XML 17 R2.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Apr. 02, 2023
Apr. 03, 2022
Income Statement [Abstract]    
Net sales $ 1,383.3 $ 1,321.0
Costs and expenses    
Cost of sales 790.7 752.6
Selling, general and administrative 300.4 291.3
Acquired intangible asset amortization 49.7 53.6
Total costs and expenses 1,140.8 1,097.5
Operating income (loss) 242.5 223.5
Interest and debt income (expense), net (21.0) (22.3)
Non-service retirement benefit income (expense), net 3.3 2.8
Other income (expense), net (1.1) (1.0)
Income (loss) before income taxes 223.7 203.0
Provision (benefit) for income taxes 44.9 (9.6)
Net income (loss) including noncontrolling interest 178.8 212.6
Less: Net income (loss) attributable to noncontrolling interest 0.1 0.0
Total $ 178.7 $ 212.6
Basic earnings per common share (in USD per share) $ 3.81 $ 4.55
Weighted average common shares outstanding (in shares) 46.9 46.7
Diluted earnings per common share (in USD per share) $ 3.73 $ 4.46
Weighted average diluted common shares outstanding (in shares) 47.9 47.7