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Business Segments (Tables)
 9 Months Ended
Sep. 29, 2018
Notes To Financial Statements [Abstract]  
Business Segments
 
Third Quarter
 
Year-to-Date
(Millions of Dollars)
2018
 
20171
 
2018
 
20171
NET SALES

 

 
 
 
 
Tools & Storage
$
2,448.0

 
$
2,369.2

 
$
7,231.6

 
$
6,571.5

Industrial
562.0

 
510.9

 
1,639.3

 
1,494.0

Security
484.8

 
479.3

 
1,476.8

 
1,436.9

Total
$
3,494.8

 
$
3,359.4

 
$
10,347.7

 
$
9,502.4

SEGMENT PROFIT

 

 
 
 
 
Tools & Storage
$
356.2

 
$
394.1

 
$
1,056.2

 
$
1,050.5

Industrial
88.4

 
92.2

 
254.4

 
272.0

Security
47.4

 
54.0

 
141.0

 
156.5

Segment profit
492.0

 
540.3

 
1,451.6

 
1,479.0

Corporate overhead
(52.5
)
 
(56.2
)
 
(150.7
)
 
(150.1
)
Other, net
59.4

 
60.5

 
236.7

 
216.3

Loss (gain) on sales of businesses
—

 
3.2

 
0.8

 
(265.1
)
Pension settlement
—

 
—

 
—

 
12.8

Restructuring charges
21.8

 
19.1

 
58.1

 
42.9

Interest expense
72.1

 
57.2

 
204.3

 
164.5

Interest income
(18.7
)
 
(10.3
)
 
(50.1
)
 
(28.6
)
Earnings before income taxes
$
304.9

 
$
354.4

 
$
851.1

 
$
1,186.1
Summary of Total Assets by Segment
he following table is a summary of total assets by segment as of September 29, 2018 and December 30, 2017:
(Millions of Dollars)
September 29,
2018
 
December 30, 20171
Tools & Storage
$
13,702.4

 
$
12,817.5

Industrial
3,913.0

 
3,413.3

Security
3,477.5

 
3,406.9

 
21,092.9

 
19,637.7

Corporate assets
(645.2
)
 
(540.0
)
Consolidated
$
20,447.7

 
$
19,097.7