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v3.24.2

BUSINESS SEGMENTS AND GEOGRAPHIC AREAS - Schedule of Segment Net Sales and Profit (Details) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 29, 2024 USD ($) | Jul. 01, 2023 USD ($) | Jun. 29, 2024 USD ($) segment | Jul. 01, 2023 USD ($)
Segment Reporting Information [Line Items] |  |  |  |
Number of reportable segments | segment |  |  | 2 |
Net Sales | $ 4,024.4 | $ 4,158.9 | $ 7,893.9 | $ 8,090.7
Segment Profit | 382.9 | 173.6 | 703.8 | 259.7
Corporate Overhead | (70.3) | (78.8) | (134.5) | (154.5)
Other, net | (226.5) | (66.6) | (306.5) | (130.3)
Loss on sales of businesses | 0.0 | 0.0 | 0.0 | (7.6)
Asset impairment charge | 0.0 | 0.0 | (25.5) | 0.0
Restructuring charges | (29.8) | (4.6) | (44.8) | (16.7)
Interest income | 42.9 | 45.2 | 86.5 | 85.0
Interest expense | (121.3) | (144.6) | (252.8) | (275.5)
(Loss) earnings from continuing operations before income taxes | (22.1) | (75.8) | 26.2 | (239.9)
Tools & Outdoor |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Segment Profit | 316.1 | 102.0 | 571.8 | 120.7
Tools & Outdoor | Operating Segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net Sales | 3,528.7 | 3,542.2 | 6,813.3 | 6,857.6
Restructuring charges | (27.6) |  | (34.6) |
Industrial |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Segment Profit | 66.8 | 71.6 | 132.0 | 139.0
Industrial | Operating Segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net Sales | 495.7 | $ 616.7 | 1,080.6 | $ 1,233.1
Restructuring charges | $ 0.4 |  | $ (5.3) |

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