GOODWILL (Tables)

3 Months Ended

Apr. 02, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill by Segment

Changes in the carrying amount of goodwill by segment are as follows:

(Millions of Dollars)	Tools & Outdoor		Industrial		Total
Balance January 1, 2022	$	5,973.7	$	2,617.0	$	8,590.7
Acquisitions	40.1		—		40.1
Foreign currency translation	(25.8)		(8.0)		(33.8)
Balance April 2, 2022	$	5,988.0	$	2,609.0	$	8,597.0