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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Income Statement [Abstract]    
Net sales $ 2,065.0 $ 2,349.3
Cost of products sold 1,522.7 1,708.0
Gross profit 542.3 641.3
Marketing, general and administrative expense 334.4 355.0
Other expense (income), net 17.8 (1.6)
Interest expense 26.4 19.6
Other non-operating expense (income), net (4.6) (1.4)
Income before taxes 168.3 269.7
Provision for income taxes 47.1 71.5
Net income $ 121.2 $ 198.2
Per share amounts:    
Net income per common share (in dollars per share) $ 1.50 $ 2.41
Net income per common share, assuming dilution (in dollars per share) $ 1.49 $ 2.39
Weighted average number of shares outstanding:    
Common shares (in shares) 80.9 82.4
Common shares, assuming dilution (in shares) 81.5 83.0