XML 44 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jul. 04, 2015
Jun. 28, 2014
Jul. 04, 2015
Jun. 28, 2014
Net Sales $ 2,866.9 $ 2,860.1 $ 5,496.9 $ 5,477.2
Costs and Expenses        
Cost of sales 1,809.7 1,811.5 3,466.1 3,472.2
Selling, general and administrative 631.5 649.0 1,245.2 1,286.0
Provision for doubtful accounts 13.0 6.9 22.3 10.5
Other-net 50.5 57.3 114.2 118.2
Restructuring charges 5.0 (1.7) 29.9 (5.4)
Interest expense 46.2 43.3 90.6 87.4
Interest income (3.0) (3.0) (6.7) (6.4)
Costs and Expenses, Total 2,552.9 2,563.3 4,961.6 4,962.5
Earnings from continuing operations before income taxes 314.0 296.8 535.3 514.7
Income taxes on continuing operations 78.5 74.1 133.8 122.1
Earnings from continuing operations 235.5 222.7 401.5 392.6
Income (Loss) from Continuing Operations Attributable to Noncontrolling Interest (0.2) 0.9 (1.0) 1.1
Net earnings from continuing operations attributable to common shareowners 235.7 221.8 402.5 391.5
Net (loss) earnings from discontinued operations (8.5) (5.3) (13.0) (13.1)
Net Earnings Attributable to Common Shareowners 227.2 216.5 389.5 378.4
Total Comprehensive (Loss) Income Attributable to Common Shareowners $ 299.4 $ 207.8 $ 204.4 $ 374.5
Basic earnings per share of common stock:        
Continuing operations (in dollars per share) $ 1.59 $ 1.42 $ 2.68 $ 2.51
Discontinued operations (in dollars per share) (0.06) (0.03) (0.09) (0.08)
Total basic earnings per share of common stock 1.53 1.38 2.59 2.42
Diluted earnings per share of common stock:        
Continuing operations (in dollars per share) 1.54 1.39 2.60 2.46
Discontinued operations (in dollars per share) (0.06) (0.03) (0.08) (0.08)
Total diluted earnings per share of common stock 1.49 1.36 2.51 2.37
Dividends per shares of common stock $ 0.52 $ 0.50 $ 1.04 $ 1.00
Weighted Average Shares Outstanding (in thousands):        
Basic (in shares) 148,059 156,316 150,339 156,097
Diluted (in shares) 152,663 159,666 154,881 159,354