XML 87 R77.htm IDEA: XBRL DOCUMENT v3.23.3
Discontinued Operations - Schedule of Disposal Groups, Including Discontinued Operations, Income Statement (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 04, 2023
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Net income from discontinued operations   $ 9.3 $ 11.5 $ 26.9 $ 57.3
Subsequent Event          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Repayments of debt $ 575.0        
Discontinued Operations, Disposed of by Sale          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Net sales   127.2 122.6 399.1 394.8
Cost of products sold   92.3 95.7 309.9 298.1
Gross profit   34.9 26.9 89.2 96.7
Selling expense   3.7 3.3 11.0 10.5
Research and development expense   2.2 1.8 7.1 5.6
General expense   3.7 4.3 10.9 13.6
Total nonmanufacturing expenses   9.6 9.4 29.0 29.7
Restructuring and other impairment expense   0.5 0.0 0.6 0.2
Operating income   24.8 17.5 59.6 66.8
Interest expense   (12.3) (8.9) (35.1) (15.0)
Other income, net   1.4 1.3 8.3 10.0
Income from discontinued operations before income taxes   13.9 9.9 32.8 61.8
Income tax expense   4.8 (0.4) 6.3 9.6
Income (loss) from equity affiliates, net of income taxes   0.2 1.2 0.4 5.1
Net income from discontinued operations   $ 9.3 $ 11.5 $ 26.9 $ 57.3