PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Jan. 01, 2022

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

(Millions of Dollars)	2021		2020
Land	$	143.1	$	136.7
Land improvements	61.2		56.5
Buildings	745.9		639.9
Leasehold improvements	169.6		162.9
Machinery and equipment	3,412.9		2,984.3
Computer software	476.3		425.5
Property, plant & equipment, gross	$	5,009.0	$	4,405.8
Less: accumulated depreciation and amortization	(2,661.9)		(2,432.7)
Property, plant & equipment, net	$	2,347.1	$	1,973.1

Depreciation and Amortization Expense Associated with Property, Plant and Equipment

Depreciation and amortization expense associated with property, plant and equipment was as follows:

(Millions of Dollars)	2021		2020		2019
Depreciation	$	326.3	$	332.6	$	325.2
Amortization	47.7		43.9		47.6
Depreciation and amortization expense	$	374.0	$	376.5	$	372.8