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Earnings Per Share (Tables)
12 Months Ended
Jan. 03, 2025
Earnings Per Share [Abstract]  
Schedule of Computation of Earnings Per Share and Effect on Weighted-Average Number of Shares
The following table shows the computation of basic and diluted earnings per share:
 202420232022
(In millions, except per share amounts)   
Numerator:
Net income$1,504.4 $311.3 $449.7 
Denominator:
Weighted-average shares of common stock outstanding - basic
245.5 247.9 248.6 
Effect of dilutive securities1.7 1.2 1.6 
Weighted-average shares of common stock outstanding - diluted
247.2 249.1 250.2 
Basic earnings per share$6.13 $1.26 $1.81 
Diluted earnings per share$6.09 $1.25 $1.80 
Antidilutive weighted-average shares (1)
1.4 1.9 1.3 
(1)    Antidilutive stock-based awards are excluded from the calculation of diluted shares and diluted earnings per share because their impact would increase diluted earnings per share.