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Earnings per Common Share (Tables) | 9 Months Ended
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Oct. 01, 2016
Earnings Per Share [Abstract] |
Basic and diluted earnings per common share | Basic and diluted earnings per common share for the three months and nine months ended October 1, 2016 and October 3, 2015 were calculated as follows:
| Three Months Ended |  | Nine Months Ended
(in millions, except per share data) | October 1, 2016 |  | October 3, 2015 |  | October 1, 2016 |  | October 3, 2015
Net earnings from continuing operations | $ | 85.3 |  |  | $ | 72.2 |  |  | $ | 256.6 |  |  | $ | 236.4 |
Earnings from discontinued operations, net of tax | 0.1 |  |  | 3.7 |  |  | 1.7 |  |  | 14.3 |
Net earnings | $ | 85.4 |  |  | $ | 75.9 |  |  | $ | 258.3 |  |  | $ | 250.7 |
Weighted average outstanding shares – basic | 91.1 |  |  | 92.7 |  |  | 91.5 |  |  | 93.3 |
Dilutive effect of common stock equivalents | 0.8 |  |  | 1.3 |  |  | 0.9 |  |  | 1.2 |
Weighted average outstanding shares – diluted | 91.9 |  |  | 94.0 |  |  | 92.4 |  |  | 94.5 |
Basic earnings per common share: |  |  |  |  |  |  |
Continuing operations | $ | 0.94 |  |  | $ | 0.78 |  |  | $ | 2.80 |  |  | $ | 2.54 |
Discontinued operations | 0.00 |  |  | 0.04 |  |  | 0.02 |  |  | 0.15 |
Net earnings | $ | 0.94 |  |  | $ | 0.82 |  |  | $ | 2.82 |  |  | $ | 2.69 |
Diluted earnings per common share: |  |  |  |  |  |  |
Continuing operations | $ | 0.93 |  |  | $ | 0.77 |  |  | $ | 2.78 |  |  | $ | 2.50 |
Discontinued operations | 0.00 |  |  | 0.04 |  |  | 0.02 |  |  | 0.15 |
Net earnings | $ | 0.93 |  |  | $ | 0.81 |  |  | $ | 2.80 |  |  | $ | 2.65 |

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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/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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