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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Sep. 30, 2023
Oct. 01, 2022
Income Statement [Abstract]        
Net sales $ 2,098.3 $ 2,317.1 $ 6,253.8 $ 7,013.4
Cost of products sold 1,512.5 1,697.9 4,572.3 5,109.4
Gross profit 585.8 619.2 1,681.5 1,904.0
Marketing, general and administrative expense 332.6 330.8 986.6 1,018.5
Other expense (income), net 46.3 (3.9) 132.4 (2.1)
Interest expense 31.0 21.2 89.3 61.6
Other non-operating expense (income), net (8.7) (1.4) (19.9) (4.1)
Income before taxes 184.6 272.5 493.1 830.1
Provision for income taxes 46.3 51.0 133.2 195.9
Net income $ 138.3 $ 221.5 $ 359.9 $ 634.2
Per share amounts:        
Net income per common share (in dollars per share) $ 1.72 $ 2.73 $ 4.46 $ 7.75
Net income per common share, assuming dilution (in dollars per share) $ 1.71 $ 2.70 $ 4.43 $ 7.70
Weighted average number of shares outstanding:        
Common shares (in shares) 80.6 81.2 80.7 81.8
Common shares, assuming dilution (in shares) 81.0 81.9 81.2 82.4