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BUSINESS SEGMENTS AND GEOGRAPHIC AREAS (Tables)
12 Months Ended
Dec. 28, 2019
Segment Reporting [Abstract]  
BUSINESS SEGMENTS
BUSINESS SEGMENTS
(Millions of Dollars)
2019
 
2018
 
2017
Net Sales
 
 
 
 
 
Tools & Storage
$
10,062.1

 
$
9,814.0

 
$
9,045.0

Industrial
2,434.7

 
2,187.8

 
1,974.3

Security
1,945.4

 
1,980.6

 
1,947.3

Consolidated
$
14,442.2

 
$
13,982.4

 
$
12,966.6

Segment Profit
 
 
 
 
 
Tools & Storage
$
1,533.3

 
$
1,393.1

 
$
1,438.9

Industrial
334.1

 
319.8

 
345.9

Security
126.6

 
169.3

 
211.7

Segment Profit
1,994.0

 
1,882.2

 
1,996.5

Corporate overhead
(229.5
)
 
(202.8
)
 
(217.4
)
Other, net
(249.1
)
 
(287.0
)
 
(269.2
)
Gain (loss) on sales of businesses
17.0

 
(0.8
)
 
264.1

Pension settlement

 

 
(12.2
)
Restructuring charges
(154.1
)
 
(160.3
)
 
(51.5
)
Loss on debt extinguishment
(17.9
)
 

 

Interest income
53.9

 
68.7

 
40.1

Interest expense
(284.3
)
 
(277.9
)
 
(222.6
)
Earnings before income taxes and equity interest
$
1,130.0

 
$
1,022.1

 
$
1,527.8

Capital and Software Expenditures
 
 
 
 
 
Tools & Storage
$
297.2

 
$
353.7

 
$
327.2

Industrial
89.6

 
95.8

 
76.2

Security
37.9

 
42.6

 
39.0

Consolidated
$
424.7

 
$
492.1

 
$
442.4

Depreciation and Amortization
 
 
 
 
 
Tools & Storage
$
327.8

 
$
300.1

 
$
271.9

Industrial
159.3

 
125.9

 
107.4

Security
73.1

 
80.5

 
81.4

Consolidated
$
560.2

 
$
506.5

 
$
460.7

Segment Assets
 
 
 
 
 
Tools & Storage
$
13,642.4

 
$
13,122.6

 
$
12,870.3

Industrial
4,207.0

 
3,620.5

 
3,413.3

Security
3,448.6

 
3,413.6

 
3,407.0

 
21,298.0

 
20,156.7

 
19,690.6

Corporate assets
(701.4
)
 
(748.7
)
 
(592.9
)
Consolidated
$
20,596.6

 
$
19,408.0

 
$
19,097.7


GEOGRAPHIC AREAS
GEOGRAPHIC AREAS
 
(Millions of Dollars)
2019
 
2018
 
2017
Net Sales
 
 
 
 
 
United States
$
8,472.1

 
$
7,700.3

 
$
7,025.7

Canada
609.9

 
628.3

 
583.3

Other Americas
717.9

 
801.5

 
790.7

France
610.2

 
627.8

 
623.8

Other Europe
2,870.8

 
2,989.9

 
2,791.1

Asia
1,161.3

 
1,234.6

 
1,152.0

Consolidated
$
14,442.2

 
$
13,982.4

 
$
12,966.6

Property, Plant & Equipment
 
 
 
 
 
United States
$
1,046.8

 
$
1,018.3

 
$
850.2

Canada
27.4

 
25.5

 
30.0

Other Americas
117.9

 
112.7

 
111.2

France
57.3

 
63.9

 
65.1

Other Europe
352.3

 
356.9

 
378.0

Asia
357.8

 
337.9

 
308.0

Consolidated
$
1,959.5

 
$
1,915.2

 
$
1,742.5