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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jan. 03, 2020
Dec. 28, 2018
Dec. 29, 2017
Net sales $ 8,845.6 $ 8,400.2 $ 7,927.4
Cost of goods sold 7,069.8 6,742.2 6,356.4
Gross profit 1,775.8 1,658.0 1,571.0
Operating expenses 1,408.3 1,348.3 1,258.1
Operating income 367.5 309.7 312.9
Other expense:      
Interest expense (77.1) (76.3) (74.7)
Other, net 3.0 (10.2) (0.6)
Income before income taxes 293.4 223.2 237.6
Income tax expense 30.5 66.9 128.6
Net Income $ 262.9 $ 156.3 $ 109.0
Income per share:      
Basic $ 7.71 $ 4.62 $ 3.24
Diluted $ 7.67 $ 4.58 $ 3.21
Basic weighted-average common shares outstanding 34.1 33.8 33.6
Effect of dilutive securities:      
Stock options and units 0.2 0.3 0.4
Diluted weighted-average common shares outstanding 34.3 34.1 34.0