v3.26.1
Net Income Per Common Share
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Income Per Common Share Net Income Per Common Share
Net income per common share was computed as follows:
Three Months EndedSix Months Ended
(In millions, except per share amounts)June 30, 2026June 28, 2025June 30, 2026June 28, 2025
(A)Net income
$204.1 $189.0 $372.2 $355.3 
(B)Weighted average number of common shares outstanding
76.3 78.2 76.5 78.7 
Dilutive shares (additional common shares issuable under stock-based awards)
.1 .1 .2 .2 
(C) Weighted average number of common shares outstanding, assuming dilution
76.4 78.3 76.7 78.9 
Net income per common share: (A) ÷ (B)$2.67 $2.42 $4.87 $4.51 
Net income per common share, assuming dilution: (A) ÷ (C)$2.67 $2.41 $4.85 $4.50 
Certain stock-based compensation awards were excluded from the computation of net income per common share, assuming dilution, because they would not have had a dilutive effect. Stock-based compensation awards excluded from the computation totaled 0.3 million shares for the three months ended June 30, 2026 and 0.1 million for the three months ended June 28, 2025. Stock-based compensation awards excluded from the computation totaled 0.2 million shares for both the six months ended June 30, 2026 and June 28, 2025.