Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Jan. 01, 2022

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts

Schedule II — Valuation and Qualifying Accounts

Stanley Black & Decker, Inc. and Subsidiaries

Fiscal years ended January 1, 2022, January 2, 2021, and December 28, 2019

(Millions of Dollars)

 

			ADDITIONS
	Beginning Balance		Charged To Costs And Expenses		Charged To Other Accounts (b)		(a) Deductions		Ending Balance
Allowance for Credit Losses:
Year Ended 2021	$	110.9	$	3.9	$	3.9	$	(15.6)	$	103.1
Year Ended 2020	$	94.1	$	29.0	$	8.5	$	(20.7)	$	110.9
Year Ended 2019	$	81.1	$	26.3	$	(4.8)	$	(8.5)	$	94.1
Tax Valuation Allowance:
Year Ended 2021 (c)	$	1,001.9	$	190.7	$	61.1	$	(186.5)	$	1,067.2
Year Ended 2020	$	1,006.4	$	296.9	$	(18.2)	$	(283.2)	$	1,001.9
Year Ended 2019	$	573.6	$	452.1	$	1.2	$	(20.5)	$	1,006.4

(a)With respect to the allowance for credit losses, deductions represent amounts charged-off less recoveries of accounts previously charged-off.

(b)Amounts represent the impact of foreign currency translation, acquisitions and net transfers to/from other accounts.

(c)Refer to Note Q, Income Taxes, of the Notes to Consolidated Financial Statements in Item 8 for further discussion.

The prior year amounts in the table above have been recast to exclude the amounts relating to businesses classified as discontinued operations. Refer to Note T, Divestitures, of the Notes to Consolidated Financial Statements in Item 8 for further discussion.