DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Jan. 03, 2015

Discontinued Operations and Disposal Groups [Abstract]

Operating Results, Assets and Liabilities of Divested Businesses

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



(Millions of Dollars)	2014			2013			2012
Net Sales	$	118.4		$	150.1		$	1,099.7
(Loss) earnings from discontinued operations before income taxes (including pretax gain on HHI sale of $384.7 million in 2012)	$	(104.0	)	$	(43.0	)	$	497.9
Income tax (benefit) expense on discontinued operations (including income taxes for gain on HHI sale of $25.8 million in 2012)	(7.7		)	(13.3		)	72.2
Net (loss) earnings from discontinued operations	$	(96.3	)	$	(29.7	)	$	425.7

- 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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