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RESTRUCTURING CHARGES
 12 Months Ended
Jan. 01, 2022
Restructuring and Related Activities [Abstract]  
RESTRUCTURING CHARGES RESTRUCTURING CHARGES
A summary of the restructuring reserve activity from January 2, 2021 to January 1, 2022 is as follows:
(Millions of Dollars)January 2, 2021Net
Additions 		UsageCurrencyJanuary 1, 2022
Severance and related costs$77.8 $(3.5)$(47.9)$2.0 $28.4 
Facility closures and asset impairments2.0 18.0 (16.5)— 3.5 
Total$79.8 $14.5 $(64.4)$2.0 $31.9 
During 2021, the Company recognized net restructuring charges of $14.5 million, primarily related to facility closures and asset impairments.
The majority of the $31.9 million of reserves remaining as of January 1, 2022 is expected to be utilized within the next 12 months.

Segments: The $15 million of net restructuring charges for the year ended January 1, 2022 includes: $8 million pertaining to the Tools & Storage segment; $2 million pertaining to the Industrial segment; and $5 million pertaining to Corporate.