Earnings Per Share and Equity - Schedule of Share Repurchase Program (Details) - USD ($) $ / shares in Units, $ in Millions |
3 Months Ended | |
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Apr. 04, 2025 |
Mar. 29, 2024 |
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Earnings Per Share [Abstract] | ||
Number of repurchased shares (in shares) | 6,100,000 | 1,300,000 |
Aggregate purchase price | $ 300.0 | $ 100.0 |
Fees, commissions and excise tax | 2.6 | 0.0 |
Total | $ 302.6 | $ 100.0 |
Weighted-average purchase price per share (in dollars per share) | $ 49.35 | $ 78.57 |
Number of repurchased shares subsequently retired (in shares) | 0 |
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- Definition Treasury Stock, Fees Commissions and Excise Tax No definition available.
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- Definition Treasury Stock, Shares, Reissued or Retired During Period No definition available.
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- Definition Treasury Stock, Value, Acquired, Cost Method, Net of Fees No definition available.
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- References No definition available.
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- Definition Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total cost of shares repurchased divided by the total number of shares repurchased. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of shares that have been repurchased during the period and are being held in treasury. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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