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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 27, 2015
Jun. 30, 2016
Jun. 27, 2015
Net sales $ 1,733.3 $ 1,661.2 $ 3,308.8 $ 3,136.2
Cost of goods sold 1,134.1 1,095.0 2,174.2 2,059.8
Gross profit 599.2 566.2 1,134.6 1,076.4
Selling, general and administrative 348.4 319.3 680.0 628.5
Research and development 33.9 29.0 67.1 58.8
Operating income 216.9 217.9 387.5 389.1
Other (income) expense:        
Equity income of unconsolidated subsidiaries (1.0) (0.6) (1.9) (1.1)
Net interest expense 35.5 18.6 71.9 36.8
Income from continuing operations before income taxes 182.4 199.9 317.5 353.4
Provision for income taxes 39.6 46.0 67.3 81.3
Net income from continuing operations 142.8 153.9 250.2 272.1
Loss from discontinued operations, net of tax 0.0 (1.3) 0.0 (5.6)
Discontinued Operation, Provision for Loss (Gain) on Disposal, Net of Tax 0.0 4.8 0.0 4.8
Net income 142.8 147.8 250.2 261.7
Comprehensive income (loss), net of tax        
Net income 142.8 147.8 250.2 261.7
Changes in cumulative translation adjustment (25.8) 21.6 2.2 (152.6)
Changes in market value of derivative financial instruments, net of $0.0, $0.3, ($0.5), and $0.4, respectively 10.9 (0.8) (3.8) (0.9)
Comprehensive income $ 127.9 $ 168.6 $ 248.6 $ 108.2
Earnings (loss) per ordinary share        
Income (Loss) from Continuing Operations, Per Basic Share $ 0.79 $ 0.85 $ 1.38 $ 1.51
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0.00 (0.03) 0.00 (0.06)
Basic (USD per share) 0.79 0.82 1.38 1.45
Income (Loss) from Continuing Operations, Per Diluted Share 0.78 0.84 1.37 1.49
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share 0.00 (0.03) 0.00 (0.06)
Diluted (USD per share) $ 0.78 $ 0.81 $ 1.37 $ 1.43
Weighted average ordinary shares outstanding        
Basic (shares) 180.9 179.8 180.8 180.1
Diluted (shares) 183.0 182.3 182.8 182.6
Common Stock, Dividends, Per Share, Cash Paid $ 0.33 $ 0.32 $ 0.66 $ 0.64