Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Working Capital

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- Definition

Equity Method, Fair Value, Remeasurement

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Equity Method Investment, Fair Value Adjustment

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Weighted average amortization period of finite-lived intangible assets acquired either individually or as part of a group of assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

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- Definition

Percentage of voting equity interests acquired at the acquisition date in the business combination.

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- Definition

The amount of goodwill arising from a business combination that is expected to be deductible for tax purposes.

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- Definition

Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer.

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- Definition

Amount of deferred tax liability attributable to taxable temporary differences assumed at the acquisition date.

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- Definition

The amount of identifiable intangible assets recognized as of the acquisition date.

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- Definition

Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed.

+ References

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- Definition

The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting.

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- Definition

Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.

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- Definition

The number of businesses acquired by the entity during the period.

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The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price.

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The cash outflow associated with the purchase of or advances to an equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence.

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ACQUISITIONS AND INVESTMENTS - Additional Information (Details) $ in Millions			1 Months Ended	3 Months Ended	6 Months Ended	12 Months Ended
	Dec. 01, 2021 USD ($)	Nov. 12, 2021 USD ($)	Jan. 31, 2019 USD ($)	Jan. 01, 2022 USD ($)	Jul. 02, 2022 USD ($) business	Jan. 01, 2022 USD ($) business
Business Acquisition [Line Items]
Goodwill				$ 8,590.7	$ 8,459.1	$ 8,590.7
Number of businesses acquired \| business					0
MTD
Business Acquisition [Line Items]
Percent of ownership interest acquired			20.00%
Cash paid for equity method investment			$ 234.0
MTD
Business Acquisition [Line Items]
Percentage of voting interests acquired	80.00%
Estimated purchase price	$ 1,500.0
Equity method investment remeasured at fair value	$ 295.1
Equity method investment, fair value adjustment				68.0
Weighted average useful life of intangible assets	15 years
Estimate of tax deductible goodwill	$ 0.6
Total consideration	1,936.7
Deferred tax liabilities	205.4
Estimated acquisition date value	1,486.7
Goodwill	$ 450.0
Excel Industries
Business Acquisition [Line Items]
Weighted average useful life of intangible assets		14 years
Estimate of tax deductible goodwill		$ 0.6
Total consideration		373.7
Working capital acquired		36.7
Deferred tax liabilities		48.5
Finite-lived intangible assets		203.5
Estimated acquisition date value		200.4
Goodwill		173.3
Excel Industries \| Customer relationships
Business Acquisition [Line Items]
Finite-lived intangible assets		$ 158.0
2021 Aquisitions
Business Acquisition [Line Items]
Estimated purchase price						207.7
Estimate of tax deductible goodwill				44.8		44.8
Working capital acquired				36.6		36.6
Estimated acquisition date value				51.5		51.5
Goodwill				$ 156.2		$ 156.2
Number of businesses acquired \| business						2