PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 29, 2018

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

D. PROPERTY, PLANT AND EQUIPMENT

(Millions of Dollars)	2018			2017
Land	$	115.9		$	110.9
Land improvements	52.2			53.0
Buildings	625.6			611.8
Leasehold improvements	157.8			140.0
Machinery and equipment	2,566.1			2,343.7
Computer software	452.5			400.1
Property, plant & equipment, gross	$	3,970.1		$	3,659.5
Less: accumulated depreciation and amortization	(2,054.9		)	(1,917.0		)
Property, plant & equipment, net	$	1,915.2		$	1,742.5

Depreciation and amortization expense associated with property, plant and equipment was as follows:

(Millions of Dollars)	2018		2017		2016
Depreciation	$	288.4	$	253.6	$	221.8
Amortization	42.8		43.3		41.8
Depreciation and amortization expense	$	331.2	$	296.9	$	263.6