XML 53 R42.htm IDEA: XBRL DOCUMENT v3.23.3
DIVESTITURES (Tables)
 9 Months Ended
Sep. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Operating Results of Discontinued Operations Summarized operating results of discontinued operations are presented in the following table for the three and nine months ended September 30, 2023 and October 1, 2022:
Third QuarterYear-to-Date
(Millions of Dollars)2023202220232022
Net Sales$— $78.2 $— $1,056.3 
Cost of sales— 49.0 — 687.5 
Selling, general, and administrative(1)
— 30.2 — 308.0 
Other, net and restructuring charges— 14.1 — 47.3 
Gain (loss) on sale of discontinued operations$— $1,220.0 $(0.8)$1,220.0 
Earnings (loss) from discontinued operations before income taxes$— $1,204.9 $(0.8)$1,233.5 
Income taxes on discontinued operations— 396.9 (0.3)396.7 
Net earnings (loss) from discontinued operations$— $808.0 $(0.5)$836.8 
(1) Includes provision for credit losses.

The following table presents the significant non-cash items and capital expenditures for the discontinued operations with respect to CSS and MAS that are included in the Condensed Consolidated Statements of Cash Flows for the three and nine months ended October 1, 2022:

(Millions of Dollars)Third Quarter 2022Year-to-Date 2022
Depreciation and amortization$— $0.4 
Capital expenditures$— $6.3 
Stock-based compensation$(1.0)$17.5