ACCRUED EXPENSES

12 Months Ended

Dec. 30, 2017

Payables and Accruals [Abstract]

ACCRUED EXPENSES

ACCRUED EXPENSES

Accrued expenses at December 30, 2017 and December 31, 2016 were as follows:

(Millions of Dollars)	2017		2016
Payroll and related taxes	$	339.5	$	268.0
Income and other taxes	142.1		117.6
Customer rebates and sales returns	95.0		68.2
Insurance and benefits	73.7		87.4
Accrued restructuring costs	23.2		35.6
Derivative financial instruments	103.1		49.8
Warranty costs	71.3		68.8
Deferred revenue	98.9		81.9
Other	405.3		324.2
Total	$	1,352.1	$	1,101.5