DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 29, 2012

Discontinued Operations and Disposal Groups [Abstract]

Operating Results, Assets and Liabilities of Divested Businesses

Summarized operating results of discontinued operations are presented in the following table:



(Millions of Dollars)	2012		2011		2010
Net Sales	$	930.6	$	1,001.9	$	913.0
Earnings from discontinued operations before income taxes (including pretax gain on HHI sale of $384.7 million in 2012)	$	503.5	$	114.9	$	68.4
Income taxes on discontinued operations (including income taxes for gain on HHI sale of $25.8 million in 2012)	69.2		38.7		20.8
Net earnings from discontinued operations	$	434.3	$	76.2	$	47.6

The carrying amounts of the assets and liabilities that were aggregated in assets held for sale and liabilities held for sale as of December 31, 2011 are presented in the following table:



(Millions of Dollars)		2011
Accounts and notes receivable, net		108.2
Inventories, net		167.7
Property, Plant and Equipment, net		108.3
Goodwill and other intangibles, net		655.0
Other Assets		11.0
Total assets		1,050.2

Accounts payable and accrued expenses		152.5
Other liabilities		61.4
Total liabilities		213.9

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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