Stock-Based Compensation (Tables)

6 Months Ended

Jul. 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				Six Months Ended
	July 1, 2022		July 2, 2021		July 1, 2022		July 2, 2021
Stock Awards:
Pretax compensation expense	$	16.0	$	12.2	$	28.7	$	22.7
Income tax benefit	(3.0)		(1.9)		(4.7)		(3.8)
Stock Award expense, net of income taxes	13.0		10.3		24.0		18.9
Stock options:
Pretax compensation expense	9.1		8.0		16.3		14.1
Income tax benefit	(1.4)		(1.3)		(2.4)		(2.5)
Stock option expense, net of income taxes	7.7		6.7		13.9		11.6
Total stock-based compensation:
Pretax compensation expense	25.1		20.2		45.0		36.8
Income tax benefit	(4.4)		(3.2)		(7.1)		(6.3)
Total stock-based compensation expense, net of income taxes	$	20.7	$	17.0	$	37.9	$	30.5

Schedule of Future Compensation

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

Stock Awards	$	109.8
Stock options	61.9
Total unrecognized compensation cost	$	171.7