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GOODWILL AND INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill by Segment
GOODWILL — The changes in the carrying amount of goodwill by segment are as follows:
 
(Millions of Dollars)
Tools & Storage
 
Security
 
Industrial
 
Total
Balance January 2, 2016
$
3,343.4

 
$
2,317.2

 
$
1,423.7

 
$
7,084.3

Reclassification to Assets held for sale
(5.7
)
 
(297.1
)
 
—

 
(302.8
)
Acquisitions
3.0

 
21.6

 
—

 
24.6

Foreign currency translation and other
(92.9
)
 
(34.7
)
 
15.5

 
(112.1
)
Balance December 31, 2016
$
3,247.8

 
$
2,007.0

 
$
1,439.2

 
$
6,694.0
Intangible Assets
INTANGIBLE ASSETS — Intangible assets at December 31, 2016 and January 2, 2016 were as follows:
 
 
2016
 
2015
(Millions of Dollars)
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Gross
Carrying
Amount
 
Accumulated
Amortization
Amortized Intangible Assets — Definite lives
 
 
 
 
 
 
 
Patents and copyrights
$
40.7

 
$
(36.5
)
 
$
50.6

 
$
(44.2
)
Trade names
152.0

 
(100.4
)
 
164.8

 
(100.8
)
Customer relationships
1,614.6

 
(978.9
)
 
1,774.2

 
(995.5
)
Other intangible assets
258.2

 
(158.7
)
 
263.3

 
(148.7
)
Total
$
2,065.5

 
$
(1,274.5
)
 
$
2,252.9

 
$
(1,289.2
)
Aggregate Intangible Assets Amortization Expense by Segment
Aggregate intangible assets amortization expense by segment was as follows:
(Millions of Dollars)
2016
 
2015
 
2014
Tools & Storage
$
36.8

 
$
39.0

 
$
40.7

Security
57.8

 
61.3

 
78.8

Industrial
49.8

 
56.8

 
66.9

Consolidated
$
144.4

 
$
157.1

 
$
186.4