XML 8 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 28, 2024
Sep. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net sales $ 1,155.3 $ 1,261.2 $ 3,504.8 $ 3,464.9
Cost of products sold 625.5 721.1 1,946.4 2,048.4
Selling, general and administrative expenses 298.2 321.1 929.5 862.6
Amortization of intangible assets 19.1 18.8 55.2 44.0
Restructuring charges 7.4 3.7 14.1 28.9
Operating income 205.1 196.5 559.6 481.0
Interest expense 30.2 33.3 92.6 87.9
Other income, net (1.6) (9.4) (5.2) (20.9)
Income from continuing operations before income taxes 176.5 172.6 472.2 414.0
Income tax 39.9 36.1 105.4 89.8
Income from continuing operations, net of tax 136.6 136.5 366.8 324.2
Loss from discontinued operations, net of tax 0.0 0.0 0.0 (1.0)
Net income $ 136.6 $ 136.5 $ 366.8 $ 323.2
Basic earnings per common share        
Continuing operations $ 1.1 $ 1.08 $ 2.93 $ 2.55
Discontinued operations 0 0 0 0
Basic earnings per share 1.1 1.08 2.93 2.55
Diluted earnings per common share        
Continuing operations 1.09 1.07 2.91 2.53
Discontinued operations 0 0 0 0
Diluted earnings per share $ 1.09 $ 1.07 $ 2.91 $ 2.53
Comprehensive income $ 147.9 $ 118.1 $ 357.8 $ 316.5