Net Income Per Common Share (Tables)

3 Months Ended

Apr. 01, 2017

Net Income Per Common Share

Schedule of net income per common share

	Three Months Ended
(In millions, except per share amounts)	April 1, 2017		April 2, 2016
(A) Net income available to common shareholders	$	112.2	$	89.6
(B) Weighted average number of common shares outstanding	88.4		89.4
Dilutive shares (additional common shares issuable under stock-based awards)(1)	1.6		1.7
(C) Weighted average number of common shares outstanding, assuming dilution	90.0		91.1
Net income per common share (A) ÷ (B)	$	1.27	$	1.00
Net income per common share, assuming dilution (A) ÷ (C)	$	1.25	$	.98

(1) For the first quarter of 2017, the dilutive shares calculation reflects the impact of our adoption of an accounting guidance update.  Refer to Note 1, “General,” for more information.