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Business Segments (Tables)
 3 Months Ended
Apr. 01, 2017
Notes To Financial Statements [Abstract]  
Business Segments
 
Year-to-Date
(Millions of Dollars)
2017
 
2016
NET SALES
 
 
 
Tools & Storage
$
1,854.5

 
$
1,706.9

Security
478.5

 
504.2

Industrial
472.6

 
461.0

Total
$
2,805.6

 
$
2,672.1

SEGMENT PROFIT
 
 
 
Tools & Storage
$
287.3

 
$
262.0

Security
50.9

 
60.2

Industrial
86.3

 
76.0

Segment profit
424.5

 
398.2

Corporate overhead
(43.9
)
 
(48.4
)
Other, net
(106.2
)
 
(46.2
)
Gain on sales of businesses
269.2

 
—

Pension settlement
(12.5
)
 
—

Restructuring charges
(15.8
)
 
(8.0
)
Interest expense
(51.3
)
 
(47.3
)
Interest income
8.6

 
5.8

Earnings before income taxes
$
472.6

 
$
254.1
Summary of Total Assets by Segment
he following table is a summary of total assets by segment as of April 1, 2017 and December 31, 2016:
(Millions of Dollars)
April 1,
2017
 
December 31,
2016
Tools & Storage
$
12,507.6

 
$
8,512.4

Security
3,152.8

 
3,139.0

Industrial
3,434.8

 
3,359.0

 
19,095.2

 
15,010.4

Assets held for sale
—

 
523.4

Corporate assets
(433.1
)
 
101.1

Consolidated
$
18,662.1

 
$
15,634.9