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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 29, 2024
Sep. 24, 2023
Sep. 29, 2024
Sep. 24, 2023
Income Statement [Abstract]        
NET SALES $ 718.1 $ 677.3 $ 2,032.7 $ 2,049.1
Cost of products sold 480.1 439.8 1,359.0 1,370.8
GROSS PROFIT 238.0 237.5 673.7 678.3
Selling, general and administrative expenses 166.3 140.3 450.8 417.3
Amortization of intangibles 6.3 3.6 13.7 11.6
Restructuring charges 7.8 1.4 11.0 4.1
OPERATING INCOME 57.6 92.2 198.2 245.3
Interest expense 20.0 15.3 54.7 49.9
Other income, net (1.8) (1.0) (5.0) (0.1)
INCOME BEFORE TAXES 39.4 77.9 148.5 195.5
Income tax expense 10.3 18.2 36.6 49.6
NET INCOME $ 29.1 $ 59.7 $ 111.9 $ 145.9
Average Number of Shares of Common Stock Outstanding        
Basic (in shares) 127.1 127.6 127.0 128.1
Diluted (in shares) 130.8 130.3 130.8 129.9
Earnings Per Common Share        
Basic (in dollars per share) $ 0.23 $ 0.47 $ 0.88 $ 1.14
Diluted (in dollars per share) $ 0.22 $ 0.46 $ 0.86 $ 1.12