NET EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 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				Six Months Ended
	June 30, 2023		July 1, 2022		June 30, 2023		July 1, 2022
Numerator
Net earnings	$	209.0	$	173.0	$	382.6	$	338.1
Convertible note interest add-back (if converted method)	—		—		—		1.8
Diluted Net Earnings	$	209.0	$	173.0	$	382.6	$	339.9
Denominator
Weighted average common shares outstanding used in basic earnings per share	353.0		357.4		353.3		358.3
Incremental common shares from:
Assumed exercise of dilutive options and vesting of dilutive Stock Awards	2.5		2.4		2.7		2.7
Conversion of convertible notes (if converted method)	—		—		—		3.2
Weighted average common shares outstanding used in diluted earnings per share	355.5		359.8		356.0		364.2
Net earnings per common share - Basic	$	0.59	$	0.48	$	1.08	$	0.94
Net earnings per common share - Diluted	$	0.59	$	0.48	$	1.07	$	0.93

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
Second quarter	0.07		24.6
Total	$	0.14	$	49.3
2022:
First quarter	$	0.07	$	25.1
Second quarter	0.07		24.9
Total	$	0.14	$	50.0
* The sum of the components of total dividends paid may not equal the total amount due to rounding.