ACCRUED EXPENSES (Tables)

12 Months Ended

Jan. 02, 2021

Payables and Accruals [Abstract]

Accrued Expenses

Accrued expenses at January 2, 2021 and December 28, 2019 were as follows:

(Millions of Dollars)	2020		2019
Payroll and related taxes	$	324.2	$	262.4
Income and other taxes	241.0		243.9
Customer rebates and sales returns	229.6		112.0
Insurance and benefits	80.4		69.8
Restructuring costs	90.2		147.8
Derivative financial instruments	185.3		22.4
Warranty costs	81.5		69.6
Deferred revenue	108.7		108.9
Freight costs	93.5		72.9
Environmental costs	46.7		57.8
Deferred purchase price	—		249.2
Current lease liability	138.8		141.3
Other	490.5		419.5
Total	$	2,110.4	$	1,977.5