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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Income Statement [Abstract]        
Net sales $ 1,121.7 $ 981.1 $ 2,196.2 $ 1,991.1
Cost of sales 749.6 632.1 1,486.3 1,273.7
Gross profit 372.1 349.0 709.9 717.4
Operating expenses        
Distribution 29.5 24.1 53.9 45.8
Research and development 31.5 33.0 60.8 64.1
Selling 150.8 139.8 286.4 275.2
Administration 157.8 110.4 280.1 237.6
Impairment charges 0.0 158.6 0.0 158.6
Restructuring 9.5 9.0 13.1 10.7
Other operating expense (income), net (0.1) 0.0 0.8 0.0
Total operating expenses 379.0 474.9 695.1 792.0
Operating income (loss) (6.9) (125.9) 14.8 (74.6)
Interest expense, net 38.3 31.6 74.1 63.6
Other (income) expense, net 53.8 (0.4) 52.7 1.9
Loss on extinguishment of debt 9.3 0.0 9.3 0.0
Income (loss) from continuing operations before income taxes (108.3) (157.1) (121.3) (140.1)
Income tax expense (benefit) (43.4) (45.2) (55.1) (31.0)
Income (loss) from continuing operations (64.9) (111.9) (66.2) (109.1)
Income (loss) from discontinued operations, net of tax (0.2) 54.2 (1.4) 89.5
Net income (loss) $ (65.1) $ (57.7) $ (67.6) $ (19.6)
Basic        
Continuing operations (in dollars per share) $ (0.48) $ (0.84) $ (0.49) $ (0.82)
Discontinued operations (in dollars per share) 0 0.41 (0.01) 0.67
Basic earnings (loss) per share (in dollars per share) (0.48) (0.43) (0.50) (0.15)
Diluted        
Continuing operations (in dollars per share) (0.48) (0.84) (0.49) (0.82)
Discontinued operations (in dollars per share) 0 0.41 (0.01) 0.67
Diluted earnings (loss) per share (in dollars per share) $ (0.48) $ (0.43) $ (0.50) $ (0.15)
Weighted-average shares outstanding        
Basic (in shares) 134.6 133.6 134.3 133.4
Diluted (in shares) 134.6 133.6 134.3 133.4