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INVENTORIES
9 Months Ended
Sep. 26, 2020
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
The components of Inventories, net at September 26, 2020 and December 28, 2019 are as follows:
(Millions of Dollars)September 26, 2020December 28, 2019
Finished products$2,015.5 $1,526.0 
Work in process221.2 162.0 
Raw materials638.0 567.0 
Total$2,874.7 $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 $126.9 million. Refer to Note F, Acquisitions and Investments, for further discussion of the CAM acquisition.