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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Sep. 30, 2023
Oct. 01, 2022
Income Statement [Abstract]        
Net Sales $ 3,953.9 $ 4,119.6 $ 12,044.6 $ 12,960.6
Costs and Expenses        
Cost of sales 2,893.3 3,101.5 9,216.4 9,430.0
Selling, general and administrative 791.8 799.0 2,449.2 2,597.6
Provision for credit losses 2.5 0.8 7.5 15.2
Other, net 94.0 69.1 224.3 210.2
Loss on sales of businesses 0.0 8.6 7.6 8.4
Asset impairment charges 124.0 0.0 124.0 168.4
Restructuring charges 10.9 68.6 27.6 140.8
Interest income (50.2) (15.4) (135.2) (24.7)
Interest expense 144.6 91.7 420.1 224.6
Costs and Expenses 4,010.9 4,123.9 12,341.5 12,770.5
(Loss) earnings from continuing operations before income taxes (57.0) (4.3) (296.9) 190.1
Income taxes on continuing operations (61.7) (40.9) (291.3) (80.8)
Net earnings (loss) from continuing operations 4.7 36.6 (5.6) 270.9
Less: Net earnings attributable to non-controlling interests 0.0 0.0 0.0 0.2
Net Earnings (Loss) from Continuing Operations Attributable to Common Shareowners 4.7 36.6 (5.6) 270.7
Add: Contract adjustment payments accretion 0.0 0.3 0.0 1.0
Net Earnings (Loss) from Continuing Operations Attributable to Common Shareowners - Diluted 4.7 36.9 (5.6) 271.7
Earnings (loss) from discontinued operations before income taxes (including 2023 pre-tax loss on Security sale of $0.8 million and 2022 pre-tax gain on Security sale of $1,220.0 million) 0.0 1,204.9 (0.8) 1,233.5
Income taxes on discontinued operations (including 2023 income taxes of $0.3 million for loss on Security sale and 2022 income taxes of $390.7 million for gain on Security sale) 0.0 396.9 (0.3) 396.7
Net earnings (loss) from discontinued operations 0.0 808.0 (0.5) 836.8
Net Earnings (Loss) Attributable to Common Shareowners - Diluted 4.7 844.9 (6.1) 1,108.5
Net Earnings (Loss) Attributable to Stanley Black & Decker, Inc. 4.7 844.6 (6.1) 1,107.5
Total Comprehensive (Loss) Income Attributable to Common Shareowners $ (107.1) $ 569.3 $ (94.2) $ 526.8
Basic earnings (loss) per share of common stock:        
Continuing operations (in dollars per share) $ 0.03 $ 0.25 $ (0.04) $ 1.82
Discontinued operations (in dollars per share) 0 5.60 0 5.64
Total basic earnings (loss) per share of common stock (in dollars per share) 0.03 5.85 (0.04) 7.46
Diluted earnings (loss) per share of common stock:        
Continuing operations (in dollars per share) 0.03 0.24 (0.04) 1.72
Discontinued operations (in dollars per share) 0 5.26 0 5.30
Total diluted earnings (loss) per share of common stock (in dollars per share) $ 0.03 $ 5.50 $ (0.04) $ 7.02