BUSINESS SEGMENTS AND GEOGRAPHIC AREAS - Segment Net Sales and Profit (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 01, 2023 USD ($)	Jul. 02, 2022 USD ($)	Jul. 01, 2023 USD ($) segment	Jul. 02, 2022 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment			2
Net sales	$ 4,158.9	$ 4,393.0	$ 8,090.7	$ 8,841.0
Segment Profit	173.6	419.9	259.7	839.7
Corporate Overhead	(78.8)	(65.5)	(154.5)	(140.2)
Other, net	(66.6)	(79.1)	(130.3)	(141.1)
Gain (loss) on sales of businesses	0.0	0.2	(7.6)	0.2
Asset impairment charge	0.0	(168.4)	0.0	(168.4)
Restructuring charges	(4.6)	(19.5)	(16.7)	(72.2)
Interest income	45.2	6.5	85.0	9.3
Interest expense	(144.6)	(78.2)	(275.5)	(132.9)
(Loss) earnings from continuing operations before income taxes	(75.8)	15.9	(239.9)	194.4
Corporate Overhead
Segment Reporting Information [Line Items]
Net sales	0.0	0.0	0.0	0.2
Restructuring charges	(4.0)		(6.0)
Tools & Outdoor
Segment Reporting Information [Line Items]
Segment Profit	102.0	361.6	120.7	740.1
Restructuring charges	(3.0)		(10.0)
Tools & Outdoor | Operating Segments
Segment Reporting Information [Line Items]
Net sales	3,542.2	3,744.9	6,857.6	7,546.1
Industrial
Segment Reporting Information [Line Items]
Net sales	616.7	648.1	1,233.1	1,294.7
Segment Profit	71.6	58.3	139.0	99.6
Restructuring charges	(2.0)		(1.0)
Industrial | Operating Segments
Segment Reporting Information [Line Items]
Net sales	$ 616.7	$ 648.1	$ 1,233.1	$ 1,294.7