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Earnings per Common Share (Tables) | 6 Months Ended
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Jul. 01, 2017
Earnings Per Share [Abstract] |
Basic and Diluted Earnings per Common Share | Basic and diluted earnings per common share for the three months and six months ended July 1, 2017 and July 2, 2016 were calculated as follows:
| Three Months Ended |  | Six Months Ended
(in millions, except per share data) | July 1, 2017 |  | July 2, 2016 |  | July 1, 2017 |  | July 2, 2016
Net earnings from continuing operations | $ | 119.4 |  |  | $ | 108.1 |  |  | $ | 184.3 |  |  | $ | 171.3 |
Net earnings (loss) from discontinued operations, net of tax | — |  |  | (0.0 | ) |  | — |  |  | 1.6 |
Net earnings | $ | 119.4 |  |  | $ | 108.1 |  |  | $ | 184.3 |  |  | $ | 172.9 |
Weighted average outstanding shares-basic | 89.8 |  |  | 91.5 |  |  | 90.0 |  |  | 91.6 |
Dilutive effect of common stock equivalents | 0.8 |  |  | 0.8 |  |  | 0.8 |  |  | 1.0 |
Weighted average outstanding shares-diluted | 90.6 |  |  | 92.3 |  |  | 90.8 |  |  | 92.6 |
Basic earnings (loss) per common share: |  |  |  |  |  |  |
Continuing operations | $ | 1.33 |  |  | $ | 1.18 |  |  | $ | 2.05 |  |  | $ | 1.87 |
Discontinued operations | — |  |  | (0.00 | ) |  | — |  |  | 0.02 |
Net earnings | $ | 1.33 |  |  | $ | 1.18 |  |  | $ | 2.05 |  |  | $ | 1.89 |
Diluted earnings (loss) per common share: |  |  |  |  |  |  |
Continuing operations | $ | 1.32 |  |  | $ | 1.17 |  |  | $ | 2.03 |  |  | $ | 1.85 |
Discontinued operations | — |  |  | (0.00 | ) |  | — |  |  | 0.02 |
Net earnings | $ | 1.32 |  |  | $ | 1.17 |  |  | $ | 2.03 |  |  | $ | 1.87 |

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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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