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BUSINESS SEGMENTS AND GEOGRAPHIC AREAS (Tables)
9 Months Ended
Sep. 27, 2025
Segment Reporting [Abstract]  
Schedule of Net Sales and Segment Profit
(Millions of Dollars)Third Quarter 2025
Tools & OutdoorEngineered FasteningTotal
Net Sales$3,255.5 $500.5 $3,756.0 
Cost of sales2,221.2355.7
Selling, general and administrative651.185.0
Segment Profit$383.2 $59.8 $443.0 
Corporate overhead(54.9)
Other, net(72.2)
Asset impairment charges(169.1)
Restructuring charges(32.1)
Interest income50.0 
Interest expense(129.1)
Earnings from continuing operations before income taxes$35.6 
(Millions of Dollars)Year-to-Date 2025
Tools & OutdoorEngineered FasteningTotal
Net Sales$9,997.8 $1,448.0 $11,445.8 
Cost of sales7,037.61,039.7
Selling, general and administrative2,049.7274.5
Segment Profit$910.5 $133.8 $1,044.3 
Corporate overhead(209.0)
Other, net(187.4)
Loss on sale of business(0.3)
Asset impairment charges(169.1)
Restructuring charges(52.1)
Interest income148.1 
Interest expense(384.6)
Earnings from continuing operations before income taxes$189.9 

(Millions of Dollars)Third Quarter 2024
Tools & OutdoorEngineered FasteningTotal
Net Sales$3,263.3 $488.0 $3,751.3 
Cost of sales2,298.8331.8
Selling, general and administrative637.086.0
Segment Profit$327.5 $70.2 $397.7 
Corporate overhead(74.2)
Other, net(86.4)
Asset impairment charges(46.9)
Restructuring charges(22.1)
Interest income52.8 
Interest expense(131.4)
Earnings from continuing operations before income taxes$89.5 
(Millions of Dollars)Year-to-Date 2024
Tools & OutdoorEngineered FasteningTotal
Net Sales$10,076.6 $1,568.6 $11,645.2 
Cost of sales7,173.51,101.7
Selling, general and administrative2,003.8264.7
Segment Profit$899.3 $202.2 $1,101.5 
Corporate overhead(208.7)
Other, net(392.9)
Asset impairment charges(72.4)
Restructuring charges(66.9)
Interest income139.3 
Interest expense(384.2)
Earnings from continuing operations before income taxes$115.7 
(Millions of Dollars)Third QuarterYear-to-Date
2025202420252024
Capital and Software Expenditures
Tools & Outdoor$54.1 $72.3 $174.8 $205.2 
Engineered Fastening11.8 14.2 35.7 34.2 
Consolidated$65.9 $86.5 $210.5 $239.4 
Depreciation and Amortization
Tools & Outdoor$100.1 $121.9 $299.1 $349.6 
Engineered Fastening30.1 32.8 89.6 100.3 
Consolidated$130.2 $154.7 $388.7 $449.9 

(Millions of Dollars)September 27, 2025December 28, 2024
Segment Assets
Tools & Outdoor$18,279.8 $18,135.8 
Engineered Fastening3,997.4 3,962.9 
22,277.2 22,098.7 
Corporate assets(523.3)(249.8)
Consolidated$21,753.9 $21,848.9 
Schedule of Net Sales by Geographic Area
The following table is a summary of net sales by geographic area for the three and nine months ended September 27, 2025 and September 28, 2024:

(Millions of Dollars)Third QuarterYear-to-Date
2025202420252024
United States$2,323.0 $2,337.7 $7,080.7 $7,209.1 
Canada159.3 177.2 530.3 582.8 
Other Americas227.8 229.2 618.9 664.5 
Europe742.6 703.2 2,324.1 2,291.8 
Asia303.3 304.0 891.8 897.0 
Consolidated$3,756.0 $3,751.3 $11,445.8 $11,645.2