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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Oct. 02, 2022
Oct. 03, 2021
Oct. 02, 2022
Oct. 03, 2021
Income Statement [Abstract]        
Total revenues $ 783.8 $ 509.8 $ 2,399.5 $ 1,061.7
Cost of sales, excluding amortization of intangibles 376.3 134.4 912.5 274.6
Selling, marketing and administrative 204.2 63.0 407.4 165.9
Research and development 65.6 23.7 126.2 69.6
Amortization of intangible assets 50.5 6.9 78.6 20.5
Acquisition and integration costs 26.4 0.0 109.6 1.8
Other operating expenses 4.0 0.0 8.0 0.0
Operating income 56.8 281.8 757.2 529.3
Interest expense, net 29.7 1.3 41.0 4.7
Loss on extinguishment of debt 0.0 0.0 24.0 0.0
Other income, net (4.2) (1.0) (2.6) (0.4)
Income before provision for income taxes 31.3 281.5 694.8 525.0
Provision for income taxes 12.1 65.8 176.4 112.1
Net income $ 19.2 $ 215.7 $ 518.4 $ 412.9
Basic earnings per share $ 0.29 $ 5.17 $ 9.67 $ 9.91
Diluted earnings per share $ 0.28 $ 5.08 $ 9.56 $ 9.72
Weighted-average shares outstanding - basic 66.9 41.7 53.6 41.7
Weighted-average shares outstanding - diluted 67.5 42.5 54.2 42.5