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Consolidated Condensed Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 27, 2020
Mar. 29, 2019
Sales $ 1,713.5 $ 1,592.9
Cost of sales (837.7) (780.2)
Gross profit 875.8 812.7
Operating costs:    
Selling, general and administrative expenses (557.2) (486.4)
Research and development expenses (113.7) (109.0)
Impairment of goodwill (85.3) 0.0
Operating profit 119.6 217.3
Non-operating expenses, net:    
Interest expense, net (43.6) (25.3)
Other non-operating expenses, net (4.6) 0.4
Earnings from continuing operations before income taxes 71.4 192.4
Income taxes (29.1) (28.4)
Net earnings from continuing operations 42.3 164.0
Earnings (loss) from discontinued operations, net of income taxes (0.4) 0.4
Net earnings 41.9 164.4
Mandatory convertible preferred dividends (17.3) (17.3)
Net earnings attributable to common stockholders $ 24.6 $ 147.1
Net earnings per common share from continuing operations:    
Net earnings per common share from continuing operations - basic (in dollars per share) $ 0.07 $ 0.44
Net earnings per common share from continuing operations - diluted (in dollars per share) 0.07 0.43
Net earnings per share from discontinued operations:    
Net earnings per share from discontinued operations - basic (in dollars per share) 0 0
Net earnings per share from discontinued operations - diluted (in dollars per share) 0 0
Net earnings per share:    
Net earnings per share - Basic (in dollars per share) 0.07 0.44
Net earnings per share - Diluted (in dollars per share) $ 0.07 $ 0.43
Average common stock and common equivalent shares outstanding:    
Weighted average common shares outstanding used in basic earnings per share (in shares) 336.8 335.1
Weighted average common shares outstanding used in diluted earnings per share (in shares) 340.0 339.5
Products    
Sales $ 1,487.8 $ 1,405.1
Cost of sales (692.5) (647.9)
Services    
Sales 225.7 187.8
Cost of sales $ (145.2) $ (132.3)