Business Segment Information (Tables)

6 Months Ended

May 28, 2023

Segment Reporting [Abstract]

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

Business segment information for the Company is as follows: 

	Three Months Ended				Six Months Ended
	May 28, 2023		May 29, 2022		May 28, 2023		May 29, 2022
	(Dollars in millions)
Net revenues:
Americas	$	608.9	$	776.1	$	1,431.9	$	1,541.9
Europe	361.3		367.1		816.4		836.5
Asia	261.7		221.8		551.2		480.3
Total segment net revenues	1,231.9		1,365.0		2,799.5		2,858.7
Other Brands	104.9		106.1		226.2		204.0
Total net revenues	$	1,336.8	$	1,471.1	$	3,025.7	$	3,062.7
Income before income taxes:
Americas	$	53.2	$	158.7	$	187.7	$	336.5
Europe	54.8		66.6		172.3		203.4
Asia	32.1		19.1		85.8		62.7
Total segment operating income	140.1		244.4		445.8		602.6
Other Brands	(2.0)		4.0		1.4		13.6
Restructuring charges, net	(6.5)		(0.2)		(17.8)		1.8
Corporate expenses	(121.7)		(172.0)		(262.1)		(307.6)
Interest expense	(13.2)		(4.4)		(23.9)		(8.6)
Other (expense) income, net	(3.9)		6.0		(11.4)		21.9
Income before income taxes	$	(7.2)	$	77.8	$	132.0	$	323.7