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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Apr. 02, 2022
Apr. 03, 2021
Income Statement [Abstract]    
Net sales $ 2,349.3 $ 2,051.3
Cost of products sold 1,708.0 1,454.3
Gross profit 641.3 597.0
Marketing, general and administrative expense 355.0 312.3
Other expense (income), net (1.6) 0.9
Interest expense 19.6 16.2
Other non-operating expense (income), net (1.4) (1.3)
Income before taxes 269.7 268.9
Provision for income taxes 71.5 58.1
Equity method investment (losses) gains 0.0 (1.3)
Net income $ 198.2 $ 209.5
Per share amounts:    
Net income per common share (in dollars per share) $ 2.41 $ 2.52
Net income per common share, assuming dilution (in dollars per share) $ 2.39 $ 2.50
Weighted average number of shares outstanding:    
Common shares (in shares) 82.4 83.1
Common shares, assuming dilution (in shares) 83.0 83.9