EARNINGS PER SHARE (Tables)

3 Months Ended

Apr. 02, 2022

Earnings Per Share [Abstract]

Reconciliation of Net Earnings Attributable to Common Shareowners and Weighted-Average Shares Outstanding used to Calculate Basic and Diluted Earnings per Share

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 months ended April 2, 2022 and April 3, 2021:

	Year-to-Date
	2022		2021
Numerator (in millions):
Net Earnings from Continuing Operations Attributable to Common Shareowners	$	155.5	$	450.8
Add: Contract adjustment payments accretion	0.3		0.2
Net Earnings from Continuing Operations Attributable to Common Shareowners - Diluted	$	155.8	$	451.0
Net earnings from discontinued operations	19.8		27.2
Net Earnings Attributable to Common Shareowners - Diluted	$	175.6	$	478.2

	Year-to-Date
	2022	2021
Denominator (in thousands):
Basic weighted-average shares outstanding	155,433	157,490
Dilutive effect of stock contracts and awards	9,980	6,859
Diluted weighted-average shares outstanding	165,413	164,349

Earnings per share of common stock:
Basic earnings per share of common stock:
Continuing operations	$	1.00	$	2.86
Discontinued operations	$	0.13	$	0.17
Total basic earnings per share of common stock	$	1.13	$	3.04
Diluted earnings per share of common stock:
Continuing operations	$	0.94	$	2.74
Discontinued operations	$	0.12	$	0.17
Total dilutive earnings per share of common stock	$	1.06	$	2.91

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):

	Year-to-Date
	2022	2021
Number of stock options	2,545	1,096