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Net Income Per Common Share (Tables)
9 Months Ended
Sep. 26, 2020
Net Income Per Common Share  
Schedule of net income per common share

        

Three Months Ended

Nine Months Ended

(In millions, except per share amounts)

    

September 26, 2020

    

September 28, 2019

    

September 26, 2020

    

September 28, 2019

(A)

Net income available to common shareholders

$

150.5

$

144.6

$

364.4

$

141.1

(B)

Weighted average number of common shares outstanding

 

83.5

 

84.0

 

83.4

 

84.2

Dilutive shares (additional common shares issuable under stock-based awards)

 

.5

 

.8

 

.6

 

.9

(C)

Weighted average number of common shares outstanding, assuming dilution

 

84.0

 

84.8

 

84.0

 

85.1

Net income per common share: (A) ÷ (B)

$

1.80

$

1.72

$

4.37

$

1.68

Net income per common share, assuming dilution: (A) ÷ (C) 

$

1.79

$

1.71

$

4.34

$

1.66