BUSINESS SEGMENTS AND GEOGRAPHIC AREAS - Segment Net Sales and Profit (Details) $ in Millions	3 Months Ended
	Apr. 01, 2023 USD ($) segment	Apr. 02, 2022 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment	2
Net sales	$ 3,931.8	$ 4,448.0
Segment Profit	86.1	419.8
Corporate Overhead	(75.7)	(74.7)
Other, net	(63.7)	(62.0)
Loss on sales of businesses	(7.6)	0.0
Restructuring charges	(12.1)	(52.7)
Interest income	39.8	2.8
Interest expense	(130.9)	(54.7)
(Loss) earnings from continuing operations before income taxes	(164.1)	178.5
Corporate Overhead
Segment Reporting Information [Line Items]
Net sales	0.0	0.2
Restructuring charges	(2.0)
Tools & Outdoor
Segment Reporting Information [Line Items]
Segment Profit	18.7	378.5
Restructuring charges	(7.0)
Tools & Outdoor | Operating Segments
Segment Reporting Information [Line Items]
Net sales	3,315.4	3,801.2
Industrial
Segment Reporting Information [Line Items]
Net sales	616.4	646.6
Segment Profit	67.4	41.3
Restructuring charges	(3.0)
Industrial | Operating Segments
Segment Reporting Information [Line Items]
Net sales	$ 616.4	$ 646.6