CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Apr. 01, 2022
Cash flows from operating activities:
Net income	$ 462.2	$ 531.0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	145.0	140.6
Loss (gain) on sale or disposal of fixed assets	1.2	(16.6)
Loss on divestiture of business	1.1	0.0
Loss on debt prepayment	13.3	0.0
Amortization of debt discount and issuance costs	2.9	3.2
Share-based compensation	27.7	22.5
Non-cash asset impairment charges	12.7	6.7
Change in deferred tax balances	(1.5)	38.3
Other	(7.0)	0.5
Changes in assets and liabilities (exclusive of divestitures):
Receivables	(37.7)	(107.2)
Inventories	(198.1)	(116.7)
Other assets	54.8	(0.8)
Accounts payable	53.5	35.7
Accrued expenses and other current liabilities	(154.6)	(83.2)
Other long-term liabilities	33.4	24.6
Net cash provided by operating activities	408.9	478.6
Cash flows from investing activities:
Purchase of property, plant and equipment	(321.5)	(173.8)
Proceeds from sale of property, plant and equipment	1.7	36.7
Deposits utilized (made) for purchase of property, plant and equipment	(16.7)	1.6
Divestiture of business, net of cash transferred and deposits received	0.0	12.9
Purchase of available-for-sale securities	0.0	(7.8)
Proceeds from sale or maturity of available-for-sale securities	10.8	3.4
Payments related to acquisition of business, net of cash acquired	(236.3)	(2.4)
Net cash used in investing activities	(562.0)	(129.4)
Cash flows from financing activities:
Proceeds for the issuance of common stock under the ESPP	7.3	7.8
Payment of tax withholding for RSUs	(47.6)	(58.8)
Repurchase of common stock	(104.0)	0.0
Issuance and borrowings under debt agreements	1,470.0	0.0
Reimbursement of debt issuance and other financing costs	4.5	0.0
Payment of debt issuance and other financing costs	(4.8)	0.0
Repayment of borrowings under debt agreements	(1,213.7)	(4.1)
Payment for purchase of bond hedges	(414.0)	0.0
Proceeds from issuance of warrants	242.5	0.0
Payment of financing lease obligations	(3.6)	0.0
Dividend to non-controlling shareholder	0.0	(2.2)
Net cash used in financing activities	(63.4)	(57.3)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	0.1	(0.7)
Net (decrease) increase in cash, cash equivalents and restricted cash	(216.4)	291.2
Cash, cash equivalents and restricted cash, beginning of period	2,933.0	1,377.7
Cash, cash equivalents and restricted cash, end of period	$ 2,716.6	$ 1,668.9