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Goodwill
 9 Months Ended
Sep. 28, 2019
Notes To Financial Statements [Abstract]  
Goodwill GOODWILL
Changes in the carrying amount of goodwill by segment are as follows:
(Millions of Dollars)
Tools & Storage
 
Industrial
 
Security
 
Total
Balance December 29, 2018
$
5,154.3

 
$
1,679.7

 
$
2,122.7

 
$
8,956.7

Acquisition adjustments
(1.3
)
 
323.8

 
4.7

 
327.2

Foreign currency translation and other
(41.8
)
 
(2.9
)
 
(79.2
)
 
(123.9
)
Balance September 28, 2019
$
5,111.2

 
$
2,000.6

 
$
2,048.2

 
$
9,160.0



In accordance with ASC 350, Intangibles - Goodwill and Other, a portion of the goodwill associated with the Security segment was allocated to the aforementioned Sargent & Greenleaf divestiture based on the relative fair value of the business disposed of and the portion of the reporting unit that was retained. Accordingly, goodwill for the Security segment was reduced by
$33.8 million and included in the gain on sale of Sargent & Greenleaf in the second quarter of 2019. Refer to Note T, Divestitures, for further discussion.