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Consolidated and Combined Condensed Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jul. 01, 2016
Jun. 30, 2017
Jul. 01, 2016
Income Statement [Abstract]        
Sales $ 1,628.8 $ 1,555.1 $ 3,164.0 $ 3,029.8
Cost of sales (823.7) (787.0) (1,614.9) (1,566.5)
Gross profit 805.1 768.1 1,549.1 1,463.3
Operating costs:        
Selling, general and administrative expenses (357.7) (349.3) (710.6) (687.8)
Research and development expenses (99.1) (96.7) (195.3) (190.4)
Operating profit 348.3 322.1 643.2 585.1
Non-operating expense:        
Interest expense (22.7) (2.7) (45.3) (2.7)
Earnings before income taxes 325.6 319.4 597.9 582.4
Income taxes (85.5) (80.5) (158.1) (161.5)
Net earnings $ 240.1 $ 238.9 $ 439.8 $ 420.9
Net earnings per share:        
Basic (in dollars per share) $ 0.69 $ 0.69 $ 1.27 $ 1.22
Diluted (in dollars per share) $ 0.68 $ 0.69 $ 1.25 $ 1.22
Average common stock and common equivalent shares outstanding:        
Basic (in shares) 347.2 345.2 347.1 345.2
Diluted (in shares) 352.2 345.2 351.8 345.2