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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Income Statement [Abstract]        
Net sales $ 1,193.1 $ 1,121.7 $ 2,374.8 $ 2,196.2
Cost of sales 765.1 749.6 1,532.9 1,486.3
Gross profit 428.0 372.1 841.9 709.9
Operating expenses        
Distribution 28.6 29.5 57.2 53.9
Research and development 32.2 31.5 63.3 60.8
Selling 171.1 150.8 339.0 286.4
Administration 132.6 157.8 267.6 280.1
Restructuring 6.7 9.5 10.2 13.1
Other operating (income) expense, net 0.0 (0.1) (0.8) 0.8
Total operating expenses 371.2 379.0 736.5 695.1
Operating income (loss) 56.8 (6.9) 105.4 14.8
Interest expense, net 44.0 38.3 87.6 74.1
Other (income) expense, net (9.7) 53.8 (9.0) 52.7
Loss on extinguishment of debt 0.0 9.3 0.0 9.3
Income (loss) from continuing operations before income taxes 22.5 (108.3) 26.8 (121.3)
Income tax expense (benefit) 13.6 (43.4) 19.0 (55.1)
Income (loss) from continuing operations 8.9 (64.9) 7.8 (66.2)
Income (loss) from discontinued operations, net of tax (0.5) (0.2) (2.4) (1.4)
Net income (loss) $ 8.4 $ (65.1) $ 5.4 $ (67.6)
Basic        
Continuing operations (in dollars per share) $ 0.07 $ (0.48) $ 0.06 $ (0.49)
Discontinued operations (in dollars per share) 0 0 (0.02) (0.01)
Basic earnings (loss) per share (in dollars per share) 0.06 (0.48) 0.04 (0.50)
Diluted        
Continuing operations (in dollars per share) 0.06 (0.48) 0.06 (0.49)
Discontinued operations (in dollars per share) 0 0 (0.02) (0.01)
Diluted earnings (loss) per share (in dollars per share) $ 0.06 $ (0.48) $ 0.04 $ (0.50)
Weighted-average shares outstanding        
Basic (in shares) 135.3 134.6 135.1 134.3
Diluted (in shares) 136.6 134.6 136.5 134.3