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Earnings Per Share
 12 Months Ended
Dec. 28, 2024
Earnings Per Share [Abstract]  
Earnings Per Share

20. Earnings Per Share

 

The computations of earnings per common share were as follows:

(In millions, except per share data)

 

2024

 

 

 

2023

 

 

2022

 

Income from continuing operations

 

$

471.9

 

 

 

$

405.5

 

 

$

539.9

 

Income from discontinued operations

 

 

—

 

 

 

 

(1.0

)

 

 

146.8

 

Net income

 

$

471.9

 

 

 

$

404.5

 

 

$

686.7

 

Earnings per common share

 

 

 

 

 

 

 

 

 

 

Basic

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

3.78

 

 

 

$

3.20

 

 

$

4.14

 

Discontinued operations

 

 

—

 

 

 

 

(0.01

)

 

 

1.13

 

Basic earnings per share

 

$

3.78

 

 

 

$

3.19

 

 

$

5.27

 

Diluted

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

3.75

 

 

 

$

3.17

 

 

$

4.11

 

Discontinued operations

 

 

—

 

 

 

 

—

 

 

 

1.12

 

Diluted earnings per share

 

$

3.75

 

 

 

$

3.17

 

 

$

5.23

 

Basic average shares outstanding(a)

 

 

124.8

 

 

 

 

126.9

 

 

 

130.3

 

Stock-based awards

 

 

0.9

 

 

 

 

0.8

 

 

 

1.0

 

Diluted average shares outstanding(a)

 

 

125.7

 

 

 

 

127.7

 

 

 

131.3

 

Antidilutive stock-based awards excluded from weighted-average
   number of shares outstanding for diluted earnings per share

 

 

0.6

 

 

 

 

0.9

 

 

 

1.3

 
(a)
Reflects the impact of share repurchases during the years ended December 28, 2024, and December 30, 2023 and December 31, 2022, respectively.