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Condensed Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Income Statement [Abstract]        
Net Sales $ 1,443.9 $ 1,702.3 $ 2,808.9 $ 3,445.9
Cost of Sales 1,052.9 1,230.0 2,044.3 2,468.0
Selling, General and Administrative Expense 181.8 215.1 385.5 426.4
Research and Development Expense 43.0 48.9 88.8 97.6
Restructuring, Exit and Impairment Charges 7.9 13.9 21.4 23.4
Operating Earnings 158.3 194.4 268.9 430.5
Equity Earnings 2.9 2.2 5.4 4.4
Other Income (Expense), Net (0.8) 1.8 (0.8) 0.9
Earnings Before Interest and Income Taxes 160.4 198.4 273.5 435.8
Interest Expense (32.6) (28.8) (61.2) (57.0)
Interest Income 4.7 2.0 7.2 4.2
Earnings Before Income Taxes 132.5 171.6 219.5 383.0
Income Tax Provision 27.7 36.3 46.3 135.3
Net Earnings from Continuing Operations 104.8 135.3 173.2 247.7
Discontinued operations:        
Net Loss From Discontinued Operations, Net of Tax (4.8) (0.6) (5.2) (0.7)
Net Earnings (Loss) $ 100.0 $ 134.7 $ 168.0 $ 247.0
Basic        
Earnings from Continuing Operations $ 1.55 $ 1.91 $ 2.55 $ 3.48
Loss from Discontinued Operations (0.07) (0.01) (0.08) (0.01)
Net Earnings (Loss) 1.48 1.90 2.47 3.47
Diluted        
Earnings from Continuing Operations 1.55 1.91 2.54 3.47
Loss from Discontinued Operations (0.07) (0.01) (0.07) (0.01)
Net Earnings (Loss) $ 1.48 $ 1.90 $ 2.47 $ 3.46
Weighted Average Shares Used for Computation of [Abstract]        
Basic Earnings (Loss) Per Common Share 67.6 70.8 67.9 71.1
Diluted Earnings (Loss) per Common Share 67.6 70.9 68.1 71.4
Comprehensive Income (loss) $ 93.6 $ 131.8 $ 151.1 $ 247.7
Cash Dividends Declared Per Common Share (in Dollars per Share)   $ 0.40