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BUSINESS SEGMENTS AND GEOGRAPHIC AREAS (Tables)

12 Months Ended

Dec. 28, 2024

Segment Reporting [Abstract]

Schedule of Net Sales, Segment Profit, Capital and Software Expenditures, Depreciation and Amortization and Segment Assets

BUSINESS SEGMENTS

(Millions of Dollars)			2024
			Tools & Outdoor						Industrial						Total
Net Sales			$	13,304.2					$	2,061.5					$	15,365.7
Cost of sales			9,404.0						1,452.0
Selling, general and administrative			2,702.8						354.6
Segment Profit			$	1,197.4					$	254.9					$	1,452.3
Corporate Overhead															(270.6)
Other, net															(448.8)
Restructuring charges															(99.9)
Asset impairment charges															(72.4)
Interest income															179.1
Interest expense															(498.6)
Earnings from continuing operations before income taxes															$	241.1

(Millions of Dollars)			2023
			Tools & Outdoor						Industrial						Total
Net Sales			$	13,367.1					$	2,414.0					$	15,781.1
Cost of sales			10,090.2						1,758.2
Selling, general and administrative			2,589.3						389.3
Segment Profit			$	687.6					$	266.5					$	954.1
Corporate Overhead															(312.2)
Other, net															(320.1)
Loss on sales of businesses															(10.8)
Restructuring charges															(39.4)
Asset impairment charges															(274.8)
Interest income															186.9
Interest expense															(559.4)
Loss from continuing operations before income taxes															$	(375.7)

(Millions of Dollars)			2022
			Tools & Outdoor						Industrial						Total
Net Sales			$	14,423.7					$	2,523.4					$	16,947.1
Cost of sales			10,803.9						1,862.6
Selling, general and administrative			2,647.9						424.6
Segment Profit			$	971.9					$	236.2					$	1,208.1
Corporate Overhead															(294.0)
Other, net															(274.8)
Loss on sales of businesses															(8.4)
Restructuring charges															(140.8)
Asset impairment charges															(168.4)
Interest income															54.7
Interest expense															(338.5)
Earnings from continuing operations before income taxes															$	37.9

(Millions of Dollars)			2024						2023						2022
Capital and Software Expenditures
Tools & Outdoor			$	301.5					$	264.7					$	438.5
Industrial			52.4						74.0						85.6
Discontinued operations			—						—						6.3
Consolidated			$	353.9					$	338.7					$	530.4
Depreciation and Amortization
Tools & Outdoor			$	456.8					$	453.5					$	387.6
Industrial			132.7						171.6						184.2
Discontinued operations			—						—						0.4
Consolidated			$	589.5					$	625.1					$	572.2

Segment Assets			December 28, 2024						December 30, 2023
Tools & Outdoor			$	18,135.8					$	18,960.8
Industrial			3,962.9						4,081.7
			22,098.7						23,042.5
Assets held for sale			—						857.6
Corporate assets			(249.8)						(236.3)
Consolidated			$	21,848.9					$	23,663.8

Schedule of Disaggregation of Industrial Segment Revenue

The following table is a further disaggregation of the Industrial segment revenue for the years ended December 28, 2024, December 30, 2023 and December 31, 2022:

(Millions of Dollars)			2024						2023						2022
Engineered Fastening			$	1,968.9					$	1,965.4					$	1,874.8
Infrastructure			92.6						448.6						648.6
Industrial			$	2,061.5					$	2,414.0					$	2,523.4

Schedule of Net Sales and Property Plant and Equipment, Net by Geographic Area

(Millions of Dollars)			2024						2023						2022
Net Sales
United States			$	9,505.4					$	9,861.3					$	10,733.1
Canada			739.5						761.5						835.7
Other Americas			879.7						870.9						839.4
Europe			3,018.3						3,024.7						3,154.7
Asia			1,222.8						1,262.7						1,384.5
Consolidated			$	15,365.7					$	15,781.1					$	16,947.4

(Millions of Dollars)			December 28, 2024						December 30, 2023
Property, Plant & Equipment, net
United States			$	1,256.8					$	1,306.5
Canada			5.6						7.2
Other Americas			208.4						253.2
Europe			273.4						300.0
Asia			290.1						303.0
Consolidated			$	2,034.3					$	2,169.9

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

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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