Fortune Brands Innovations (FBIN) 10-Q 31 Oct 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2019	Oct. 18, 2019
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Entity Registrant Name	Fortune Brands Home & Security, Inc.
Entity Central Index Key	0001519751
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Trading Symbol	FBHS
Entity Common Stock, Shares Outstanding		139,151,210
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity File Number	1-35166
Entity Tax Identification Number	62-1411546
Entity Address, Address Line One	520 Lake Cook Road
Entity Address, City or Town	Deerfield
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60015-5611
City Area Code	847
Local Phone Number	484-4400
Title of 12(b) Security	Common Stock
Security Exchange Name	NYSE
Entity Incorporation, State or Country Code	DE
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes

Condensed Consolidated Statemen

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement Of Income And Comprehensive Income [Abstract]
Net sales	$ 1,459	$ 1,380.8	$ 4,294.1	$ 4,064.4
Cost of products sold	934.8	886.9	2,773.5	2,606.8
Selling, general and administrative expenses	311.3	305.1	943.9	932.8
Amortization of intangible assets	9.9	8.9	30	25.3
Asset impairment charges	29.5	27.1	29.5	27.1
Restructuring charges	5.5	5.7	11.2	17.3
Operating income	168	147.1	506	455.1
Interest expense	23.6	19	71.8	51.1
Other income, net	(0.3)	(9.6)	(2.2)	(15.8)
Income from continuing operations before income taxes	144.7	137.7	436.4	419.8
Income tax	39	37.8	109.1	115.1
Income from continuing operations, net of tax	105.7	99.9	327.3	304.7
Loss from discontinued operations, net of tax				(0.2)
Net income	105.7	99.9	327.3	304.5
Less: Noncontrolling interests	0.1	0.1	(0.5)	0.1
Net income attributable to Fortune Brands	$ 105.6	$ 99.8	$ 327.8	$ 304.4
Basic earnings per common share
Continuing operations	$ 0.76	$ 0.70	$ 2.34	$ 2.09
Net income attributable to Fortune Brands common shareholders	0.76	0.70	2.34	2.09
Diluted earnings per common share
Continuing operations	0.75	0.69	2.32	2.06
Net income attributable to Fortune Brands common shareholders	$ 0.75	$ 0.69	$ 2.32	$ 2.06
Comprehensive income	$ 94.3	$ 107.4	$ 327.4	$ 298

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions		Sep. 30, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents		$ 336.2	$ 262.9
Accounts receivable less allowances for discounts and doubtful accounts		640.1	571.7
Inventories		758.8	678.9
Other current assets		171.6	172.6
Total current assets		1,906.7	1,686.1
Property, plant and equipment, net of accumulated depreciation		800.4	813.4
Operating lease assets		165.8
Goodwill		2,084.9	2,080.3
Other intangible assets, net of accumulated amortization		1,186.1	1,246.8
Other assets		141.7	138
Total assets		6,285.6	5,964.6
Current liabilities
Short-term debt		399.5	525
Accounts payable		436.5	459
Other current liabilities		540.6	508.1
Total current liabilities		1,376.6	1,492.1
Long-term debt		1,949	1,809
Deferred income taxes		160.1	162.6
Accrued defined benefit plans		154.5	163.3
Operating lease liabilities		139.8
Other non-current liabilities		168.9	157.6
Total liabilities		3,948.9	3,784.6
Commitments and contingencies (see Note 18)
Equity
Common stock	[1]	1.8	1.8
Paid-in capital		2,795.8	2,766
Accumulated other comprehensive loss		(75.5)	(67)
Retained earnings		1,692.5	1,448.1
Treasury stock		(2,079.2)	(1,970.7)
Total Fortune Brands equity		2,335.4	2,178.2
Noncontrolling interests		1.3	1.8
Total equity		2,336.7	2,180
Total liabilities and equity		$ 6,285.6	$ 5,964.6
[1]	Common stock, par value $0.01 per share; 181.4 million shares and 180.6 million shares issued at September 30, 2019 and December 31, 2018, respectively.

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares shares in Millions	Sep. 30, 2019	Dec. 31, 2018
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares issued	181.4	180.6

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018
Operating activities
Net income		$ 327.3	$ 304.5
Non-cash pre-tax expense:
Depreciation		82.7	83.6
Amortization of intangible assets		30	25.3
Non-cash lease expense		26.5
Stock-based compensation		22.9	31.9
Recognition of actuarial losses		2.1	0.3
Deferred taxes		(1.8)	(11.4)
Asset impairment charges		31.2	27.1
Amortization of deferred financing fees		2.4	1.5
(Gain) loss on sale of property, plant and equipment		(1)	1.9
Changes in assets and liabilities:
Increase in accounts receivable		(68.4)	(52)
Increase in inventories		(81.2)	(50.8)
(Decrease) increase in accounts payable		(11.1)	6.4
Increase in other assets		(18.3)	(19.6)
Increase (decrease) in accrued expenses and other liabilities		6	(7.3)
Increase in accrued taxes		4.5	2.3
Net cash provided by operating activities		353.8	343.7
Investing activities
Capital expenditures	[1]	(82.4)	(106.5)
Proceeds from the disposition of assets		4.2	1.3
Cost of acquisition, net of cash acquired			(466)
Other investing activities, net		0.1	2.8
Net cash used in investing activities		(78.1)	(568.4)
Financing activities
(Decrease) increase in short-term debt		(525)	525
Issuance of long-term debt		1,494.3	2,091.2
Repayment of long-term debt		(955)	(1,610)
Proceeds from the exercise of stock options		6.9	4.1
Treasury stock purchases		(100)	(602.7)
Employee withholding taxes related to stock-based compensation		(8.5)	(13.6)
Deferred acquisition payments		(19)
Dividends to stockholders		(92.3)	(87.1)
Other financing, net		(3.3)	0.5
Net cash (used in) provided by financing activities		(201.9)	307.4
Effect of foreign exchange rate changes on cash		(1.2)	(7.8)
Net increase in cash and cash equivalents		72.6	74.9
Cash, cash equivalents and restricted cash at beginning of period	[2]	270.7	323
Cash, cash equivalents and restricted cash at end of period	[2]	$ 343.3	$ 397.9
[1]	Capital expenditures of $9.0 million and $9.1 million that had not been paid as of September 30, 2019 and 2018, respectively, were excluded from the Statement of Cash Flows.
[2]	Restricted cash of $0.8 million and $6.3 million is included in Other current assets and Other assets, respectively, as of September 30, 2019 and restricted cash of $0.9 million and $7.1 million is included in Other current assets and Other assets, respectively, as of September 30, 2018.  Restricted cash of $0.9 million and $6.9 million is included in Other current assets and Other assets, respectively, as of December 31, 2018.

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Capital expenditures incurred but not yet paid	$ 9	$ 9.1
Other Current Assets [Member]
Restricted Cash	0.8	0.9	$ 0.9
Other Assets [Member]
Restricted Cash	$ 6.3	$ 7.1	$ 6.9

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Equity - USD ($) $ in Millions	Total	Common Stock	Paid-In Capital	Accumulated Other Comprehensive (Loss) Income	Retained Earnings	Treasury Stock	Non- controlling Interests
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	304.5				304.4		0.1
Other comprehensive income (loss)	(6.5)			(6.5)
Stock options exercised	4.1	0.1	4
Stock-based compensation	18.3		31.9			(13.6)
Treasury stock purchases	(602.7)					(602.7)
Dividends	(85.2)				(85.2)
Ending Balance at Sep. 30, 2018	2,233.6	1.8	2,760.8	(45.7)	1,393.4	(1,878.4)	1.7
Beginning Balance at Jun. 30, 2018	2,174.7	1.8	2,751.5	(53.2)	1,350.5	(1,877.5)	1.6
Comprehensive income:
Net income	99.9				99.8		0.1
Other comprehensive income (loss)	7.5			7.5
Stock options exercised	0.3		0.3
Stock-based compensation	8.1		9			(0.9)
Dividends	(56.9)				(56.9)
Ending Balance at Sep. 30, 2018	2,233.6	1.8	2,760.8	(45.7)	1,393.4	(1,878.4)	1.7
Beginning Balance at Dec. 31, 2018	2,180	1.8	2,766	(67)	1,448.1	(1,970.7)	1.8
Comprehensive income:
Net income	327.3				327.8		(0.5)
Other comprehensive income (loss)	0.1			0.1
Stock options exercised	6.9		6.9
Stock-based compensation	14.4		22.9			(8.5)
Adoption of ASU 2018-02				(8.6)	8.6
Treasury stock purchases	(100)					(100)
Dividends	(92)				(92)
Ending Balance at Sep. 30, 2019	2,336.7	1.8	2,795.8	(75.5)	1,692.5	(2,079.2)	1.3
Beginning Balance at Jun. 30, 2019	2,344.7	1.8	2,786.6	(64.1)	1,648.1	(2,028.9)	1.2
Comprehensive income:
Net income	105.7				105.6		0.1
Other comprehensive income (loss)	(11.4)			(11.4)
Stock options exercised	0.8		0.8
Stock-based compensation	8.1		8.4			(0.3)
Treasury stock purchases	(50)					(50)
Dividends	(61.2)				(61.2)
Ending Balance at Sep. 30, 2019	$ 2,336.7	$ 1.8	$ 2,795.8	$ (75.5)	$ 1,692.5	$ (2,079.2)	$ 1.3

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement Of Stockholders Equity [Abstract]
Dividends per Common share	$ 0.44	$ 0.40	$ 0.66	$ 0.60

Basis of Presentation and Princ

Basis of Presentation and Principles of Consolidation	9 Months Ended
	Sep. 30, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Presentation and Principles of Consolidation	FORTUNE BRANDS HOME & SECURITY, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 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 September 30, 2019, the related condensed consolidated statements of comprehensive income and equity for the nine and three months ended September 30, 2019 and 2018, and the related condensed consolidated statements of cash flows for the nine months ended September 30, 2019 and 2018 are unaudited. In the opinion of management, all adjustments necessary for a fair statement of the financial statements have been included. Interim results may not be indicative of results for a full year. 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, 2018 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 should be read in conjunction with the audited consolidated financial statements and notes included in our Annual Report on Form 10-K for the year ended December 31, 2018. In September 2018, we acquired 100% of the membership interests of Fiber Composites, LLC (“Fiberon”), a leading U.S. manufacturer of outdoor performance materials used in decking, railing and fencing products, for a total purchase price of approximately $470 million, subject to certain post-closing adjustments. The acquisition of Fiberon provided category expansion and product extension opportunities into the outdoor living space for our Doors & Security segment. We financed the transaction using cash on hand and borrowings under our revolving credit and term loan facilities. The financial results of Fiberon were included in the Company’s consolidated statements of income and statements of cash flow beginning in September 2018 and the consolidated balance sheet as of December 31, 2018. The results of operations are included in the Doors & Security segment from the date of acquisition.

Recently Issued Accounting Stan

Recently Issued Accounting Standards	9 Months Ended
	Sep. 30, 2019
New Accounting Pronouncements And Changes In Accounting Principles [Abstract]
Recently Issued Accounting Standards	2. Recently Issued Accounting Standards Leases In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02, which requires lessees to recognize almost all leases on their balance sheet as “right-of-use” assets and lease liabilities but recognize related expenses in a manner similar to previous accounting guidance. The guidance also eliminates previous real estate-specific provisions for all entities. In January 2018, the FASB issued ASU 2018-01, which clarifies the application of the new leases guidance to land easements. In July 2018, the FASB issued ASU 2018-10 and ASU 2018-11, which clarify certain guidance included in ASU 2016-02 and introduces a new optional transition method, which does not require revisions to comparative periods. We adopted this standard as of January 1, 2019 using the transition method introduced by ASU 2018-11, which does not require revisions to comparative periods. We elected to implement the transition package of practical expedients permitted within the new standard, which among other things, allows us to carryforward the historical lease classification. In addition, we elected the hindsight practical expedient to determine the lease term for existing leases. Adoption of the new standard resulted in the recording of lease assets and lease liabilities of approximately $177.2 million and $182.6 million, respectively, as of January 1, 2019. The difference between the lease assets and lease liabilities primarily relates to accrued rent and unamortized lease incentives recorded in accordance with the previous leasing guidance. The new standard did not materially impact our condensed consolidated statements of income or cash flows. 2. Recently Issued Accounting Standards (Continued) Improvements to Accounting for Hedging Activities In August 2017, the FASB issued ASU 2017-12, which amends the current hedge accounting model. The new standard eliminates the requirement to separately measure and report hedge ineffectiveness and generally requires the entire change in the fair value of a hedging instrument to be presented in the same income statement line as the hedged item (which is consistent with our prior practice). The change in fair value for qualifying cash flow and net investment hedges is included in other comprehensive loss (until they are reclassified into the income statement). The standard also eased certain documentation and assessment requirements and modified the accounting for components excluded from the assessment of hedge effectiveness. We adopted this standard as of January 1, 2019. The adoption of this standard did not have a material effect on our financial statements. Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income In February 2018, the FASB issued ASU 2018-02, which permits companies to reclassify to retained earnings the tax effects stranded in accumulated other comprehensive income (“AOCI”) as a result of the U.S. Tax Cuts and Jobs Act of 2017. We adopted this standard on January 1, 2019, which resulted in a reclassification of $8.6 million between accumulated other comprehensive loss and retained earnings in our condensed consolidated statement of equity. Improvements to Nonemployee Share-Based Payment Accounting In June 2018, the FASB issued ASU 2018-07, which simplifies the accounting for share-based arrangements with nonemployees. The new guidance generally aligns the accounting for share-based awards to nonemployees with the guidance for share-based awards to employees. The guidance was effective for the Company’s fiscal year beginning January 1, 2019. The adoption of this standard did not have a material effect on our financial statements. Codification Improvements In July 2018, the FASB issued ASU 2018-09, which includes technical corrections, clarifications, and other minor improvements to various areas including business combinations, fair value measurements and hedging. The transition and effective date guidance is based on the facts and circumstances of each amendment. Some of the amendments in this standard were effective immediately, while others were effective for the Company’s fiscal year beginning January 1, 2019. The adoption of this standard did not have a material effect on our financial statements. Changes to the Disclosure Requirements for Defined Benefit Plans In August 2018, the FASB issued ASU 2018-14, which removes several disclosure requirements, including the amount in AOCI expected to be recognized in income over the next fiscal year and the effects of a 1% change in assumed health care cost trend rates. The standard also adds new requirements to disclose reasons for significant gains and losses related to changes in the benefit obligation for the period and weighted-average interest crediting rates for plans with promised interest crediting rates. We adopted this guidance on January 1, 2019. The adoption of this standard did not have a material effect on our financial statements. Financial Instruments—Credit Losses In June 2016, the FASB issued ASU 2016-13, which changes the impairment model for most financial assets and certain other instruments that are not measured at fair value through net income. The new guidance applies to most financial assets measured at amortized cost, including trade and other receivables and loans as well as off-balance-sheet credit exposures (e.g., loan commitments and standby letters of credit). The standard will replace the “incurred loss” approach under the current guidance with an “expected loss” model that requires an entity to estimate its lifetime “expected credit loss.” The standard is effective for the Company’s fiscal year beginning January 1, 2020 with early adoption permitted beginning January 1, 2019. We do not expect the adoption of this guidance to have a material effect on our financial statements. 2. Recently Issued Accounting Standards (Continued) Changes to the Disclosure Requirements for Fair Value Measurement In August 2018, the FASB issued ASU 2018-13, which removes the requirement to disclose: 1) amount of and reasons for transfers between Levels 1 and 2 of the fair value hierarchy, 2) policy for timing of transfers between levels, and 3) valuation processes for Level 3 investments. In addition, this guidance modifies and adds other disclosure requirements, which primarily relate to valuation of Level 3 assets and liabilities. The guidance is effective for the Company’s fiscal year beginning January 1, 2020, with early adoption permitted. We do not expect the adoption of this guidance to have a material effect on our financial statements. Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract In August 2018, the FASB issued ASU 2018-15, which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. Costs to obtain software, including configuration and integration with legacy IT systems, coding and testing, including parallel process phases are eligible for capitalization under the new standard. In addition, activities that would be expensed include costs related to vendor demonstrations, determining performance and technology requirements and training activities. The standard is effective for the Company’s fiscal year beginning January 1, 2020, with early adoption permitted. We do not expect the adoption of this guidance to have a material effect on our financial statements.

Balance Sheet Information

Balance Sheet Information	9 Months Ended
	Sep. 30, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Balance Sheet Information	3 . Balance Sheet Information Supplemental information on our balance sheets is as follows: (In millions) September 30, 2019 December 31, 2018 Inventories: Raw materials and supplies $ 279.7 $ 227.4 Work in process 76.5 66.4 Finished products 402.6 385.1 Total inventories $ 758.8 $ 678.9 Property, plant and equipment, gross $ 1,961.2 $ 1,911.7 Less: accumulated depreciation 1,160.8 1,098.3 Property, plant and equipment, net $ 800.4 $ 813.4

Acquisitions and Dispositions

Acquisitions and Dispositions	9 Months Ended
	Sep. 30, 2019
Business Combinations [Abstract]
Acquisitions and Dispositions	4. Acquisitions and Dispositions In September 2018, we acquired 100% of the membership interests of Fiberon, a leading U.S. manufacturer of outdoor performance materials used in decking, railing and fencing products, for a total purchase price of approximately $470 million, subject to certain post-closing adjustments. The acquisition of Fiberon provided category expansion and product extension opportunities into the outdoor living space for our Doors & Security segment. Fiberon’s net sales and operating income for the nine and three months ended September 30, 2018 were not material to the Company. We have not included pro forma financial information as it is immaterial to our consolidated statements of income. We financed the transaction using cash on hand and borrowings under our revolving credit and term loan facilities. The financial results of Fiberon were included in the Company’s consolidated statements of income and statements of cash flow beginning in September 2018 and the consolidated balance sheet as of December 31, 2018. The results of operations are included in the Doors & Security segment from the date of acquisition. Goodwill related to this acquisition is deductible for income tax purposes. The following table summarizes the final allocation of the purchase price to the fair value of assets acquired and liabilities assumed as of the date of the acquisition. (In millions) Accounts receivable $ 18.8 Inventories 50.9 Property, plant and equipment 45.7 Goodwill 177.7 Identifiable intangible assets 195.0 Other assets 4.8 Total assets 492.9 Accounts payable 16.8 Other liabilities and accruals 16.3 Net assets acquired $ 459.8 Goodwill includes expected sales and cost synergies. Identifiable intangible assets primarily consist of customer relationships and tradenames.

Goodwill and Identifiable Intan

Goodwill and Identifiable Intangible Assets	9 Months Ended
	Sep. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Identifiable Intangible Assets	5 . Goodwill and Identifiable Intangible Assets We had goodwill of $2,084.9 (In millions) Cabinets Plumbing Doors & Security Total Goodwill Goodwill at December 31, 2018 (a) $ 924.0 $ 743.7 $ 412.6 $ 2,080.3 Year-to-date translation adjustments 1.1 (1.2 ) 0.4 0.3 Acquisition-related adjustments — — 4.3 4.3 Goodwill at September 30, 2019 (a) $ 925.1 $ 742.5 $ 417.3 $ 2,084.9 (a) Net of accumulated impairment losses of $399.5 million in the Doors & Security segment. We also had net identifiable intangible assets of $1,186.1 million and $1,246.8 million as of September 30, 2019 and December 31, 2018, respectively. The $28.2 million decrease in gross identifiable intangible assets was primarily due to a tradename impairment charge of $29.5 million in our Cabinets segment slightly offset by foreign translation adjustments. 5. Goodwill and Identifiable Intangible Assets (Continued) The gross carrying value and accumulated amortization by class of identifiable intangible assets as of September 30, 2019 and December 31, 2018 were as follows: (In millions) As of September 30, 2019 As of December 31, 2018 Gross Carrying Amounts Accumulated Amortization Net Book Value Gross Carrying Amounts Accumulated Amortization Net Book Value Indefinite-lived tradenames $ 645.1 $ — $ 645.1 $ 673.9 $ — $ 673.9 Amortizable intangible assets Tradenames 20.3 (12.6 ) 7.7 19.8 (11.9 ) 7.9 Customer and contractual relationships 800.6 (289.4 ) 511.2 800.3 (260.2 ) 540.1 Patents/proprietary technology 73.3 (51.2 ) 22.1 73.5 (48.6 ) 24.9 Total 894.2 (353.2 ) 541.0 893.6 (320.7 ) 572.9 Total identifiable intangibles $ 1,539.3 $ (353.2 ) $ 1,186.1 $ 1,567.5 $ (320.7 ) $ 1,246.8 Amortizable identifiable intangible assets, principally customer relationships, are subject to amortization over their estimated useful life, ranging from 2 to 30 years, based on the assessment of a number of factors that may impact useful life, which includes customer attrition rates and other relevant factors. In the third quarter of 2019, the decline in actual revenue combined with updated 2019 revenue forecasts for the remainder of the fiscal year and preliminary 2020 revenue forecast as compared to revenue forecasts included in our previous estimates of fair value with respect to an indefinite-lived tradename within the Cabinets segment led us to conclude that it was more likely than not that the indefinite-lived tradename was impaired. Therefore we performed an interim impairment test as of September 30, 2019. As a result of the interim impairment test, we recorded a pre-tax impairment charge of $29.5 The fair value of the impaired tradenames was measured using the relief-from-royalty approach, which estimates the present value of royalty income that could be hypothetically earned by licensing the tradename to a third party over its remaining useful life. Some of the more significant assumptions inherent in estimating the fair value include estimated future annual net revenues for the tradename, assumed royalty rate, and a discount rate that reflects the level of risk associated with the tradenames’ future revenues and profitability. We selected the assumptions used in the financial forecasts using historical data, supplemented by current and anticipated market conditions, estimated growth rates, and management plans. These assumptions represent level 3 inputs of the fair value hierarchy (refer to Note 9). A reduction in the estimated fair value of these two tradenames could trigger an additional impairment in future periods. In addition, future impairment could be triggered on a third tradename in the event of lower than expected sales in our custom cabinetry product line. As of September 30, 2019, the total carrying value of the three tradenames was approximately $174 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 fall below our assumptions, actions of key customers, increases in 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.

Leases

Leases	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Leases	6. As discussed in Note 2, we adopted ASU 2016-02 as of January 1, 2019. We have operating and finance leases for buildings and certain machinery and equipment. Operating leases are included in operating lease assets, other current liabilities, and operating lease liabilities in our condensed consolidated balance sheets. Amounts recognized for finance leases as of and for the nine months ended September 30, 2019 were immaterial. Operating lease assets and operating lease liabilities are recognized based on the present value of the future lease payments over the lease term at commencement date. As most of our lease contracts do not provide an explicit interest rate, we use our incremental borrowing rate in determining the present value of future lease payments. Our incremental borrowing rates include estimates related to the impact of collateralization and the economic environment where the leased asset is located. The operating lease assets also include any prepaid lease payments and initial direct costs incurred, but exclude lease incentives received at lease commencement. Our lease terms include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Our leases have remaining lease terms of 1 to 36 years, some of which may include options to extend or terminate the lease. Lease expense for lease payments is recognized on a straight-line basis over the lease term in a manner similar to previous accounting guidance. We do not recognize leases with an initial term of twelve months or less on the balance sheet and instead recognize the related lease payments as expense in the statement of comprehensive income on a straight-line basis over the lease term. We account for lease and non-lease components as a single lease component for all asset classes. Additionally, for certain equipment leases, we apply a portfolio approach and account for multiple lease components as a single lease component. Certain of our lease agreements include variable rental payments, including rental payments adjusted periodically for inflation. Variable rental payments are expensed during the period they are incurred and therefore are excluded from our lease assets and liabilities. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. Operating lease expense recognized in the condensed consolidated statement of comprehensive income during the nine and three months ended September 30, 2019 was $38.4 $12.7 $6.0 $2.0 Other information related to leases was as follows: (In millions, except lease term and discount rate) Nine Months Ended September 30, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 30.4 Right-of-use assets obtained in exchange for operating lease obligations $ 13.5 Weighted average remaining lease term - operating leases 7.2 years Weighted average discount rate - operating leases 4.4 % Total expected lease payments under non-cancellable operating leases as of September 30, 2019 were as follows: (In millions) Year Ending December 31, 2019 (excluding nine months ended September 30, 2019) $ 9.8 2020 37.7 2021 31.3 2022 24.9 2023 20.7 Thereafter 78.2 Total lease payments 202.6 Less imputed interest (29.8 ) Total $ 172.8 Reported as of September 30, 2019 Other current liabilities $ 33.0 Operating lease liabilities 139.8 Total $ 172.8

External Debt and Financing Arr

External Debt and Financing Arrangements	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
External Debt and Financing Arrangements	7 . External Debt and Financing Arrangements Long Term Debt At September 30, 2019, the Company had aggregate outstanding notes in the amount of $2.2 billion, with varying maturities (the “Notes”). The Notes are unsecured senior obligations of the Company. The following table provides a summary of the Company’s outstanding Notes, including the net carrying value of the Notes, net of underwriting commissions, price discounts, and debt issuance costs as of September 30, 2019 and December 31, 2018: Net Carrying Value (in millions) Principal Amount Issuance Date Maturity Date September 30, 2019 December 31, 2018 3.000% Senior Notes $ 400.0 June 2015 June 2020 $ 399.5 $ 399.0 4.000% Senior Notes 500.0 June 2015 June 2025 495.7 495.0 4.000% Senior Notes (the “2018 Notes”) 600.0 September 2018 September 2023 595.8 595.0 3.250% Senior Notes (the “2019 Notes”) 700.0 September 2019 September 2029 692.5 — The proceeds from the Notes issued in 2015 and the Notes issued in 2018 were used to pay down outstanding debt and for general corporate purposes. In September 2019, the Company issued $700 million of unsecured senior notes (“2019 Senior Notes”) in a registered public offering. The 2019 Senior Notes are due in 2029 with a coupon rate of 3.25%. The Company used the proceeds from the 2019 Senior Notes offering to repay in full the Company’s $350 million term loan and to pay down outstanding balances under our revolving credit facility. Credit Facilities In September 2019, the Company entered into a second amended and restated $1.25 billion revolving credit facility (the “2019 Revolving Credit Agreement”), and borrowings thereunder will be used for general corporate purposes. The terms and conditions of the 2019 Revolving Credit Agreement, including the total commitment amount, essentially remained the same as under the previous credit agreement, except that the maturity date was extended to September 2024. Borrowings amounting to $165.0 million were rolled-over from the prior revolving credit facility into the 2019 Revolving Credit Agreement. Interest rates under the 2019 Revolving Credit Agreement are variable based on LIBOR at the time of the borrowing and the Company’s long-term credit rating and can range from LIBOR + 0.91% to LIBOR + 1.4%. This amendment and restatement of the credit agreement was a non-cash transaction for the Company. On September 30, 2019 and December 31, 2018, our outstanding borrowings under this facility were $165.0 million and $320.0 million, respectively, which is included in Long-term debt in the condensed consolidated balance sheets. As of September 30, 2019, we were in compliance with all covenants under this facility. In March 2018, the Company entered into a $350 million term loan (the “Term Loan”), the borrowings thereunder were used for general corporate purposes. The Term Loan was amended in August 2018 to increase the borrowings to $525 million and further amended in March 2019 to decrease the borrowings to $350 million and extend the maturity date to March 2020. In September 2019, the Company repaid in full the outstanding balance on the Term Loan with the proceeds from the 2019 Notes. At September 30, 2019 and December 31, 2018, amounts due under the Term Loan were zero 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 September 30, 2019 and December 31, 2018.

Financial Instruments

Financial Instruments	9 Months Ended
	Sep. 30, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract]
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, the Mexican peso and the Chinese yuan. The gross U.S. dollar equivalent notional amount of all foreign currency derivative hedges outstanding at September 30, 2019 was $388.1 million. Based on foreign exchange rates as of September 30, 2019, we estimate that $1.1 million of net derivative gains included in accumulated other comprehensive income as of September 30, 2019 will be reclassified to earnings within the next twelve months. The fair values of derivative instruments on the consolidated balance sheets as of September 30, 2019 and December 31, 2018 were as follows: (In millions) Fair Value Type of hedge Type of contract Location September 30, 2019 December 31, 2018 Cash flow Foreign exchange contracts Other current assets $ 0.9 $ 3.9 Fair value Foreign exchange contracts Other current assets 0.9 1.4 Net investment hedges Net investment hedges Other current assets — 0.7 Total assets $ 1.8 $ 6.0 Cash flow Foreign exchange contracts Other current liabilities $ 0.8 $ 0.3 Fair value Foreign exchange contracts Other current liabilities 0.3 1.6 Total liabilities $ 1.1 $ 1.9 8. Financial Instruments (Continued) The effects of derivative financial instruments on the statements of comprehensive income for the nine months ended September 30, 2019 and 2018 were as follows: (In millions) Classification and Amount of Gain (Loss) Recognized in Income on Fair Value and Cash Flow Hedging Relationships Nine Months Ended September 30, 2019 Cost of products sold Interest expense Other income, net Total amounts per Consolidated Statements of Comprehensive Income $ 2,773.5 $ 71.8 $ 2.2 The effects of fair value and cash flow hedging: Gain (loss) on fair value hedging relationships Foreign exchange contracts: Hedged items (2.7 ) Derivative designated as hedging instruments 3.4 Gain (loss) on cash flow hedging relationships Foreign exchange contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income 3.2 Commodity contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income (0.2 ) Interest rate contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income 0.3 (In millions) Classification and Amount of Gain (Loss) Recognized in Income on Fair Value and Cash Flow Hedging Relationships Nine Months Ended September 30, 2018 Cost of products sold Interest expense Other income, net Total amounts per Consolidated Statements of Comprehensive Income $ 2,606.8 $ 51.1 $ 15.8 The effects of fair value and cash flow hedging: Gain (loss) on fair value hedging relationships Foreign exchange contracts: Hedged items (0.2 ) Derivative designated as hedging instruments 1.3 Gain (loss) on cash flow hedging relationships Foreign exchange contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income 0.8 Commodity contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income (0.3 ) Interest rate contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income — 8. Financial Instruments (Continued) The effects of derivative financial instruments on the statements of comprehensive income for the three months ended September 30, 2019 and 2018 were as follows: (In millions) Classification and Amount of Gain (Loss) Recognized in Income on Fair Value and Cash Flow Hedging Relationships Three Months Ended September 30, 2019 Cost of products sold Interest expense Other income, net Total amounts per Consolidated Statements of Comprehensive Income $ 934.8 $ 23.6 $ 0.3 The effects of fair value and cash flow hedging: Gain (loss) on fair value hedging relationships Foreign exchange contracts: Hedged items (2.5 ) Derivative designated as hedging instruments 2.7 Gain (loss) on cash flow hedging relationships Foreign exchange contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income 0.4 Commodity contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income (0.2 ) Interest rate contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income 0.1 (In millions) Classification and Amount of Gain (Loss) Recognized in Income on Fair Value and Cash Flow Hedging Relationships Three Months Ended September 30, 2018 Cost of products sold Interest expense Other income, net Total amounts per Consolidated Statements of Comprehensive Income $ 886.9 $ 19.0 $ 9.6 The effects of fair value and cash flow hedging: Gain (loss) on fair value hedging relationships Foreign exchange contracts: Hedged items 0.7 Derivative designated as hedging instruments 0.1 Gain (loss) on cash flow hedging relationships Foreign exchange contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income 0.8 Commodity contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income (0.3 ) Interest rate contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income — The cash flow hedges recognized in other comprehensive income was a net gain of $2.7 $7.1 $2.9 million $3.0

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	9 . Fair Value Measurements FASB Accounting Standards Codification (“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 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 (In millions) September 30, 2019 December 31, 2018 Carrying Value Fair Value Carrying Value Fair Value Revolving credit facility $ 165.0 $ 165.0 $ 320.0 $ 320.0 Term Loan — — 525.0 525.0 Notes 2,183.5 2,256.0 1,489.0 1,490.4 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 Notes is determined by using quoted market prices of our debt securities, which are Level 1 inputs. Assets and liabilities measured at fair value on a recurring basis as of September 30, 2019 and December 31, 2018 were as follows: (In millions) Fair Value September 30, 2019 December 31, 2018 Assets Derivative financial instruments (Level 2) $ 1.8 $ 6.0 Deferred compensation program assets (Level 2) 11.3 9.3 Total assets $ 13.1 $ 15.3 Liabilities Derivative financial instruments (Level 2) $ 1.1 $ 1.9

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Loss) Income	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
Accumulated Other Comprehensive (Loss) Income	10 . Accumulated Other Comprehensive (Loss) Income 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 components of and changes in accumulated other comprehensive (loss) income for the nine and three months ended September 30, 2019 and 2018 were as follows: (In millions) Foreign Currency Adjustments Derivative Hedging Gain (Loss) Defined Benefit Plan Adjustments (a) Accumulated Other Comprehensive Loss Balance at December 31, 2017 $ 5.8 $ (2.4 ) $ (42.6 ) $ (39.2 ) Amounts classified into accumulated other comprehensive (loss) income (9.5 ) 6.2 (3.0 ) (6.3 ) Amounts reclassified from accumulated other comprehensive (loss) income — (0.4 ) 0.2 (0.2 ) Net current-period other comprehensive (loss) income (9.5 ) 5.8 (2.8 ) (6.5 ) Balance at September 30, 2018 $ (3.7 ) $ 3.4 $ (45.4 ) $ (45.7 ) Balance at December 31, 2018 $ (25.3 ) $ 4.2 $ (45.9 ) $ (67.0 ) Amounts classified into accumulated other comprehensive (loss) income 1.1 3.0 (2.8 ) 1.3 Adoption of ASU 2018-02 (b) — — (8.6 ) (8.6 ) Amounts reclassified from accumulated other comprehensive (loss) income — (2.8 ) 1.6 (1.2 ) Net current-period other comprehensive (loss) income 1.1 0.2 (9.8 ) (8.5 ) Balance at September 30, 2019 $ (24.2 ) $ 4.4 $ (55.7 ) $ (75.5 ) (a) See Note 12, “Defined Benefit Plans,” for further information on the adjustments related to defined benefit plans. (b) See Note 2, “Recently Issued Accounting Standards,” for further information on the impact of adopting ASU 2018-02. (In millions) Foreign Currency Adjustments Derivative Hedging Gain (Loss) Defined Benefit Plan Adjustments (a) Accumulated Other Comprehensive Loss Balance at June 30, 2018 $ (11.3 ) $ 0.5 $ (42.4 ) $ (53.2 ) Amounts classified into accumulated other comprehensive (loss) income 7.6 3.3 (3.2 ) 7.7 Amounts reclassified from accumulated other comprehensive (loss) income — (0.4 ) 0.2 (0.2 ) Net current-period other comprehensive (loss) income 7.6 2.9 (3.0 ) 7.5 Balance at September 30, 2018 $ (3.7 ) $ 3.4 $ (45.4 ) $ (45.7 ) Balance at June 30, 2019 $ (11.6 ) $ 2.0 $ (54.5 ) $ (64.1 ) Amounts classified into accumulated other comprehensive (loss) income (12.6 ) 2.7 (2.8 ) (12.7 ) Amounts reclassified from accumulated other comprehensive (loss) income — (0.3 ) 1.6 1.3 Net current-period other comprehensive (loss) income (12.6 ) 2.4 (1.2 ) (11.4 ) Balance at September 30, 2019 $ (24.2 ) $ 4.4 $ (55.7 ) $ (75.5 ) (a) See Note 12, “Defined Benefit Plans,” for further information on the adjustments related to defined benefit plans. 10. Accumulated Other Comprehensive (Loss) Income (Continued) The reclassifications out of accumulated other comprehensive loss for the nine and three months ended September 30, 2019 and 2018 were as follows: (In millions) Details about Accumulated Other Comprehensive Loss Components Amount Reclassified from Accumulated Other Comprehensive Loss Nine months ended September 30, Affected Line Item in the Statement of Comprehensive Income 2019 2018 Gains (losses) on cash flow hedges Foreign exchange contracts $ 3.2 $ 0.8 Cost of products sold Commodity contracts (0.2 ) (0.3 ) Cost of products sold Interest rate contracts 0.3 — Interest expense 3.3 0.5 Total before tax (0.5 ) (0.1 ) Tax expense $ 2.8 $ 0.4 Net of tax Defined benefit plan items Recognition of actuarial losses $ (2.1 ) $ (0.3 ) (a) (2.1 ) (0.3 ) Total before tax 0.5 0.1 Tax expense $ (1.6 ) $ (0.2 ) Net of tax Total reclassifications for the period $ 1.2 $ 0.2 Net of tax (In millions) Details about Accumulated Other Comprehensive Loss Components Amount Reclassified from Accumulated Other Comprehensive Loss Three Months Ended September 30, Affected Line Item in the Statement of Comprehensive Income 2019 2018 Gains (losses) on cash flow hedges Foreign exchange contracts $ 0.4 $ 0.8 Cost of products sold Commodity contracts (0.2 ) (0.3 ) Cost of products sold Interest rate contracts 0.1 — Interest expense 0.3 0.5 Total before tax — (0.1 ) Tax expense $ 0.3 $ 0.4 Net of tax Defined benefit plan items Recognition of actuarial losses (2.1 ) (0.3 ) (a) (2.1 ) (0.3 ) Total before tax 0.5 0.1 Tax expense $ (1.6 ) $ (0.2 ) Net of tax Total reclassifications for the period $ (1.3 ) $ 0.2 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	9 Months Ended
	Sep. 30, 2019
Revenue From Contract With Customer [Abstract]
Revenue	11. Revenue The following table disaggregates our consolidated revenue by major sales distribution channels for the nine and three months ended September 30, 2019 and 2018: (In millions) Nine Months Ended September 30, Three Months Ended September 30, 2019 2018 2019 2018 Wholesalers (1) $ 2,001.8 $ 1,930.4 $ 684.0 $ 661.7 Home Center retailers (2) 1,205.6 1,069.3 383.7 344.6 Other retailers (3) 220.0 237.0 77.6 79.8 Builder direct 173.2 171.0 60.8 60.9 U.S. net sales 3,600.6 3,407.7 1,206.1 1,147.0 International (4) 693.5 656.7 252.9 233.8 Net sales $ 4,294.1 $ 4,064.4 $ 1,459.0 $ 1,380.8 (1) Represents sales to customers (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 Canada, China, Europe and Mexico.

Defined Benefit Plans

Defined Benefit Plans	9 Months Ended
	Sep. 30, 2019
Compensation And Retirement Disclosure [Abstract]
Defined Benefit Plans	1 2 . Defined Benefit Plans The components of net periodic benefit cost for pension benefits for the nine and three months ended September 30, 2019 and 2018 were as follows: (In millions) Nine Months Ended September 30, Three Months Ended September 30, Pension Benefits Pension Benefits 2019 2018 2019 2018 Service cost $ 0.3 $ 0.4 $ 0.1 $ 0.1 Interest cost 24.7 23.0 8.3 7.7 Expected return on plan assets (26.4 ) (30.8 ) (8.8 ) (10.3 ) Recognition of actuarial losses 2.1 0.3 2.1 0.3 Net periodic benefit loss (income) $ 0.7 $ (7.1 ) $ 1.7 $ (2.2 ) Service cost relates to benefit accruals in an hourly Union defined benefit plan in our Doors & Security segment. All other defined benefit pension plans were frozen as of December 31, 2016.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	1 3 . Income Taxes The effective income tax rates for the nine months ended September 30, 2019 and 2018 were 25.0% and 27.4%, respectively. The effective income tax rates in 2019 and 2018 were favorably impacted by a benefit associated with the U.S. research and development credit and unfavorably by state and local taxes and unfavorable tax rates in foreign jurisdictions. Additionally, the 2019 effective income tax rate was favorably impacted by decreases to uncertain tax positions, as a result of audit settlements. The 2018 effective income tax rate was unfavorably impacted by an adjustment to the deemed repatriation tax liability recorded in 2017 under the Tax Cuts and Jobs Act of 2017 and increases to uncertain tax positions. The effective income tax rates for the three months ended September 30, 2019 and 2018 were 27.0% and 27.5%, respectively. The effective income tax rates in 2019 and 2018 were favorably impacted by a benefit associated with the U.S. research and development credit and unfavorably impacted by state and local taxes, unfavorable tax rates in foreign jurisdictions and increases to uncertain tax positions. It is reasonably possible that, within the next 12 months, total unrecognized tax benefits may decrease in the range of $2.4 million to $3.0 million, primarily as a result of the conclusion of pending U.S. federal, state and foreign income tax proceedings.

Product Warranties

Product Warranties	9 Months Ended
	Sep. 30, 2019
Guarantees And Product Warranties [Abstract]
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 nine months ended September 30, 2019 and 2018, respectively. (In millions) Nine Months Ended September 30, 2019 2018 Reserve balance at January 1, (a) $ 24.9 $ 17.2 Provision for warranties issued 20.5 18.1 Settlements made (in cash or in kind) (19.2 ) (17.3 ) Foreign translation adjustments (0.5 ) (1.9 ) Acquisitions - 9.1 Reserve balance at September 30, $ 25.7 $ 25.2 (a) Balance at January 1, 2019 includes the impact of acquiring Fiberon. See Note 4, “Acquisitions and Dispositions,” for additional information.

Information on Business Segment

Information on Business Segments	9 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
Information on Business Segments	1 5 . Information on Business Segments Net sales and operating income for the nine and three months ended September 30, 2019 and 2018 by segment were as follows: Nine Months Ended September 30, (In millions) 2019 2018 % Change vs. Prior Year Net Sales Cabinets $ 1,797.7 $ 1,793.8 0.2 % Plumbing 1,478.8 1,394.9 6.0 Doors & Security 1,017.6 875.7 16.2 Net sales $ 4,294.1 $ 4,064.4 5.7 % Operating Income (Loss) Cabinets $ 134.0 $ 122.2 9.7 % Plumbing 307.9 273.1 12.7 Doors & Security 122.5 121.7 0.7 Less: Corporate expenses (58.4 ) (61.9 ) 5.7 Operating income $ 506.0 $ 455.1 11.2 % Three Months Ended September 30, (In millions) 2019 2018 % Change vs. Prior Year Net Sales Cabinets $ 589.7 $ 599.0 (1.6 ) % Plumbing 514.1 461.5 11.4 Doors & Security 355.2 320.3 10.9 Net sales $ 1,459.0 $ 1,380.8 5.7 % Operating Income (Loss) Cabinets $ 25.1 $ 28.7 (12.5 ) % Plumbing 112.0 89.4 25.3 Doors & Security 50.1 48.2 3.9 Less: Corporate expenses (19.2 ) (19.2 ) 0.0 Operating income $ 168.0 $ 147.1 14.2 %

Restructuring and Other Charges

Restructuring and Other Charges	9 Months Ended
	Sep. 30, 2019
Restructuring And Related Activities [Abstract]
Restructuring and Other Charges	1 6 . Restructuring and Other Charges Pre-tax restructuring and other charges for the nine and three months ended September 30, 2019 and 2018 are shown below. (In millions) Nine Months Ended September 30, 2019 Nine Months Ended September 30, 2018 Restructuring Charges Other Charges (a) Total Charges Restructuring Charges Other Charges (a) Total Charges Cabinets $ 6.1 $ 1.1 $ 7.2 $ 11.0 $ 9.7 $ 20.7 Plumbing 3.5 5.6 9.1 1.6 0.1 1.7 Doors & Security 1.6 2.0 3.6 4.7 1.2 5.9 Total $ 11.2 $ 8.7 $ 19.9 $ 17.3 $ 11.0 $ 28.3 (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 and gains or losses on the sale of previously closed facilities. Restructuring and other charges in the first nine months of 2019 largely related to severance costs within our Cabinets and Plumbing segments and costs associated with closing facilities within our Plumbing and Doors & Security segments. Restructuring and other charges in the first nine months of 2018 largely related to severance costs across all segments and our initiatives to consolidate our manufacturing footprint and to discontinue certain product lines in our Cabinets segment. (In millions) Three Months Ended September 30, 2019 Three Months Ended September 30, 2018 Restructuring Charges Other Charges (a) Total Charges Restructuring Charges Other Charges (a) Total Charges Cabinets $ 3.8 $ 0.4 $ 4.2 $ 3.4 $ 5.4 $ 8.8 Plumbing 0.2 (0.2 ) — 0.1 — 0.1 Doors & Security 1.5 — 1.5 2.2 0.2 2.4 Total $ 5.5 $ 0.2 $ 5.7 $ 5.7 $ 5.6 $ 11.3 (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 and gains or losses on the sale of previously closed facilities. Restructuring and other charges in the third quarter of 2019 largely related to severance costs within our Cabinets and Doors & Security segments. Restructuring and other charges in the third quarter of 2018 primarily resulted from severance costs within our Cabinets and Doors & Security segments and our initiatives to consolidate our manufacturing footprint and to discontinue certain product lines in our Cabinets segment. Reconciliation of Restructuring Liability (In millions) Balance at 12/31/18 2019 Provision Cash Expenditures (a) Non-Cash Write-offs Balance at 9/30/19 Workforce reduction costs $ 9.9 $ 10.2 $ (10.1 ) $ (0.1 ) $ 9.9 Other 0.6 1.0 (1.2 ) — 0.4 $ 10.5 $ 11.2 $ (11.3 ) $ (0.1 ) $ 10.3 (a) Cash expenditures primarily relate to severance charges. (In millions) Balance at 12/31/17 2018 Provision Cash Expenditures (a) Non-Cash Write-offs (b) Balance at 9/30/18 Workforce reduction costs $ 5.0 $ 16.0 $ (11.3 ) $ — $ 9.7 Other 0.8 1.3 (1.2 ) (0.6 ) 0.3 $ 5.8 $ 17.3 $ (12.5 ) $ (0.6 ) $ 10.0 (a) Cash expenditures primarily relate to severance charges. (b) Non-cash write-offs include long-lived asset impairment charges attributable to restructuring actions.

Earning Per Share

Earning Per Share	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Share	1 7 . Earnings Per Share The computations of earnings per common share for the nine and three months ended September 30, 2019 and 2018 were as follows: (In millions, except per share data) Nine Months Ended September 30, Three Months Ended September 30, 2019 2018 2019 2018 Income from continuing operations, net of tax $ 327.3 $ 304.7 $ 105.7 $ 99.9 Less: Noncontrolling interest (0.5 ) 0.1 0.1 0.1 Income from continuing operations for EPS 327.8 304.6 105.6 99.8 Loss from discontinued operations — (0.2 ) — — Net income attributable to Fortune Brands $ 327.8 $ 304.4 $ 105.6 99.8 Earnings per common share Basic Continuing operations $ 2.34 $ 2.09 $ 0.76 $ 0.70 Discontinued operations — — — — Net income attributable to Fortune Brands common stockholders $ 2.34 $ 2.09 $ 0.76 $ 0.70 Diluted Continuing operations $ 2.32 $ 2.06 $ 0.75 $ 0.69 Discontinued operations — — — — Net income attributable to Fortune Brands common stockholders $ 2.32 $ 2.06 $ 0.75 $ 0.69 Basic average shares outstanding 140.0 145.8 139.5 142.4 Stock-based awards 1.4 1.9 1.4 1.8 Diluted average shares outstanding 141.4 147.7 140.9 144.2 Antidilutive stock-based awards excluded from weighted- average number of shares outstanding for diluted earnings per share 2.2 1.1 1.7 1.2

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2019
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	1 8 . Commitments and 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. Accordingly, the Company believes the likelihood of material loss is remote. 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 nine and three months ended September 30, 2019 and 2018. 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. 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. Lease Commitments Future minimum rental payments under non-cancelable operating leases as of December 31, 2018 were as follows: (In millions) 2019 $ 37.8 2020 29.6 2021 23.4 2022 18.9 2023 13.8 Remainder 58.8 Total minimum rental payments $ 182.3 These minimum rental payments were determined in accordance with the previous leasing guidance (ASC 840). Accordingly, the minimum payments exclude optional lease payments that we can avoid. The minimum lease payments as of September 30, 2019, disclosed in Note 6, are determined in accordance with the new leasing guidance (ASC 842), which include optional lease payments if we are reasonably certain to incur them.

Balance Sheet Information (Tabl

Balance Sheet Information (Tables)	9 Months Ended
	Sep. 30, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Supplemental Information on Balance Sheets	Supplemental information on our balance sheets is as follows: (In millions) September 30, 2019 December 31, 2018 Inventories: Raw materials and supplies $ 279.7 $ 227.4 Work in process 76.5 66.4 Finished products 402.6 385.1 Total inventories $ 758.8 $ 678.9 Property, plant and equipment, gross $ 1,961.2 $ 1,911.7 Less: accumulated depreciation 1,160.8 1,098.3 Property, plant and equipment, net $ 800.4 $ 813.4

Acquisitions and Dispositions (

Acquisitions and Dispositions (Tables)	9 Months Ended
	Sep. 30, 2019
Business Combinations [Abstract]
Final Allocation of Purchase Price to Fair Value of Assets Acquired and Liabilities Assumed	The following table summarizes the final allocation of the purchase price to the fair value of assets acquired and liabilities assumed as of the date of the acquisition. (In millions) Accounts receivable $ 18.8 Inventories 50.9 Property, plant and equipment 45.7 Goodwill 177.7 Identifiable intangible assets 195.0 Other assets 4.8 Total assets 492.9 Accounts payable 16.8 Other liabilities and accruals 16.3 Net assets acquired $ 459.8

Goodwill and Identifiable Int_2

Goodwill and Identifiable Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
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 Goodwill at December 31, 2018 (a) $ 924.0 $ 743.7 $ 412.6 $ 2,080.3 Year-to-date translation adjustments 1.1 (1.2 ) 0.4 0.3 Acquisition-related adjustments — — 4.3 4.3 Goodwill at September 30, 2019 (a) $ 925.1 $ 742.5 $ 417.3 $ 2,084.9 (a) Net of accumulated impairment losses of $399.5 million in the Doors & Security segment.
Gross Carrying Value and Accumulated Amortization by Class of Identifiable Intangible Assets	5. Goodwill and Identifiable Intangible Assets (Continued) The gross carrying value and accumulated amortization by class of identifiable intangible assets as of September 30, 2019 and December 31, 2018 were as follows: (In millions) As of September 30, 2019 As of December 31, 2018 Gross Carrying Amounts Accumulated Amortization Net Book Value Gross Carrying Amounts Accumulated Amortization Net Book Value Indefinite-lived tradenames $ 645.1 $ — $ 645.1 $ 673.9 $ — $ 673.9 Amortizable intangible assets Tradenames 20.3 (12.6 ) 7.7 19.8 (11.9 ) 7.9 Customer and contractual relationships 800.6 (289.4 ) 511.2 800.3 (260.2 ) 540.1 Patents/proprietary technology 73.3 (51.2 ) 22.1 73.5 (48.6 ) 24.9 Total 894.2 (353.2 ) 541.0 893.6 (320.7 ) 572.9 Total identifiable intangibles $ 1,539.3 $ (353.2 ) $ 1,186.1 $ 1,567.5 $ (320.7 ) $ 1,246.8

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Other Information Related to Leases	Other information related to leases was as follows: (In millions, except lease term and discount rate) Nine Months Ended September 30, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 30.4 Right-of-use assets obtained in exchange for operating lease obligations $ 13.5 Weighted average remaining lease term - operating leases 7.2 years Weighted average discount rate - operating leases 4.4 %
Expected Lease Payments Under Non-Cancellable Leases	Total expected lease payments under non-cancellable operating leases as of September 30, 2019 were as follows: (In millions) Year Ending December 31, 2019 (excluding nine months ended September 30, 2019) $ 9.8 2020 37.7 2021 31.3 2022 24.9 2023 20.7 Thereafter 78.2 Total lease payments 202.6 Less imputed interest (29.8 ) Total $ 172.8 Reported as of September 30, 2019 Other current liabilities $ 33.0 Operating lease liabilities 139.8 Total $ 172.8

External Debt and Financing A_2

External Debt and Financing Arrangements (Tables)	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
Summary of Outstanding Notes	The following table provides a summary of the Company’s outstanding Notes, including the net carrying value of the Notes, net of underwriting commissions, price discounts, and debt issuance costs as of September 30, 2019 and December 31, 2018: Net Carrying Value (in millions) Principal Amount Issuance Date Maturity Date September 30, 2019 December 31, 2018 3.000% Senior Notes $ 400.0 June 2015 June 2020 $ 399.5 $ 399.0 4.000% Senior Notes 500.0 June 2015 June 2025 495.7 495.0 4.000% Senior Notes (the “2018 Notes”) 600.0 September 2018 September 2023 595.8 595.0 3.250% Senior Notes (the “2019 Notes”) 700.0 September 2019 September 2029 692.5 —

Financial Instruments (Tables)

Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Fair Values of Derivative Instruments	The fair values of derivative instruments on the consolidated balance sheets as of September 30, 2019 and December 31, 2018 were as follows: (In millions) Fair Value Type of hedge Type of contract Location September 30, 2019 December 31, 2018 Cash flow Foreign exchange contracts Other current assets $ 0.9 $ 3.9 Fair value Foreign exchange contracts Other current assets 0.9 1.4 Net investment hedges Net investment hedges Other current assets — 0.7 Total assets $ 1.8 $ 6.0 Cash flow Foreign exchange contracts Other current liabilities $ 0.8 $ 0.3 Fair value Foreign exchange contracts Other current liabilities 0.3 1.6 Total liabilities $ 1.1 $ 1.9
Effects of Derivative Financial Instruments on Consolidated Statements of Income	The effects of derivative financial instruments on the statements of comprehensive income for the nine months ended September 30, 2019 and 2018 were as follows: (In millions) Classification and Amount of Gain (Loss) Recognized in Income on Fair Value and Cash Flow Hedging Relationships Nine Months Ended September 30, 2019 Cost of products sold Interest expense Other income, net Total amounts per Consolidated Statements of Comprehensive Income $ 2,773.5 $ 71.8 $ 2.2 The effects of fair value and cash flow hedging: Gain (loss) on fair value hedging relationships Foreign exchange contracts: Hedged items (2.7 ) Derivative designated as hedging instruments 3.4 Gain (loss) on cash flow hedging relationships Foreign exchange contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income 3.2 Commodity contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income (0.2 ) Interest rate contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income 0.3 (In millions) Classification and Amount of Gain (Loss) Recognized in Income on Fair Value and Cash Flow Hedging Relationships Nine Months Ended September 30, 2018 Cost of products sold Interest expense Other income, net Total amounts per Consolidated Statements of Comprehensive Income $ 2,606.8 $ 51.1 $ 15.8 The effects of fair value and cash flow hedging: Gain (loss) on fair value hedging relationships Foreign exchange contracts: Hedged items (0.2 ) Derivative designated as hedging instruments 1.3 Gain (loss) on cash flow hedging relationships Foreign exchange contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income 0.8 Commodity contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income (0.3 ) Interest rate contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income — 8. Financial Instruments (Continued) The effects of derivative financial instruments on the statements of comprehensive income for the three months ended September 30, 2019 and 2018 were as follows: (In millions) Classification and Amount of Gain (Loss) Recognized in Income on Fair Value and Cash Flow Hedging Relationships Three Months Ended September 30, 2019 Cost of products sold Interest expense Other income, net Total amounts per Consolidated Statements of Comprehensive Income $ 934.8 $ 23.6 $ 0.3 The effects of fair value and cash flow hedging: Gain (loss) on fair value hedging relationships Foreign exchange contracts: Hedged items (2.5 ) Derivative designated as hedging instruments 2.7 Gain (loss) on cash flow hedging relationships Foreign exchange contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income 0.4 Commodity contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income (0.2 ) Interest rate contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income 0.1 (In millions) Classification and Amount of Gain (Loss) Recognized in Income on Fair Value and Cash Flow Hedging Relationships Three Months Ended September 30, 2018 Cost of products sold Interest expense Other income, net Total amounts per Consolidated Statements of Comprehensive Income $ 886.9 $ 19.0 $ 9.6 The effects of fair value and cash flow hedging: Gain (loss) on fair value hedging relationships Foreign exchange contracts: Hedged items 0.7 Derivative designated as hedging instruments 0.1 Gain (loss) on cash flow hedging relationships Foreign exchange contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income 0.8 Commodity contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income (0.3 ) Interest rate contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income —

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
Carrying Value and Fair Value of Debt	The carrying value, net of underwriting commissions, price discounts, and debt issuance costs (In millions) September 30, 2019 December 31, 2018 Carrying Value Fair Value Carrying Value Fair Value Revolving credit facility $ 165.0 $ 165.0 $ 320.0 $ 320.0 Term Loan — — 525.0 525.0 Notes 2,183.5 2,256.0 1,489.0 1,490.4
Assets and Liabilities Measured at Fair Value on Recurring Basis	Assets and liabilities measured at fair value on a recurring basis as of September 30, 2019 and December 31, 2018 were as follows: (In millions) Fair Value September 30, 2019 December 31, 2018 Assets Derivative financial instruments (Level 2) $ 1.8 $ 6.0 Deferred compensation program assets (Level 2) 11.3 9.3 Total assets $ 13.1 $ 15.3 Liabilities Derivative financial instruments (Level 2) $ 1.1 $ 1.9

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive (Loss) Income (Tables)	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
After-Tax Components of and Changes in Accumulated Other Comprehensive (Loss) Income	The after-tax components of and changes in accumulated other comprehensive (loss) income for the nine and three months ended September 30, 2019 and 2018 were as follows: (In millions) Foreign Currency Adjustments Derivative Hedging Gain (Loss) Defined Benefit Plan Adjustments (a) Accumulated Other Comprehensive Loss Balance at December 31, 2017 $ 5.8 $ (2.4 ) $ (42.6 ) $ (39.2 ) Amounts classified into accumulated other comprehensive (loss) income (9.5 ) 6.2 (3.0 ) (6.3 ) Amounts reclassified from accumulated other comprehensive (loss) income — (0.4 ) 0.2 (0.2 ) Net current-period other comprehensive (loss) income (9.5 ) 5.8 (2.8 ) (6.5 ) Balance at September 30, 2018 $ (3.7 ) $ 3.4 $ (45.4 ) $ (45.7 ) Balance at December 31, 2018 $ (25.3 ) $ 4.2 $ (45.9 ) $ (67.0 ) Amounts classified into accumulated other comprehensive (loss) income 1.1 3.0 (2.8 ) 1.3 Adoption of ASU 2018-02 (b) — — (8.6 ) (8.6 ) Amounts reclassified from accumulated other comprehensive (loss) income — (2.8 ) 1.6 (1.2 ) Net current-period other comprehensive (loss) income 1.1 0.2 (9.8 ) (8.5 ) Balance at September 30, 2019 $ (24.2 ) $ 4.4 $ (55.7 ) $ (75.5 ) (a) See Note 12, “Defined Benefit Plans,” for further information on the adjustments related to defined benefit plans. (b) See Note 2, “Recently Issued Accounting Standards,” for further information on the impact of adopting ASU 2018-02. (In millions) Foreign Currency Adjustments Derivative Hedging Gain (Loss) Defined Benefit Plan Adjustments (a) Accumulated Other Comprehensive Loss Balance at June 30, 2018 $ (11.3 ) $ 0.5 $ (42.4 ) $ (53.2 ) Amounts classified into accumulated other comprehensive (loss) income 7.6 3.3 (3.2 ) 7.7 Amounts reclassified from accumulated other comprehensive (loss) income — (0.4 ) 0.2 (0.2 ) Net current-period other comprehensive (loss) income 7.6 2.9 (3.0 ) 7.5 Balance at September 30, 2018 $ (3.7 ) $ 3.4 $ (45.4 ) $ (45.7 ) Balance at June 30, 2019 $ (11.6 ) $ 2.0 $ (54.5 ) $ (64.1 ) Amounts classified into accumulated other comprehensive (loss) income (12.6 ) 2.7 (2.8 ) (12.7 ) Amounts reclassified from accumulated other comprehensive (loss) income — (0.3 ) 1.6 1.3 Net current-period other comprehensive (loss) income (12.6 ) 2.4 (1.2 ) (11.4 ) Balance at September 30, 2019 $ (24.2 ) $ 4.4 $ (55.7 ) $ (75.5 ) (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) Income	The reclassifications out of accumulated other comprehensive loss for the nine and three months ended September 30, 2019 and 2018 were as follows: (In millions) Details about Accumulated Other Comprehensive Loss Components Amount Reclassified from Accumulated Other Comprehensive Loss Nine months ended September 30, Affected Line Item in the Statement of Comprehensive Income 2019 2018 Gains (losses) on cash flow hedges Foreign exchange contracts $ 3.2 $ 0.8 Cost of products sold Commodity contracts (0.2 ) (0.3 ) Cost of products sold Interest rate contracts 0.3 — Interest expense 3.3 0.5 Total before tax (0.5 ) (0.1 ) Tax expense $ 2.8 $ 0.4 Net of tax Defined benefit plan items Recognition of actuarial losses $ (2.1 ) $ (0.3 ) (a) (2.1 ) (0.3 ) Total before tax 0.5 0.1 Tax expense $ (1.6 ) $ (0.2 ) Net of tax Total reclassifications for the period $ 1.2 $ 0.2 Net of tax (In millions) Details about Accumulated Other Comprehensive Loss Components Amount Reclassified from Accumulated Other Comprehensive Loss Three Months Ended September 30, Affected Line Item in the Statement of Comprehensive Income 2019 2018 Gains (losses) on cash flow hedges Foreign exchange contracts $ 0.4 $ 0.8 Cost of products sold Commodity contracts (0.2 ) (0.3 ) Cost of products sold Interest rate contracts 0.1 — Interest expense 0.3 0.5 Total before tax — (0.1 ) Tax expense $ 0.3 $ 0.4 Net of tax Defined benefit plan items Recognition of actuarial losses (2.1 ) (0.3 ) (a) (2.1 ) (0.3 ) Total before tax 0.5 0.1 Tax expense $ (1.6 ) $ (0.2 ) Net of tax Total reclassifications for the period $ (1.3 ) $ 0.2 Net of tax

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2019
Revenue From Contract With Customer [Abstract]
Disaggregation of Revenue	The following table disaggregates our consolidated revenue by major sales distribution channels for the nine and three months ended September 30, 2019 and 2018: (In millions) Nine Months Ended September 30, Three Months Ended September 30, 2019 2018 2019 2018 Wholesalers (1) $ 2,001.8 $ 1,930.4 $ 684.0 $ 661.7 Home Center retailers (2) 1,205.6 1,069.3 383.7 344.6 Other retailers (3) 220.0 237.0 77.6 79.8 Builder direct 173.2 171.0 60.8 60.9 U.S. net sales 3,600.6 3,407.7 1,206.1 1,147.0 International (4) 693.5 656.7 252.9 233.8 Net sales $ 4,294.1 $ 4,064.4 $ 1,459.0 $ 1,380.8 (1) Represents sales to customers (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 Canada, China, Europe and Mexico.

Defined Benefit Plans (Tables)

Defined Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2019
Compensation And Retirement Disclosure [Abstract]
Components of Net Periodic Benefit Cost for Pension Benefits	The components of net periodic benefit cost for pension benefits for the nine and three months ended September 30, 2019 and 2018 were as follows: (In millions) Nine Months Ended September 30, Three Months Ended September 30, Pension Benefits Pension Benefits 2019 2018 2019 2018 Service cost $ 0.3 $ 0.4 $ 0.1 $ 0.1 Interest cost 24.7 23.0 8.3 7.7 Expected return on plan assets (26.4 ) (30.8 ) (8.8 ) (10.3 ) Recognition of actuarial losses 2.1 0.3 2.1 0.3 Net periodic benefit loss (income) $ 0.7 $ (7.1 ) $ 1.7 $ (2.2 )

Product Warranties (Tables)

Product Warranties (Tables)	9 Months Ended
	Sep. 30, 2019
Guarantees And Product Warranties [Abstract]
Activity Related to Product Warranty Liability	The following table summarizes activity related to our product warranty liability for the nine months ended September 30, 2019 and 2018, respectively. (In millions) Nine Months Ended September 30, 2019 2018 Reserve balance at January 1, (a) $ 24.9 $ 17.2 Provision for warranties issued 20.5 18.1 Settlements made (in cash or in kind) (19.2 ) (17.3 ) Foreign translation adjustments (0.5 ) (1.9 ) Acquisitions - 9.1 Reserve balance at September 30, $ 25.7 $ 25.2 (a) Balance at January 1, 2019 includes the impact of acquiring Fiberon. See Note 4, “Acquisitions and Dispositions,” for additional information.

Information on Business Segme_2

Information on Business Segments (Tables)	9 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
Net Sales and Operating Income by Segment	Net sales and operating income for the nine and three months ended September 30, 2019 and 2018 by segment were as follows: Nine Months Ended September 30, (In millions) 2019 2018 % Change vs. Prior Year Net Sales Cabinets $ 1,797.7 $ 1,793.8 0.2 % Plumbing 1,478.8 1,394.9 6.0 Doors & Security 1,017.6 875.7 16.2 Net sales $ 4,294.1 $ 4,064.4 5.7 % Operating Income (Loss) Cabinets $ 134.0 $ 122.2 9.7 % Plumbing 307.9 273.1 12.7 Doors & Security 122.5 121.7 0.7 Less: Corporate expenses (58.4 ) (61.9 ) 5.7 Operating income $ 506.0 $ 455.1 11.2 % Three Months Ended September 30, (In millions) 2019 2018 % Change vs. Prior Year Net Sales Cabinets $ 589.7 $ 599.0 (1.6 ) % Plumbing 514.1 461.5 11.4 Doors & Security 355.2 320.3 10.9 Net sales $ 1,459.0 $ 1,380.8 5.7 % Operating Income (Loss) Cabinets $ 25.1 $ 28.7 (12.5 ) % Plumbing 112.0 89.4 25.3 Doors & Security 50.1 48.2 3.9 Less: Corporate expenses (19.2 ) (19.2 ) 0.0 Operating income $ 168.0 $ 147.1 14.2 %

Restructuring and Other Charg_2

Restructuring and Other Charges (Tables)	9 Months Ended
	Sep. 30, 2019
Restructuring And Related Activities [Abstract]
Pre-tax Restructuring and Other Charges	Pre-tax restructuring and other charges for the nine and three months ended September 30, 2019 and 2018 are shown below. (In millions) Nine Months Ended September 30, 2019 Nine Months Ended September 30, 2018 Restructuring Charges Other Charges (a) Total Charges Restructuring Charges Other Charges (a) Total Charges Cabinets $ 6.1 $ 1.1 $ 7.2 $ 11.0 $ 9.7 $ 20.7 Plumbing 3.5 5.6 9.1 1.6 0.1 1.7 Doors & Security 1.6 2.0 3.6 4.7 1.2 5.9 Total $ 11.2 $ 8.7 $ 19.9 $ 17.3 $ 11.0 $ 28.3 (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 and gains or losses on the sale of previously closed facilities. Restructuring and other charges in the first nine months of 2019 largely related to severance costs within our Cabinets and Plumbing segments and costs associated with closing facilities within our Plumbing and Doors & Security segments. Restructuring and other charges in the first nine months of 2018 largely related to severance costs across all segments and our initiatives to consolidate our manufacturing footprint and to discontinue certain product lines in our Cabinets segment. (In millions) Three Months Ended September 30, 2019 Three Months Ended September 30, 2018 Restructuring Charges Other Charges (a) Total Charges Restructuring Charges Other Charges (a) Total Charges Cabinets $ 3.8 $ 0.4 $ 4.2 $ 3.4 $ 5.4 $ 8.8 Plumbing 0.2 (0.2 ) — 0.1 — 0.1 Doors & Security 1.5 — 1.5 2.2 0.2 2.4 Total $ 5.5 $ 0.2 $ 5.7 $ 5.7 $ 5.6 $ 11.3 (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 and gains or losses on the sale of previously closed facilities.
Reconciliation of Restructuring Liability	Reconciliation of Restructuring Liability (In millions) Balance at 12/31/18 2019 Provision Cash Expenditures (a) Non-Cash Write-offs Balance at 9/30/19 Workforce reduction costs $ 9.9 $ 10.2 $ (10.1 ) $ (0.1 ) $ 9.9 Other 0.6 1.0 (1.2 ) — 0.4 $ 10.5 $ 11.2 $ (11.3 ) $ (0.1 ) $ 10.3 (a) Cash expenditures primarily relate to severance charges. (In millions) Balance at 12/31/17 2018 Provision Cash Expenditures (a) Non-Cash Write-offs (b) Balance at 9/30/18 Workforce reduction costs $ 5.0 $ 16.0 $ (11.3 ) $ — $ 9.7 Other 0.8 1.3 (1.2 ) (0.6 ) 0.3 $ 5.8 $ 17.3 $ (12.5 ) $ (0.6 ) $ 10.0 (a) Cash expenditures primarily relate to severance charges. (b) Non-cash write-offs include long-lived asset impairment charges attributable to restructuring actions.

Earning Per Share (Tables)

Earning Per Share (Tables)	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Computations of Earnings (Loss) per Common Share	The computations of earnings per common share for the nine and three months ended September 30, 2019 and 2018 were as follows: (In millions, except per share data) Nine Months Ended September 30, Three Months Ended September 30, 2019 2018 2019 2018 Income from continuing operations, net of tax $ 327.3 $ 304.7 $ 105.7 $ 99.9 Less: Noncontrolling interest (0.5 ) 0.1 0.1 0.1 Income from continuing operations for EPS 327.8 304.6 105.6 99.8 Loss from discontinued operations — (0.2 ) — — Net income attributable to Fortune Brands $ 327.8 $ 304.4 $ 105.6 99.8 Earnings per common share Basic Continuing operations $ 2.34 $ 2.09 $ 0.76 $ 0.70 Discontinued operations — — — — Net income attributable to Fortune Brands common stockholders $ 2.34 $ 2.09 $ 0.76 $ 0.70 Diluted Continuing operations $ 2.32 $ 2.06 $ 0.75 $ 0.69 Discontinued operations — — — — Net income attributable to Fortune Brands common stockholders $ 2.32 $ 2.06 $ 0.75 $ 0.69 Basic average shares outstanding 140.0 145.8 139.5 142.4 Stock-based awards 1.4 1.9 1.4 1.8 Diluted average shares outstanding 141.4 147.7 140.9 144.2 Antidilutive stock-based awards excluded from weighted- average number of shares outstanding for diluted earnings per share 2.2 1.1 1.7 1.2

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2019
Commitments And Contingencies Disclosure [Abstract]
Future Minimum Rental Payments under Non-Cancelable Operating Leases	Future minimum rental payments under non-cancelable operating leases as of December 31, 2018 were as follows: (In millions) 2019 $ 37.8 2020 29.6 2021 23.4 2022 18.9 2023 13.8 Remainder 58.8 Total minimum rental payments $ 182.3

Basis of Presentation and Pri_2

Basis of Presentation and Principles of Consolidation - Additional Information (Detail) - Fiberon [Member] $ in Millions	1 Months Ended
	Sep. 30, 2018USD ($)
Basis of Presentation [Line Items]
Business acquisition, percentage of voting interests acquired	100.00%
Business acquisition, total purchase price	$ 470

Recently Issued Accounting St_2

Recently Issued Accounting Standards - Additional Information (Detail) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Jan. 01, 2019	Aug. 31, 2018
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Operating lease liabilities	$ 139.8
Effect of health care cost trend rate			1.00%
Accounting Standards Update 2017-12 [Member]
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Operating Lease, Right-of-Use Asset		$ 177.2
Operating lease liabilities		$ 182.6
Accounting Standards Update 2018 02 [Member]
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	$ 8.6

Balance Sheet Information - Sup

Balance Sheet Information - Supplemental Information on Balance Sheets (Detail) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Inventories:
Raw materials and supplies	$ 279.7	$ 227.4
Work in process	76.5	66.4
Finished products	402.6	385.1
Total inventories	758.8	678.9
Property, plant and equipment, gross	1,961.2	1,911.7
Less: accumulated depreciation	1,160.8	1,098.3
Property, plant and equipment, net	$ 800.4	$ 813.4

Acquisitions and Dispositions -

Acquisitions and Dispositions - Additional Information (Detail) - Fiberon [Member] $ in Millions	1 Months Ended
	Sep. 30, 2018USD ($)
Business Acquisition [Line Items]
Business acquisition, membership interests acquired	100.00%
Business acquisition consideration price paid	$ 470

Acquisitions and Dispositions_2

Acquisitions and Dispositions - Final Allocation of Purchase Price to Fair Value of Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Goodwill	$ 2,084.9	$ 2,080.3
Fiberon [Member]
Business Acquisition [Line Items]
Accounts receivable	18.8
Inventories	50.9
Property, plant and equipment	45.7
Goodwill	177.7
Identifiable intangible assets	195
Other assets	4.8
Total assets	492.9
Accounts payable	16.8
Other liabilities and accruals	16.3
Net assets acquired	$ 459.8

Goodwill and Identifiable Int_3

Goodwill and Identifiable Intangible Assets - Additional Information (Detail) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2019USD ($)	Dec. 31, 2018USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2019USD ($)asset-group
Goodwill and Identifiable Intangible Assets [Line Items]
Goodwill	$ 2,084.9	$ 2,080.3		$ 2,084.9
Net identifiable intangible assets	1,186.1	1,246.8		1,186.1
Decrease in gross identifiable intangible assets				(28.2)
Indefinite-lived Intangible Assets (Excluding Goodwill)	645.1	673.9		$ 645.1
Customer Relationship [Member] | Minimum [Member]
Goodwill and Identifiable Intangible Assets [Line Items]
Amortizable identifiable intangible assets, estimated useful life				2 years
Customer Relationship [Member] | Maximum [Member]
Goodwill and Identifiable Intangible Assets [Line Items]
Amortizable identifiable intangible assets, estimated useful life				30 years
Cabinets [Member]
Goodwill and Identifiable Intangible Assets [Line Items]
Goodwill	925.1	924		$ 925.1
Number of tradenames | asset-group				3
Cabinets [Member] | Trade Names [Member]
Goodwill and Identifiable Intangible Assets [Line Items]
Impairment of intangible assets, trade names	29.5	$ 35.5	$ 27.1	$ 29.5
Indefinite-lived Intangible Assets (Excluding Goodwill)	$ 85		$ 174	$ 85

Goodwill and Identifiable Int_4

Goodwill and Identifiable Intangible Assets - Change in Net Carrying Amount of Goodwill by Segment (Detail) $ in Millions	9 Months Ended
	Sep. 30, 2019USD ($)
Goodwill [Line Items]
Beginning Balance	$ 2,080.3
Translation adjustments	0.3
Acquisition-related adjustments	4.3
Ending Balance	2,084.9
Cabinets [Member]
Goodwill [Line Items]
Beginning Balance	924
Translation adjustments	1.1
Ending Balance	925.1
Plumbing [Member]
Goodwill [Line Items]
Beginning Balance	743.7
Translation adjustments	(1.2)
Ending Balance	742.5
Doors & Security [Member]
Goodwill [Line Items]
Beginning Balance	412.6
Translation adjustments	0.4
Acquisition-related adjustments	4.3
Ending Balance	$ 417.3

Goodwill and Identifiable Int_5

Goodwill and Identifiable Intangible Assets - Change in Net Carrying Amount of Goodwill by Segment (Parenthetical) (Detail) $ in Millions	Sep. 30, 2019USD ($)
Doors & Security [Member]
Goodwill [Line Items]
Accumulated impairment losses	$ 399.5

Goodwill and Identifiable Int_6

Goodwill and Identifiable Intangible Assets - Gross Carrying Value and Accumulated Amortization by Class of Identifiable Intangible Assets (Detail) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Intangible Assets [Line Items]
Gross Carrying Amounts, Indefinite-lived tradenames	$ 645.1	$ 673.9
Net Book Value, Indefinite-lived tradenames	645.1	673.9
Gross Carrying Amounts, Finite Lived	894.2	893.6
Accumulated Amortization, Finite Lived	(353.2)	(320.7)
Net Book Value, Finite Lived	541	572.9
Gross Carrying Amounts, Total identifiable intangibles	1,539.3	1,567.5
Accumulated Amortization, Total identifiable intangibles	(353.2)	(320.7)
Net Book Value, Total identifiable intangibles	1,186.1	1,246.8
Tradenames [Member]
Intangible Assets [Line Items]
Gross Carrying Amounts, Finite Lived	20.3	19.8
Accumulated Amortization, Finite Lived	(12.6)	(11.9)
Net Book Value, Finite Lived	7.7	7.9
Customer and contractual relationships [Member]
Intangible Assets [Line Items]
Gross Carrying Amounts, Finite Lived	800.6	800.3
Accumulated Amortization, Finite Lived	(289.4)	(260.2)
Net Book Value, Finite Lived	511.2	540.1
Patents/proprietary technology [Member]
Intangible Assets [Line Items]
Gross Carrying Amounts, Finite Lived	73.3	73.5
Accumulated Amortization, Finite Lived	(51.2)	(48.6)
Net Book Value, Finite Lived	$ 22.1	$ 24.9

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019
Lessee Lease Description [Line Items]
Operating lease cost	$ 12.7	$ 38.4
Variable lease cost	$ 2	$ 6
Minimum [Member]
Lessee Lease Description [Line Items]
Lease term remaining		1 year
Maximum [Member]
Lessee Lease Description [Line Items]
Lease term remaining		36 years

Leases - Other Information Rela

Leases - Other Information Related to Leases (Detail) $ in Millions	9 Months Ended
	Sep. 30, 2019USD ($)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 30.4
Right-of-use assets obtained in exchange for operating lease obligations	$ 13.5
Weighted average remaining lease term - operating leases	7 years 2 months 12 days
Weighted average discount rate - operating leases	4.40%

Leases - Total Expected Lease P

Leases - Total Expected Lease Payments Under Non-Cancellable Leases (Detail) $ in Millions	Sep. 30, 2019USD ($)
Operating Leased Assets [Line Items]
2019 (excluding nine months ended September 30, 2019)	$ 9.8
2020	37.7
2021	31.3
2022	24.9
2023	20.7
Thereafter	78.2
Total lease payments	202.6
Less imputed interest	(29.8)
Total minimum rental payments	172.8
Operating lease liabilities	139.8
Other Current Liabilities [Member]
Operating Leased Assets [Line Items]
Operating lease liabilities	33
Operating leases liabilities [Member]
Operating Leased Assets [Line Items]
Operating lease liabilities	$ 139.8

External Debt and Financing A_3

External Debt and Financing Arrangements - Additional Information (Detail) - USD ($) $ in Millions	1 Months Ended		9 Months Ended
	Sep. 30, 2019	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018	Mar. 31, 2019	Dec. 31, 2018	Aug. 31, 2018
Debt Instrument [Line Items]
Aggregate outstanding notes	$ 2,200		$ 2,200
Repayment of long-term debt			955	$ 1,610
Term loan maturity period		2019-03
Uncommitted bank lines of credit, which provide for unsecured borrowings for working capital	23.5		23.5			$ 23.5
Uncommitted bank lines of credit, which provide for unsecured borrowings for working capital amount outstanding	0		$ 0			0
Term Loan Facility [Member]
Debt Instrument [Line Items]
Senior unsecured notes, price		$ 350			$ 350		$ 525
Repayment of long-term debt	350
Term loan maturity period			2020-03
Term loan, outstanding borrowings	0		$ 0			525
Debt instrument, description			In March 2018, the Company entered into a $350 million term loan (the “Term Loan”), the borrowings thereunder were used for general corporate purposes. The Term Loan was amended in August 2018 to increase the borrowings to $525 million and further amended in March 2019 to decrease the borrowings to $350 million and extend the maturity date to March 2020.
2019 Senior Notes [Member] | Notes due 2029 [Member]
Debt Instrument [Line Items]
Senior unsecured notes, price	$ 700		$ 700
Senior unsecured notes, maturity year	2029
Senior unsecured notes, coupon rate	3.25%		3.25%
2019 Revolving Credit Agreement [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,250		$ 1,250
Term loan maturity period			2024-09
Rollover amount from prior credit facility included in current facility	165		$ 165
Debt Instrument, Description of Variable Rate Basis			Interest rates under the 2019 Revolving Credit Agreement are variable based on LIBOR at the time of the borrowing and the Company’s long-term credit rating and can range from LIBOR + 0.91% to LIBOR + 1.4%.
Term loan, outstanding borrowings	$ 165		$ 165			$ 320
2019 Revolving Credit Agreement [Member] | LIBOR [Member] | Minimum [Member]
Debt Instrument [Line Items]
Interest rate over LIBOR			0.91%
2019 Revolving Credit Agreement [Member] | LIBOR [Member] | Maximum [Member]
Debt Instrument [Line Items]
Interest rate over LIBOR			1.40%

External Debt and Financing A_4

External Debt and Financing Arrangements - Summary of Outstanding Notes - (Detail) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
3.000% Senior Notes [Member]
Debt Instrument [Line Items]
Principal Amount	$ 400
Issuance Date	2015-06
Maturity Date	2020-06
Net Carrying Value	$ 399.5	$ 399
4.000% Senior Notes [Member]
Debt Instrument [Line Items]
Principal Amount	$ 500
Issuance Date	2015-06
Maturity Date	2025-06
Net Carrying Value	$ 495.7	495
4.000% Senior Notes [Member] | 2018 Senior Notes [Member]
Debt Instrument [Line Items]
Principal Amount	$ 600
Issuance Date	2018-09
Maturity Date	2023-09
Net Carrying Value	$ 595.8	$ 595
3.250% Senior Notes [Member] | 2019 Senior Notes [Member]
Debt Instrument [Line Items]
Principal Amount	$ 700
Issuance Date	2019-09
Maturity Date	2029-09
Net Carrying Value	$ 692.5

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Foreign exchange contracts [Member]
Derivative [Line Items]
Notional amount of foreign currency derivative hedges	$ 388,100,000		$ 388,100,000
Cash flow hedge [Member]
Derivative [Line Items]
Derivative instrument gain, effective portion	2,900,000	$ 3,000,000	2,700,000	$ 7,100,000
Cash flow hedge [Member] | Foreign exchange contracts [Member]
Derivative [Line Items]
Estimated amount of net derivative gain in accumulated other comprehensive income reclassified to earnings within 12 months	$ 1,100,000		$ 1,100,000

Financial Instruments - Fair Va

Financial Instruments - Fair Values of Derivative Instruments (Detail) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Derivatives, Fair Value [Line Items]
Derivative assets, fair value	$ 1.8	$ 6
Derivative liabilities, fair value	1.1	1.9
Net investment hedges [Member] | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative assets, fair value		0.7
Foreign exchange contracts [Member] | Cash flow hedging [Member] | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative assets, fair value	0.9	3.9
Foreign exchange contracts [Member] | Cash flow hedging [Member] | Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative liabilities, fair value	0.8	0.3
Foreign exchange contracts [Member] | Fair value hedging [Member] | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative assets, fair value	0.9	1.4
Foreign exchange contracts [Member] | Fair value hedging [Member] | Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative liabilities, fair value	$ 0.3	$ 1.6

Financial Instruments - Classif

Financial Instruments - Classification and Amount of Gain (Loss) Recognized in Income on Fair Value and Cash Flow Hedging Relationships (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Cost of products sold [Member]
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	$ 934.8	$ 886.9	$ 2,773.5	$ 2,606.8
Cost of products sold [Member] | Foreign exchange contracts [Member]
Derivatives, Fair Value [Line Items]
Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income	0.4	0.8	3.2	0.8
Cost of products sold [Member] | Commodity Contracts [Member]
Derivatives, Fair Value [Line Items]
Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income	(0.2)	(0.3)	(0.2)	(0.3)
Interest expense [Member]
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	23.6	19	71.8	51.1
Interest expense [Member] | Interest rate contracts [Member]
Derivatives, Fair Value [Line Items]
Amount of gain or (loss) reclassified from accumulated other comprehensive (loss) income into income	0.1		0.3
Other income, net [Member]
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	0.3	9.6	2.2	15.8
Other income, net [Member] | Foreign exchange contracts [Member]
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	(2.5)	0.7	(2.7)	(0.2)
Other income, net [Member] | Foreign exchange contracts [Member] | Designated as hedging instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	$ 2.7	$ 0.1	$ 3.4	$ 1.3

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail)	Sep. 30, 2019USD ($)
Fair Value Disclosures [Abstract]
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	Sep. 30, 2019	Dec. 31, 2018
Carrying Value | Term Loan Facility [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value		$ 525
Carrying Value | Notes [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 2,183.5	1,489
Carrying Value | Revolving Credit Facility [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	165	320
Fair Value | Term Loan Facility [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value		525
Fair Value | Notes [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	2,256	1,490.4
Fair Value | Revolving Credit Facility [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 165	$ 320

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments (Level 2)	$ 1.8	$ 6
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	13.1	15.3
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)	1.8	6
Deferred compensation program assets (Level 2)	11.3	9.3
Derivative financial instruments (Level 2)	$ 1.1	$ 1.9

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive (Loss) Income - After-Tax Components of and Changes in Accumulated Other Comprehensive (Loss) Income (Detail) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance		$ 2,344.7	$ 2,174.7	$ 2,180	$ 2,601.1
Ending Balance		2,336.7	2,233.6	2,336.7	2,233.6
Foreign Currency Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance		(11.6)	(11.3)	(25.3)	5.8
Amounts classified into accumulated other comprehensive (loss) income		(12.6)	7.6	1.1	(9.5)
Other comprehensive (loss) income, net of tax		(12.6)	7.6	1.1	(9.5)
Ending Balance		(24.2)	(3.7)	(24.2)	(3.7)
Derivative Hedging Gain (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance		2	0.5	4.2	(2.4)
Amounts classified into accumulated other comprehensive (loss) income		2.7	3.3	3	6.2
Amounts reclassified from accumulated other comprehensive (loss) income		(0.3)	(0.4)	(2.8)	(0.4)
Other comprehensive (loss) income, net of tax		2.4	2.9	0.2	5.8
Ending Balance		4.4	3.4	4.4	3.4
Defined Benefit Plan Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	[1]	(54.5)	(42.4)	(45.9)	(42.6)
Amounts classified into accumulated other comprehensive (loss) income	[1]	(2.8)	(3.2)	(2.8)	(3)
Adoption of ASU 2018-02	[1],[2]	(8.6)		(8.6)
Amounts reclassified from accumulated other comprehensive (loss) income	[1]	1.6	0.2	1.6	0.2
Other comprehensive (loss) income, net of tax	[1]	(1.2)	(3)	(9.8)	(2.8)
Ending Balance	[1]	(55.7)	(45.4)	(55.7)	(45.4)
Accumulated Other Comprehensive Loss [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance		(64.1)	(53.2)	(67)	(39.2)
Amounts classified into accumulated other comprehensive (loss) income		(12.7)	7.7	1.3	(6.3)
Adoption of ASU 2018-02	[2]	(8.6)		(8.6)
Amounts reclassified from accumulated other comprehensive (loss) income		1.3	(0.2)	(1.2)	(0.2)
Other comprehensive (loss) income, net of tax		(11.4)	7.5	(8.5)	(6.5)
Ending Balance		$ (75.5)	$ (45.7)	$ (75.5)	$ (45.7)
[1]	See Note 12, “Defined Benefit Plans,” for further information on the adjustments related to defined benefit plans.
[2]	See Note 2, “Recently Issued Accounting Standards,” for further information on the impact of adopting ASU 2018-02.

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive (Loss) Income - Reclassifications Out of Accumulated Other Comprehensive (Loss) Income (Detail) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of products sold		$ (934.8)	$ (886.9)	$ (2,773.5)	$ (2,606.8)
Tax (expense) benefit		(39)	(37.8)	(109.1)	(115.1)
Income from continuing operations, net of tax		105.7	99.9	327.3	304.7
Derivative Hedging Gain (Loss) [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax		0.3	0.4	2.8	0.4
Defined benefit plan items [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	[1]	(1.6)	(0.2)	(1.6)	(0.2)
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, Current Period, Net of Tax		(1.3)	0.2	1.2	0.2
Reclassification out of Accumulated Other Comprehensive Income (Loss) [Member] | Derivative Hedging Gain (Loss) [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest		0.3	0.5	3.3	0.5
Tax (expense) benefit			(0.1)	(0.5)	(0.1)
Income from continuing operations, net of tax		0.3	0.4	2.8	0.4
Reclassification out of Accumulated Other Comprehensive Income (Loss) [Member] | Derivative Hedging Gain (Loss) [Member] | Foreign exchange contracts [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of products sold		0.4	0.8	3.2	0.8
Reclassification out of Accumulated Other Comprehensive Income (Loss) [Member] | Derivative Hedging Gain (Loss) [Member] | Interest rate contracts [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense		0.1		0.3
Reclassification out of Accumulated Other Comprehensive Income (Loss) [Member] | Derivative Hedging Gain (Loss) [Member] | Commodity contracts [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of products sold		(0.2)	(0.3)	(0.2)	(0.3)
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)	(0.3)	(2.1)	(0.3)
Reclassification from AOCI, Current Period, Tax		0.5	0.1	0.5	0.1
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax		(1.6)	(0.2)	(1.6)	(0.2)
Reclassification out of Accumulated Other Comprehensive Income (Loss) [Member] | Actuarial losses [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	[2]	$ (2.1)	$ (0.3)	$ (2.1)	$ (0.3)
[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 - Disaggregation of Rev

Revenue - Disaggregation of Revenue (Detail) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Disaggregation of Revenue [Line Items]
Net sales		$ 1,459	$ 1,380.8	$ 4,294.1	$ 4,064.4
Wholesalers [Member]
Disaggregation of Revenue [Line Items]
Net sales	[1]	684	661.7	2,001.8	1,930.4
Home Center retailers [Member]
Disaggregation of Revenue [Line Items]
Net sales	[2]	383.7	344.6	1,205.6	1,069.3
Other retailers [Member]
Disaggregation of Revenue [Line Items]
Net sales	[3]	77.6	79.8	220	237
Builder direct [Member]
Disaggregation of Revenue [Line Items]
Net sales		60.8	60.9	173.2	171
United States [Member]
Disaggregation of Revenue [Line Items]
Net sales		1,206.1	1,147	3,600.6	3,407.7
International [Member]
Disaggregation of Revenue [Line Items]
Net sales	[4]	$ 252.9	$ 233.8	$ 693.5	$ 656.7
[1]	Represents sales to customers
[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 Canada, China, Europe and Mexico.

Defined Benefit Plans - Compone

Defined Benefit Plans - Components of Net Periodic Benefit Cost for Pension Benefits (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Defined Benefit Plan Disclosure [Line Items]
Recognition of actuarial losses			$ 2.1	$ 0.3
Net Periodic Benefit Cost
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 0.1	$ 0.1	0.3	0.4
Interest cost	8.3	7.7	24.7	23
Expected return on plan assets	(8.8)	(10.3)	(26.4)	(30.8)
Recognition of actuarial losses	2.1	0.3	2.1	0.3
Net periodic benefit loss (income)	$ 1.7	$ (2.2)	$ 0.7	$ (7.1)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Income Taxes [Line Items]
Effective income tax rate	27.00%	27.50%	25.00%	27.40%
Minimum [Member]
Income Taxes [Line Items]
Reasonably possible decrease in unrecognized tax benefits	$ 2,400,000		$ 2,400,000
Maximum [Member]
Income Taxes [Line Items]
Reasonably possible decrease in unrecognized tax benefits	$ 3,000,000		$ 3,000,000

Product Warranties - Activity R

Product Warranties - Activity Related to Product Warranty Liability (Detail) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018
Guarantees And Product Warranties [Abstract]
Reserve balance at the beginning of the year	[1]	$ 24.9	$ 17.2
Provision for warranties issued		20.5	18.1
Settlements made (in cash or in kind)		(19.2)	(17.3)
Foreign translation adjustments		(0.5)	(1.9)
Acquisitions			9.1
Reserve balance at end of year		$ 25.7	$ 25.2
[1]	Balance at January 1, 2019 includes the impact of acquiring Fiberon. See Note 4, “Acquisitions and Dispositions,” for additional information

Information on Business Segme_3

Information on Business Segments - Net Sales and Operating Income by Segment (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net sales	$ 1,459	$ 1,380.8	$ 4,294.1	$ 4,064.4
Operating income	$ 168	147.1	$ 506	455.1
Net Sales, Percentage Change vs. Prior Year	5.70%		5.70%
Operating Income, Percentage Change vs. Prior Year	14.20%		11.20%
Corporate [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income	$ (19.2)	(19.2)	$ (58.4)	(61.9)
Operating Income, Percentage Change vs. Prior Year	0.00%		5.70%
Cabinets [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net sales	$ 589.7	599	$ 1,797.7	1,793.8
Operating income	$ 25.1	28.7	$ 134	122.2
Net Sales, Percentage Change vs. Prior Year	(1.60%)		0.20%
Operating Income, Percentage Change vs. Prior Year	(12.50%)		9.70%
Plumbing [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net sales	$ 514.1	461.5	$ 1,478.8	1,394.9
Operating income	$ 112	89.4	$ 307.9	273.1
Net Sales, Percentage Change vs. Prior Year	11.40%		6.00%
Operating Income, Percentage Change vs. Prior Year	25.30%		12.70%
Doors & Security [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net sales	$ 355.2	320.3	$ 1,017.6	875.7
Operating income	$ 50.1	$ 48.2	$ 122.5	$ 121.7
Net Sales, Percentage Change vs. Prior Year	10.90%		16.20%
Operating Income, Percentage Change vs. Prior Year	3.90%		0.70%

Restructuring and Other Charg_3

Restructuring and Other Charges - Pre-tax Restructuring and Other Charges (Detail) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Restructuring Cost and Reserve [Line Items]
Restructuring charges		$ 5.5	$ 5.7	$ 11.2	$ 17.3
Other Charges	[1]	0.2	5.6	8.7	11
Total Charges		5.7	11.3	19.9	28.3
Operating Segments [Member] | Cabinets [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges		3.8	3.4	6.1	11
Other Charges	[1]	0.4	5.4	1.1	9.7
Total Charges		4.2	8.8	7.2	20.7
Operating Segments [Member] | Plumbing [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges		0.2	0.1	3.5	1.6
Other Charges	[1]	(0.2)		5.6	0.1
Total Charges			0.1	9.1	1.7
Operating Segments [Member] | Doors & Security [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges		1.5	2.2	1.6	4.7
Other Charges	[1]		0.2	2	1.2
Total Charges		$ 1.5	$ 2.4	$ 3.6	$ 5.9
[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 and gains or losses on the sale of previously closed facilities.

Restructuring and Other Charg_4

Restructuring and Other Charges - Reconciliation of Restructuring Liability (Detail) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Restructuring Cost and Reserve [Line Items]
Beginning Balance				$ 10.5	$ 5.8
Provision		$ 5.5	$ 5.7	11.2	17.3
Cash Expenditures	[1]			(11.3)	(12.5)
Non-Cash Write-offs				(0.1)	(0.6)	[2]
Ending Balance		10.3	10	10.3	10
Workforce Reduction Costs [Member]
Restructuring Cost and Reserve [Line Items]
Beginning Balance				9.9	5
Provision				10.2	16
Cash Expenditures	[1]			(10.1)	(11.3)
Non-Cash Write-offs				(0.1)
Ending Balance		9.9	9.7	9.9	9.7
Other [Member]
Restructuring Cost and Reserve [Line Items]
Beginning Balance				0.6	0.8
Provision				1	1.3
Cash Expenditures	[1]			(1.2)	(1.2)
Non-Cash Write-offs	[2]				(0.6)
Ending Balance		$ 0.4	$ 0.3	$ 0.4	$ 0.3
[1]	Cash expenditures primarily relate to severance charges.
[2]	Non-cash write-offs include long-lived asset impairment charges attributable to restructuring actions.

Earnings Per Share - Computatio

Earnings Per Share - Computations of Earnings (Loss) per Common Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Earnings Per Share [Abstract]
Income from continuing operations, net of tax	$ 105.7	$ 99.9	$ 327.3	$ 304.7
Less: Noncontrolling interest	0.1	0.1	(0.5)	0.1
Income from continuing operations for EPS	105.6	99.8	327.8	304.6
Loss from discontinued operations				(0.2)
Net income attributable to Fortune Brands	$ 105.6	$ 99.8	$ 327.8	$ 304.4
Basic
Continuing operations	$ 0.76	$ 0.70	$ 2.34	$ 2.09
Net income attributable to Fortune Brands common shareholders	0.76	0.70	2.34	2.09
Diluted
Continuing operations	0.75	0.69	2.32	2.06
Net income attributable to Fortune Brands common shareholders	$ 0.75	$ 0.69	$ 2.32	$ 2.06
Basic average shares outstanding	139.5	142.4	140	145.8
Stock-based awards	1.4	1.8	1.4	1.9
Diluted average shares outstanding	140.9	144.2	141.4	147.7
Antidilutive stock-based awards excluded from weighted- average number of shares outstanding for diluted earnings per share	1.7	1.2	2.2	1.1

Commitments and Contingencies -

Commitments and Contingencies - Future Minimum Rental Payments under Non-Cancelable Operating Leases (Detail) $ in Millions	Dec. 31, 2018USD ($)
Leases [Abstract]
2019	$ 37.8
2020	29.6
2021	23.4
2022	18.9
2023	13.8
Remainder	58.8
Total minimum rental payments	$ 182.3