Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Jan-01-22 | Jan-02-21 | Dec-28-19 | Dec-29-18 | Dec-30-17 | Dec-31-16 | Jan-02-16 |
| Revenues | 3,554.2 | 3,474.4 | 2,793.0 | 3,087.1 | 3,347.6 | 3,041.7 | 2,747.0 | 2,745.1 |
| Revenue growth | 2.3% | 24.4% | -9.5% | -7.8% | 10.1% | 10.7% | 0.1% | |
| Cost of goods sold | 2,303.6 | 2,135.2 | 1,758.3 | 1,944.6 | 2,017.0 | 1,823.7 | 1,686.2 | 1,709.0 |
| Gross profit | 1,250.6 | 1,339.2 | 1,034.7 | 1,142.5 | 1,330.6 | 1,218.0 | 1,060.8 | 1,036.1 |
| Gross margin | 35.2% | 38.5% | 37.0% | 37.0% | 39.7% | 40.0% | 38.6% | 37.7% |
| Selling, general and administrative | 853.7 | 852.7 | 776.9 | 777.3 | 805.8 | 777.1 | 737.7 | 784.5 |
| EBITA | 525.1 | 628.4 | 388.1 | 486.0 | 641.2 | 572.1 | 472.6 | 200.2 |
| EBITA margin | 14.8% | 18.1% | 13.9% | 15.7% | 19.2% | 18.8% | 17.2% | 7.3% |
| Amortization of intangibles | 128.4 | 132.6 | 129.3 | 129.9 | 130.7 | 130.9 | 149.5 | |
| EBIT | 396.7 | 495.8 | 258.8 | 356.1 | 510.5 | 441.2 | 323.1 | 200.2 |
| EBIT margin | 11.2% | 14.3% | 9.3% | 11.5% | 15.2% | 14.5% | 11.8% | 7.3% |
| Pre-tax income | 257.8 | 349.7 | 71.0 | 198.8 | 303.5 | 109.5 | 93.0 | 41.7 |
| Income taxes | 14.9 | 18.4 | -19.3 | -495.9 | 31.8 | -72.5 | 21.1 | -9.2 |
| Tax rate | 5.8% | 5.3% | | | 10.5% | | 22.7% | |
| Earnings from continuing ops | 463.3 | 297.1 | 79.1 | 1,384.2 | 516.4 | 152.0 | 70.1 | 24.9 |
| Earnings from discontinued ops | 0.4 | | 0.3 | 0.6 | 0.6 | -0.7 | -12.4 | |
| Net income | 463.7 | 297.1 | 79.4 | 1,384.8 | 517.0 | 151.3 | 57.7 | 24.9 |
| Net margin | 13.0% | 8.6% | 2.8% | 44.9% | 15.4% | 5.0% | 2.1% | 0.9% |
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| Diluted EPS | $1.61 | $1.00 | $0.27 | $4.75 | $1.77 | $0.61 | $0.28 | $0.10 |
| Shares outstanding (diluted) | 287.6 | 297.3 | 292.1 | 291.6 | 291.7 | 250.5 | 248.4 | 249.0 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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