ACCRUED EXPENSES

12 Months Ended

Dec. 31, 2022

Payables and Accruals [Abstract]

ACCRUED EXPENSES

ACCRUED EXPENSES

(Millions of Dollars)	December 31, 2022		January 1, 2022
Payroll and related taxes	$	192.0	$	346.4
Income and other taxes	260.7		306.0
Customer rebates and sales returns	376.6		408.5
Insurance and benefits	95.3		83.0
Restructuring costs	62.3		31.7
Derivative financial instruments	16.1		8.7
Warranty costs	99.8		103.6
Deferred revenue	29.6		35.0
Freight costs	220.3		221.9
Environmental costs	39.4		46.1
Current lease liability	114.1		115.5
Forward stock purchase contract	—		330.4
Accrued interest	49.0		80.7
Other	565.5		523.5
Total	$	2,120.7	$	2,641.0