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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Apr. 02, 2016
Mar. 28, 2015
Net sales $ 1,383.2 $ 1,049.1
Cost of sales 860.3 670.3
Gross profit 522.9 378.8
Operating expenses    
Distribution 21.8 14.7
Research and development 45.3 35.4
Selling 180.8 48.8
Administration 106.4 79.6
Impairment charges 467.0 0.0
Restructuring 5.4 1.1
Total operating expenses 826.7 179.6
Operating income (loss) (303.8) 199.2
Interest expense, net 51.2 43.3
Other expense, net 3.8 258.6
Loss on extinguishment of debt (0.4) 0.0
Loss before Income Taxes (359.2) (102.7)
Income tax benefit (24.6) (7.8)
Net loss $ (334.6) $ (94.9)
Loss Per Share [Abstract]    
Basic loss per share $ (2.34) $ (0.67)
Diluted loss per share $ (2.34) $ (0.67)
Weighted average shares outstanding    
Basic 143.2 140.8
Diluted 143.2 140.8
Dividends declared per share $ 0.145 $ 0.125