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 | 16,947.4 | 15,281.3 | 12,750.0 | 12,912.9 | 13,982.4 | 12,966.6 | 11,593.5 | 11,171.8 |
| Revenue growth | 10.9% | 19.9% | -1.3% | -7.6% | 7.8% | 11.8% | 3.8% | -1.5% |
| Cost of goods sold | 12,663.3 | 10,189.1 | 8,431.9 | 8,679.5 | 9,131.3 | 8,188.3 | 7,325.5 | 7,099.8 |
| Gross profit | 4,284.1 | 5,092.2 | 4,318.1 | 4,233.4 | 4,851.1 | 4,778.3 | 4,268.0 | 4,072.0 |
| Gross margin | 25.3% | 33.3% | 33.9% | 32.8% | 34.7% | 36.9% | 36.8% | 36.4% |
| Selling, general and administrative | 3,355.7 | 3,193.1 | 2,554.7 | 2,542.0 | 3,143.7 | 2,982.9 | 2,609.3 | 2,459.1 |
| EBITA | 841.8 | 1,879.6 | 1,630.9 | 1,615.6 | 1,567.7 | 1,661.5 | 1,594.0 | 1,520.7 |
| EBITA margin | 5.0% | 12.3% | 12.8% | 12.5% | 11.2% | 12.8% | 13.7% | 13.6% |
| Amortization of intangibles | 202.5 | 203.1 | 201.6 | 187.4 | 175.3 | 163.8 | 144.4 | 157.1 |
| EBIT | 639.3 | 1,676.5 | 1,429.3 | 1,428.2 | 1,392.4 | 1,497.7 | 1,449.6 | 1,363.6 |
| EBIT margin | 3.8% | 11.0% | 11.2% | 11.1% | 10.0% | 11.6% | 12.5% | 12.2% |
| Pre-tax income | 37.9 | 1,586.9 | 1,183.7 | 1,094.4 | 1,022.1 | 1,527.8 | 1,229.3 | 1,150.8 |
| Income taxes | -132.4 | 55.1 | 38.0 | 126.8 | 416.3 | 300.9 | 261.7 | 248.6 |
| Tax rate | | 3.5% | 3.2% | 11.6% | 40.7% | 19.7% | 21.3% | 21.6% |
| Earnings from continuing ops | 1,057.9 | 1,676.3 | 1,211.4 | 955.7 | 604.3 | 1,226.9 | 967.6 | 902.2 |
| Earnings from discontinued ops | 0.0 | 0.0 | 0.0 | 0.0 | | | | |
| Net income | 1,057.9 | 1,676.3 | 1,211.4 | 955.7 | 604.3 | 1,226.9 | 967.6 | 902.2 |
| Net margin | 6.2% | 11.0% | 9.5% | 7.4% | 4.3% | 9.5% | 8.3% | 8.1% |
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| Diluted EPS | $6.76 | $10.16 | $7.46 | $6.11 | $3.85 | $8.05 | $6.53 | $5.91 |
| Shares outstanding (diluted) | 156.6 | 165.0 | 162.4 | 156.4 | 156.8 | 152.4 | 148.2 | 152.7 |
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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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