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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 26, 2015
Sep. 27, 2014
Sep. 26, 2015
Sep. 27, 2014
Net sales $ 1,552.1 $ 1,758.4 $ 4,688.3 $ 5,236.5
Cost of goods sold 1,012.0 1,133.7 3,071.8 3,401.4
Gross profit 540.1 624.7 1,616.5 1,835.1
Selling, general and administrative 330.2 328.8 958.7 1,071.0
Research and development 29.9 28.5 88.7 88.2
Operating income 180.0 267.4 569.1 675.9
Other (income) expense:        
Equity income of unconsolidated subsidiaries (0.9) (0.3) (2.0) (0.9)
Gain (Loss) on Disposition of Business 0.0 0.0 0.0 (0.2)
Net interest expense 31.3 17.1 68.1 51.1
Income from continuing operations before income taxes 149.6 250.6 503.0 625.5
Provision for income taxes 34.4 58.1 115.7 148.3
Net income from continuing operations 115.2 192.5 387.3 477.2
Income (loss) from discontinued operations, net of tax 0.0 1.6 (5.6) 2.6
Discontinued Operation, Provision for Loss (Gain) on Disposal, Net of Tax 0.0 (380.1) (4.8) (385.7)
Net income 115.2 (186.0) 376.9 94.1
Comprehensive income (loss), net of tax        
Net income 115.2 (186.0) 376.9 94.1
Changes in cumulative translation adjustment (85.8) (178.8) (238.4) (190.3)
Changes in market value of derivative financial instruments, net of $0.9, ($0.2), $1.3 and ($0.1) tax, respectively (0.7) 0.8 (1.6) 1.2
Comprehensive income (loss) $ 28.7 $ (364.0) $ 136.9 $ (95.0)
Earnings (loss) per ordinary share        
Income (Loss) from Continuing Operations, Per Basic Share $ 0.64 $ 1.01 $ 2.15 $ 2.47
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0.00 (1.99) (0.06) (1.98)
Basic (USD per share) 0.64 (0.98) 2.09 0.49
Income (Loss) from Continuing Operations, Per Diluted Share 0.63 1.00 2.12 2.43
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share 0.00 (1.95) (0.06) (1.95)
Diluted (USD per share) $ 0.63 $ (0.95) $ 2.06 $ 0.48
Weighted average ordinary shares outstanding        
Basic (shares) 180.2 190.2 180.1 193.2
Diluted (shares) 182.6 193.1 182.6 196.4
Common Stock, Dividends, Per Share, Cash Paid $ 0.32 $ 0.30 $ 0.96 $ 0.80