ACCRUED EXPENSES (Tables)

12 Months Ended

Dec. 31, 2011

Accrued expenses at December 31, 2011 and January 1, 2011 were as follows:


(Millions of Dollars)	2011		2010
Payroll and related taxes	$	296.6	$	250.2
Income and other taxes		201.6		185.2
Customer rebates and sales returns		93.8		175.9
Insurance and benefits		86.8		153.8
Accrued restructuring costs		84.1		101.2
Derivative financial instruments		156.9		82.4
Liabilities held for sale		—		22.4
Warranty costs		82.1		73.1
Deferred revenue		89.8		53.8
Other		337.6		241.0

Total	$	1,429.3	$	1,339.0