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Consolidated and Condensed Statements of Earnings and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Apr. 01, 2022
Income Statement [Abstract]    
Sales $ 776.4 $ 748.1
Cost of sales (423.4) (412.8)
Gross profit 353.0 335.3
Operating costs:    
Selling, general and administrative expenses (178.2) (166.0)
Research and development expenses (41.0) (34.5)
Operating profit 133.8 134.8
Non-operating income (expense), net:    
Interest expense, net (24.0) (12.9)
Gain on previously held equity interests from combination of business 0.0 32.7
Unrealized gain on equity securities measured at fair value 0.0 163.0
Other non-operating expense, net (0.9) (0.1)
Earnings before income taxes 108.9 317.5
Provision for income taxes (26.1) (67.3)
Net earnings $ 82.8 $ 250.2
Net earnings per share:    
Basic (in dollars per share) $ 0.53 $ 1.51
Diluted (in dollars per share) $ 0.53 $ 1.50
Weighted average shares outstanding:    
Basic (in shares) 155.7 165.9
Diluted (in shares) 156.1 166.5
Net earnings $ 82.8 $ 250.2
Other comprehensive income (loss), net of income taxes:    
Foreign currency translation adjustments (3.8) (15.1)
Other adjustments 0.1 0.1
Total other comprehensive loss, net of income taxes (3.7) (15.0)
Comprehensive income $ 79.1 $ 235.2