XML 41 R30.htm IDEA: XBRL DOCUMENT
v3.22.1

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 |

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 securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
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 -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration