XML 20 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Jan. 02, 2016
Oct. 03, 2015
Jul. 04, 2015
Apr. 04, 2015
Jan. 03, 2015
Sep. 27, 2014
Jun. 28, 2014
Mar. 29, 2014
Jan. 02, 2016
Jan. 03, 2015
Dec. 28, 2013
CONSOLIDATED STATEMENTS OF INCOME                      
Net sales $ 1,454.8 $ 1,468.1 $ 1,516.0 $ 1,528.0 $ 1,604.8 $ 1,559.6 $ 1,615.8 $ 1,550.1 $ 5,966.9 $ 6,330.3 $ 6,140.0
Cost of products sold                 4,321.1 4,679.1 4,502.3
Gross profit 392.3 405.9 417.6 430.0 415.1 400.7 428.2 407.2 1,645.8 1,651.2 1,637.7
Marketing, general and administrative expense                 1,108.1 1,158.9 1,174.2
Interest expense                 60.5 63.3 60.9
Other expense, net 19.3 7.0 27.7 14.3 14.6 7.8 38.5 7.3 68.3 68.2 36.6
Income from continuing operations before taxes                 408.9 360.8 366.0
Provision for income taxes                 134.5 113.5 124.3
Income from continuing operations 56.5 81.3 64.7 71.9 69.8 60.9 50.2 66.4 274.4 247.3 241.7
Loss from discontinued operations, net of tax                 (0.1) (2.2) (28.5)
Net income $ 57.0 $ 81.7 $ 63.7 $ 71.9 $ 70.6 $ 60.2 $ 48.3 $ 66.0 $ 274.3 $ 245.1 $ 213.2
Net income (loss) per common share:                      
Continuing operations (in dollars per share) $ 0.62 $ 0.89 $ 0.71 $ 0.79 $ 0.76 $ 0.65 $ 0.53 $ 0.69 $ 3.01 $ 2.64 $ 2.46
Discontinued operations (in dollars per share) 0.01   (0.01)   0.01   (0.02)     (0.03) (0.29)
Net income per common share (in dollars per share) 0.63 0.89 0.70 0.79 0.77 0.65 0.51 0.69 3.01 2.61 2.17
Net income (loss) per common share, assuming dilution:                      
Continuing operations (in dollars per share) 0.61 0.87 0.69 0.78 0.75 0.64 0.52 0.68 2.95 2.58 2.41
Discontinued operations (in dollars per share) 0.01 0.01 (0.01)   0.01 (0.01) (0.02) (0.01)   (0.02) (0.28)
Net income per common share, assuming dilution (in dollars per share) $ 0.62 $ 0.88 $ 0.68 $ 0.78 $ 0.76 $ 0.63 $ 0.50 $ 0.67 2.95 2.56 2.13
Dividends per common share (in dollars per share)                 $ 1.46 $ 1.34 $ 1.14
Weighted average number of shares outstanding:                      
Common shares (in shares)                 91.0 93.8 98.4
Common shares, assuming dilution (in shares)                 92.9 95.7 100.1