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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Income Statement [Abstract]        
Net sales $ 1,424.7 $ 1,355.8 $ 2,808.0 $ 2,676.8
Costs and expenses        
Cost of sales 806.3 788.6 1,597.0 1,541.2
Selling, general and administrative 313.0 286.4 613.4 577.7
Acquired intangible asset amortization 49.3 51.3 99.0 104.9
Total costs and expenses 1,168.6 1,126.3 2,309.4 2,223.8
Operating income (loss) 256.1 229.5 498.6 453.0
Interest and debt income (expense), net (22.3) (22.5) (43.3) (44.8)
Gain (loss) on debt extinguishment 1.6 10.6 1.6 10.6
Non-service retirement benefit income (expense), net 2.9 2.9 6.2 5.7
Other income (expense), net (3.4) 1.0 (4.5) 0.0
Income (loss) before income taxes 234.9 221.5 458.6 424.5
Provision (benefit) for income taxes 49.4 50.2 94.3 40.6
Net income (loss) including noncontrolling interest 185.5 171.3 364.3 383.9
Less: Net income (loss) attributable to noncontrolling interest 0.2 0.0 0.3 0.0
Total $ 185.3 $ 171.3 $ 364.0 $ 383.9
Basic earnings per common share (in USD per share) $ 3.94 $ 3.66 $ 7.74 $ 8.20
Weighted average common shares outstanding (in shares) 47.0 46.8 47.0 46.8
Diluted earnings per common share (in USD per share) $ 3.87 $ 3.59 $ 7.60 $ 8.05
Weighted average diluted common shares outstanding (in shares) 47.9 47.7 47.9 47.7