CAPITAL STOCK

6 Months Ended

Jul. 01, 2023

Equity [Abstract]

CAPITAL STOCK

CAPITAL STOCK

On October 30, 2019, the Board of Directors approved an indefinite term $500 open-market share repurchase program (the 2019 Plan). During the six months ended July 1, 2023 and July 2, 2022, the Company repurchased and retired 0.7 and 3.0 shares of common stock for $60.5 and $240.9, respectively.

Separate from the open-market share repurchase program, the Company withholds shares of common stock in settlement of employee tax withholding obligations due upon the vesting of equity-based compensation awards. During the six months ended July 1, 2023 and July 2, 2022, the Company withheld 0.1 and 0.1 shares of common stock for $6.4 and $8.5, respectively.