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EARNINGS PER SHARE (Tables)
9 Months Ended
Oct. 01, 2022
Earnings Per Share [Abstract]  
Reconciliation of Net Earnings Attributable to Common Shareowners and Weighted-Average Shares Outstanding used to Calculate Basic and Diluted Earnings per Share
The following table reconciles net earnings attributable to common shareowners and the weighted-average shares outstanding used to calculate basic and diluted earnings per share for the three and nine months ended October 1, 2022 and October 2, 2021:
Third QuarterYear-to-Date
2022202120222021
Numerator (in millions):
Net Earnings from Continuing Operations Attributable to Common Shareowners$36.6 $379.6 $270.7 $1,259.1 
Add: Contract adjustment payments accretion0.3 0.4 1.0 0.9 
Net Earnings from Continuing Operations Attributable to Common Shareowners - Diluted$36.9 $380.0 $271.7 $1,260.0 
Net earnings from discontinued operations808.0 34.6 836.8 87.8 
Net Earnings Attributable to Common Shareowners - Diluted$844.9 $414.6 $1,108.5 $1,347.8 
Third QuarterYear-to-Date
2022202120222021
Denominator (in thousands):
Basic weighted-average shares outstanding144,379 159,444 148,384 158,494 
Dilutive effect of stock contracts and awards9,221 5,892 9,582 6,406 
Diluted weighted-average shares outstanding153,600 165,336 157,966 164,900 
Third QuarterYear-to-Date
2022202120222021
Earnings per share of common stock:
Basic earnings per share of common stock:
Continuing operations$0.25 $2.38 $1.82 $7.94 
Discontinued operations$5.60 $0.22 $5.64 $0.55 
Total basic earnings per share of common stock$5.85 $2.60 $7.46 $8.50 
Diluted earnings per share of common stock:
Continuing operations$0.24 $2.30 $1.72 $7.64 
Discontinued operations$5.26 $0.21 $5.30 $0.53 
Total dilutive earnings per share of common stock$5.50 $2.51 $7.02 $8.17 
Weighted-Average Stock Options and Warrants Outstanding Not included in Computation of Diluted Shares Outstanding
The following weighted-average stock options were not included in the computation of weighted-average diluted shares outstanding because the effect would be anti-dilutive (in thousands):
Third QuarterYear-to-Date
2022202120222021
Number of stock options4,627 1,042 3,780 948