
	James M. Loree		Donald Allan, Jr.				Value of Initial Fixed $100 Investment Based On:
Year	Summary Compensation Table Total for PEO	Compensation Actually Paid to PEO	Summary Compensation Table Total for PEO	Compensation Actually Paid to PEO	Average Summary Compensation Table Total for non-PEO NEOs	Average Compensation Actually Paid to non-PEO NEOs	Total Shareholder Return	Peer Group Total Shareholder Return	Net Income (GAAP) in millions	CFROI
(a)	(b)	(c)	(b)	(c)	(d)	(e)	(f)	(g)	(h)	(i)
2022	$13,625,418	$(10,577,275)	$8,093,256	$(3,215,054)	$2,787,366	$(1,031,574)	$48	$127	$1,062.5	(4.2)%
2021	$13,159,209	$11,587,123	n/a	n/a	$3,655,494	$3,504,244	$118	$127	$1,689.2	5.8%
2020	$16,349,446	$24,617,703	n/a	n/a	$4,054,082	$6,887,666	$110	$107	$1,233.8	16.0%

Named Executive Officers, Footnote [Text Block]

Footnote to columns (b) and (d) of the Pay Versus Performance Table. Compensation for our PEO reflects the amounts reported in the “Summary Compensation Table” for Donald Allan, Jr., our President and CEO, and James M. Loree, our former CEO, for 2022, and for James M. Loree for 2021 and 2020. Average compensation for non-PEO NEOs is based on the compensation of the following NEOs: (i) in 2022, Corbin B. Walburger, Janet M. Link, Robert H. Raff and John H. Wyatt, (ii) in 2021, Donald Allan, Jr. (who served as our President and CFO at such time), Janet M. Link, Jaime A. Ramirez, and John H. Wyatt, and (iii) in 2020, Donald Allan, Jr., Jeffrey D. Ansell, Jaime A. Ramirez and Graham N. Robinson.

Adjustment To PEO Compensation, Footnote [Text Block]

Compensation Actually Paid Table

The adjustments to determine the compensation actually paid to the PEO for each applicable year include the addition (or subtraction, as applicable) as set forth in the chart below:

Year	Summary Compensation Table (“SCT”) Total for PEO	Deduction of Change in Pension Value	Deduction of Equity Amounts Reported in SCT	Pension Service Cost Adjustments⁽¹⁾	Fair Value for Unvested Awards Granted in the Covered Year	Fair Value for Vested Awards Granted in the Covered Year	Dividends Paid on Unvested Equity (to the extent not already reflected in fair value or other component of total comp)	Change in Fair Value of Outstanding Unvested Awards from Prior Years	Change in Fair Value of Awards from Prior Years that Vested in the Covered Year	Compensation Actually Paid to PEOs
	($)	($)	($)	($)	($)	($)	($)	($)	($)	($)
2022 (Allan)	$8,093,256	$—	$(6,749,876)	$—	$2,617,625	$—	$—	$(5,407,081)	$(1,768,978)	$(3,215,054)
2022 (Loree)	$13,625,418	$—	$(5,100,094)	$197,155	$—	$90,470	$—	$—	$(19,390,224)	$(10,577,275)
2021	$13,159,209	$—	$(9,052,370)	$494,146	$10,226,149	$—	$—	$(3,239,465)	$(546)	$11,587,123
2020	$16,349,446	$(3,779,245)	$(10,955,996)	$376,378	$17,174,490	$—	$—	$5,123,141	$329,489	$24,617,703

⁽¹⁾

There were no prior service costs for the pension plan (no plan amendments).

Non-PEO NEO Average Compensation Actually Paid Amount

$ (1,031,574)

3,504,244

6,887,666

Equity Valuation Assumption Difference, Footnote [Text Block]

Stock Options	2022⁽⁷⁾	2021	2020	2019
Stock price⁽¹⁾ at year-end	$75.02	$187.62	$178.09	$165.67
Stock price⁽¹⁾ range at vesting dates	$74.59 - $116.21	$179.14 - $186.78	$151.67 - $180.12	n/a
Expected volatility⁽²⁾	37.0% - 40.0%	34.0% - 35.0%	35.0% - 36.0%	25.0%
Dividend yield⁽³⁾	2.8% - 4.3%	1.7% - 1.8%	1.6% - 1.9%	1.7%
Risk-free interest rate⁽⁴⁾	2.9% - 4.3%	0.4% - 1.3%	0.1% - 0.4%	1.6% - 1.7%
Expected life⁽⁵⁾	2.0 - 6.4 years	1.2 - 5.4 years	0.8 - 5.2 years	1.5 - 5.0 years
Fair value⁽⁶⁾ range per outstanding option at year end	$7.14 - $20.22	$48.48 - $61.66	$36.37 - $57.87	$26.72 - $49.28
Fair value⁽⁶⁾ range per option at vesting dates	$7.85 - $19.99	$34.40 - $54.42	$36.10 - $60.59	n/a

(1)

Stock price is equal to the average of the intraday high and low prices on the measurement date.

(2)

Expected volatility is based on the average of 5.25-year historical volatility and market implied volatility as of the measurement date.

(3)

Dividend yield is computed as the annualized dividend rate at the measurement date divided by the stock price.

(4)

Risk-free interest rate is based on U.S. Treasury securities with maturities equal to the expected life of the option.

(5)

Expected life calculated as 5.25-year grant date expected life minus elapsed time to measurement date and adjusted for how much the options are in or out of the money.

(6)

Calculated using the Black-Scholes pricing model.

(7)

For 2022, fair values and stock prices at vesting include vesting dates for terminating executives.

Restricted Share Units	2022⁽³⁾	2021	2020	2019
Stock price⁽¹⁾ at year end	$75.02	$187.62	$178.09	$165.67
Stock price⁽¹⁾ range at vesting dates	$74.58 - $141.21	$174.51 - $198.95	$178.25 - $182.17	n/a
Fair value⁽²⁾ range per outstanding RSU at year end	$75.02 - $83.96	$187.62 - $196.08	$178.09 - $188.57	$165.67 - $173.36
Fair value⁽²⁾ range per RSU at vesting dates	$77.77 - $147.07	$182.12 - $209.67	$182.63 - $189.77	n/a

(1) Stock price is equal to the average of the intraday high and low prices on the measurement date.

(2) Includes the value of accrued dividends.

(3) For 2022, fair values and stock prices at vesting include vesting dates for terminating executives.

Management Incentive Compensation Plan	2022⁽³⁾	2021	2020	2019
Stock price⁽¹⁾ at year end	$75.02	$187.62	$178.09	$165.67
Stock price⁽¹⁾ range at vesting dates	$105.16 - $145.09	$191.73	$105.57	n/a
Dividend yield⁽²⁾	4.3%	1.7%	1.6%	1.7%
Fair value range per outstanding MICP at year end	$74.35	$185.38 - $186.96	$174.7 - $176.1	$162.36
Fair value range per MICP at vesting dates	$105.16 - $145.09	$191.73	$105.57	n/a

(1)

Stock price is equal to the average of the intraday high and low prices on the measurement date.

(2)

Dividend yield is computed as the annualized dividend rate at the measurement date divided by the stock price.

(3)

For 2022, fair values and stock prices at vesting include vesting dates for terminating executives.

Long-Term Performance Awards - TSR	2022⁽⁷⁾	2021	2020	2019
Stock price⁽¹⁾ at year end	$75.02	$187.62	$178.09	$165.67
Stock price⁽¹⁾ range at vesting dates	$105.16 - $165.91	$170.63	$163.44	n/a
Expected volatility⁽²⁾	46.2%	42.9%	43.8%	26.3%
Expected volatility⁽²⁾ for peers	28.9% - 48.8%	26.4% - 48.1%	25.7% - 99.9%	16.1% - 75.7%
Dividend yield⁽³⁾	4.3%	1.7%	1.6%	1.7%
Risk-free interest rate⁽⁴⁾	4.4% - 4.7%	0.4% - 0.7%	0.1%	1.6%
Fair value⁽⁵⁾ per outstanding LTIP - TSR at year end - current year award	$11.50	$183.10	$197.07	$210.08
Fair value⁽⁵⁾ per outstanding LTIP - TSR at year end - prior year award	$1.12	$108.13	$189.26	$144.29
Fair value⁽⁶⁾ per outstanding LTIP - TSR at year end - maturing award	$0.00	$0.00	$113.27	$195.48
Fair value⁽⁶⁾ range per LTIP - TSR at vesting dates	$0.00 - $82.76	$108.52	$192.85	n/a

(1)

Stock price is equal to the average of the intraday high and low prices on the measurement date.

(2)

Expected volatility is based on 3-year historical volatility as of the measurement date.

(3)

Dividend yield is computed as the annualized dividend rate at the measurement date divided by the stock price.

(4)

Risk-free interest rate is based on U.S. Treasury securities with maturities equal to the remaining performance period.

(5)

Calculated using Monte Carlo simulation.

(6)

Based on stock price and vesting outcome.

(7)

For 2022, fair values and stock prices at vesting include vesting dates for terminating executives.

Long-Term Performance Awards - EPS and CFROI	2022⁽⁴⁾	2021	2020	2019
Stock price⁽¹⁾ at year end	$75.02	$187.62	$178.09	$165.67
Stock price⁽¹⁾ range at vesting dates	$105.16 - $165.91	$170.63	$163.44	n/a
Dividend yield⁽²⁾	4.3%	1.7%	1.6%	1.7%
Expected performance factor at year end - current year award	0.0%	125.9%	185.2%	103.2%
Expected performance factor at year end - prior year award	27.0%	151.7%	152.1%	36.5%
Final performance factor at year end - maturing award	85.0%	127.5%	63.2%	106.1%
Fair value range⁽³⁾ per outstanding LTIP - EPS/CFROI at year end	$0.00 - $19.33	$227.84 - $279.23	$112.55 - $318.90	$59.32 - $175.78
Fair value⁽³⁾ range per LTIP - EPS/CFROI at vesting dates	$0.00 - $211.54	$107.84	$173.40	n/a

(1)

Stock price is equal to the average of the intraday high and low prices on the measurement date.

(2)

Dividend yield is computed as the annualized dividend rate at the measurement date divided by the stock price.

(3)

Based on stock price and expected or actual vesting outcome.

(4)

For 2022, fair values and stock prices at vesting include vesting dates for terminating executives.

Compensation Actually Paid vs. Net Income [Text Block]

Compensation Actually Paid and Net Income

The chart below describes the relationship between net income and the compensation actually paid to the PEOs and the average amount of compensation paid to non-PEO NEOs. As demonstrated by the following table, the amount of compensation actually paid to our CEO and the average compensation paid to our Non-PEO NEOs is generally aligned to our net income over the three years presented in the table. Net income is inclusive of discontinued operations and in the year 2022 there was a gain on sale of the security segment amounting to $884.9 million. While the Company does not use net income as a performance measure in the overall executive compensation program, the measure of net income is somewhat correlated with the Adjusted EPS measure, which the Company uses as a metric in its annual incentive plan as well as long-term incentive program. However, the Adjusted EPS measure utilized in the incentive programs excludes acquisition-related and other charges, and excludes the gain on sale of business reported in discontinued operations in 2022.

Compensation Actually Paid vs Net Income (in millions)

(a)

In 2022, reflects the total compensation actually paid to both PEOs in 2022 of which $(3.22) relates to Mr. Allan and $(10.58) relates to Mr. Loree.

Total Shareholder Return Vs Peer Group [Text Block]

Cumulative TSR of the Company and Cumulative TSR of Company Peer Group

The following graph represents the Company’s cumulative TSR over the three-year period presented in the table above compared to the cumulative TSR of the Company’s peer group, the S&P 500 Capital Goods Index, over the same period. Each data point in the graph corresponds to the Pay Versus Performance table on page 75, reflecting the value of a fixed $100 investment for the one year period ending December 31, 2020, the two year period ending December 31, 2021, and the three year period ending December 31, 2022.

Company TSR vs. Peer Group TSR

Total Shareholder Return Amount

$ 48

118

110

Net Income (Loss)

$ 1,062,500,000

$ 1,689,200,000

$ 1,233,800,000

PEO Name

Donald Allan, Jr.

Pay vs Performance Disclosure [Table]

Non-GAAP Measure Description [Text Block]

Footnote to column (i) of the Pay Versus Performance Table. The cash flow return on investment (CFROI) metric is utilized in our Performance Share Units plan with a 40% weight, representing the highest weighted metric in our long-term incentive plan. The three additional items listed below represent an unranked list of the financial performance measures that we view as the “most important” measures, other than CFROI, for linking our NEO’s compensation to performance for 2022, as further described in our Compensation Discussion and Analysis within the sections titled “Annual Incentive Compensation” and “Long-Term Incentives.”