XML 159 R13.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Inventories | 12 Months Ended
--- | ---
Dec. 28, 2019
Inventory Disclosure [Abstract] |
Inventories | Inventories Inventories by major classification as of 2019 and 2018 year end are as follows:
(Amounts in millions) |  | 2019 |  | 2018
Finished goods |  | $ | 661.0 |  |  | $ | 577.0 |
Work in progress |  | 57.1 |  |  | 51.7 |
Raw materials |  | 126.8 |  |  | 123.5 |
Total FIFO value |  | 844.9 |  |  | 752.2 |
Excess of current cost over LIFO cost |  | (84.5) |  |  | (78.4) |
Total inventories – net |  | $ | 760.4 |  |  | $ | 673.8 |
Inventories accounted for using the FIFO method approximated 58% and 61% of total inventories as of 2019 and 2018 year end, respectively. The company accounts for its non-U.S. inventory on the FIFO method. As of 2019 year end, approximately 32% of the company’s U.S. inventory was accounted for using the FIFO method and 68% was accounted for using the LIFO method. There were no LIFO inventory liquidations in 2019, 2018 or 2017.

X
- References No definition available. + Details
Name: | us-gaap_InventoryDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
Name: | us-gaap_InventoryDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration