Capital Stock and Earnings Per Share (Tables)

9 Months Ended

Sep. 29, 2023

Equity [Abstract]

Schedule of Earnings Per Share

Information related to the calculation of net earnings per share of common stock is summarized as follows:

	Three Months Ended				Nine Months Ended
(in millions, except per share amounts)	September 29, 2023		September 30, 2022		September 29, 2023		September 30, 2022
Numerator:
Net earnings	$	90.6	$	50.1	$	270.7	$	333.6
Denominator:
Basic weighted average common shares outstanding	154.8		158.2		155.3		161.5
Effect of dilutive stock options and RSUs	1.0		0.5		0.8		0.7
Diluted weighted average common shares outstanding	155.8		158.7		156.1		162.2
Earnings per share:
Basic	$	0.59	$	0.32	$	1.74	$	2.07
Diluted	$	0.58	$	0.32	$	1.73	$	2.06
Anti-dilutive shares	1.7		3.4		2.3		3.3