XML 64 R11.htm IDEA: XBRL DOCUMENT v2.4.1.9
Other Financial Information
 3 Months Ended
Apr. 04, 2015
Balance Sheet Related Disclosures [Abstract]  
Other Financial Information
OTHER FINANCIAL INFORMATION
Inventories
The approximate percentage distribution between major classes of inventories was as follows (in millions):
 
April 4,
2015
 
January 3,
2015
Raw Material and Work in Process
46%
 
45%
Finished Goods and Purchased Parts
54%
 
55%


Inventories are stated at cost, which is not in excess of market. Cost for approximately 47% of the Company's inventory at April 4, 2015, and 52% at January 3, 2015 was determined using the LIFO method.
Property, Plant and Equipment
Property, plant, and equipment by major classification was as follows (in millions):
 
Useful Life in Years
 
April 4,
2015
 
January 3,
2015
Land and Improvements
 
 
$
78.7

 
$
68.8

Buildings and Improvements
3 - 50
 
387.1

 
235.4

Machinery and Equipment
3 - 15
 
837.5

 
812.1

Property, Plant and Equipment
 
 
1,303.3

 
1,116.3

Less: Accumulated Depreciation
 
 
(588.5
)
 
(584.8
)
Net Property, Plant and Equipment
 
 
$
714.8

 
$
531.5