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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Apr. 02, 2023
Apr. 03, 2022
Income Statement [Abstract]    
Total revenues $ 846.1 $ 1,002.3
Cost of sales, excluding amortization of intangibles 397.5 260.3
Selling, marketing and administrative 202.4 84.8
Research and development 62.3 26.4
Amortization of intangible assets 50.8 7.1
Acquisition and integration costs 29.7 3.0
Other operating expenses 3.8 0.0
Operating income 99.6 620.7
Interest expense, net 36.7 1.0
Other expense (income), net 2.9 (0.9)
Income before provision for income taxes 60.0 620.6
Provision for income taxes 11.2 140.7
Net income $ 48.8 $ 479.9
Basic earnings per share $ 0.73 $ 11.46
Diluted earnings per share $ 0.73 $ 11.31
Weighted-average shares outstanding - basic 66.6 41.9
Weighted-average shares outstanding - diluted 67.1 42.4