XML 14 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Jan. 02, 2021
Dec. 28, 2019
Dec. 29, 2018
Income Statement [Abstract]      
Net Sales [1] $ 14,534.6 $ 14,442.2 $ 13,982.4
Costs and Expenses      
Cost of sales [1] 9,566.7 9,636.7 9,131.3
Selling, general and administrative [1] 3,048.5 3,008.0 3,143.7
Provision for credit losses [1] 41.1 33.0 28.0
Other, net [1] 262.8 249.1 287.0
Loss (gain) on sales of businesses 13.5 [2] (17.0) [1] 0.8 [1]
Restructuring charges [1] 83.0 154.1 160.3
Loss on debt extinguishments [1] 46.9 17.9 0.0
Interest income [1] (18.0) (53.9) (68.7)
Interest expense [1] 223.1 284.3 277.9
Costs and Expenses, Total [1] 13,267.6 13,312.2 12,960.3
Earnings before income taxes and equity interest [1] 1,267.0 1,130.0 1,022.1
Income taxes [1] 41.4 160.8 416.3
Net earnings before equity interest [1] 1,225.6 969.2 605.8
Share of net earnings (losses) of equity method investment 9.1 [2] (11.2) [1] 0.0 [1]
Net earnings [1] 1,234.7 958.0 605.8
Less: Net earnings attributable to non-controlling interests [1] 0.9 2.2 0.6
Net Income (Loss) Attributable to Parent, Total [1] 1,233.8 955.8 605.2
Less: Preferred stock dividends and beneficial conversion feature [1] 24.1 1.8 1.8
Net Earnings Attributable to Common Shareowners [1] 1,209.7 954.0 603.4
Add: Contract adjustment payments accretion [1] 1.7 1.7 0.9
Net Earnings Attributable to Common Shareowners - Diluted [1] $ 1,211.4 $ 955.7 $ 604.3
Earnings per share of common stock:      
Basic (in dollars per share) [1] $ 7.85 $ 6.43 $ 4.05
Diluted (in dollars per share) [1] $ 7.46 $ 6.11 $ 3.85
[1] See Note A, Significant Accounting Policies - Restatement, for discussion regarding the impacts of the Restatement.
[2] See Note A, Significant Accounting Policies - Restatement, for discussion regarding the impacts of the Restatement.