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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information Quarterly Financial Data (Unaudited)
 Quarter Ended
December 31,
2020(1)
October 1,
2020(2)
July 2,
2020(3)
April 2,
2020(4)
Net revenues$876.6 $806.3 $644.6 $1,077.3 
Gross (loss) profit $(27.9)$(97.1)$(280.5)$(35.2)
Operating (loss) income$(101.4)$(176.9)$(367.0)$(167.5)
Net (loss) income$(295.9)$(155.5)$(255.9)$(163.0)
(Loss) earnings per share, basic$(2.85)$(1.50)$(2.46)$(1.57)
(Loss) earnings per share, diluted$(2.85)$(1.50)$(2.46)$(1.57)
Dividends declared per common share$0.01 $0.01 $0.01 $0.01 
 Quarter Ended
December 31,
2019(5)
September 26,
2019(6)
June 27,
2019(7)
March 28,
2019(8)
Net revenues$1,959.3 $1,919.9 $2,016.1 $1,967.8 
Gross profit$202.0 $272.3 $292.9 $309.5 
Operating income$95.7 $206.1 $226.0 $233.0 
Net income$67.7 $131.3 $168.0 $163.1 
Earnings per share, basic$0.65 $1.27 $1.62 $1.57 
Earnings per share, diluted$0.65 $1.26 $1.61 $1.55 
Dividends declared per common share$0.12 $0.12 $0.12 $0.12 
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(1)    Fourth quarter 2020 earnings include the impact of net unfavorable changes in estimate of $400.7, restructuring costs of $4.6, deferred tax allowance of $150.2, and excess capacity costs and temporary workforce costs net of government subsidies of $50.1 and ($0.1), respectively.
(2)     Third quarter 2020 earnings include the impact of net unfavorable changes in estimate of $123.8, restructuring costs of $19.5, and excess capacity costs and temporary workforce costs net of government subsidies of $72.6 and $(10.9), respectively.
(3)    Second quarter 2020 earnings include the impact of net unfavorable changes in estimate of $231.8, restructuring costs of $6.3, loss on disposal of assets of $22.9, and excess capacity costs and temporary workforce costs net of government subsidies of $82.8 and $19.3, respectively.
(4)    First quarter 2020 earnings include the impact of net unfavorable changes in estimate of $27.9, restructuring costs of $42.6, and excess capacity costs and temporary workforce costs net of government subsidies of $73.4 and $25.4, respectively.
(5)     Fourth quarter 2019 earnings include the impact of net unfavorable changes in estimate of $55.2.
(6)    Third quarter 2019 earnings include the impact of net unfavorable changes in estimate of $41.8.
(7)    Second quarter 2019 earnings include the impact of net unfavorable changes in estimate of $10.9.
(8)    First quarter 2019 earnings include the impact of net favorable changes in estimate of $0.5.