BUSINESS SEGMENTS AND GEOGRAPHIC AREAS - Segment Net Sales and Profit (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 02, 2022 USD ($)	Jul. 03, 2021 USD ($)	Jul. 02, 2022 USD ($) segment	Jul. 03, 2021 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment			2
Net sales	$ 4,393.0	$ 3,798.9	$ 8,841.0	$ 7,519.7
Segment Profit	419.9	687.5	839.7	1,432.0
Corporate Overhead	(65.5)	(92.8)	(140.2)	(168.6)
Other, net	(79.1)	(42.5)	(141.1)	(90.5)
Gain (loss) on sales of businesses	0.2	(2.6)	0.2	(3.6)
Asset impairment charge	(168.4)	0.0	(168.4)	0.0
Restructuring charges	(19.5)	(10.4)	(72.2)	(12.2)
Interest income	6.5	2.7	9.3	5.6
Interest expense	(78.2)	(46.5)	(132.9)	(94.0)
Earnings from continuing operations before income taxes and equity interest	15.9	495.4	194.4	1,068.7
Other
Segment Reporting Information [Line Items]
Net sales	0.0	0.2	0.2	0.4
Restructuring charges	(9.0)		(11.0)
Tools & Outdoor
Segment Reporting Information [Line Items]
Segment Profit	361.6	627.0	740.1	1,271.7
Restructuring charges	(2.0)		(45.0)
Tools & Outdoor | Operating Segments
Segment Reporting Information [Line Items]
Net sales	3,744.9	3,196.5	7,546.1	6,259.4
Industrial
Segment Reporting Information [Line Items]
Net sales	648.1	602.2	1,294.7	1,259.9
Segment Profit	58.3	60.5	99.6	160.3
Restructuring charges	(8.0)		(16.0)
Industrial | Operating Segments
Segment Reporting Information [Line Items]
Net sales	$ 648.1	$ 602.2	$ 1,294.7	$ 1,259.9