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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Jun. 29, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net sales [1] $ 1,149.0 $ 1,186.4 $ 2,323.5 $ 2,403.4
Cost of sales 718.2 715.4 1,443.9 1,439.7
Gross profit 430.8 471.0 879.6 963.7
Operating expenses        
Distribution 23.7 23.8 47.1 48.5
Research and development 43.9 91.9 84.0 130.3
Selling 140.1 155.2 288.7 316.5
Administration 127.2 96.8 252.3 204.5
Impairment charges 27.8 1.7 31.9 1.7
Restructuring 12.2 3.7 21.5 5.2
Other operating expense (income) 0.9 3.2 (3.2) 6.1
Total operating expenses 375.8 376.3 722.3 712.8
Operating income 55.0 94.7 157.3 250.9
Change in financial assets (5.5) (0.6) (15.9) 9.0
Interest expense, net 31.2 32.1 59.8 63.5
Other (income) expense, net 2.3 7.9 5.5 12.1
Loss on extinguishment of debt 0.0 0.0 0.0 0.5
Income before income taxes 27.0 55.3 107.9 165.8
Income tax expense 18.0 19.1 35.0 48.8
Net income $ 9.0 $ 36.2 $ 72.9 $ 117.0
Earnings per share        
Basic (in dollars per share) $ 0.07 $ 0.26 $ 0.54 $ 0.84
Diluted (in dollars per share) $ 0.07 $ 0.26 $ 0.54 $ 0.84
Weighted-average shares outstanding        
Basic (in shares) 136.0 138.1 136.0 139.5
Diluted (in shares) 136.5 138.7 136.3 140.0
[1] Derived from the location of the entity that sells to a third party.