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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Oct. 02, 2022
Oct. 03, 2021
Oct. 02, 2022
Oct. 03, 2021
Income Statement [Abstract]        
Net sales $ 1,363.6 $ 1,311.9 $ 4,040.4 $ 3,238.6
Costs and expenses        
Cost of sales 785.8 787.7 2,327.0 1,943.3
Selling, general and administrative expenses 283.7 279.3 861.4 768.2
Acquired intangible asset amortization 48.9 55.3 153.8 97.9
Total costs and expenses 1,118.4 1,122.3 3,342.2 2,809.4
Operating income 245.2 189.6 698.2 429.2
Interest and debt expense, net (22.0) (23.8) (66.8) (67.3)
Gain (loss) on debt extinguishment 0.0 0.0 10.6 (13.4)
Non-service retirement benefit income 2.9 2.8 8.6 8.4
Other income (expense), net 5.2 (0.7) 5.2 4.4
Income before income taxes 231.3 167.9 655.8 361.3
Provision for income taxes 53.1 33.8 93.7 77.8
Net income including noncontrolling interest 178.2 134.1 562.1 283.5
Less: Net income (loss) attributable to noncontrolling interest (0.1) 0.0 (0.1) 0.0
Net income attributable to Teledyne $ 178.3 $ 134.1 $ 562.2 $ 283.5
Basic earnings per common share (in USD per share) $ 3.81 $ 2.88 $ 12.01 $ 6.75
Weighted average common shares outstanding (in shares) 46.8 46.6 46.8 42.0
Diluted earnings per common share (in USD per share) $ 3.74 $ 2.81 $ 11.79 $ 6.58
Weighted average diluted common shares outstanding (in shares) 47.7 47.7 47.7 43.1