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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Oct. 02, 2015
Sep. 26, 2014
Oct. 02, 2015
Sep. 26, 2014
Income Statement [Abstract]        
Revenues $ 904.2 $ 833.5 $ 2,655.5 $ 2,297.6
Cost of revenues (exclusive of amortization shown below) 595.7 552.6 1,742.2 1,490.4
Gross profit 308.5 280.9 913.3 807.2
Operating expenses:        
Research and development 104.9 93.4 305.7 255.7
Selling and marketing 52.3 51.1 156.0 143.4
General and administrative 44.9 48.5 136.6 134.2
Amortization of acquisition-related intangible assets 33.6 21.0 101.1 39.6
Restructuring, asset impairments and other, net 3.3 10.1 4.5 20.0
Goodwill and intangible asset impairment 0.1 0.0 3.8 0.0
Total operating expenses 239.1 224.1 707.7 592.9
Operating income 69.4 56.8 205.6 214.3
Other (expense) income, net:        
Interest expense (14.9) (8.6) (34.8) (24.6)
Interest income 0.2 0.2 0.8 0.6
Other 2.1 (1.2) 7.9 (2.1)
Loss on debt extinguishment 0.0 0.0 (0.4) 0.0
Other (expense) income, net (12.6) (9.6) (26.5) (26.1)
Income before income taxes 56.8 47.2 179.1 188.2
Income tax (provision) benefit (10.0) (6.3) (25.1) 3.7
Net income 46.8 40.9 154.0 191.9
Less: Net income attributable to non-controlling interest (0.5) (0.4) (1.9) (1.6)
Net income attributable to ON Semiconductor Corporation 46.3 40.5 152.1 190.3
Comprehensive income (loss), net of tax:        
Net income 46.8 40.9 154.0 191.9
Foreign currency translation adjustments 0.2 1.9 0.2 1.3
Effects of cash flow hedges 0.4 (1.2) 1.7 1.5
Effects of available-for-sale securities (1.1) 0.0 (4.5) 0.0
Other comprehensive (loss) income, net of tax of $0.0 million (0.5) 0.7 (2.6) 2.8
Comprehensive income 46.3 41.6 151.4 194.7
Comprehensive income attributable to non-controlling interest (0.5) (0.4) (1.9) (1.6)
Comprehensive income attributable to ON Semiconductor Corporation $ 45.8 $ 41.2 $ 149.5 $ 193.1
Net income per common share attributable to ON Semiconductor Corporation:        
Basic (in dollars per share) $ 0.11 $ 0.09 $ 0.36 $ 0.43
Diluted (in dollars per share) $ 0.11 $ 0.09 $ 0.35 $ 0.43
Weighted-average common shares outstanding:        
Basic (in shares) 413.7 440.7 424.0 440.7
Diluted (in shares) 417.5 444.9 431.3 444.6