Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Accrued Expenses

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- Definition

Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Contract With Customers, Liability

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- Definition

Schedule of Business Acquisitions, Purchase Price Allocation [Line Items]

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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 currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.

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- Definition

Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer, acquired at the acquisition date.

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- Definition

Amount due from customers or clients for goods or services, including trade receivables, that have been delivered or sold in the normal course of business, and amounts due from others, including related parties expected to be converted to cash, sold or exchanged within one year or the normal operating cycle, if longer, acquired at the acquisition date.

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- Definition

Amount of liabilities incurred for goods and services received that are used in an entity's business and related party payables, assumed at the acquisition date.

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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

Amount of intangible assets, excluding goodwill, acquired at the acquisition date.

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- Definition

The amount of inventory 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.

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- Definition

Amount of long-term debt due after one year or the normal operating cycle, if longer, assumed at the acquisition date.

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Amount of other liabilities due after one year or the normal operating cycle, if longer, assumed at the acquisition date.

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Amount of other assets expected to be realized or consumed after one year or the normal operating cycle, if longer, acquired at the acquisition date.

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- Definition

The amount of property, plant, and equipment recognized as of the acquisition date.

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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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ACQUISITIONS AND INVESTMENTS - Estimated Fair Values of Major Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Millions	Dec. 01, 2021	Jul. 02, 2022	Jan. 01, 2022
Schedule of Business Acquisitions, Purchase Price Allocation [Line Items]
Goodwill		$ 8,459.1	$ 8,590.7
MTD
Schedule of Business Acquisitions, Purchase Price Allocation [Line Items]
Cash and cash equivalents	$ 111.6
Accounts receivable, net	275.1
Inventories, net	897.0
Prepaid expenses and other assets	97.7
Property, plant and equipment	258.7
Other assets	37.8
Accounts payable	(394.4)
Accrued expenses	(261.2)
Deferred revenue	(0.9)
Long-term debt	(110.9)
Deferred taxes	(205.4)
Other liabilities	(68.4)
Total identifiable net assets	1,486.7
Goodwill	450.0
Total consideration	1,936.7
Trade names \| MTD
Schedule of Business Acquisitions, Purchase Price Allocation [Line Items]
Intangible assets	390.0
Customer relationships \| MTD
Schedule of Business Acquisitions, Purchase Price Allocation [Line Items]
Intangible assets	$ 460.0