GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Jan. 02, 2021

GOODWILL — The 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
Acquisitions	(1.3)		320.5		8.2		327.4
Foreign currency translation and other	8.8		(4.7)		(50.7)		(46.6)
Balance December 28, 2019	$	5,161.8	$	1,995.5	$	2,080.2	$	9,237.5
Acquisitions	0.1		635.7		14.9		650.7
Foreign currency translation and other	85.8		15.3		48.8		149.9
Balance January 2, 2021	$	5,247.7	$	2,646.5	$	2,143.9	$	10,038.1

INTANGIBLE ASSETS — Intangible assets at January 2, 2021 and December 28, 2019 were as follows:


	2020				2019
(Millions of Dollars)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Amortized Intangible Assets — Definite lived
Patents and copyrights	$	45.5	$	(44.0)	$	42.4	$	(41.5)
Trade names	220.8		(141.1)		194.5		(127.2)
Customer relationships	3,369.1		(1,634.0)		2,739.0		(1,421.7)
Other intangible assets	232.4		(190.9)		233.1		(182.9)
Total	$	3,867.8	$	(2,010.0)	$	3,209.0	$	(1,773.3)

Intangible assets amortization expense by segment was as follows: