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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Income Statement [Abstract]        
Net Sales $ 4,024.4 $ 4,158.9 $ 7,893.9 $ 8,090.7
Costs and Expenses        
Cost of sales 2,883.2 3,226.8 5,644.2 6,323.1
Selling, general and administrative 825.8 834.4 1,677.8 1,657.4
Provision for credit losses 2.8 2.9 2.6 5.0
Other, net 226.5 66.6 306.5 130.3
Loss on sales of businesses 0.0 0.0 0.0 7.6
Asset impairment charge 0.0 0.0 25.5 0.0
Restructuring charges 29.8 4.6 44.8 16.7
Interest income (42.9) (45.2) (86.5) (85.0)
Interest expense 121.3 144.6 252.8 275.5
Costs and Expenses 4,046.5 4,234.7 7,867.7 8,330.6
(Loss) earnings from continuing operations before income taxes (22.1) (75.8) 26.2 (239.9)
Income taxes on continuing operations (2.9) (253.3) 25.9 (229.6)
Net (loss) earnings from continuing operations (19.2) 177.5 0.3 (10.3)
Gain (loss) on Security sale before income taxes 10.4 (0.8) 10.4 (0.8)
Income taxes on discontinued operations 2.4 (0.3) 2.4 (0.3)
Net earnings (loss) from discontinued operations 8.0 (0.5) 8.0 (0.5)
Net (Loss) Earnings (11.2) 177.0 8.3 (10.8)
Total Comprehensive (Loss) Income $ (58.4) $ 147.9 $ (155.1) $ 12.9
Basic (loss) earnings per share of common stock:        
Continuing operations (in dollars per share) $ (0.13) $ 1.19 $ 0 $ (0.07)
Discontinued operations (in dollars per share) 0.05 0 0.05 0
Total basic (loss) earnings per share of common stock (in dollars per share) (0.07) 1.18 0.06 (0.07)
Diluted (loss) earnings per share of common stock:        
Continuing operations (in dollars per share) (0.13) 1.18 0 (0.07)
Discontinued operations (in dollars per share) 0.05 0 0.05 0
Total diluted (loss) earnings per share of common stock (in dollars per share) $ (0.07) $ 1.18 $ 0.05 $ (0.07)