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Consolidated Condensed Statements of Operations and Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Sep. 26, 2020
Sep. 28, 2019
Income Statement [Abstract]        
Revenue $ 493.1 $ 574.3 $ 1,281.5 $ 1,666.3
Cost of goods sold 291.1 331.0 750.5 972.4
Gross profit 202.0 243.3 531.0 693.9
Selling, general and administrative expenses 157.5 165.9 457.2 498.6
Environmental and other related costs, net of recoveries 1.9 9.1 6.8 19.1
Operating profit 42.6 68.3 67.0 176.2
Other expenses:        
Interest expense, net 12.8 8.2 31.1 21.8
Debt extinguishment and other costs 0.0 0.0 0.2 0.0
Other income, net (0.6) (0.9) (2.9) (3.2)
Total other expenses 12.2 7.3 28.4 18.6
Earnings before income taxes 30.4 61.0 38.6 157.6
Income tax expense 8.7 12.4 6.0 28.2
Net earnings 21.7 48.6 32.6 129.4
Less: net earnings (loss) attributable to noncontrolling interests (0.7) (0.1) (1.2) 0.0
Net earnings attributable to Wolverine World Wide, Inc. $ 22.4 $ 48.7 $ 33.8 $ 129.4
Net earnings per share (see Note 3):        
Basic $ 0.27 $ 0.57 $ 0.41 $ 1.46
Diluted $ 0.27 $ 0.57 $ 0.41 $ 1.44
Comprehensive income $ 25.2 $ 45.6 $ 25.6 $ 128.8
Less: comprehensive loss attributable to noncontrolling interests (0.5) (0.5) (2.1) (0.3)
Comprehensive income attributable to Wolverine World Wide, Inc. $ 25.7 $ 46.1 $ 27.7 $ 129.1
Cash dividends declared per share $ 0.10 $ 0.10 $ 0.30 $ 0.30