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BUSINESS SEGMENTS AND GEOGRAPHIC AREAS - Segment Net Sales and Profit (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
USD ($)
Oct. 01, 2022
USD ($)
Sep. 30, 2023
USD ($)
segment
Oct. 01, 2022
USD ($)
Segment Reporting Information [Line Items]        
Number of reportable segments | segment     2  
Net sales $ 3,953.9 $ 4,119.6 $ 12,044.6 $ 12,960.6
Segment Profit 335.9 296.8 595.6 1,136.5
Corporate Overhead (69.6) (78.5) (224.1) (218.7)
Other, net (94.0) (69.1) (224.3) (210.2)
Loss on sales of businesses 0.0 (8.6) (7.6) (8.4)
Asset impairment charges (124.0) 0.0 (124.0) (168.4)
Restructuring charges (10.9) (68.6) (27.6) (140.8)
Interest income 50.2 15.4 135.2 24.7
Interest expense (144.6) (91.7) (420.1) (224.6)
(Loss) earnings from continuing operations before income taxes (57.0) (4.3) (296.9) 190.1
Corporate Overhead        
Segment Reporting Information [Line Items]        
Net sales 0.0 0.1 0.0 0.3
Restructuring charges (1.0)   (7.0)  
Tools & Outdoor        
Segment Reporting Information [Line Items]        
Segment Profit 273.4 228.4 394.1 968.5
Tools & Outdoor | Operating Segments        
Segment Reporting Information [Line Items]        
Net sales 3,355.3 3,494.7 10,212.9 11,040.8
Restructuring charges (10.0)   (20.0)  
Industrial        
Segment Reporting Information [Line Items]        
Net sales 598.6 624.8 1,831.7 1,919.5
Segment Profit 62.5 68.4 201.5 168.0
Industrial | Operating Segments        
Segment Reporting Information [Line Items]        
Net sales $ 598.6 $ 624.8 1,831.7 $ 1,919.5
Restructuring charges     $ (1.0)