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INVENTORIES

3 Months Ended

Apr. 03, 2021

Inventory Disclosure [Abstract]

INVENTORIES

INVENTORIES

The components of Inventories, net at April 3, 2021 and January 2, 2021 are as follows:

(Millions of Dollars)			April 3, 2021						January 2, 2021
Finished products			$	2,170.2					$	1,922.5
Work in process			251.0						222.3
Raw materials			716.2						592.6
Total			$	3,137.4					$	2,737.4

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- References

No definition available.

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- 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

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