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Consolidated Condensed Statements of Operations and Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Income Statement [Abstract]        
Revenue $ 589.1 $ 713.6 $ 1,188.5 $ 1,328.4
Cost of goods sold 361.3 406.5 724.4 760.0
Gross profit 227.8 307.1 464.1 568.4
Selling, general and administrative expenses 195.5 229.2 407.5 440.5
Gain on sale of business and trademarks 0.0 (90.0) (20.1) (90.0)
Impairment, Long-Lived Asset, Held-for-Use 15.6 0.0 15.6 0.0
Environmental and other related costs, net of recoveries (29.4) 0.0 (30.3) 30.4
Operating profit 46.1 167.9 91.4 187.5
Other expenses:        
Interest expense, net 16.1 10.1 31.9 18.8
Other expense (income), net (0.4) 0.6 0.8 (0.5)
Total other expenses 15.7 10.7 32.7 18.3
Earnings before income taxes 30.4 157.2 58.7 169.2
Income tax expense 6.0 32.7 16.3 36.3
Net earnings 24.4 124.5 42.4 132.9
Less: net earnings (loss) attributable to noncontrolling interests 0.4 (0.1) (0.6) (1.4)
Net earnings attributable to Wolverine World Wide, Inc. $ 24.0 $ 124.6 $ 43.0 $ 134.3
Net Earnings Per Share:        
Basic $ 0.30 $ 1.53 $ 0.53 $ 1.63
Diluted $ 0.30 $ 1.53 $ 0.53 $ 1.63
Comprehensive income $ 25.2 $ 91.3 $ 40.0 $ 96.6
Less: comprehensive income (loss) attributable to noncontrolling interests 0.1 (0.7) (0.4) (1.8)
Comprehensive income attributable to Wolverine World Wide, Inc. $ 25.1 $ 92.0 $ 40.4 $ 98.4
Cash dividends declared per share $ 0.10 $ 0.10 $ 0.20 $ 0.20