XML 14 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Apr. 02, 2015
Revenues [Abstract]    
Net revenues $ 1,681.6 $ 1,742.2
Operating costs and expenses    
Cost of sales 1,359.0 1,448.3
Selling, general and administrative 50.0 51.6
Research and development 6.1 7.0
Total operating costs and expenses 1,415.1 1,506.9
Operating income 266.5 235.3
Interest expense and financing fee amortization (11.4) (17.9)
Other expense, net 2.2 6.4
Income before income taxes and equity in net income of affiliate 252.9 211.0
Income tax provision (81.9) (29.4)
Income before equity in net income of affiliate 171.0 181.6
Equity in net income of affiliate 0.6 0.3
Net income $ 171.6 $ 181.9
Earnings per share    
Basic (in dollars per share) $ 1.30 $ 1.31
Diluted (in dollars per share) $ 1.29 $ 1.30