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Net Income Per Common Share (Tables) | 3 Months Ended
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Apr. 01, 2023
Earnings Per Share [Abstract] |
Schedule of net income per common share | Net income per common share was computed as follows:
|  |  | Three Months Ended
(In millions, except per share amounts) |  |  |  |  | April 1, 2023 |  | April 2, 2022
(A)Net income |  |  |  |  | $ | 121.2 |  |  | $ | 198.2 |
(B)Weighted average number of common shares outstanding |  |  |  |  | 80.9 |  |  | 82.4 |
Dilutive shares (additional common shares issuable under stock-based awards) |  |  |  |  | .6 |  |  | .6 |
(C)Weighted average number of common shares outstanding, assuming dilution |  |  |  |  | 81.5 |  |  | 83.0 |
Net income per common share: (A) ÷ (B) |  |  |  |  | $ | 1.50 |  |  | $ | 2.41 |
Net income per common share, assuming dilution: (A) ÷ (C) |  |  |  |  | $ | 1.49 |  |  | $ | 2.39 |

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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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