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BUSINESS SEGMENTS AND GEOGRAPHIC AREAS (Tables)
12 Months Ended
Dec. 29, 2018
Segment Reporting [Abstract]  
BUSINESS SEGMENTS
BUSINESS SEGMENTS
(Millions of Dollars)
2018
 
2017 1
 
2016 1
Net Sales
 
 
 
 
 
Tools & Storage
$
9,814.0

 
$
9,045.0

 
$
7,619.2

Industrial
2,187.8

 
1,974.3

 
1,864.0

Security
1,980.6

 
1,947.3

 
2,110.3

Consolidated
$
13,982.4

 
$
12,966.6

 
$
11,593.5

Segment Profit
 
 
 
 
 
Tools & Storage
$
1,393.1

 
$
1,438.9

 
$
1,258.4

Industrial
319.8

 
345.9

 
300.1

Security
169.3

 
211.7

 
267.9

Segment Profit
1,882.2

 
1,996.5

 
1,826.4

Corporate overhead
(202.8
)
 
(217.4
)
 
(190.9
)
Other, net
(287.0
)
 
(269.2
)
 
(185.9
)
(Loss) gain on sales of businesses
(0.8
)
 
264.1

 

Pension settlement

 
(12.2
)
 

Restructuring charges and asset impairments
(160.3
)
 
(51.5
)
 
(49.0
)
Interest income
68.7

 
40.1

 
23.2

Interest expense
(277.9
)
 
(222.6
)
 
(194.5
)
Earnings before income taxes
$
1,022.1

 
$
1,527.8

 
$
1,229.3

Capital and Software Expenditures
 
 
 
 
 
Tools & Storage
$
353.7

 
$
327.2

 
$
227.3

Industrial
95.8

 
76.2

 
81.1

Security
42.6

 
39.0

 
38.6

Consolidated
$
492.1

 
$
442.4

 
$
347.0

Depreciation and Amortization
 
 
 
 
 
Tools & Storage
$
300.1

 
$
271.9

 
$
203.0

Industrial
125.9

 
107.4

 
106.8

Security
80.5

 
81.4

 
98.2

Consolidated
$
506.5

 
$
460.7

 
$
408.0

Segment Assets
 
 
 
 
 
Tools & Storage
$
13,122.6

 
$
12,870.3

 
$
8,524.9

Industrial
3,620.5

 
3,413.3

 
3,359.3

Security
3,413.6

 
3,407.0

 
3,139.2

 
20,156.7

 
19,690.6

 
15,023.4

Assets held for sale

 

 
523.4

Corporate assets
(748.7
)
 
(592.9
)
 
108.2

Consolidated
$
19,408.0

 
$
19,097.7

 
$
15,655.0

GEOGRAPHIC AREAS
GEOGRAPHIC AREAS
 
(Millions of Dollars)
2018
 
2017 1
 
2016 1
Net Sales
 
 
 
 
 
United States
$
7,700.3

 
$
7,025.7

 
$
6,280.8

Canada
628.3

 
583.3

 
519.8

Other Americas
801.5

 
790.7

 
650.4

France
627.8

 
623.8

 
595.1

Other Europe
2,989.9

 
2,791.1

 
2,457.7

Asia
1,234.6

 
1,152.0

 
1,089.7

Consolidated
$
13,982.4

 
$
12,966.6

 
$
11,593.5

Property, Plant & Equipment
 
 
 
 
 
United States
$
1,018.3

 
$
850.2

 
$
663.4

Canada
25.5

 
30.0

 
29.3

Other Americas
112.7

 
111.2

 
95.8

France
63.9

 
65.1

 
57.5

Other Europe
356.9

 
378.0

 
322.3

Asia
337.9

 
308.0

 
282.9

Consolidated
$
1,915.2

 
$
1,742.5

 
$
1,451.2