Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Dec. 30, 2023

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts

Schedule II — Valuation and Qualifying Accounts

Stanley Black & Decker, Inc. and Subsidiaries

Fiscal years ended December 30, 2023, December 31, 2022, and January 1, 2022

(Millions of Dollars)

 

			ADDITIONS
	Beginning Balance		Charged To Costs And Expenses		Charged To Other Accounts (b)		(a) Deductions		Ending Balance
Allowance for Credit Losses:
Year Ended 2023	$	106.6	$	8.7	$	9.5	$	(48.2)	$	76.6
Year Ended 2022	$	95.9	$	14.3	$	16.9	$	(20.5)	$	106.6
Year Ended 2021	$	106.2	$	—	$	3.8	$	(14.1)	$	95.9
Tax Valuation Allowance:
Year Ended 2023 (c)	$	1,032.5	$	38.4	$	2.2	$	(26.2)	$	1,046.9
Year Ended 2022	$	1,067.2	$	21.2	$	(5.9)	$	(50.0)	$	1,032.5
Year Ended 2021	$	1,001.9	$	190.7	$	61.1	$	(186.5)	$	1,067.2

(a)With respect to the allowance for credit losses, deductions represent amounts charged-off less recoveries of accounts previously charged-off.

(b)Amounts represent the impact of foreign currency translation, acquisitions, divestitures and net transfers to/from other accounts.

(c)Refer to Note Q, Income Taxes, of the Notes to Consolidated Financial Statements in Item 8 for further discussion.