XML 99 R87.htm IDEA: XBRL DOCUMENT v3.22.2.2
DIVESTITURES (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Aug. 19, 2022
Jul. 22, 2022
Jul. 05, 2022
Oct. 01, 2022
Jul. 02, 2022
Oct. 02, 2021
Oct. 01, 2022
Oct. 02, 2021
Jan. 01, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                  
Pre-tax income (losses)       $ (8.6)   $ 0.0 $ (8.4) $ (3.6)  
Asset impairment charge       0.0   0.0 168.4 0.0  
Gain on sale of discontinued operations       1,220.0   0.0 1,220.0 0.0  
Earnings from discontinued operations before income taxes       1,204.9   34.7 1,233.5 98.2  
Income taxes on discontinued operations       396.9   0.1 396.7 10.4  
Cash and cash equivalents       0.0     0.0   $ 145.1
Total assets       0.0     0.0   3,505.4
Discontinued Operations, Disposed of by sale                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                  
Pre-tax income (losses)       2.9   (3.2) $ (2.7) (13.3)  
Asset impairment charge         $ 168.4        
Oil & Gas | Discontinued Operations, Disposed of by sale                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                  
Pre-tax income (losses) $ (8.6)                
Mechanical Access Solutions | Discontinued Operations, Disposed of by sale                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                  
Pre-tax income (losses)     $ 618.0            
Proceeds from sale of business     $ 922.2            
Mechanical Access Solutions | Discontinued Operations, Held-for-sale                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                  
Transition services             2 years    
Convergent Security Solutions | Discontinued Operations, Disposed of by sale                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                  
Pre-tax income (losses)   $ 602.0              
Agreement for divesture of interest in consolidated subsidiaries   $ 3,100.0              
Convergent Security Solutions | Discontinued Operations, Held-for-sale                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                  
Net Sales       78.2   483.5 $ 1,056.3 1,461.8  
Cost of sales       49.0   307.6 687.5 927.6  
Selling, general and administrative       30.2   125.3 308.0 393.6  
Gain on sale of discontinued operations       1,220.0   0.0 1,220.0 0.0  
Other, net and restructuring charges       14.1   15.9 47.3 42.4  
Earnings from discontinued operations before income taxes       1,204.9   34.7 1,233.5 98.2  
Income taxes on discontinued operations       396.9   0.1 396.7 10.4  
Net earnings from discontinued operations       808.0   34.6 836.8 87.8  
Depreciation and amortization       0.0   16.4 0.4 51.2  
Capital expenditures       0.0   6.4 6.3 13.2  
Stock-based compensation       $ (1.0)   $ 1.8 $ 17.5 $ 5.7  
Cash and cash equivalents                 145.1
Accounts and notes receivable, net                 513.9
Inventories, net                 169.4
Other current assets                 41.2
Property, plant and equipment, net                 84.3
Goodwill and other intangibles, net                 2,270.2
Other assets                 281.3
Total assets                 3,505.4
Accounts payable and accrued expenses                 460.4
Other long-term liabilities                 137.4
Total liabilities                 $ 597.8