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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Oct. 02, 2021
Sep. 26, 2020
Oct. 02, 2021
Sep. 26, 2020
Income Statement [Abstract]        
Net Sales $ 4,263.2 $ 3,850.2 $ 12,761.2 $ 10,127.0
Costs and Expenses        
Cost of sales 2,871.7 2,473.9 8,261.8 6,714.9
Selling, general and administrative 895.2 731.3 2,645.1 2,182.1
Provision for credit losses 3.6 7.6 8.2 37.3
Other, net 39.5 74.3 152.3 236.1
Loss on sales of businesses 0.0 0.0 3.6 0.0
Restructuring charges 5.8 42.8 22.1 74.6
Interest expense 45.8 52.7 139.8 169.7
Interest income (2.3) (2.0) (7.9) (14.6)
Costs and Expenses 3,859.3 3,380.6 11,225.0 9,400.1
Earnings before income taxes and equity interest 403.9 469.6 1,536.2 726.9
Income tax expense (benefit) (0.4) 78.4 192.8 (26.0)
Net earnings before equity interest 404.3 391.2 1,343.4 752.9
Share of net earnings of equity method investment 9.8 4.0 16.0 14.1
Net earnings 414.1 395.2 1,359.4 767.0
Less: Net (losses) earnings attributable to non-controlling interests (0.1) 0.3 (1.7) 0.5
Net earnings attributable to Stanley Black & Decker, Inc. 414.2 394.9 1,361.1 766.5
Less: Preferred stock dividends 0.0 9.4 14.2 14.1
Add: Contract adjustment payments accretion 0.4 0.0 0.9 0.0
Net Earnings Attributable to Common Shareowners 414.6 385.5 1,347.8 752.4
Total Comprehensive Income Attributable to Common Shareowners $ 326.8 $ 465.0 $ 1,186.7 $ 675.9
Earnings per share of common stock:        
Basic (in dollars per share) $ 2.60 $ 2.47 $ 8.50 $ 4.91
Diluted (in dollar per share) 2.51 2.44 8.17 4.86
Dividends per share of common stock (in dollars per share) $ 0.79 $ 0.70 $ 2.19 $ 2.08
Weighted Average Shares Outstanding:        
Basic (in shares) 159,444 156,370 158,494 153,345
Diluted (in shares) 165,336 157,971 164,900 154,759