Other Financial Information

6 Months Ended

Jul. 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:

	July 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 46% of the Company's inventory at July 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 (dollars in millions):

	Useful Life in Years	July 4, 2015			January 3, 2015
Land and Improvements		$	86.3		$	68.8
Buildings and Improvements	3 - 50	295.7			235.4
Machinery and Equipment	3 - 15	934.7			812.1
Property, Plant and Equipment		1,316.7			1,116.3
Less: Accumulated Depreciation		(606.7		)	(584.8		)
Net Property, Plant and Equipment		$	710.0		$	531.5