - Additio

Defined Benefit Plans - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017
Accounting Standards Update 2017-07 [Member]
Defined Benefit Plan Disclosure [Line Items]
Reclassifications from operating income to other income	$ 3.2	$ 7.1

Defined Benefit Plans - Schedul

Defined Benefit Plans - Schedule of Retrospective Impact of Adopting ASU 2017-07 (Detail) - Accounting Standards Update 2017-07 [Member] - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase/(decrease) to operating income	$ (3.2)	$ (7.1)
Cost of products sold [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase/(decrease) to operating income	2.2	5.1
Selling, general and administrative expenses [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase/(decrease) to operating income	$ 1	$ 2

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Income Taxes [Line Items]
Effective income tax rate	25.70%	29.60%	27.40%	28.20%
Reduction in corporate tax rate			21.00%		35.00%
Adjustment to income tax expense			$ 5,400,000
Minimum [Member]
Income Taxes [Line Items]
Reasonably possible decrease in unrecognized tax benefits	$ 2,000,000		2,000,000
Maximum [Member]
Income Taxes [Line Items]
Reasonably possible decrease in unrecognized tax benefits	$ 11,000,000		$ 11,000,000

Product Warranties - Activity R

Product Warranties - Activity Related to Product Warranty Liability (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Product Warranty Liability [Line Items]
Reserve balance at the beginning of the year	$ 17.2	$ 16.2
Provision for warranties issued	12.6	13.1
Settlements made (in cash or in kind)	(12.8)	(13.3)
Reserve balance at end of year	$ 17	$ 16

Information on Business Segme62

Information on Business Segments - Net Sales and Operating Income by Segment (Detail) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2018		Jun. 30, 2017		Jun. 30, 2018		Jun. 30, 2017
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net sales	$ 1,429		$ 1,365.4		$ 2,683.6		$ 2,552.2
Operating Income	$ 188.6		209.2		$ 308		320.2
Net Sales, Percentage Change vs. Prior Year	4.70%				5.10%
Operating Income, Percentage Change vs. Prior Year	(9.80%)				(3.80%)
Corporate [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating Income	$ (21.4)	[1]	(21.8)	[1]	$ (42.7)	[2]	(43.3)	[2]
Operating Income, Percentage Change vs. Prior Year	1.80%	[1]			1.40%	[2]
Cabinets [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net sales	$ 637.6		653.4		$ 1,194.8		1,227
Operating Income	$ 69.4		88.7		$ 93.5		135.7
Net Sales, Percentage Change vs. Prior Year	(2.40%)				(2.60%)
Operating Income, Percentage Change vs. Prior Year	(21.80%)				(31.10%)
Plumbing [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net sales	$ 483.7		434.8		$ 933.4		813.2
Operating Income	$ 95.3	[1]	101.2	[1]	$ 183.7	[2]	168.4	[2]
Net Sales, Percentage Change vs. Prior Year	11.20%				14.80%
Operating Income, Percentage Change vs. Prior Year	(5.80%)	[1]			9.10%	[2]
Doors [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net sales	$ 160.2		133.5		$ 270.5		235.7
Operating Income	$ 27.9		22.5		$ 41		30.7
Net Sales, Percentage Change vs. Prior Year	20.00%				14.80%
Operating Income, Percentage Change vs. Prior Year	24.00%				33.60%
Security [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net sales	$ 147.5		143.7		$ 284.9		276.3
Operating Income	$ 17.4		$ 18.6		$ 32.5		$ 28.7
Net Sales, Percentage Change vs. Prior Year	2.60%				3.10%
Operating Income, Percentage Change vs. Prior Year	(6.50%)				13.20%
[1]	We revised our previously reported results for the three months ended June 30, 2017 for ASU 2017-07, Presentation of Net Periodic Pension and Postretirement Costs.
[2]	We revised our previously reported results for the six months ended June 30, 2017 for ASU 2017-07, Presentation of Net Periodic Pension and Postretirement Costs.

Restructuring and Other Charg63

Restructuring and Other Charges - Pre-tax Restructuring and Other Charges (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Restructuring Cost and Reserve [Line Items]
Restructuring charges		$ 10.8	$ 0.9	$ 11.6	$ 3.1
Other Charges	[1]	5.5		5.4	0.7
Total Charges		16.3	0.9	17	3.8
Operating Segments [Member] | Cabinets [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges		7.3		7.6
Other Charges	[1]	4.5		4.3
Total Charges		11.8		11.9
Operating Segments [Member] | Plumbing [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges		1.7	0.2	1.5	1.6
Other Charges	[1]	0.1		0.1
Total Charges		1.8	0.2	1.6	1.6
Operating Segments [Member] | Doors [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges		0.1		0.8	(0.2)
Other Charges	[1]		0.1		0.1
Total Charges		0.1	0.1	0.8	(0.1)
Operating Segments [Member] | Security [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges		1.7	0.7	1.7	1.7
Other Charges	[1]	0.9	(0.1)	1	0.6
Total Charges		$ 2.6	$ 0.6	$ 2.7	$ 2.3
[1]	"Other Charges" represent charges directly related to restructuring initiatives that cannot be reported as restructuring under GAAP. Such costs may include losses on disposal of inventories, trade receivables allowances from exiting product lines, accelerated depreciation resulting from the closure of facilities, gains or losses on the sale of previously closed facilities and forfeiture of stock based compensation related to workforce reduction actions.

Restructuring and Other Charg64

Restructuring and Other Charges - Reconciliation of Restructuring Liability (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Restructuring Cost and Reserve [Line Items]
Beginning Balance				$ 5.8	$ 3
Provision		$ 10.8	$ 0.9	11.6	3.1
Cash Expenditures	[1]			(4.2)	(3)
Non-Cash Write-offs	[2]			(0.6)
Ending Balance		12.6	3.1	12.6	3.1
Workforce Reduction Costs [Member]
Restructuring Cost and Reserve [Line Items]
Beginning Balance				5	2.4
Provision				11.1	2.6
Cash Expenditures	[1]			(3.7)	(2.1)
Ending Balance		12.4	2.9	12.4	2.9
Other [Member]
Restructuring Cost and Reserve [Line Items]
Beginning Balance				0.8	0.6
Provision				0.5	0.5
Cash Expenditures	[1]			(0.5)	(0.9)
Non-Cash Write-offs	[2]			(0.6)
Ending Balance		$ 0.2	$ 0.2	$ 0.2	$ 0.2
[1]	Cash expenditures primarily related to severance charges.
[2]	Non-cash write-offs include asset impairment charges attributable to restructuring actions.

Earnings Per Share - Computatio

Earnings Per Share - Computations of Earnings per Common Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Schedule of Earnings Per Share, Basic and Diluted, by Common Class [Line Items]
Income from continuing operations, net of tax	$ 129.7	$ 140.3	$ 204.8	$ 217.7
Less: Noncontrolling interest	0.1
Income from continuing operations for EPS	129.6	140.3	204.8	217.7
Loss from discontinued operations, net of tax		(2.6)	(0.2)	(2.6)
Net income attributable to Fortune Brands	$ 129.6	$ 137.7	$ 204.6	$ 215.1
Basic
Continuing operations	$ 0.89	$ 0.91	$ 1.39	$ 1.42
Discontinued operations		(0.02)		(0.02)
Net income attributable to Fortune Brands common stockholders	0.89	0.89	1.39	1.40
Diluted
Continuing operations	0.88	0.90	1.37	1.39
Discontinued operations		(0.02)		(0.02)
Net income attributable to Fortune Brands common stockholders	$ 0.88	$ 0.88	$ 1.37	$ 1.37
Basic average shares outstanding	144.9	154.2	147.4	153.7
Stock-based awards	1.8	2.4	2	2.7
Diluted average shares outstanding	146.7	156.6	149.4	156.4
Antidilutive stock-based awards excluded from weighted-average number of shares outstanding for diluted earnings per share	1.5	0.6	1	0.6

Subsequent Event (Detail)

Subsequent Event (Detail) $ in Millions	Jul. 13, 2018USD ($)
Subsequent Event
Subsequent Event [Line Items]
Stock repurchase program, authorized amount	$ 400