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INVENTORIES
 6 Months Ended
Jun. 27, 2020
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
The components of Inventories, net at June 27, 2020 and December 28, 2019 are as follows:
(Millions of Dollars)June 27, 2020December 28, 2019
Finished products$1,889.7  $1,526.0  
Work in process227.9  162.0  
Raw materials635.8  567.0  
Total$2,753.4  $2,255.0  
As part of the CAM acquisition in the first quarter of 2020, the Company acquired net inventory with an estimated fair value of $127.6 million. Refer to Note F, Acquisitions and Investments, for further discussion of the CAM acquisition.