Stock-Based Compensation (Tables)

3 Months Ended

Apr. 01, 2022

Share-based Payment Arrangement [Abstract]

Schedule of Stock-Based Compensation Costs

The following summarizes the components of our stock-based compensation expense under the Stock Plan ($ in millions):

	Three Months Ended
	April 1, 2022		April 2, 2021
Stock Awards:
Pretax compensation expense	$	12.7	$	10.5
Income tax benefit	(1.7)		(1.9)
Stock Award expense, net of income taxes	11.0		8.6
Stock options:
Pretax compensation expense	7.2		6.1
Income tax benefit	(1.0)		(1.2)
Stock option expense, net of income taxes	6.2		4.9
Total stock-based compensation:
Pretax compensation expense	19.9		16.6
Income tax benefit	(2.7)		(3.1)
Total stock-based compensation expense, net of income taxes	$	17.2	$	13.5

Schedule of Future Compensation

Future compensation amounts will be adjusted for any changes in estimated forfeitures ($ in millions):

Stock Awards	$	125.1
Stock options	72.1
Total unrecognized compensation cost	$	197.2