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Net Income Per Common Share | 9 Months Ended
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Oct. 01, 2022
Earnings Per Share [Abstract] |
Net Income Per Common Share | Net Income Per Common Share Net income per common share was computed as follows:
| Three Months Ended |  | Nine Months Ended
(In millions, except per share amounts) | October 1, 2022 |  | October 2, 2021 |  | October 1, 2022 |  | October 2, 2021
(A)Net income | $ | 221.5 |  |  | $ | 164.1 |  |  | $ | 634.2 |  |  | $ | 557.4 |
(B)Weighted average number of common shares outstanding | 81.2 |  |  | 82.9 |  |  | 81.8 |  |  | 83.0 |
Dilutive shares (additional common shares issuable under stock-based awards) | .7 |  |  | .8 |  |  | .6 |  |  | .9 |
(C)Weighted average number of common shares outstanding, assuming dilution | 81.9 |  |  | 83.7 |  |  | 82.4 |  |  | 83.9 |
Net income per common share: (A) ÷ (B) | $ | 2.73 |  |  | $ | 1.98 |  |  | $ | 7.75 |  |  | $ | 6.72 |
Net income per common share, assuming dilution: (A) ÷ (C) | $ | 2.70 |  |  | $ | 1.96 |  |  | $ | 7.70 |  |  | $ | 6.64 |
Certain stock-based compensation awards were excluded from the computation of net income per common share, assuming dilution, because they would not have had a dilutive effect. Stock-based compensation awards excluded from the computation were not significant for the three or nine months ended October 1, 2022 or October 2, 2021.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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