PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Jan. 03, 2015

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

 PROPERTY, PLANT AND EQUIPMENT

(Millions of Dollars)	2014			2013
Land	$	136.3		$	141.4
Land improvements	34.9			34.2
Buildings	542.8			537.1
Leasehold improvements	89.8			86.3
Machinery and equipment	1,895.9			1,835.8
Computer software	381.0			376.8
Property, plant & equipment, gross	$	3,080.7		$	3,011.6
Less: accumulated depreciation and amortization	(1,626.6		)	(1,533.0		)
Property, plant & equipment, net	$	1,454.1		$	1,478.6

Depreciation and amortization expense associated with property, plant and equipment was as follows:

(Millions of Dollars)	2014		2013		2012
Depreciation	$	229.5	$	208.7	$	210.6
Amortization	33.9		29.3		27.3
Depreciation and amortization expense	$	263.4	$	238.0	$	237.9

The amounts above are inclusive of depreciation and amortization expense for discontinued operations amounting to $2.7 million in 2014, $2.8 million in 2013 and $22.8 million in 2012.