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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jan. 01, 2022
Jan. 02, 2021
Dec. 28, 2019
Income Statement [Abstract]      
Net sales $ 8,408.3 $ 6,971.5 $ 7,070.1
Cost of products sold 6,095.5 5,048.2 5,166.0
Gross profit 2,312.8 1,923.3 1,904.1
Marketing, general and administrative expense 1,248.5 1,060.5 1,080.4
Other expense (income), net 5.6 53.6 53.2
Interest expense 70.2 70.0 75.8
Other non-operating expense (income), net (4.1) 1.9 445.2
Income before taxes 992.6 737.3 249.5
Provision for (benefit from) income taxes 248.6 177.7 (56.7)
Equity method investment (losses) gains (3.9) (3.7) (2.6)
Net income $ 740.1 $ 555.9 $ 303.6
Per share amounts:      
Net income per common share (in dollars per share) $ 8.93 $ 6.67 $ 3.61
Net income per common share, assuming dilution (in dollars per share) $ 8.83 $ 6.61 $ 3.57
Weighted average number of shares outstanding:      
Common shares (in shares) 82.9 83.4 84.0
Common shares, assuming dilution (in shares) 83.8 84.1 85.0