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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 01, 2016
Jul. 03, 2015
Jul. 01, 2016
Jul. 03, 2015
Net sales $ 1,955.7 $ 1,480.4 $ 3,771.9 $ 2,865.5
Cost of goods sold 1,562.3 1,151.5 3,007.7 2,227.3
Gross profit 393.4 328.9 764.2 638.2
Operating expenses 336.7 264.4 647.2 514.4
Operating income 56.7 64.5 117.0 123.8
Other expense:        
Interest expense (19.8) (12.7) (39.9) (26.9)
Other, net (0.8) (3.5) (3.6) (7.5)
Income from continuing operations before income taxes 36.1 48.3 73.5 89.4
Income tax expense from continuing operations 15.3 18.8 29.5 33.4
Net income from continuing operations 20.8 29.5 44.0 56.0
(Loss) income from discontinued operations before income taxes (0.5) 46.5 (1.2) 57.7
Income tax (benefit) expense from discontinued operations (0.2) 4.6 (0.5) 23.2
Net (loss) income from discontinued operations (0.3) 41.9 (0.7) 34.5
Net income $ 20.5 $ 71.4 $ 43.3 $ 90.5
Basic:        
Continuing operations $ 0.62 $ 0.89 $ 1.32 $ 1.69
Discontinued operations (0.01) 1.26 (0.02) 1.04
Net income 0.61 2.15 1.30 2.73
Diluted:        
Continuing operations 0.62 0.88 1.32 1.68
Discontinued operations (0.01) 1.26 (0.03) 1.03
Net income $ 0.61 $ 2.14 $ 1.29 $ 2.71
Basic weighted-average common shares outstanding 33.4 33.2 33.3 33.2
Effect of dilutive securities:        
Stock options and units 0.1 0.2 0.1 0.2
Diluted weighted-average common shares outstanding 33.5 33.4 33.4 33.4
Net income $ 20.5 $ 71.4 $ 43.3 $ 90.5
Other comprehensive income (loss):        
Foreign currency translation (5.1) 2.4 13.2 (38.6)
Changes in unrealized pension cost, net of tax 6.9 4.2 7.9 5.1
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax 0.0 0.0 0.0 (0.1)
Other comprehensive income (loss) 1.8 6.6 21.1 (33.6)
Comprehensive income $ 22.3 $ 78.0 $ 64.4 $ 56.9