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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Sep. 30, 2023
Oct. 01, 2022
Income Statement [Abstract]        
Net sales $ 1,123.8 $ 1,100.2 $ 3,498.7 $ 3,296.3
Cost of sales 712.6 737.3 2,245.6 2,223.5
Gross profit 411.2 362.9 1,253.1 1,072.8
Operating expenses        
Distribution 27.8 30.6 85.0 84.5
Research and development 29.6 29.8 92.9 90.5
Selling 150.2 144.5 489.2 431.0
Administration 126.0 105.9 393.6 386.0
Restructuring 15.5 19.1 25.7 32.2
Other operating (income) expense, net 0.0 (0.1) (0.8) 0.7
Total operating expenses 349.1 329.8 1,085.6 1,024.9
Operating income 62.1 33.1 167.5 47.9
Interest expense, net 43.5 41.0 131.1 115.1
Other (income) expense, net (0.6) (4.0) (9.6) 48.7
(Gain) loss on extinguishment of debt 0.0 (0.4) 0.0 8.9
Income (loss) from continuing operations before income taxes 19.2 (3.5) 46.0 (124.8)
Income tax expense (benefit) 3.8 48.6 22.7 (6.6)
Income (loss) from continuing operations 15.4 (52.1) 23.3 (118.2)
Income (loss) from discontinued operations, net of tax (1.2) 2.7 (3.7) 1.3
Net income (loss) $ 14.2 $ (49.4) $ 19.6 $ (116.9)
Basic        
Continuing operations (in dollars per share) $ 0.11 $ (0.39) $ 0.17 $ (0.88)
Discontinued operations (in dollars per share) (0.01) 0.02 (0.03) 0.01
Basic earnings (loss) per share (in dollars per share) 0.10 (0.37) 0.14 (0.87)
Diluted        
Continuing operations (in dollars per share) 0.11 (0.39) 0.17 (0.88)
Discontinued operations (in dollars per share) (0.01) 0.02 (0.03) 0.01
Diluted earnings (loss) per share (in dollars per share) $ 0.10 $ (0.37) $ 0.14 $ (0.87)
Weighted-average shares outstanding        
Basic (in shares) 135.5 134.6 135.2 134.4
Diluted (in shares) 136.9 134.6 136.6 134.4