XML 13 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 28, 2015
Net sales $ 1,575.5 $ 1,475.0
Cost of goods sold 1,040.1 964.8
Gross profit 535.4 510.2
Selling, general and administrative 331.6 309.2
Research and development 33.2 29.8
Operating income 170.6 171.2
Other (income) expense:    
Equity income of unconsolidated subsidiaries (0.9) (0.5)
Net interest expense 36.4 18.2
Income from continuing operations before income taxes 135.1 153.5
Provision for income taxes 27.7 35.3
Net income from continuing operations 107.4 118.2
Loss from discontinued operations, net of tax 0.0 (4.3)
Net income 107.4 113.9
Comprehensive income (loss), net of tax    
Net income 107.4 113.9
Changes in cumulative translation adjustment 28.0 (174.2)
Changes in market value of derivative financial instruments, net of ($0.5) and $0.2 tax, respectively (14.7) (0.1)
Comprehensive income (loss) $ 120.7 $ (60.4)
Earnings (loss) per ordinary share    
Income (Loss) from Continuing Operations, Per Basic Share $ 0.59 $ 0.66
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0.00 (0.03)
Basic (USD per share) 0.59 0.63
Income (Loss) from Continuing Operations, Per Diluted Share 0.59 0.65
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share 0 (0.03)
Diluted (USD per share) $ 0.59 $ 0.62
Weighted average ordinary shares outstanding    
Basic (shares) 180.7 180.1
Diluted (shares) 182.4 182.7
Common Stock, Dividends, Per Share, Cash Paid $ 0.33 $ 0.32