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Earnings Per Share (Tables) | 9 Months Ended
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Sep. 28, 2024
Earnings Per Share [Abstract] |
Computations of Earnings per Common Share | The computations of earnings per common share for the thirty-nine and thirteen weeks ended September 28, 2024 and September 30, 2023 were as follows:
(In millions, except per share data) |  | Thirty-Nine Weeks Ended September 28, 2024 |  |  | Thirty-Nine Weeks Ended September 30, 2023 |  |  | Thirteen Weeks Ended September 28, 2024 |  |  | Thirteen Weeks Ended September 30, 2023 |
Income from continuing operations, net of tax |  | $ | 366.8 |  |  | $ | 324.2 |  |  | $ | 136.6 |  |  | $ | 136.5 |
Loss from discontinued operations, net of tax |  |  | - |  |  |  | (1.0 | ) |  |  | - |  |  |  | - |
Net income |  | $ | 366.8 |  |  | $ | 323.2 |  |  | $ | 136.6 |  |  | $ | 136.5 |
Earnings per common share |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 2.93 |  |  | $ | 2.55 |  |  | $ | 1.10 |  |  | $ | 1.08 |
Discontinued operations |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Basic earnings per share |  | $ | 2.93 |  |  | $ | 2.55 |  |  | $ | 1.10 |  |  | $ | 1.08 |
Diluted |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 2.91 |  |  | $ | 2.53 |  |  | $ | 1.09 |  |  | $ | 1.07 |
Discontinued operations |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Diluted earnings per share |  | $ | 2.91 |  |  | $ | 2.53 |  |  | $ | 1.09 |  |  | $ | 1.07 |
Basic average shares outstanding |  |  | 125.1 |  |  |  | 127.1 |  |  |  | 124.2 |  |  |  | 126.9 |
Stock-based awards |  |  | 0.9 |  |  |  | 0.8 |  |  |  | 0.9 |  |  |  | 0.9 |
Diluted average shares outstanding |  |  | 126.0 |  |  |  | 127.9 |  |  |  | 125.1 |  |  |  | 127.8 |
Antidilutive stock-based awards excluded from weighted-average number of shares outstanding for diluted earnings per share |  |  | 0.8 |  |  |  | 0.9 |  |  |  | 0.7 |  |  |  | 0.8 |

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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 -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
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