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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Sep. 28, 2019
Sep. 29, 2018
Income Statement [Abstract]        
Net sales [1] $ 1,191.1 $ 1,133.1 $ 3,514.6 $ 3,536.5
Cost of sales 778.3 708.3 2,222.1 2,148.0
Gross profit 412.8 424.8 1,292.5 1,388.5
Operating expenses        
Distribution 23.4 22.5 70.5 71.0
Research and development 44.0 43.7 128.0 174.0
Selling 134.1 134.7 422.8 451.2
Administration 131.9 105.6 384.2 310.0
Impairment charges 10.9 221.8 42.9 223.5
Restructuring 5.2 18.0 26.7 23.2
Other operating expense 8.9 0.5 5.7 6.6
Total operating expenses 358.4 546.8 1,080.8 1,259.5
Operating income (loss) 54.4 (122.0) 211.7 129.0
Change in financial assets (2.6) (74.9) (18.5) (65.9)
Interest expense, net 30.5 31.7 90.4 95.2
Other (income) expense, net (71.0) 0.2 (65.6) 12.3
Loss on extinguishment of debt 0.2 0.0 0.2 0.5
Income (loss) before income taxes 97.3 (79.0) 205.2 86.9
Income tax expense (benefit) 5.1 (11.5) 40.1 37.3
Net income (loss) $ 92.2 $ (67.5) $ 165.1 $ 49.6
Earnings (loss) per share        
Basic (in dollars per share) $ 0.68 $ (0.49) $ 1.21 $ 0.36
Diluted (in dollars per share) $ 0.67 $ (0.49) $ 1.21 $ 0.36
Weighted-average shares outstanding        
Basic (in shares) 136.0 137.4 136.0 138.5
Diluted (in shares) 136.8 137.4 136.4 139.0
[1] Derived from the location of the entity that sells to a third party.