LONG-TERM DEBT AND FINANCING ARRANGEMENTS (Tables)

12 Months Ended

Jan. 02, 2016

Debt Disclosure [Abstract]

Long-Term Debt and Financing Arrangements

Long-term debt and financing arrangements at January 2, 2016 and January 3, 2015 follow:

(Millions of Dollars)	Interest Rate	2015			2014
Notes payable due 2018*	*	$	632.5		$	632.5
Notes payable due 2018 (junior subordinated)	2.25%	345.0			345.0
Notes payable due 2021	3.40%	407.9			403.9
Notes payable due 2022	2.90%	753.9			753.8
Notes payable due 2028	7.05%	167.0			166.0
Notes payable due 2040	5.20%	363.5			362.1
Notes payable due 2052 (junior subordinated)	5.75%	750.0			750.0
Notes payable due 2053 (junior subordinated)	5.75%	402.7			398.7
Other, payable in varying amounts through 2019	0.00% - 2.43%	19.2			33.7
Total long-term debt, including current maturities		$	3,841.7		$	3,845.7
Less: Current maturities of long-term debt		(5.1		)	(5.9		)
Long-term debt		$	3,836.6		$	3,839.8