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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Sep. 26, 2020
Sep. 28, 2019
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 1,729.1 $ 1,761.4 $ 4,980.6 $ 5,297.2
Cost of products sold 1,244.9 1,289.7 3,628.4 3,877.8
Gross profit 484.2 471.7 1,352.2 1,419.4
Marketing, general and administrative expense 258.3 265.3 758.7 807.3
Other expense (income), net 12.4 6.7 57.3 21.7
Interest expense 15.6 19.0 54.4 58.0
Other non-operating expense (income), net 0.1 0.8 (0.2) 448.2
Income before taxes 197.8 179.9 482.0 84.2
Provision for (benefit from) income taxes 46.3 34.6 114.8 (58.9)
Equity method investment (losses) gains (1.0) (0.7) (2.8) (2.0)
Net income $ 150.5 $ 144.6 $ 364.4 $ 141.1
Per share amounts:        
Net income per common share (in dollars per share) $ 1.80 $ 1.72 $ 4.37 $ 1.68
Net income per common share, assuming dilution (in dollars per share) $ 1.79 $ 1.71 $ 4.34 $ 1.66
Weighted average number of shares outstanding:        
Common shares (in shares) 83.5 84.0 83.4 84.2
Common shares, assuming dilution (in shares) 84.0 84.8 84.0 85.1