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Net Earnings Per Share (Tables)
6 Months Ended
Jun. 28, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
Information related to the calculation of net earnings per share of common stock is summarized as follows ($ and shares in millions, except per share amounts):
 
Three Months Ended
 
Six Months Ended
 
June 28, 2019
 
June 29, 2018
 
June 28, 2019
 
June 29, 2018
Numerator
 
 
 
 
 
 
 
Net earnings from continuing operations
$
175.3

 
$
250.2

 
$
339.3

 
$
464.2

Mandatory convertible preferred stock cumulative dividends
(17.2
)
 
(0.2
)
 
(34.5
)
 
(0.2
)
Net earnings attributable to common stockholders from continuing operations
$
158.1

 
$
250.0

 
$
304.8

 
$
464.0

 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
Weighted average common shares outstanding used in basic earnings per share
335.6

 
349.2

 
335.4

 
348.9

Incremental common shares from:
 
 
 
 
 
 
 
Assumed exercise of dilutive options and vesting of dilutive Stock Awards
4.1

 
5.6

 
4.4

 
5.7

Assumed conversion of outstanding mandatory convertible preferred stock

 
0.2

 

 
0.1

Weighted average common shares outstanding used in diluted earnings per share
339.7

 
355.0

 
339.8

 
354.7

 
 
 
 
 
 
 
 
Net earnings from continuing operations per common share - Basic
$
0.47

 
$
0.72

 
$
0.91

 
$
1.33

Net earnings from continuing operations per common share - Diluted
$
0.47

 
$
0.70

 
$
0.90

 
$
1.31


Dividends Declared
We declared and paid cash dividends per common share and per MCPS during the periods presented as follows:
 
Dividend Per
Common Share
 
Amount
($ in millions)
 
Dividend per MCPS
 
Amount
($ in millions)
2019:
 
 
 
 
 
 
 
First quarter
$
0.07

 
$
23.4

 
$
12.50

 
$
17.3

Second quarter
0.07

 
23.4

 
12.50

 
17.2

Total
$
0.14

 
$
46.8

 
$
25.00

 
$
34.5

 
 
 
 
 
 
 
 
2018:
 
 
 
 
 
 
 
First quarter
$
0.07

 
$
24.3

 
$

 
$

Second quarter
0.07

 
24.4

 

 

Total
$
0.14

 
$
48.7

 
$

 
$