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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jul. 02, 2023
Jun. 30, 2024
Jul. 02, 2023
Income Statement [Abstract]        
Net sales $ 1,374.1 $ 1,424.7 $ 2,724.2 $ 2,808.0
Costs and expenses        
Cost of sales 781.5 806.3 1,551.7 1,597.0
Selling, general and administrative 296.5 313.0 592.7 613.4
Acquired intangible asset amortization 49.1 49.3 98.5 99.0
Total costs and expenses 1,127.1 1,168.6 2,242.9 2,309.4
Operating income (loss) 247.0 256.1 481.3 498.6
Interest and debt income (expense), net (15.8) (22.3) (28.5) (43.3)
Gain (loss) on debt extinguishment 0.0 1.6 0.0 1.6
Non-service retirement benefit income (expense), net 2.7 2.9 5.4 6.2
Other income (expense), net (2.2) (3.4) (1.0) (4.5)
Income (loss) before income taxes 231.7 234.9 457.2 458.6
Provision (benefit) for income taxes 51.4 49.4 97.8 94.3
Net income (loss) including noncontrolling interest 180.3 185.5 359.4 364.3
Less: Net income (loss) attributable to noncontrolling interest 0.1 0.2 0.7 0.3
Net income (loss) attributable to Teledyne $ 180.2 $ 185.3 $ 358.7 $ 364.0
Basic earnings per common share (in USD per share) $ 3.82 $ 3.94 $ 7.58 $ 7.74
Weighted average common shares outstanding (in shares) 47.2 47.0 47.3 47.0
Diluted earnings per common share (in USD per share) $ 3.77 $ 3.87 $ 7.49 $ 7.60
Weighted average diluted common shares outstanding (in shares) 47.8 47.9 47.9 47.9