v3.25.2
CONSOLIDATED CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY CONSOLIDATED CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Previously Reported
Common Stock [Member]
Common Stock [Member]
Previously Reported
Retained Earnings [Member]
Retained Earnings [Member]
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings [Member]
Previously Reported
AOCI Attributable to Parent [Member]
AOCI Attributable to Parent [Member]
Previously Reported
Noncontrolling Interest [Member]
Noncontrolling Interest [Member]
Previously Reported
Beginning balance, shares at Dec. 31, 2023       82.1 82.1              
Common Stock, Shares [Abstract]                        
Activity from stock incentive plans, shares       0.3                
Share repurchases from net settlement of employee stock incentive plans, shares       (0.1)                
Ending balance, shares at Jun. 29, 2024       81.7                
Common Stock, Shares [Abstract]                        
Activity from stock incentive plans, shares       0.3                
Share repurchases from net settlement of employee stock incentive plans, shares       (0.1)                
Total shareholders' equity, Beginning Balance at Dec. 31, 2023 $ 2,553.7 $ 14.6 $ 2,539.1 $ 82.1 $ 82.1 $ 2,792.6 $ 14.6 $ 2,778.0 $ (331.9) $ (331.9) $ 10.9 $ 10.9
Shareholders' Equity, Dollars [Abstract]                        
Net income 233.5         231.3         2.2  
Shares issued and activity from stock incentive plans 14.0     $ 0.3   13.7            
Shares repurchased under repurchase plan (in shares)       (0.6)                
Cost of share repurchases 79.6     $ 0.6   79.0            
Shares withheld related to net share settlement of stock incentive plans (12.8)     (0.1)   (12.7)            
Dividends Declared (52.5)         (52.5)            
Dividends to noncontrolling interest (0.5)                   (0.5)  
Net change in postretirement benefit plans, net of tax (1.7)               (1.7)      
Net foreign currency translation adjustment (49.2)               (49.2)      
Total shareholders' equity, Ending Balance at Jun. 29, 2024 2,604.9     81.7   2,893.4     (382.8)   12.6  
Shareholders' Equity, Dollars [Abstract]                        
Net income 233.5         231.3         2.2  
Shares issued and activity from stock incentive plans 14.0     $ 0.3   13.7            
Shares repurchased under repurchase plan (in shares)       (0.6)                
Cost of share repurchases 79.6     $ 0.6   79.0            
Shares withheld related to net share settlement of stock incentive plans (12.8)     $ (0.1)   (12.7)            
Dividends Declared (52.5)         (52.5)            
Dividends to noncontrolling interest (0.5)                   (0.5)  
Net change in postretirement benefit plans, net of tax (1.7)               (1.7)      
Net foreign currency translation adjustment (49.2)               (49.2)      
Beginning balance, shares at Mar. 30, 2024       82.3 82.3              
Ending balance, shares at Jun. 29, 2024       81.7                
Total shareholders' equity, Beginning Balance at Mar. 30, 2024 2,601.3 15.1 2,586.2 $ 82.3 $ 82.3 2,872.5 15.1 2,857.4 (365.0) (365.0) 11.5 11.5
Shareholders' Equity, Dollars [Abstract]                        
Net income 120.9         119.7         1.2  
Shares issued and activity from stock incentive plans 6.7         6.7            
Shares repurchased under repurchase plan (in shares)       (0.6)                
Cost of share repurchases 79.6     $ 0.6   79.0            
Shares withheld related to net share settlement of stock incentive plans (0.3)         (0.3)            
Dividends Declared (26.2)         (26.2)            
Dividends to noncontrolling interest (0.1)                   (0.1)  
Net change in postretirement benefit plans, net of tax (0.7)               (0.7)      
Net foreign currency translation adjustment (17.1)               (17.1)      
Total shareholders' equity, Ending Balance at Jun. 29, 2024 2,604.9     $ 81.7   2,893.4     (382.8)   12.6  
Shareholders' Equity, Dollars [Abstract]                        
Net income 120.9         119.7         1.2  
Shares issued and activity from stock incentive plans 6.7         6.7            
Shares repurchased under repurchase plan (in shares)       (0.6)                
Cost of share repurchases 79.6     $ 0.6   79.0            
Shares withheld related to net share settlement of stock incentive plans (0.3)         (0.3)            
Dividends Declared (26.2)         (26.2)            
Dividends to noncontrolling interest (0.1)                   (0.1)  
Net change in postretirement benefit plans, net of tax (0.7)               (0.7)      
Net foreign currency translation adjustment $ (17.1)               (17.1)      
Beginning balance, shares at Dec. 31, 2024 81.5     81.5 81.5              
Common Stock, Shares [Abstract]                        
Activity from stock incentive plans, shares       0.3                
Share repurchases from net settlement of employee stock incentive plans, shares       (0.1)                
Ending balance, shares at Jun. 28, 2025 78.0     78.0                
Common Stock, Shares [Abstract]                        
Activity from stock incentive plans, shares       0.3                
Share repurchases from net settlement of employee stock incentive plans, shares       (0.1)                
Total shareholders' equity, Beginning Balance at Dec. 31, 2024 $ 2,785.8 $ 16.2 $ 2,769.6 $ 81.5 $ 81.5 3,115.6 $ 16.2 $ 3,099.4 (418.3) $ (418.3) 7.0 $ 7.0
Shareholders' Equity, Dollars [Abstract]                        
Net income 230.8         229.4         1.4  
Shares issued and activity from stock incentive plans 17.7     $ 0.3   17.4            
Shares repurchased under repurchase plan (in shares)       (3.7)                
Cost of share repurchases 504.9     $ 3.7   501.2            
Shares withheld related to net share settlement of stock incentive plans (13.4)     (0.1)   (13.3)            
Dividends Declared (56.1)         (56.1)            
Dividends to noncontrolling interest (1.3)                   (1.3)  
Net change in postretirement benefit plans, net of tax (2.3)               (2.3)      
Net foreign currency translation adjustment 107.3               107.3      
Total shareholders' equity, Ending Balance at Jun. 28, 2025 2,563.6     78.0   2,791.8     (313.3)   7.1  
Shareholders' Equity, Dollars [Abstract]                        
Net income 230.8         229.4         1.4  
Shares issued and activity from stock incentive plans 17.7     $ 0.3   17.4            
Shares repurchased under repurchase plan (in shares)       (3.7)                
Cost of share repurchases 504.9     $ 3.7   501.2            
Shares withheld related to net share settlement of stock incentive plans (13.4)     $ (0.1)   (13.3)            
Dividends Declared (56.1)         (56.1)            
Dividends to noncontrolling interest (1.3)                   (1.3)  
Net change in postretirement benefit plans, net of tax (2.3)               (2.3)      
Net foreign currency translation adjustment $ 107.3               107.3      
Beginning balance, shares at Mar. 29, 2025       81.0                
Ending balance, shares at Jun. 28, 2025 78.0     78.0                
Total shareholders' equity, Beginning Balance at Mar. 29, 2025 $ 2,785.8     $ 81.0   3,090.5     (392.2)   6.5  
Shareholders' Equity, Dollars [Abstract]                        
Net income 121.7         121.0         0.7  
Shares issued and activity from stock incentive plans 9.3         9.3            
Shares repurchased under repurchase plan (in shares)       (3.0)                
Cost of share repurchases 404.1     $ 3.0   401.1            
Shares withheld related to net share settlement of stock incentive plans (0.4)         (0.4)            
Dividends Declared (27.5)         (27.5)            
Dividends to noncontrolling interest (0.1)                   (0.1)  
Net change in postretirement benefit plans, net of tax (1.1)               1.1      
Net foreign currency translation adjustment 80.0               80.0      
Total shareholders' equity, Ending Balance at Jun. 28, 2025 2,563.6     $ 78.0   2,791.8     (313.3)   7.1  
Shareholders' Equity, Dollars [Abstract]                        
Net income 121.7         121.0         0.7  
Shares issued and activity from stock incentive plans 9.3         9.3            
Shares repurchased under repurchase plan (in shares)       (3.0)                
Cost of share repurchases 404.1     $ 3.0   401.1            
Shares withheld related to net share settlement of stock incentive plans (0.4)         (0.4)            
Dividends Declared (27.5)         $ (27.5)            
Dividends to noncontrolling interest (0.1)                   $ (0.1)  
Net change in postretirement benefit plans, net of tax (1.1)               1.1      
Net foreign currency translation adjustment $ 80.0               $ 80.0