XML 46 R34.htm IDEA: XBRL DOCUMENT
v3.23.3

Earnings Per Share (Tables) | 9 Months Ended
--- | ---
Sep. 29, 2023
Earnings Per Share [Abstract] |
Schedule of Computation of Earnings Per Share and Effect on Weighted-Average Number of Shares | The following table shows the computation of basic and diluted earnings per share:
| Third Quarter of |  | First Three Quarters of
| 2023 |  | 2022 |  | 2023 |  | 2022
(In millions, except per share amounts) |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income | $ | 74.9 |  |  | $ | 85.8 |  |  | $ | 248.3 |  |  | $ | 364.1 |
Denominator: |  |  |  |  |  |  |
Weighted-average number of common shares used in basic earnings per share | 248.6 |  |  | 247.5 |  |  | 248.0 |  |  | 249.1 |
Effect of dilutive securities | 1.1 |  |  | 1.4 |  |  | 1.1 |  |  | 1.7 |
Weighted-average number of common shares and dilutive potential common shares used in diluted earnings per share | 249.7 |  |  | 248.9 |  |  | 249.1 |  |  | 250.8 |
Basic earnings per share | $ | 0.30 |  |  | $ | 0.35 |  |  | $ | 1.00 |  |  | $ | 1.46 |
Diluted earnings per share | $ | 0.30 |  |  | $ | 0.34 |  |  | $ | 1.00 |  |  | $ | 1.45 |
Antidilutive weighted-average shares (1) | 1.3 |  |  | 1.7 |  |  | 1.7 |  |  | 1.5 |
(1) Antidilutive stock-based awards are excluded from the calculation of diluted shares and diluted earnings per share because their impact would increase diluted earnings per share.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration