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Taxes Based on Income (Tables) | 3 Months Ended
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Mar. 30, 2024
Income Tax Disclosure [Abstract] |
Schedule of Income Before Taxes, Provision for Income Taxes, and Effective Tax Rate | The following table summarizes our income before taxes, provision for income taxes, and effective tax rate:
|  |  | Three Months Ended
(Dollars in millions) |  |  |  |  | March 30, 2024 |  | April 1, 2023
Income before taxes |  |  |  |  | $ | 234.4 |  |  | $ | 168.3 |
Provision for income taxes |  |  |  |  | 62.0 |  |  | 47.1 |
Effective tax rate |  |  |  |  | 26.5 | % |  | 28.0 | %

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