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EARNINGS PER SHARE (Tables)
9 Months Ended
Oct. 02, 2021
Earnings Per Share [Abstract]  
Reconciliation of Net Earnings Attributable to Common Shareowners and Weighted-Average Shares Outstanding
The following table reconciles net earnings attributable to common shareowners and the weighted-average shares outstanding used to calculate basic and diluted earnings per share for the three and nine months ended October 2, 2021 and September 26, 2020:
Third QuarterYear-to-Date
2021202020212020
Numerator (in millions):
Net Earnings Attributable to Common Shareowners$414.6 $385.5 $1,347.8 $752.4 
Denominator (in thousands):
Basic weighted-average shares outstanding159,444 156,370 158,494 153,345 
Dilutive effect of stock contracts and awards5,892 1,601 6,406 1,414 
Diluted weighted-average shares outstanding165,336 157,971 164,900 154,759 
Earnings per share of common stock:
Basic$2.60 $2.47 $8.50 $4.91 
Diluted$2.51 $2.44 $8.17 $4.86 
Weighted-Average Stock Options and Warrants Outstanding Not included in Computation of Diluted Shares Outstanding
The following weighted-average stock options were not included in the computation of weighted-average diluted shares outstanding because the effect would be anti-dilutive (in thousands):
Third QuarterYear-to-Date
2021202020212020
Number of stock options1,042 2,059 948 2,947