RESTRUCTURING CHARGES (Tables)

6 Months Ended

Jul. 02, 2022

Restructuring and Related Activities [Abstract]

Summary of Restructuring Reserve Activity

A summary of the restructuring reserve activity from January 1, 2022 to July 2, 2022 is as follows: 

(Millions of Dollars)	January 1, 2022		Net Additions		Usage		Currency		July 2, 2022
Severance and related costs	$	28.2	$	64.6	$	(43.5)	$	2.1	$	51.4
Facility closures and asset impairments	3.5		7.6		(8.6)		0.1		2.6
Total	$	31.7	$	72.2	$	(52.1)	$	2.2	$	54.0