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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Net sales [1] $ 1,174.5 $ 1,217.0
Cost of sales 725.7 724.3
Gross profit 448.8 492.7
Operating expenses    
Distribution 23.3 24.7
Research and development 40.2 38.4
Selling 148.6 161.3
Administration 125.1 107.6
Impairment charges 4.1 0.0
Restructuring charges 9.3 1.5
Other operating expense (income) (4.1) 2.9
Total operating expenses 346.5 336.4
Operating income 102.3 156.3
Change in financial assets (10.4) 9.6
Interest expense, net 28.6 31.4
Other (income) expense, net 3.2 4.3
Loss on extinguishment of debt 0.0 0.5
Income before income taxes 80.9 110.5
Income tax expense 17.0 29.7
Net income $ 63.9 $ 80.8
Earnings per share    
Basic (in dollars per share) $ 0.47 $ 0.57
Diluted (in dollars per share) $ 0.47 $ 0.57
Weighted-average shares outstanding    
Basic (in shares) 135.9 140.8
Diluted (in shares) 136.2 141.4
[1] Derived from the location of the entity that sells to a third party.