Net Income Per Common Share (Tables)

9 Months Ended

Sep. 28, 2024

Earnings Per Share [Abstract]

Schedule of Net Income Per Common Share

Net income per common share was computed as follows:

	Three Months Ended				Nine Months Ended
(In millions, except per share amounts)	September 28, 2024		September 30, 2023		September 28, 2024		September 30, 2023
(A)Net income	$	181.7	$	138.3	$	530.9	$	359.9
(B)Weighted average number of common shares outstanding	80.5		80.6		80.5		80.7
Dilutive shares (additional common shares issuable under stock-based awards)	.3		.4		.4		.5
(C) Weighted average number of common shares outstanding, assuming dilution	80.8		81.0		80.9		81.2
Net income per common share: (A) ÷ (B)	$	2.26	$	1.72	$	6.60	$	4.46
Net income per common share, assuming dilution: (A) ÷ (C)	$	2.25	$	1.71	$	6.56	$	4.43