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BUSINESS SEGMENTS (Tables)

3 Months Ended

Apr. 01, 2023

Segment Reporting [Abstract]

Reconciliation of Revenue from Segments to Consolidated

									Year-to-Date
(Millions of Dollars)															2023						2022
Net Sales
Tools & Outdoor															$	3,315.4					$	3,801.2
Industrial															616.4						646.6
Corporate Overhead															—						0.2
Consolidated															$	3,931.8					$	4,448.0
Segment Profit
Tools & Outdoor															$	18.7					$	378.5
Industrial															67.4						41.3
Segment Profit															86.1						419.8
Corporate Overhead															(75.7)						(74.7)
Other, net															(63.7)						(62.0)
Loss on sales of businesses															(7.6)						—
Restructuring charges															(12.1)						(52.7)
Interest income															39.8						2.8
Interest expense															(130.9)						(54.7)
(Loss) earnings from continuing operations before income taxes															$	(164.1)					$	178.5

Business Segments

The following table is a further disaggregation of the Industrial segment revenue for the three months ended April 1, 2023 and April 2, 2022:

									Year-to-Date
(Millions of Dollars)															2023						2022
Engineered Fastening															$	476.3					$	480.1
Infrastructure															140.1						166.5
Industrial															$	616.4					$	646.6

Summary of Total Assets by Segment

The following table is a summary of total assets by segment as of April 1, 2023 and December 31, 2022:

(Millions of Dollars)			April 1, 2023						December 31, 2022
Tools & Outdoor			$	20,252.4					$	20,202.0
Industrial			5,283.0						5,284.8
			25,535.4						25,486.8
Corporate assets			(463.7)						(523.5)
Consolidated			$	25,071.7					$	24,963.3

Summary of Net Sales by Geographic Area

The following table is a summary of net sales by geographic area for the three months ended April 1, 2023 and April 2, 2022:

									Year-to-Date
(Millions of Dollars)															2023						2022
United States															$	2,422.4					$	2,744.5
Canada															218.3						236.6
Other Americas															193.4						198.3
France															148.3						140.0
Other Europe															635.4						773.5
Asia															314.0						355.1
Consolidated															$	3,931.8					$	4,448.0

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Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

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Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

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