XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Apr. 01, 2023
Apr. 02, 2022
Income Statement [Abstract]        
Net sales $ 1,531.5 $ 1,678.4 $ 2,058.1 $ 2,244.3
Cost of sales 1,000.1 1,084.7 1,420.7 1,532.0
Cost of sales—impairment, restructuring and other 118.7 5.3 129.0 5.3
Gross margin 412.7 588.4 508.4 707.0
Operating expenses:        
Selling, general and administrative 186.3 204.7 314.8 358.7
Impairment, restructuring and other 21.8 0.1 30.2 1.8
Other income, net (1.6) (4.3) (1.0) (6.0)
Income from operations 206.2 387.9 164.4 352.5
Equity in loss of unconsolidated affiliates (7.3) (6.5) (18.7) (13.8)
Interest expense 48.3 28.3 91.0 52.1
Other non-operating (income) expense, net 0.8 (1.9) (0.8) (3.7)
Income before income taxes 149.8 355.0 55.5 290.3
Income tax expense 40.4 78.5 10.8 63.9
Net income $ 109.4 $ 276.5 $ 44.7 $ 226.4
Earnings Per Share, Basic And Diluted EPS [Abstract]        
Basic income (loss) per common share (USD per share) $ 1.95 $ 4.98 $ 0.80 $ 4.08
Diluted income (loss) per common share (USD per share) $ 1.94 $ 4.94 $ 0.80 $ 4.02
Weighted-average common shares outstanding during the period (in shares) 56.0 55.5 55.8 55.5
Weighted-average common shares outstanding during the period plus dilutive potential common shares (in shares) 56.5 56.0 56.1 56.3