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PROPERTY, PLANT AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant And Equipment Depreciation and amortization are provided using straight-line methods over the estimated useful lives of the assets as follows:
   Useful Life
(Years)
Land improvements
10 — 20
Buildings40
Machinery and equipment
3 — 15
Computer software
3 — 7
(Millions of Dollars)December 31, 2022January 1, 2022
Land$137.7 $143.1 
Land improvements59.7 60.8 
Buildings793.0 738.5 
Leasehold improvements191.7 167.2 
Machinery and equipment3,394.4 3,394.5 
Computer software501.4 470.6 
Property, plant & equipment, gross$5,077.9 $4,974.7 
Less: accumulated depreciation and amortization(2,724.8)(2,637.9)
Property, plant & equipment, net$2,353.1 $2,336.8 
Depreciation and Amortization Expense, Property, Plant and Equipment Depreciation and amortization expense associated with property, plant and equipment was as follows:
(Millions of Dollars)202220212020
Depreciation$330.4 $326.3 $332.6 
Amortization39.3 47.7 43.9 
Depreciation and amortization expense$369.7 $374.0 $376.5