NET EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2023

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
	March 31, 2023		April 1, 2022
Numerator
Net earnings	$	173.6	$	165.1
Convertible note interest add-back (if converted method)	—		1.8
Diluted Net Earnings	$	173.6	$	166.9
Denominator
Weighted average common shares outstanding used in basic earnings per share	353.6		359.3
Incremental common shares from:
Assumed exercise of dilutive options and vesting of dilutive Stock Awards	2.9		2.7
Conversion of convertible notes (if converted method)	—		6.4
Weighted average common shares outstanding used in diluted earnings per share	356.5		368.4
Net earnings per common share - Basic	$	0.49	$	0.46
Net earnings per common share - Diluted	$	0.49	$	0.45

Schedule of Dividends Declared

We declared and paid cash dividends per common share for the periods as presented below.

	Dividend Per Common Share		Amount ($ in millions)
2023:
First quarter	$	0.07	$	24.7
Total	$	0.07	$	24.7
2022:
First quarter	$	0.07	$	25.1
Total	$	0.07	$	25.1
* The sum of the components of total dividends paid may not equal the total amount due to rounding.