Capitalization and Earnings Per Share (Tables)

6 Months Ended

Jul. 01, 2022

Equity [Abstract]

Schedule of Earnings Per Share

Information related to the calculation of net earnings per share of common stock is summarized as follows:

	Three Months Ended				Six Months Ended
($ and shares in millions, except per share amounts)	July 1, 2022		July 2, 2021		July 1, 2022		July 2, 2021
Numerator:
Net earnings	$	33.3	$	82.3	$	283.5	$	173.3
Denominator:
Basic weighted average common shares outstanding	160.5		169.0		163.2		168.8
Effect of dilutive stock options and RSUs	0.7		1.1		0.7		1.0
Diluted weighted average common shares outstanding	161.2		170.1		163.9		169.8
Earnings per share:
Basic	$	0.21	$	0.49	$	1.74	$	1.03
Diluted	$	0.21	$	0.48	$	1.73	$	1.02
Anti-dilutive shares	3.2		2.8		3.3		2.9