XML 41 R30.htm IDEA: XBRL DOCUMENT v3.23.3

EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

The following table reconciles net earnings (loss) attributable to common shareowners and the weighted-average shares outstanding used to calculate basic and diluted earnings (loss) per share for the three and nine months ended September 30, 2023 and October 1, 2022:

			Third Quarter												Year-to-Date
			2023						2022						2023						2022
Numerator (in millions):
Net Earnings (Loss) from Continuing Operations Attributable to Common Shareowners			$	4.7					$	36.6					$	(5.6)					$	270.7
Add: Contract adjustment payments accretion			—						0.3						—						1.0
Net Earnings (Loss) from Continuing Operations Attributable to Common Shareowners - Diluted			$	4.7					$	36.9					$	(5.6)					$	271.7
Net earnings (loss) from discontinued operations			—						808.0						(0.5)						836.8
Net Earnings (Loss) Attributable to Common Shareowners - Diluted			$	4.7					$	844.9					$	(6.1)					$	1,108.5

			Third Quarter												Year-to-Date
			2023						2022						2023						2022
Denominator (in thousands):
Basic weighted-average shares outstanding			149,799						144,379						149,687						148,384
Dilutive effect of stock contracts and awards			746						9,221						—						9,582
Diluted weighted-average shares outstanding			150,545						153,600						149,687						157,966

			Third Quarter												Year-to-Date
			2023						2022						2023						2022
Earnings (loss) per share of common stock:
Basic earnings (loss) per share of common stock:
Continuing operations			$	0.03					$	0.25					$	(0.04)					$	1.82
Discontinued operations			$	—					$	5.60					$	—					$	5.64
Total basic earnings (loss) per share of common stock			$	0.03					$	5.85					$	(0.04)					$	7.46
Diluted earnings (loss) per share of common stock:
Continuing operations			$	0.03					$	0.24					$	(0.04)					$	1.72
Discontinued operations			$	—					$	5.26					$	—					$	5.30
Total dilutive earnings (loss) per share of common stock			$	0.03					$	5.50					$	(0.04)					$	7.02

Schedule of Antidilutive Securities Excluded From Computation of Earnings

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):

			Third Quarter												Year-to-Date
			2023						2022						2023						2022
Number of stock options			5,048						4,627						5,547						3,780

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
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

+ 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
-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