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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 28, 2025
Operating Activities    
Net income $ 372.2 $ 355.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 106.4 100.3
Amortization 66.8 58.4
Provision for credit losses and sales returns 27.2 25.3
Stock-based compensation 12.2 14.7
Deferred taxes and other non-cash taxes (19.2) (12.0)
Other non-cash expense and loss (income and gain), net 29.2 20.8
Changes in assets and liabilities and other adjustments (50.1) (370.3)
Net cash provided by operating activities 544.7 192.5
Investing Activities    
Purchases of property, plant and equipment (67.5) (66.0)
Purchases of software and other deferred charges (13.9) (15.2)
Proceeds from sales of property, plant and equipment 0.7 15.7
Proceeds from insurance and sales (purchases) of investments, net 5.8 8.8
Proceeds from settlement of net investment hedges 0.0 6.2
Payments for acquisitions, net of cash acquired, and venture investments (75.5) (10.7)
Net cash used in investing activities (150.4) (61.2)
Financing Activities    
Net increase (decrease) in borrowings with maturities of three months or less (9.6) 816.2
Repayments of long-term debt and finance leases (3.4) (551.6)
Dividends paid (148.5) (142.9)
Share repurchases (198.2) (360.0)
Net (tax withholding) proceeds related to stock-based compensation (9.4) (12.6)
Payments for settlement of fair value hedges 0.0 (13.5)
Other (0.5) 15.9
Net cash used in financing activities (369.6) (248.5)
Effect of foreign currency translation on cash balances (0.2) 4.0
Increase (decrease) in cash and cash equivalents 24.5 (113.2)
Cash and cash equivalents, beginning of year 202.8 329.1
Cash and cash equivalents, end of period $ 227.3 $ 215.9