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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 28, 2015
Mar. 29, 2014
Net sales $ 581.8us-gaap_SalesRevenueNet $ 663.2us-gaap_SalesRevenueNet
Cost of products sold 191.6us-gaap_CostOfGoodsSold 221.6us-gaap_CostOfGoodsSold
Gross margin 390.2us-gaap_GrossProfit 441.6us-gaap_GrossProfit
Delivery, sales and administrative expense 313.4us-gaap_SellingGeneralAndAdministrativeExpense 344.5us-gaap_SellingGeneralAndAdministrativeExpense
Re-engineering and impairment charges 16.2us-gaap_RestructuringSettlementAndImpairmentProvisions [1] 2.3us-gaap_RestructuringSettlementAndImpairmentProvisions [1]
Gains on disposal of assets 0.6us-gaap_GainLossOnDispositionOfAssets1 1.8us-gaap_GainLossOnDispositionOfAssets1
Operating income 61.2us-gaap_OperatingIncomeLoss 96.6us-gaap_OperatingIncomeLoss
Interest income 0.5us-gaap_InvestmentIncomeInterest 0.7us-gaap_InvestmentIncomeInterest
Interest expense 13.3us-gaap_InterestExpense 12.4us-gaap_InterestExpense
Other expense 7.2us-gaap_OtherNonoperatingIncomeExpense 14.1us-gaap_OtherNonoperatingIncomeExpense
Income before income taxes 41.2us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 70.8us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Provision for income taxes 11.7us-gaap_IncomeTaxExpenseBenefit 18.6us-gaap_IncomeTaxExpenseBenefit
Net income $ 29.5us-gaap_NetIncomeLoss $ 52.2us-gaap_NetIncomeLoss
Earnings per share:    
Basic $ 0.59us-gaap_EarningsPerShareBasic $ 1.04us-gaap_EarningsPerShareBasic
Diluted $ 0.59us-gaap_EarningsPerShareDiluted $ 1.02us-gaap_EarningsPerShareDiluted
Weighted-average shares outstanding:    
Basic 49.7us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 50.2us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 50.3us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 51.1us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Dividends declared per common share $ 0.68us-gaap_CommonStockDividendsPerShareDeclared $ 0.68us-gaap_CommonStockDividendsPerShareDeclared
[1] (a)See Note 7 to the unaudited Consolidated Financial Statements for a discussion of re-engineering and impairment charges.