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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Income Statement [Abstract]    
Net sales [1] $ 1,341.0 $ 1,174.5
Cost of sales 857.8 725.7
Gross profit 483.2 448.8
Operating expenses    
Distribution 24.2 23.3
Research and development 41.9 40.2
Selling 147.7 148.6
Administration 122.6 125.1
Impairment charges 0.0 4.1
Restructuring 0.0 9.3
Other operating expense (income) 1.1 (4.1)
Total operating expenses 337.5 346.5
Operating income 145.7 102.3
Change in financial assets (1.6) (10.4)
Interest expense, net 30.2 28.6
Other (income) expense, net 2.4 3.2
Income before income taxes 114.7 80.9
Income tax expense 8.3 17.0
Net income $ 106.4 $ 63.9
Earnings per share    
Basic (in dollars per share) $ 0.78 $ 0.47
Diluted (in dollars per share) $ 0.77 $ 0.47
Weighted-average shares outstanding    
Basic (in shares) 136.2 135.9
Diluted (in shares) 137.3 136.2
[1] Derived from the location of the entity that sells to a third party.