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SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Oct. 02, 2021
Accounting Policies [Abstract]  
Schedule of Error Corrections and Prior Period Adjustments
The following tables present the impact of the restatement on the Company's previously reported results of operations and comprehensive income, as applicable, for the quarter-to-date and year-to-date periods ended October 2, 2021, July 3, 2021, April 3, 2021, September 26, 2020, June 27, 2020 and March 28, 2020.

Quarter-To-Date October 2, 2021Year-To-Date October 2, 2021
(Millions of Dollars, except per share amountsAs Previously ReportedRestatement ImpactsAs RestatedAs Previously ReportedRestatement ImpactsAs Restated
Total Comprehensive Income Attributable to Common Shareowners$326.8 $(0.4)$326.4 $1,186.7 $(0.9)$1,185.8 
Quarter-To-Date July 3, 2021Year-To-Date July 3, 2021
(Millions of Dollars, except per share amountsAs Previously ReportedRestatement ImpactsAs RestatedAs Previously ReportedRestatement ImpactsAs Restated
Net Earnings Attributable to Common Shareowners$454.7 $— $454.7 $932.7 $— $932.7 
Add: Contract adjustment payments accretion— 0.3 0.3 — 0.5 0.5 
Net Earnings Attributable to Common Shareowners - Diluted$454.7 $0.3 $455.0 $932.7 $0.5 $933.2 
Earnings per share of common stock:
Basic$2.87 $— $2.87 $5.90 $— $5.90 
Diluted$2.81 $(0.06)$2.75 $5.80 $(0.13)$5.67 
Weighted-average shares outstanding (in thousands):
Basic158,644 — 158,644 158,081 — 158,081 
Diluted161,571 3,615 165,186 160,861 3,872 164,733 

Quarter-To-Date April 3, 2021
(Millions of Dollars, except per share amountsAs Previously ReportedRestatement ImpactsAs Restated
Net Earnings Attributable to Common Shareowners$478.0 $— $478.0 
Add: Contract adjustment payments accretion$— $0.2 $0.2 
Net Earnings Attributable to Common Shareowners - Diluted$478.0 $0.2 $478.2 
Earnings per share of common stock:
Basic$3.04 $— $3.04 
Diluted$2.98 $(0.07)$2.91 
Weighted-average shares outstanding (in thousands):
Basic157,490 — 157,490 
Diluted160,220 4,129 164,349 

Quarter-To-Date September 26, 2020Year-To-Date September 26, 2020
(Millions of Dollars, except per share amountsAs Previously ReportedRestatement ImpactsAs RestatedAs Previously ReportedRestatement ImpactsAs Restated
Net Earnings Attributable to Common Shareowners$385.5 $— $385.5 $752.4 $(0.7)$751.7 
Add: Contract adjustment payments accretion— 0.1 0.1 — 1.5 1.5 
Net Earnings Attributable to Common Shareowners - Diluted$385.5 $0.1 $385.6 $752.4 $0.8 $753.2 
Total Comprehensive Income Attributable to Common Shareowners$465.0 — $465.0 $675.9 (0.7)$675.2 
Earnings per share of common stock:
Basic$2.47 $— $2.47 $4.91 $(0.01)$4.90 
Diluted$2.44 $(0.07)$2.37 $4.86 $(0.21)$4.65 
Weighted-average shares outstanding (in thousands):
Basic156,370 — 156,370 153,345 — 153,345 
Diluted157,971 4,704 162,675 154,759 7,339 162,098 
Quarter-To-Date June 27, 2020Year-To-Date June 27, 2020
(Millions of Dollars, except per share amountsAs Previously ReportedRestatement ImpactsAs RestatedAs Previously ReportedRestatement ImpactsAs Restated
Net Earnings Attributable to Common Shareowners$233.7 $(0.2)$233.5 $366.9 $(0.7)$366.2 
Add: Contract adjustment payments accretion— 0.5 0.5 — 1.4 1.4 
Net Earnings Attributable to Common Shareowners - Diluted$233.7 $0.3 $234.0 $366.9 $0.7 $367.6 
Earnings per share of common stock:
Basic$1.52 $— $1.52 $2.41 $— $2.41 
Diluted$1.52 $(0.07)$1.45 $2.39 $(0.12)$2.27 
Weighted-average shares outstanding (in thousands):
Basic153,330 — 153,330 152,011 — 152,011 
Diluted154,154 7,436 161,590 153,290 8,657 161,947 

Quarter-To-Date March 28, 2020
(Millions of Dollars, except per share amountsAs Previously ReportedRestatement ImpactsAs Restated
Net Earnings Attributable to Common Shareowners$133.2 $(0.5)$132.7 
Add: Contract adjustment payments accretion— 0.9 0.9 
Net Earnings Attributable to Common Shareowners - Diluted$133.2 $0.4 $133.6 
Earnings per share of common stock:
Basic$0.89 $(0.01)$0.88 
Diluted$0.88 $(0.05)$0.83 
Weighted-average shares outstanding (in thousands):
Basic150,330 — 150,330 
Diluted151,903 9,878 161,781 

The tables below present the impact of the restatement on the classification of amounts within certain equity accounts as of October 2, 2021, July 3, 2021, April 3, 2021, September 26, 2020, June 27, 2020 and March 28, 2020. The values as previously reported were derived from the Company's Original Form 10-Q. Refer to the Company's Form 10-K/A for the year ended January 2, 2021, for impacts of the restatement on the consolidated balance sheet as of January 2, 2021.

October 2, 2021
(Millions of Dollars)As Previously ReportedRestatement ImpactsAs Restated
Preferred stock, without par value$750.0 $(129.7)$620.3 
Retained earnings$8,546.8 $(5.4)$8,541.4 
Additional paid in capital$4,842.3 $135.1 $4,977.4 
Total Shareowners’ Equity$11,318.2 $— $11,318.2 

July 3, 2021
(Millions of Dollars)As Previously ReportedRestatement ImpactsAs Restated
Preferred stock, without par value$750.0 $(129.7)$620.3 
Retained earnings$8,258.6 $(5.4)$8,253.2 
Additional paid in capital$4,816.6 $135.1 $4,951.7 
Total Shareowners’ Equity$11,086.0 $— $11,086.0 
April 3, 2021
(Millions of Dollars)As Previously ReportedRestatement ImpactsAs Restated
Preferred stock, without par value$1,500.0 $(129.7)$1,370.3 
Retained earnings$7,915.5 $(5.4)$7,910.1 
Additional paid in capital$4,842.8 $135.1 $4,977.9 
Total Shareowners’ Equity$11,404.8 $— $11,404.8 

September 26, 2020
(Millions of Dollars)As Previously ReportedRestatement ImpactsAs Restated
Preferred stock, without par value$1,500.0 $(129.7)$1,370.3 
Retained earnings$7,200.4 $(5.4)$7,195.0 
Additional paid in capital$4,785.3 $135.1 $4,920.4 
Total Shareowners’ Equity$10,379.3 $— $10,379.3 

June 27, 2020
(Millions of Dollars)As Previously ReportedRestatement ImpactsAs Restated
Preferred stock, without par value$1,500.0 $(129.7)$1,370.3 
Retained earnings$6,924.5 $(5.4)$6,919.1 
Additional paid in capital$4,773.2 $135.1 $4,908.3 
Total Shareowners’ Equity$9,965.6 $— $9,965.6 

March 28, 2020
(Millions of Dollars)As Previously ReportedRestatement ImpactsAs Restated
Preferred stock, without par value$1,500.0 $(269.5)$1,230.5 
Retained earnings$6,796.6 $(5.2)$6,791.4 
Additional paid in capital$4,496.6 $274.7 $4,771.3 
Total Shareowners’ Equity$8,959.2 $— $8,959.2 


The following tables present the impact of the restatement on the Company's previously reported consolidated statements of cash flows for the year-to-date period ended September 26, 2020, and the quarter-to-date and year-to-date periods ended June 27, 2020. The consolidated statements of cash flows for the remaining Affected Periods were not impacted by the restatement.

Year-to-Date September 26, 2020
(Millions of Dollars)As Previously ReportedRestatement ImpactsAs Restated
Proceeds from issuance of remarketed preferred stock$— $750.0 $750.0 
Proceeds from issuances of common stock$843.8 $(750.0)$93.8 
Cash provided by financing activities$1,273.5 $— $1,273.5 
Quarter-to-Date June 27, 2020Year-to-Date June 27, 2020
(Millions of Dollars)As Previously ReportedRestatement ImpactsAs RestatedAs Previously ReportedRestatement ImpactsAs Restated
Proceeds from issuance of remarketed preferred stock$— $750.0 $750.0 $— $750.0 $750.0 
Proceeds from issuances of common stock$756.7 $(750.0)$6.7 $801.3 $(750.0)$51.3 
Cash (used in) provided by financing activities$(391.5)$— $(391.5)$2,083.7 $— $2,083.7