XML 19 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1Close
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Income Statement [Abstract]      
Net sales $ 8,364.3 $ 9,039.3 $ 8,408.3
Cost of products sold 6,086.8 6,635.1 6,095.5
Gross profit 2,277.5 2,404.2 2,312.8 Close
Marketing, general and administrative expense 1,313.7 1,330.8 1,248.5
Other expense (income), net 180.9 (0.6) 5.6 Close
Interest expense 119.0 84.1 70.2
Other non-operating expense (income), net (30.8) (9.4) (4.1)
Income before taxes 694.7 999.3 992.6 Close
Provision for income taxes 191.7 242.2 248.6 Close
Equity method investment (losses) gains 0.0 0.0 (3.9) Close
Net income $ 503.0 $ 757.1 $ 740.1 Close
Per share amounts:      
Net income per common share (in dollars per share) $ 6.23 $ 9.28 $ 8.93
Net income per common share, assuming dilution (in dollars per share) $ 6.20 $ 9.21 $ 8.83
Weighted average number of shares outstanding:      
Common shares (in shares) 80.7 81.6 82.9
Common shares, assuming dilution (in shares) 81.1 82.2 83.8