NET EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 28, 2024

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

Information related to the calculation of net earnings per share of common stock is summarized as follows ($ and shares in millions, except per share amounts):

	Three Months Ended				Six Months Ended
	June 28, 2024		June 30, 2023		June 28, 2024		June 30, 2023
Numerator
Net earnings	$	195.1	$	209.0	$	402.5	$	382.6
Denominator
Weighted average common shares outstanding used in basic earnings per share	351.3		353.0		351.5		353.3
Incremental common shares from:
Assumed exercise of dilutive options and vesting of dilutive Stock Awards	3.5		2.5		3.9		2.7
Weighted average common shares outstanding used in diluted earnings per share	354.8		355.5		355.4		356.0
Net earnings per common share - Basic	$	0.56	$	0.59	$	1.15	$	1.08
Net earnings per common share - Diluted	$	0.55	$	0.59	$	1.13	$	1.07

Schedule of Dividends Declared

We declared and paid cash dividends per common share for the periods as presented below:

	Dividend Per Common Share		Amount ($ in millions)
2024:
First quarter	$	0.08	$	28.1
Second quarter	0.08		28.0
Total	$	0.16	$	56.1
2023:
First quarter	$	0.07	$	24.7
Second quarter	0.07		24.6
Total	$	0.14	$	49.3