Stanley Black & Decker (SWK) 10-K 18 Feb 25 2024 FY Annual report Financial data

Cover

Cover - USD ($) $ in Billions	12 Months Ended
	Dec. 28, 2024	Feb. 11, 2025	Jun. 28, 2024
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 28, 2024
Current Fiscal Year End Date	--12-28
Document Transition Report	false
Entity File Number	001-05224
Entity Registrant Name	STANLEY BLACK & DECKER, INC.
Entity Incorporation, State or Country Code	CT
Entity Tax Identification Number	06-0548860
Entity Address, Address Line One	1000 STANLEY DRIVE
Entity Address, City or Town	NEW BRITAIN
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06053
City Area Code	860
Local Phone Number	225-5111
Title of 12(b) Security	Common Stock
Trading Symbol	SWK
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 12.3
Entity Common Stock, Shares Outstanding		154,413,950
Documents Incorporated by Reference	Portions of the registrant’s definitive proxy statement relating to its 2025 annual meeting of shareholders (the "2025 Proxy Statement") are incorporated by reference into Part III of this Annual Report on Form 10-K where indicated. The 2025 Proxy Statement will be filed with the U.S. Securities and Exchange Commission within 120 days after the end of the fiscal year to which this report relates.
Entity Central Index Key	0000093556
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Amendment Flag	false

Audit Information

Audit Information	12 Months Ended
	Dec. 28, 2024
Audit Information [Abstract]
Auditor Name	Ernst & Young LLP
Auditor Location	Hartford, Connecticut
Auditor Firm ID	42

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net Sales	$ 15,365.7	$ 15,781.1	$ 16,947.4
Costs and Expenses
Cost of sales	10,851.3	11,848.5	12,663.3
Selling, general and administrative	3,310.5	3,282	3,355.7
Provision for credit losses	22.2	8.7	14.3
Other, net	448.8	320.1	274.8
Loss on sales of businesses	0	10.8	8.4
Restructuring charges	99.9	39.4	140.8
Asset impairment charges	72.4	274.8	168.4
Interest income	(179.1)	(186.9)	(54.7)
Interest expense	498.6	559.4	338.5
Costs and Expenses	15,124.6	16,156.8	16,909.5
Earnings (loss) from continuing operations before income taxes	241.1	(375.7)	37.9
Income taxes on continuing operations	(45.2)	(94)	(132.4)
Net earnings (loss) from continuing operations	286.3	(281.7)	170.3
Less: Net earnings attributable to non-controlling interests	0	0	0.2
Net earnings (loss) from continuing operations attributable to Stanley Black & Decker, Inc.	286.3	(281.7)	170.1
Less: Preferred stock dividends and beneficial conversion feature	0	0	5.8
Net Earnings (Loss) from Continuing Operations Attributable to Common Shareowners	286.3	(281.7)	164.3
Add: Contract adjustment payments accretion	0	0	1.2
Net Earnings (Loss) from Continuing Operations Attributable to Common Shareowners - Diluted	286.3	(281.7)	165.5
Earnings (loss) from discontinued operations before income taxes (including 2024 pre-tax gain on Security sale of $10.4 million, 2023 pre-tax loss on Security sale of $$14.3 million and 2022 pre-tax gain on Security sale of $1,197.4 million )	10.4	(14.3)	1,210.9
Income taxes on discontinued operations (including 2024 income taxes of $2.4 million for gain on Security sale, 2023 income taxes of $14.5 million for loss on Security sale and 2022 income taxes of $312.5 million for gain on Security sale)	2.4	14.5	318.5
Net earnings (loss) from discontinued operations	8	(28.8)	892.4
Net Earnings (Loss) Attributable to Common Shareowners - Diluted	294.3	(310.5)	1,057.9
Net Earnings (Loss) Attributable to Stanley Black & Decker, Inc.	$ 294.3	$ (310.5)	$ 1,062.5
Basic earnings (loss) per share of common stock:
Continuing operations (in dollars per share)	$ 1.90	$ (1.88)	$ 1.11
Discontinued operations (in dollars per share)	0.05	(0.19)	6.02
Total basic earnings (loss) per share of common stock (in dollars per share)	1.96	(2.07)	7.13
Diluted earnings (loss) per share of common stock:
Continuing operations (in dollars per share)	1.89	(1.88)	1.06
Discontinued operations (in dollars per share)	0.05	(0.19)	5.70
Total diluted earnings (loss) per share of common stock (in dollars per share)	$ 1.95	$ (2.07)	$ 6.76

Consolidated Statements of Op_2

Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Income Statement [Abstract]
Earnings (loss) from discontinued operations before income taxes for pre-tax loss (gain) on security sale	$ 10.4	$ (14.3)	$ 1,197.4
Income taxes for gain (loss) on Security sale	$ 2.4	$ (14.5)	$ 312.5

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Statement of Comprehensive Income [Abstract]
Net Earnings (Loss) from Continuing Operations Attributable to Common Shareowners	$ 286.3	$ (281.7)	$ 164.3
Net earnings (loss) from discontinued operations	8	(28.8)	892.4
Net earnings (loss) from discontinued operations	294.3	(310.5)	1,056.7
Other comprehensive (loss) income:
Currency translation adjustment and other	(337.9)	75.1	(364.4)
Gains on cash flow hedges, net of tax	25.8	2	5.3
Gains (losses) on net investment hedges, net of tax	13.5	(8.9)	2
Pension gains (losses), net of tax	46.8	(17.8)	83.2
Other comprehensive (loss) income	(251.8)	50.4	(273.9)
Comprehensive income (loss) attributable to common shareowners	$ 42.5	$ (260.1)	$ 782.8

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Current Assets
Cash and cash equivalents	$ 290.5	$ 449.4
Accounts and notes receivable, net	1,153.7	1,302
Inventories, net	4,536.4	4,738.6
Current assets held for sale	0	140.8
Prepaid expenses	347.1	360.5
Other current assets	50	26
Total Current Assets	6,377.7	7,017.3
Property, plant and equipment, net	2,034.3	2,169.9
Goodwill	7,905.5	7,995.9
Customer relationships, net	1,293.4	1,445.7
Trade names, net	2,435.5	2,499.3
Other intangible assets, net	2	4.6
Long-term assets held for sale	0	716.8
Other assets	1,800.5	1,814.3
Total Assets	21,848.9	23,663.8
Current Liabilities
Short-term borrowings	0	1,074.8
Current maturities of long-term debt	500.4	1.1
Accounts payable	2,437.2	2,298.9
Accrued expenses	1,979.3	2,464.3
Current liabilities held for sale	0	44.1
Total Current Liabilities	4,916.9	5,883.2
Long-term debt	5,602.6	6,101
Deferred taxes	165.3	333.2
Post-retirement benefits	325.9	378.4
Long-term liabilities held for sale	0	84.8
Other liabilities	2,118.3	1,827.1
Commitments and Contingencies (Notes Q and R)
Stanley Black & Decker, Inc. Shareowners’ Equity
Common stock, par value $2.50 per share: Authorized 300,000,000 shares in 2024 and 2023 Issued 176,902,738 shares in 2024 and 2023	442.3	442.3
Retained earnings	8,343.3	8,540.2
Additional paid in capital	5,071.3	5,059
Accumulated other comprehensive loss	(2,320.9)	(2,069.1)
Shareowners' equity subtotal	11,536	11,972.4
Less: cost of common stock in treasury (22,529,805 shares in 2024 and 23,282,650 shares in 2023)	(2,816.1)	(2,916.3)
Stanley Black & Decker, Inc. Shareowners’ Equity	8,719.9	9,056.1
Total Liabilities and Shareowners’ Equity	$ 21,848.9	$ 23,663.8

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 28, 2024	Dec. 30, 2023
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 2.50	$ 2.50
Common stock, shares authorized (in shares)	300,000,000	300,000,000
Common stock, shares, issued (in shares)	176,902,738	176,902,738
Cost of common stock in treasury (in shares)	22,529,805	23,282,650

Consolidated Statements of Cash

Consolidated Statements of Cash Flows $ in Millions	12 Months Ended
	Dec. 28, 2024 USD ($)	Dec. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Operating Activities:
Net earnings (loss)	$ 294.3	$ (310.5)	$ 1,062.7
Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization of property, plant and equipment	426.3	432.4	369.7
Amortization of intangibles	163.2	192.7	202.5
Inventory step-up amortization	0	0	80.3
Loss on sales of businesses	0	10.8	8.4
(Gain) loss on sale of discontinued operations	(10.4)	14.3	(1,197.4)
Asset impairment charges	72.4	274.8	168.4
Stock-based compensation expense	105.4	83.8	90.7
Provision for credit losses	22.2	8.7	30
Deferred tax benefit	(227.2)	(424.3)	(271.7)
Other non-cash items	186.3	154.5	72.1
Changes in operating assets and liabilities:
Accounts receivable	58.2	(117)	109
Inventories	93	906.6	(792.4)
Accounts payable	173.3	(23)	(991.4)
Deferred revenue	(3)	2.4	(29.9)
Other current assets	7.1	115.6	15.6
Other long-term assets	(49.7)	(175.7)	(351.3)
Accrued expenses	(230.5)	(25.6)	(176.3)
Defined benefit liabilities	(40.9)	(42.2)	(31.9)
Other long-term liabilities	66.9	113	173.4
Net cash provided by (used in) operating activities	1,106.9	1,191.3	(1,459.5)
Investing Activities:
Capital and software expenditures	(353.9)	(338.7)	(530.4)
Sales of assets	14.8	15.1	41.7
Business acquisitions, net of cash acquired	0	0	(71.9)
Sales of businesses, net of cash sold	735.6	(5.7)	4,147.1
Net investment hedge settlements	0	0	10.6
Other	(2.3)	1.6	(24.5)
Net cash provided by (used in) investing activities	394.2	(327.7)	3,572.6
Financing Activities:
Proceeds from debt issuances, net of fees	0	745.3	992.6
Net short-term commercial paper repayments	(1,056.9)	(1,044.7)	(138.1)
Stock purchase contract fees	0	0	(39.4)
Credit facility borrowings	0	0	2,500
Credit facility repayments	0	0	(2,500)
Purchases of common stock for treasury	(17.7)	(16.1)	(2,323)
Proceeds from issuance of remarketed preferred stock	0	0	750
Redemption and conversion of preferred stock	0	0	(750)
Proceeds from issuances of common stock	24.8	19	38.7
Craftsman contingent consideration payments	0	(18)	(41.3)
Termination of interest rate swaps	0	0	22.7
Cash dividends on common stock	(491.2)	(482.6)	(465.8)
Cash dividends on preferred stock	0	0	(5.8)
Other	(15.7)	(18.9)	(11.7)
Net cash used in financing activities	(1,556.7)	(816)	(1,971.1)
Effect of exchange rate changes on cash and cash equivalents	(106.2)	2.1	(31.9)
Change in cash, cash equivalents and restricted cash	(161.8)	49.7	110.1
Cash, cash equivalents and restricted cash, beginning of year	454.6	404.9	294.8
Cash, cash equivalents and restricted cash, end of year	292.8	454.6	404.9
Supplemental Cash Flow Information [Abstract]
Cash and cash equivalents	290.5	449.4
Restricted cash included in Other current assets	2.3	4.6
Cash and cash equivalents included in Current assets held for sale	0	0.6
Cash, cash equivalents and restricted cash	$ 292.8	$ 454.6	$ 404.9

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareowners' Equity - USD ($) $ in Millions	Total	Preferred Stock	Common Stock	Additional Paid In Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Treasury Stock	Non- Controlling Interests
Beginning balance at Jan. 01, 2022	$ 11,592.4	$ 620.3	$ 442.3	$ 4,999.2	$ 8,742.4	$ (1,845.6)	$ (1,368.1)	$ 1.9
Increase (Decrease) in Stockholders' Equity
Net earnings, including non-controlling interest	1,062.7				1,062.5			0.2
Net earnings (loss)	1,062.5
Other comprehensive income (loss)	(273.9)					(273.9)
Cash dividends declared	(465.8)				(465.8)
Cash dividends declared, preferred share	(5.8)				(5.8)
Issuance of common stock	38.7			(76.9)			115.6
Repurchase of common stock	(2,323)						(2,323)
Conversion of original Series D Preferred stock	(1.8)	(620.3)		42.6			575.9
Issuance of Remarketed Series D Preferred Stock	750	750
Redemption of Remarketed Series D Preferred Stock	(750)	(750)
Stock-based compensation related	90.7			90.7
Ending balance at Dec. 31, 2022	9,714.2	0	442.3	5,055.6	9,333.3	(2,119.5)	(2,999.6)	2.1
Increase (Decrease) in Stockholders' Equity
Net earnings, including non-controlling interest	(310.5)
Net earnings (loss)	(310.5)				(310.5)
Other comprehensive income (loss)	50.4					50.4
Cash dividends declared	(482.6)				(482.6)
Issuance of common stock	19			(80.4)			99.4
Repurchase of common stock	(16.1)						(16.1)
Non-controlling interest buyout and liquidation	(2.1)							(2.1)
Stock-based compensation related	83.8			83.8
Ending balance at Dec. 30, 2023	9,056.1	0	442.3	5,059	8,540.2	(2,069.1)	(2,916.3)	0
Increase (Decrease) in Stockholders' Equity
Net earnings, including non-controlling interest	294.3
Net earnings (loss)	294.3				294.3
Other comprehensive income (loss)	(251.8)					(251.8)
Cash dividends declared	(491.2)				(491.2)
Issuance of common stock	24.8			(93.1)			117.9
Repurchase of common stock	(17.7)						(17.7)
Stock-based compensation related	105.4			105.4
Ending balance at Dec. 28, 2024	$ 8,719.9	$ 0	$ 442.3	$ 5,071.3	$ 8,343.3	$ (2,320.9)	$ (2,816.1)	$ 0

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareowners' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Statement of Stockholders' Equity [Abstract]
Cash dividends declared (in dollars per share)	$ 3.26	$ 3.22	$ 3.18
Cash dividend declared, preferred share (in dollars per share)			$ 75
Issuance of common stock (in shares)	960,437	817,110	988,474
Repurchase of common stock (in shares)	207,592	180,552	16,057,220
Conversion of original Series D Preferred Stock (in shares)			4,723,500
Issuance of remarketed Series D preferred stock (in shares)			750,000
Redemption of remarketed Series D preferred stock (in shares)			750,000

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Dec. 28, 2024
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 28, 2024, December 30, 2023, and December 31, 2022 (Millions of Dollars) ADDITIONS Beginning Charged To Charged (a) Ending Allowance for Credit Losses: Year Ended 2024 $ 76.6 $ 22.2 $ 9.0 $ (23.1) $ 84.7 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 Tax Valuation Allowance: Year Ended 2024 (c) $ 1,046.9 $ 31.5 $ (1.0) $ (109.6) $ 967.8 Year Ended 2023 $ 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 (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 P, Income Taxes , of the Notes to Consolidated Financial Statements in Item 8 for further discussion.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 28, 2024
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION — The Consolidated Financial Statements include the accounts of Stanley Black & Decker, Inc. and its majority-owned subsidiaries (collectively the “Company”) which require consolidation, after the elimination of intercompany accounts and transactions. The Company’s fiscal year ends on the Saturday nearest to December 31. There were 52 weeks in fiscal years 2024, 2023 and 2022. On April 1, 2024, the Company completed the sale of its Infrastructure business. As of December 30, 2023, the assets and liabilities related to the Infrastructure business were classified as held for sale on the Company's Consolidated Balance Sheet. This divestiture did not qualify for discontinued operations, and therefore, the results of the Infrastructure business were included in the Company's continuing operations for all periods presented through the date of sale. On August 19, 2022, the Company completed the sale of its Oil & Gas business. This divestiture did not qualify for discontinued operations, and therefore, the results of the Oil & Gas business were included in the Company's continuing operations through the date of sale. On July 22, 2022, the Company completed the sale of its Convergent Security Solutions ("CSS") business comprised of the commercial electronic security and healthcare businesses. On July 5, 2022, the Company completed the sale of its Mechanical Access Solutions ("MAS") business, the automatic doors business. The CSS and MAS divestitures represented a single plan to exit the Security segment and were considered a strategic shift that had a major effect on the Company’s operations and financial results. As a result, the operating results of CSS and MAS were reported as discontinued operations in the consolidated financial statements through their respective dates of sale. The divestitures above are part of the Company's strategic commitment to simplify and streamline its portfolio to focus on the core Tools & Outdoor and Industrial businesses. Refer to Note S, Divestitures , for further discussion on these transactions. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements. While management believes that the estimates and assumptions used in the preparation of the financial statements are appropriate, actual results could differ from these estimates. Certain amounts reported in previous years have been reclassified to conform to the 2024 presentation. FOREIGN CURRENCY — For foreign operations with functional currencies other than the U.S. dollar, asset and liability accounts are translated at current exchange rates, while income and expenses are translated using average exchange rates. Translation adjustments are reported in a separate component of shareowners’ equity and exchange gains and losses on transactions are included in earnings. CASH EQUIVALENTS — Highly liquid investments with original maturities of three months or less are considered cash equivalents. ACCOUNTS AND FINANCING RECEIVABLE — Trade receivables are stated at gross invoice amounts less discounts, other allowances and provisions for credit losses. Financing receivables are initially recorded at fair value, less impairments or provisions for credit losses. Interest income earned from financing receivables that are not delinquent is recorded on the effective interest method. The Company considers any financing receivable that has not been collected within 90 days of original billing date as past-due or delinquent. The Company's payment terms are generally consistent with the industries in which its businesses operate and typically range from 30-90 days globally. Additionally, the Company considers the credit quality of all past-due or delinquent financing receivables as nonperforming. The Company does not adjust the promised amount of consideration for the effects of a significant financing component when the period between transfer of the product and receipt of payment is less than one year. Any significant financing components for contracts greater than one year are included in revenue over time. ALLOWANCE FOR CREDIT LOSSES — The Company maintains an allowance for credit losses, which represents an estimate of expected losses over the remaining contractual life of its receivables. The allowance is determined using two methods. The amounts calculated from each of these methods are combined to determine the total amount reserved. First, a specific reserve is established for individual accounts where information indicates the customers may have an inability to meet financial obligations. Second, a reserve is determined for all customers based on a range of percentages applied to aging categories. These percentages are based on historical collection rates, write-off experience, and forecasts of future economic conditions. Actual write-offs are charged against the allowance when collection efforts have been unsuccessful. INVENTORIES — U.S. inventories are primarily valued at the lower of Last-In, First-Out (“LIFO”) cost or market because the Company believes it results in better matching of costs and revenues. Other inventories are primarily valued at the lower of First-In, First-Out (“FIFO”) cost and net realizable value because LIFO is not permitted for statutory reporting outside the U.S. Refer to Note C, Inventories , Net , for a quantification of the LIFO impact on inventory valuation. PROPERTY, PLANT AND EQUIPMENT — The Company generally values property, plant and equipment (“PP&E”), including capitalized software, at historical cost less accumulated depreciation and amortization. Costs related to maintenance and repairs which do not prolong the asset's useful life are expensed as incurred. Depreciation and amortization are provided using straight-line methods over the estimated useful lives of the assets as follows: Useful Life Land improvements 10 — 20 Buildings 40 Machinery and equipment 3 — 15 Computer software 3 — 7 Leasehold improvements are depreciated over the shorter of the estimated useful life or the term of the lease. The Company reports depreciation and amortization of property, plant and equipment in cost of sales and selling, general and administrative expenses based on the nature of the underlying assets. Depreciation and amortization related to the production of inventory and delivery of services are recorded in cost of sales. Depreciation and amortization related to distribution center activities, selling and support functions are reported in selling, general and administrative expenses. The Company assesses its long-lived assets for impairment when indicators that the carrying amounts may not be recoverable are present. In assessing long-lived assets for impairment, the Company groups its long-lived assets with other assets and liabilities at the lowest level for which identifiable cash flows are generated (“asset group”) and estimates the undiscounted future cash flows that are directly associated with, and expected to be generated from, the use of and eventual disposition of the asset group. If the carrying value is greater than the undiscounted cash flows, an impairment loss must be determined and the asset group is written down to fair value. The impairment loss is quantified by comparing the carrying amount of the asset group to the estimated fair value, which is generally determined using weighted-average discounted cash flows that consider various possible outcomes for the disposition of the asset group. GOODWILL AND INTANGIBLE ASSETS — Goodwill represents costs in excess of values assigned to the underlying net assets of acquired businesses. Intangible assets acquired are recorded at estimated fair value. Goodwill and intangible assets deemed to have indefinite lives are not amortized, but are tested for impairment annually during the third quarter, and at any time when events suggest an impairment more likely than not has occurred. To assess goodwill for impairment, the Company, depending on relevant facts and circumstances, performs either a qualitative assessment or a quantitative analysis utilizing a discounted cash flow valuation model. In performing a qualitative assessment, the Company first assesses relevant factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform a quantitative goodwill impairment test. The Company identifies and considers the significance of relevant key factors, events, and circumstances that could affect the fair value of each reporting unit. These factors include external factors such as macroeconomic, industry, and market conditions, as well as entity-specific factors, such as actual and planned financial performance. The Company also considers changes in each reporting unit's fair value and carrying amount since the most recent date a fair value measurement was performed. In performing a quantitative analysis, the Company determines the fair value of a reporting unit using management’s assumptions about future cash flows based on long-range strategic plans. This approach incorporates many assumptions including discount rates, future growth rates and expected profitability. In the event the carrying amount of a reporting unit exceeded its fair value, an impairment loss would be recognized. Indefinite-lived intangible assets are tested for impairment utilizing either a qualitative assessment or a quantitative analysis. For a qualitative assessment, the Company identifies and considers relevant key factors, events, and circumstances to determine whether it is necessary to perform a quantitative impairment test. The key factors considered include macroeconomic, industry, and market conditions, as well as the asset's actual and forecasted results. For the quantitative impairment tests, the Company compares the carrying amounts to the current fair market values, usually determined by the estimated royalty savings attributable to owning the intangible assets. Intangible assets with definite lives are amortized over their estimated useful lives to reflect the pattern over which the economic benefits of the intangible assets are consumed. Definite-lived intangible assets are also evaluated for impairment when impairment indicators are present. If the carrying amount exceeds the total undiscounted future cash flows, a discounted cash flow analysis is performed to determine the fair value of the asset. If the carrying amount of the asset was to exceed the fair value, it would be written down to fair value. Refer to Note E, Goodwill And Intangible Assets, for further discussion of the intangible asset impacts relating to the 2024 impairment charge for the Lenox trade name and the 2023 impairment charge for the Irwin and Troy-Bilt trade names. Refer to Note S, Divestitures , for further discussion of the 2024 and 2023 goodwill impairment charges related to the Infrastructure business. FINANCIAL INSTRUMENTS — Derivative financial instruments are employed to manage risks, including foreign currency, interest rate exposures and commodity prices and are not used for trading or speculative purposes. As part of the Company’s risk management program, a variety of financial instruments such as interest rate swaps, currency swaps, purchased currency options, foreign exchange contracts and commodity contracts, may be used to mitigate interest rate exposure, foreign currency exposure and commodity price exposure. The Company recognizes all derivative instruments on the balance sheet at fair value. Changes in the fair value of derivatives are recognized periodically either in earnings or in shareowners’ equity as a component of other comprehensive income (loss) ("OCI"), depending on whether the derivative financial instrument is undesignated or qualifies for hedge accounting, and if so, whether it represents a fair value, cash flow, or net investment hedge. Changes in the fair value of derivatives accounted for as fair value hedges are recorded in earnings in the same caption as the changes in the fair value of the hedged items. Gains and losses on derivatives designated as cash flow hedges, to the extent they are included in the assessment of effectiveness, are recorded in OCI and subsequently reclassified to earnings to offset the impact of the hedged items when they occur. In the event it becomes probable the forecasted transaction to which a cash flow hedge relates will not occur, the derivative would be terminated and the amount in accumulated other comprehensive income (loss) would be recognized in earnings. Changes in the fair value of derivatives that are designated and qualify as a hedge of the net investment in foreign operations, to the extent they are included in the assessment of effectiveness, are reported in OCI and are deferred until disposal of the underlying assets. Gains and losses representing components excluded from the assessment of effectiveness for cash flow and fair value hedges are recognized in earnings on a straight-line basis in the same caption as the hedged item over the term of the hedge. Gains and losses representing components excluded from the assessment of effectiveness for net investment hedges are recognized in earnings on a straight-line basis in Other, net over the term of the hedge. The net interest paid or received on interest rate swaps is recognized as interest expense. Gains and losses resulting from the early termination of interest rate swap agreements are deferred and amortized as adjustments to interest expense over the remaining period of the debt originally covered by the terminated swap. Changes in the fair value of derivatives not designated as hedges are reported in Other, net in the Consolidated Statements of Operations. Refer to Note H, Financial Instruments , for further discussion. REVENUE RECOGNITION — The Company’s revenues result from the sale of goods or services and reflect the consideration to which the Company expects to be entitled. The Company records revenue based on a five-step model in accordance with Accounting Standards Codification 606, Revenue from Contracts with Customers ("ASC 606"). For its contracts with customers, the Company identifies the performance obligations (goods or services), determines the transaction price, allocates the contract transaction price to the performance obligations, and recognizes the revenue when (or as) the performance obligation is transferred to the customer. A good or service is transferred when (or as) the customer obtains control of that good or service. The majority of the Company’s revenues are recorded at a point in time from the sale of tangible products. Provisions for customer volume rebates, product returns, discounts and allowances are variable consideration and are recorded as a reduction of revenue in the same period the related sales are recorded. Such provisions are calculated using historical averages adjusted for any expected changes due to current business conditions. Consideration given to customers for cooperative advertising is recognized as a reduction of revenue except to the extent that there is a distinct good or service and evidence of the fair value of the advertising, in which case the expense is classified as selling, general, and administrative expense. The Company’s revenues can be generated from contracts with multiple performance obligations. When a contract involves multiple performance obligations, each obligation is separately identified and the transaction price is allocated based on the amount of consideration the Company expects to be entitled to in exchange for transferring the promised good or service to the customer. For performance obligations that the Company satisfies over time, revenue is recognized by consistently applying a method of measuring progress toward complete satisfaction of that performance obligation. The Company utilizes the method that most accurately depicts the progress toward completion of the performance obligation. Contract assets or liabilities result from transactions with revenue recorded over time. If the measure of remaining rights exceeds the measure of the remaining performance obligations, the Company records a contract asset. Conversely, if the measure of the remaining performance obligations exceeds the measure of the remaining rights, the Company records a contract liability. Incremental costs of obtaining or fulfilling a contract with a customer that are expected to be recovered are recognized and classified in Other current assets or Other assets in the Consolidated Balance Sheets and are typically amortized over the contract period. The Company recognizes the incremental costs of obtaining or fulfilling a contract as expense when incurred if the amortization period of the asset is one year or less. Customer billings for services not yet rendered are deferred and recognized as revenue as the services are rendered. The associated deferred revenue is included in Accrued expenses or Other liabilities, as appropriate, in the Consolidated Balance Sheets. Refer to Note B, Accounts and Notes Receivable, Net, for further discussion. COST OF SALES AND SELLING, GENERAL & ADMINISTRATIVE — Cost of sales includes the cost of products and services provided, reflecting costs of manufacturing and preparing the product for sale. These costs include expenses to acquire and manufacture products to the point that they are allocable to be sold to customers and costs to perform services pertaining to service revenues. Cost of sales is primarily comprised of freight, direct materials, direct labor as well as overhead which includes indirect labor and facility and equipment costs. Cost of sales also includes quality control, procurement and material receiving costs as well as internal transfer costs. Selling, general & administrative costs ("SG&A") include the cost of selling products as well as administrative function costs. These expenses generally represent the cost of selling and distributing the products once they are available for sale and primarily include salaries and commissions of the Company’s sales force, distribution costs, notably salaries and facility costs, as well as administrative expenses for certain support functions and related overhead. ADVERTISING COSTS — Television advertising is expensed the first time the advertisement airs, whereas other advertising is expensed as incurred. Advertising costs are classified in SG&A and amounted to $109.6 million in 2024, $110.5 million in 2023 and $118.9 million in 2022. Expense pertaining to cooperative advertising with customers reported as a reduction of Net Sales was $335.4 million in 2024, $325.1 million in 2023 and $358.1 million in 2022. Cooperative advertising with customers classified as SG&A expense amounted to $21.4 million in 2024, $27.8 million in 2023 and $31.8 million in 2022. SALES TAXES — Sales and value added taxes collected from customers and remitted to governmental authorities are excluded from Net Sales reported in the Consolidated Statements of Operations. SHIPPING AND HANDLING COSTS — The Company generally does not bill customers for freight. Shipping and handling costs associated with inbound and outbound freight are reported in Cost of sales. Other distribution costs, primarily relating to salary and facility costs, are classified in SG&A and amounted to $534.4 million, $521.7 million and $498.7 million in 2024, 2023 and 2022, respectively. STOCK-BASED COMPENSATION — Compensation cost relating to stock-based compensation grants is recognized on a straight-line basis over the vesting period, which is generally three POSTRETIREMENT DEFINED BENEFIT PLANS — The Company uses the corridor approach to determine expense recognition for each defined benefit pension and other postretirement plan. The corridor approach defers actuarial gains and losses resulting from variances between actual and expected results (based on economic estimates or actuarial assumptions) and amortizes them over future periods. For pension plans, these unrecognized gains and losses are amortized when the net gains and losses exceed 10% of the greater of the market-related value of plan assets or the projected benefit obligation at the beginning of the year. For other postretirement benefits, amortization occurs when the net gains and losses exceed 10% of the accumulated postretirement benefit obligation at the beginning of the year. For ongoing, active plans, the amount in excess of the corridor is amortized on a straight-line basis over the average remaining service period for active plan participants. For plans with primarily inactive participants, the amount in excess of the corridor is amortized on a straight-line basis over the average remaining life expectancy of inactive plan participants. The Company measures defined benefit plan assets and obligations as of the end of the calendar month closest to its fiscal year end as the alternative measurement date in accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Update ("ASU") 2015-04, Compensation Retirement Benefit (Topic 715): Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Asset . INCOME TAXES — The Company accounts for income taxes under the asset and liability method in accordance with ASC 740, Income Taxes , which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Deferred tax assets and liabilities are determined based on the differences between the financial statements and tax basis of assets and liabilities using the enacted tax rates in effect for the year in which the differences are expected to reverse. Any changes in tax rates on deferred tax assets and liabilities are recognized in income in the period that includes the enactment date. The Company recognizes the tax on global intangible low-taxed income as a period expense in the period the tax is incurred. The Company records net deferred tax assets to the extent that it is more likely than not that these assets will be realized. In making this determination, management considers all available positive and negative evidence, including future reversals of existing temporary differences, estimates of future taxable income, tax-planning strategies, and the realizability of net operating loss carryforwards. In the event that it is determined that an asset is not more likely than not to be realized, a valuation allowance is recorded against the asset. Valuation allowances related to deferred tax assets can be impacted by changes to tax laws, changes to statutory tax rates and future taxable income levels. In the event the Company were to determine that it would not be able to realize all or a portion of its deferred tax assets in the future, the unrealizable amount would be charged to earnings in the period in which that determination is made. Conversely, if the Company were to determine that it would be able to realize deferred tax assets in the future in excess of the net carrying amounts, it would decrease the recorded valuation allowance through a favorable adjustment to earnings in the period that the determination was made. The Company records uncertain tax positions in accordance with ASC 740, which requires a two-step process. First, management determines whether it is more likely than not that a tax position will be sustained based on the technical merits of the position and second, for those tax positions that meet the more likely than not threshold, management recognizes the largest amount of the tax benefit that is greater than 50 percent likely to be realized upon ultimate settlement with the related taxing authority. The Company maintains an accounting policy of recording interest and penalties on uncertain tax positions as a component of Income taxes on continuing operations in the Consolidated Statements of Operations. The Company is subject to income tax in a number of locations, including U.S. federal, state and foreign jurisdictions. Significant judgment is required when calculating the worldwide provision for income taxes. Many factors are considered when evaluating and estimating the Company's tax positions and tax benefits, which may require periodic adjustments, and which may not accurately anticipate actual outcomes. It is reasonably possible that the amount of the unrecognized benefit with respect to certain of the Company's unrecognized tax positions will significantly increase or decrease within the next twelve months. These changes may be the result of settlements of ongoing audits, litigation, or other proceedings with taxing authorities. The Company periodically assesses its liabilities and contingencies for all tax years still subject to audit based on the most current available information, which involves inherent uncertainty. Refer to Note P, Income Taxes, for further discussion. EARNINGS PER SHARE — Basic earnings per share equals net earnings attributable to common shareowners divided by weighted-average shares outstanding during the year. Diluted earnings per share include the impact of common stock equivalents using the treasury stock method or the if-converted method, as applicable, when the effect is dilutive. NEW ACCOUNTING STANDARDS ADOPTED — In June 2022, the FASB issued ASU 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions . The standard clarifies that a contractual restriction on the sale of an equity security should not be considered in measuring the fair value of the security. The new standard also requires certain disclosures related to equity securities with contractual sale restrictions. The ASU is effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. The Company adopted this standard in the first quarter of 2024 and it did not have a material impact on its consolidated financial statements. In September 2022, the FASB issued ASU 2022-04, Liabilities—Supplier Finance Programs (Subtopic 405-50): Disclosure of Supplier Finance Program Obligations. The standard requires that a buyer in a supplier finance program disclose sufficient information about the key terms of the program, the amount of outstanding confirmed obligations at period end, where the obligations are presented in the balance sheet, and a rollforward of the obligations during the annual period. The ASU is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, except for the amendment on rollforward information, which is effective for fiscal years beginning after December 15, 2023. The amendments in this update should be applied retrospectively to all periods in which a balance sheet is presented, except for the rollforward requirement, which is applied prospectively. The Company adopted this standard in the first quarter of 2023, with the exception of the amendment on rollforward information which was adopted in fiscal year 2024. Refer to Note Q, Commitments and Guarantees , for further discussion. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures . The new standard provides improvements to reportable segment disclosure requirements through amendments that require disclosure of significant segment expenses and other segment items on an interim and annual basis and requires all annual disclosures about a reportable segment’s profit or loss and assets to be made on an interim basis. The standard also requires the disclosure of the chief operating decision maker’s (“CODM”) title and position and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources. The standard also clarifies that if the CODM uses more than one measure in assessing segment performance and deciding how to allocate resources, a company may report the additional segment profit or loss measure(s) and that companies with a single reportable segment must provide all disclosures required by this amendment. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The standard should be applied retrospectively to all prior periods presented in the financial statements. The Company adopted this standard in fiscal year 2024. Refer to Note O, Business Segments and Geographic Areas , for further discussion. RECENTLY ISSUED ACCOUNTING STANDARDS NOT YET ADOPTED — In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures . The new standard was issued to improve transparency and decision usefulness of income tax disclosures by providing information that helps investors better understand how an entity’s operations, tax risks, tax planning and operational opportunities affect its tax rate and prospects for future cash flows. The amendments in this update primarily relate to requiring greater disaggregated disclosure of information in the rate reconciliation, income taxes paid, income (loss) from continuing operations before income tax expense (benefit), and income tax expense (benefit) from continuing operations. The ASU is effective for fiscal years beginning after December 15, 2024, and early adoption is permitted. The standard can be applied prospectively or retrospectively. The Company is currently evaluating this guidance to determine the impact it may have on its consolidated financial statements. In November 2024, the FASB issued ASU 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses

ACCOUNTS AND NOTES RECEIVABLE,

ACCOUNTS AND NOTES RECEIVABLE, NET	12 Months Ended
	Dec. 28, 2024
Receivables [Abstract]
ACCOUNTS AND NOTES RECEIVABLE, NET	ACCOUNTS AND NOTES RECEIVABLE, NET (Millions of Dollars) December 28, 2024 December 30, 2023 Trade accounts receivable $ 950.4 $ 1,057.8 Notes receivable 65.9 66.9 Other accounts receivable 222.1 253.9 Accounts and notes receivable 1,238.4 1,378.6 Allowance for credit losses (84.7) (76.6) Accounts and notes receivable, net $ 1,153.7 $ 1,302.0 Trade receivables are dispersed among a large number of retailers, distributors and industrial accounts in many countries. Adequate reserves have been established to cover anticipated credit losses. The changes in the allowance for credit losses for the years ended December 28, 2024 and December 30, 2023 are as follows: (Millions of Dollars) 2024 2023 Balance beginning of period $ 76.6 $ 106.6 Charged to costs and expenses 22.2 8.7 Other, including recoveries and deductions (a) (14.1) (38.7) Balance end of period $ 84.7 $ 76.6 (a) Amounts represent charge-offs less recoveries, the impacts of foreign currency translation, divestitures and net transfers to/from other accounts. The Company has an accounts receivable sale program. According to the terms, the Company sells certain of its trade accounts receivables at fair value to a wholly owned, consolidated, bankruptcy-remote special purpose subsidiary (“BRS"). The BRS, in turn, can sell such receivables to a third-party financial institution (“Purchaser”) for cash. The Purchaser’s maximum cash investment in the receivables at any time is $110.0 million. The purpose of the program is to provide liquidity to the Company. These transfers qualify as sales under ASC 860, Transfers and Servicing, and receivables are derecognized from the Company’s Consolidated Balance Sheets when the BRS sells those receivables to the Purchaser. The Company has no retained interests in the transferred receivables, other than collection and administrative responsibilities. At December 28, 2024, the Company did not record a servicing asset or liability related to its retained responsibility based on its assessment of the servicing fee, market values for similar transactions and its cost of servicing the receivables sold. At December 28, 2024 and December 30, 2023, net receivables of approximately $95.1 million and $110.0 million, respectively, were derecognized. Proceeds from transfers of receivables to the Purchaser totaled $402.3 million and $455.7 million for the years ended December 28, 2024 and December 30, 2023, respectively, and payments to the Purchaser totaled $417.2 million and $455.7 million, respectively. The program resulted in a pre-tax loss of $5.4 million for each of the years ended December 28, 2024 and December 30, 2023. All cash flows under the program are reported as a component of changes in accounts receivable within operating activities in the Consolidated Statements of Cash Flows since all the cash from the Purchaser is received upon the initial sale of the receivable. As of December 28, 2024 and December 30, 2023, the Company's deferred revenue totaled $101.6 million and $116.8 million, respectively, of which $31.3 million and $31.7 million, respectively, was classified as current.

INVENTORIES, NET

INVENTORIES, NET	12 Months Ended
	Dec. 28, 2024
Inventory Disclosure [Abstract]
INVENTORIES, NET	INVENTORIES, NET (Millions of Dollars) December 28, 2024 December 30, 2023 Finished products $ 2,943.5 $ 2,912.5 Work in process 346.3 263.4 Raw materials 1,246.6 1,562.7 Total $ 4,536.4 $ 4,738.6 Net inventories in the amount of $2.7 billion at December 28, 2024 and $2.8 billion at December 30, 2023 were valued at the lower of LIFO cost or market. If the LIFO method had not been used, inventories would have been higher than reported by $197.2 million at December 28, 2024 and $256.1 million at December 30, 2023.

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
	Dec. 28, 2024
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENT (Millions of Dollars) December 28, 2024 December 30, 2023 Land $ 132.0 $ 135.1 Land improvements 55.2 55.0 Buildings 805.1 808.6 Leasehold improvements 205.0 180.9 Machinery and equipment 3,402.1 3,391.2 Computer software 529.6 510.4 Property, plant & equipment, gross $ 5,129.0 $ 5,081.2 Less: accumulated depreciation and amortization (3,094.7) (2,911.3) Property, plant & equipment, net $ 2,034.3 $ 2,169.9

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	12 Months Ended
	Dec. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	GOODWILL AND INTANGIBLE ASSETS GOODWILL — The changes in the carrying amount of goodwill by segment are as follows: (Millions of Dollars) Tools & Outdoor Industrial Total Balance December 31, 2022 $ 5,939.7 $ 2,563.0 $ 8,502.7 Reclassification to assets held for sale — (540.5) (540.5) Foreign currency translation and other 36.6 (2.9) 33.7 Balance December 30, 2023 $ 5,976.3 $ 2,019.6 $ 7,995.9 Foreign currency translation and other (67.1) (23.3) (90.4) Balance December 28, 2024 $ 5,909.2 $ 1,996.3 $ 7,905.5 Goodwill totaling $540.5 million relating to the Infrastructure business was reclassified to assets held for sale as of December 30, 2023. The Infrastructure goodwill amount was included in the determination of the impairment charge recorded in the fourth quarter of 2023 and the first quarter of 2024 to adjust the carrying amount of Infrastructure’s long-lived assets to its estimated fair value less selling costs prior to the sale of the business in the second quarter of 2024. Refer to Note S, Divestitures , for further discussion. As required by the Company's policy, the Company performed its annual goodwill impairment testing in the third quarter of 2024. The Company assessed the fair values of its two reporting units utilizing a discounted cash flow valuation model. The key assumptions used were discount rates and perpetual growth rates applied to cash flow projections. Also inherent in the discounted cash flow valuations were near-term revenue growth rates over the next six years. These assumptions contemplated business, market and overall economic conditions. Based on the results of the annual impairment testing performed in the third quarter of 2024, the Company determined that the fair values of each of its reporting units exceeded their respective carrying amounts. INTANGIBLE ASSETS — Definite-lived intangible assets at December 28, 2024 and December 30, 2023 were as follows: 2024 2023 (Millions of Dollars) Gross Accumulated Gross Accumulated Amortized Intangible Assets — Definite-lived Patents and copyrights $ 25.3 $ (25.2) $ 26.2 $ (26.1) Trade names 222.0 (134.0) 223.6 (120.7) Customer relationships 2,550.7 (1,257.3) 2,578.4 (1,132.7) Other intangible assets 129.8 (127.9) 130.2 (125.7) Total $ 2,927.8 $ (1,544.4) $ 2,958.4 $ (1,405.2) Net intangibles totaling $214.3 million were reclassified to assets held for sale as of December 30, 2023 related to the divestiture of the Infrastructure business. Indefinite-lived trade names totaled $2.348 billion at December 28, 2024 and $2.396 billion at December 30, 2023. The year-over-year change is primarily due to a $41.0 million pre-tax, non-cash impairment charge, as discussed below, as well as currency fluctuations. As required by the Company’s policy, the Company tested its indefinite-lived trade names for impairment during the third quarter of 2024 utilizing a discounted cash flow model. The key assumptions used included discount rates, royalty rates, and perpetual growth rates applied to the projected sales. With the exception of the Lenox trade name discussed below, the Company determined that the fair values of its indefinite-lived trade names exceeded their respective carrying amounts. During 2024, the Company continued its brand prioritization and investment strategy for its major brands, while leveraging certain of its specialty brands in a more focused manner. As a result of these ongoing brand prioritization efforts, the Company recognized a $41.0 million pre-tax, non-cash impairment charge related to the Lenox trade name in the third quarter of 2024. Subsequent to this impairment charge, the carrying value of the Lenox trade name totaled $115.0 million. During the third quarter of 2023, the Company recognized a $124.0 million pre-tax, non-cash impairment charge Intangible assets amortization expense by segment was as follows: (Millions of Dollars) 2024 2023 2022 Tools & Outdoor $ 101.6 $ 103.1 $ 108.1 Industrial 61.6 89.6 94.4 Consolidated $ 163.2 $ 192.7 $ 202.5 Future amortization expense in each of the next five years amounts to $148.4 million for 2025, $140.8 million for 2026, $133.6 million for 2027, $130.2 million for 2028, $129.0 million for 2029 and $701.4 million thereafter.

ACCRUED EXPENSES

ACCRUED EXPENSES	12 Months Ended
	Dec. 28, 2024
Payables and Accruals [Abstract]
ACCRUED EXPENSES	ACCRUED EXPENSES (Millions of Dollars) December 28, 2024 December 30, 2023 Payroll and related taxes $ 329.8 $ 318.3 Income and other taxes 231.1 288.5 Customer rebates and sales returns 353.2 411.2 Insurance and benefits 75.3 71.8 Restructuring costs 34.7 28.9 Derivative financial instruments 11.8 17.9 Warranty costs 113.7 109.5 Deferred revenue 31.3 31.7 Freight costs 139.6 107.1 Environmental costs 51.4 46.0 Current lease liability 126.6 127.7 Forward stock purchase contract — 337.4 Accrued interest 71.6 64.0 Other 409.2 504.3 Total $ 1,979.3 $ 2,464.3

LONG-TERM DEBT AND FINANCING AR

LONG-TERM DEBT AND FINANCING ARRANGEMENTS	12 Months Ended
	Dec. 28, 2024
Debt Disclosure [Abstract]
LONG-TERM DEBT AND FINANCING ARRANGEMENTS	LONG-TERM DEBT AND FINANCING ARRANGEMENTS December 28, 2024 December 30, 2023 (Millions of Dollars) Interest Rate Notional Value Carrying Value 1 Carrying Value 1 Notes payable due 2025 2.30% $ 500.0 $ 499.9 $ 498.7 Notes payable due 2026 3.40% 500.0 499.4 498.9 Notes payable due 2026 6.27% 350.0 349.3 348.6 Notes payable due 2026 3.42% 25.0 25.7 26.0 Notes payable due 2026 1.84% 26.1 26.7 28.5 Notes payable due 2028 6.00% 400.0 398.0 397.5 Notes payable due 2028 7.05% 150.0 157.5 159.7 Notes payable due 2028 4.25% 500.0 498.3 497.7 Notes payable due 2028 3.52% 50.0 52.4 53.1 Notes payable due 2030 2.30% 750.0 746.2 745.3 Notes payable due 2032 3.00% 500.0 496.6 496.3 Notes payable due 2040 5.20% 400.0 374.5 372.9 Notes payable due 2048 4.85% 500.0 495.2 495.0 Notes payable due 2050 2.75% 750.0 741.0 740.7 Notes payable due 2060 (junior subordinated) 4.00% 750.0 741.6 741.4 Other, payable in varying amounts 2025 through 2026 4.23%-4.31% 0.7 0.7 1.8 Total long-term debt, including current maturities $ 6,151.8 $ 6,103.0 $ 6,102.1 Less: Current maturities of long-term debt (500.4) (1.1) Long-term debt $ 5,602.6 $ 6,101.0 1 Carrying values are net of unamortized discounts, deferred issuance costs, unamortized terminated swaps and purchase accounting fair value adjustments. As of December 28, 2024, the total aggregate annual principal maturities of long-term debt for the next five years and thereafter are as follows: $500.4 million in 2025, $901.4 million in 2026, $1,100.0 million in 2028, and $3,650.0 million beyond 2029. These maturities represent the principal amounts to be paid and accordingly exclude the remaining $7.5 million of unamortized fair value adjustments made in acquisition accounting, which increased the Black & Decker note payable due 2028 and MTD notes payable due 2026 and 2028, as well as $4.8 million of unamortized discounts, a net loss of $19.3 million pertaining to unamortized termination gains and losses on interest rate swaps (as described in Note H, Financial Instruments), and $32.2 million of unamortized deferred financing fees. In March 2023, the Company issued $350.0 million of senior unsecured term notes maturing March 6, 2026 ("2026 Term Notes") and $400.0 million of senior unsecured term notes maturing March 6, 2028 (“2028 Term Notes”). The 2026 Term Notes accrue interest at a fixed rate of 6.272% per annum and the 2028 Term Notes at a fixed rate of 6.0% per annum, with interest payable semi-annually in arrears, and both notes rank equally in right of payment with all of the Company's existing and future unsecured, unsubordinated debt. The Company received total net proceeds from this offering of $745.3 million, net of $4.7 million of underwriting expenses and other fees associated with the transaction. The Company used the net proceeds from the offering for general corporate purposes, including repayment of indebtedness under the commercial paper program. Commercial Paper and Credit Facilities The Company has a $3.5 billion commercial paper program which includes Euro denominated borrowings in addition to U.S. Dollars. As of December 28, 2024, the Company had no commercial paper borrowings outstanding. As of December 30, 2023, the Company had commercial paper borrowings outstanding of $1.1 billion, of which $399.7 million in Euro denominated commercial paper was designated as a net investment hedge. Refer to Note H, Financial Instruments , for further discussion. In June 2024, the Company amended and restated its existing five-year $2.5 billion committed credit facility with the concurrent execution of a new five-year $2.25 billion committed credit facility (the “5-Year Credit Agreement”). Borrowings under the 5-Year Credit Agreement may be made in U.S. Dollars, Euros or Pounds Sterling. A sub-limit of an amount equal to the Euro equivalent of $800.0 million is designated for swing line advances. Borrowings bear interest at a floating rate plus an applicable margin dependent upon the denomination of the borrowing and specific terms of the 5-Year Credit Agreement. The Company must repay all advances under the 5-Year Credit Agreement by the earlier of June 28, 2029 or upon termination. The 5-Year Credit Agreement is designated to be a liquidity back-stop for the Company's $3.5 billion U.S. Dollar and Euro commercial paper program. As of December 28, 2024 and December 30, 2023, the Company had not drawn on its five-year committed credit facility. In June 2024, the Company terminated its 364-Day $1.5 billion committed credit facility ("the 2023 Syndicated 364-Day Credit Agreement") dated September 2023. There were no outstanding borrowings under the 2023 Syndicated 364-Day Credit Agreement upon termination and as of December 30, 2023. Contemporaneously, the Company entered into a new $1.25 billion syndicated 364-Day Credit Agreement (the "2024 Syndicated 364-Day Credit Agreement") which is a revolving credit loan. The borrowings under the 2024 Syndicated 364-Day Credit Agreement may be made in U.S. Dollars or Euros and bear interest at a floating rate plus an applicable margin dependent upon the denomination of the borrowing and pursuant to the terms of the 2024 Syndicated 364-Day Credit Agreement. The Company must repay all advances under the 2024 Syndicated 364-Day Credit Agreement by the earlier of June 27, 2025 or upon termination. The Company may, however, convert all advances outstanding upon termination into a term loan that shall be repaid in full no later than the first anniversary of the termination date provided that the Company, among other things, pays a fee to the administrative agent for the account of each lender. The 2024 Syndicated 364-Day Credit Agreement serves as part of the liquidity back-stop for the Company’s $3.5 billion U.S. Dollar and Euro commercial paper program. As of December 28, 2024, the Company had not drawn on its 2024 Syndicated 364-Day Credit Agreement . In addition, the Company has other short-term lines of credit that are primarily uncommitted, with numerous banks, aggregating to $296.2 million, of which $205.7 million was available at December 28, 2024 and $90.5 million of the short-term credit lines were utilized primarily pertaining to outstanding letters of credit for which there are no required or reported debt balances. Short-term arrangements are reviewed annually for renewal. At December 28, 2024, the aggregate amount of short-term and long-term committed and uncommitted lines of credit was approximately $3.8 billion. The weighted-average interest rates on U.S. dollar denominated short-term borrowings for the years ended December 28, 2024 and December 30, 2023 were 5.6% and 5.1%, respectively. The weighted-average interest rates on Euro denominated short-term borrowings for the years ended December 28, 2024 and December 30, 2023 were 3.9% and 3.5%, respectively. Interest paid relating to the Company's indebtedness, including long-term debt and commercial paper borrowings, during 2024, 2023 and 2022 amounted to $479.9 million, $531.5 million and $320.8 million, respectively.

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 28, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
FINANCIAL INSTRUMENTS	FINANCIAL INSTRUMENTS The Company is exposed to market risk from changes in foreign currency exchange rates, interest rates, stock prices and commodity prices. As part of the Company’s risk management program, a variety of financial instruments such as interest rate swaps, currency swaps, purchased currency options, foreign exchange contracts and commodity contracts, may be used to mitigate interest rate exposure, foreign currency exposure and commodity price exposure. If the Company elects to do so and if the instrument meets the criteria specified in ASC 815, Derivatives and Hedging , management designates its derivative instruments as cash flow hedges, fair value hedges or net investment hedges. Generally, commodity price exposures are not hedged with derivative financial instruments and instead are actively managed through customer pricing initiatives, procurement-driven cost reduction initiatives and other productivity improvement projects. Financial instruments are not utilized for speculative purposes. A summary of the fair values of the Company’s derivatives recorded in the Consolidated Balance Sheets at December 28, 2024 and December 30, 2023 is as follows: (Millions of Dollars) Balance Sheet 2024 2023 Balance Sheet 2024 2023 Derivatives designated as hedging instruments: Foreign Exchange Contracts Cash Flow Other current assets $ 23.7 $ 0.1 Accrued expenses $ 0.9 $ 4.9 Non-derivative designated as hedging instrument: Net Investment Hedge $ — $ — Short-term borrowings $ — $ 399.7 Total Designated as hedging instruments $ 23.7 $ 0.1 $ 0.9 $ 404.6 Derivatives not designated as hedging instruments: Foreign Exchange Contracts Other current assets $ 8.9 $ 8.4 Accrued expenses $ 10.9 $ 13.0 Total $ 32.6 $ 8.5 $ 11.8 $ 417.6 The counterparties to all of the above mentioned financial instruments are major international financial institutions. The Company is exposed to credit risk for net exchanges under these agreements, but not for the notional amounts. The credit risk is limited to the asset amounts noted above. The Company limits its exposure and concentration of risk by contracting with diverse financial institutions and does not anticipate non-performance by any of its counterparties. The Company considers non-performance risk of its counterparties at each reporting period and adjusts the carrying value of these assets accordingly. The risk of default is considered remote. As of December 28, 2024 and December 30, 2023, there were no assets that had been posted as collateral related to the above mentioned financial instruments. Cash flows related to derivatives, including those that are separately discussed below, resulted in net cash paid of $0.1 million in 2024, net cash paid of $30.1 million in 2023, and net cash received of $86.2 million in 2022. CASH FLOW HEDGES — There were after-tax mark-to-market losses of $16.7 million and $42.5 million as of December 28, 2024 and December 30, 2023, respectively, reported for cash flow hedge effectiveness in Accumulated other comprehensive loss. An after-tax gain o f $7.4 million is expected to be reclassified to earnings as the hedged transactions occur or as amounts are amortized within the next twelve months. The ultimate amount recognized will vary based on fluctuations of the hedged currencies and interest rates through the maturity dates. The tables below detail pre-tax amounts of derivatives designated as cash flow hedges in Accumulated other comprehensive loss during the periods in which the underlying hedged transactions affected earnings for 2024, 2023 and 2022: 2024 (Millions of Dollars) Gain (Loss) Classification of Gain (Loss) Gain (Loss) Interest Rate Contracts $ — Interest expense $ (6.1) $ — Foreign Exchange Contracts $ 30.8 Cost of sales $ 2.0 $ — 2023 (Millions of Dollars) Gain (Loss) Classification of Gain (Loss) Gain (Loss) Interest Rate Contracts $ — Interest expense $ (6.1) $ — Foreign Exchange Contracts $ (4.3) Cost of sales $ (0.6) $ — 2022 (Millions of Dollars) Gain (Loss) Classification of Gain (Loss) Gain (Loss) Recognized in Income on Amounts Excluded from Effectiveness Testing Interest Rate Contracts $ 23.4 Interest expense $ (5.8) $ — Foreign Exchange Contracts $ 30.6 Cost of sales $ 53.3 $ — A summary of the pre-tax effect of cash flow hedge accounting on the Consolidated Statements of Operations for 2024, 2023 and 2022 is as follows: 2024 2023 2022 (Millions of Dollars) Cost of Sales Interest Expense Cost of Sales Interest Expense Cost of Sales Interest Expense Total amount in the Consolidated Statements of Operations in which the effects of the cash flow hedges are recorded $ 10,851.3 $ 498.6 $ 11,848.5 $ 559.4 $ 12,663.3 $ 338.5 Gain (loss) on cash flow hedging relationships: Foreign Exchange Contracts: Hedged Items $ (2.0) $ — $ 0.6 $ — $ (53.3) $ — Gain (loss) reclassified from OCI into Income $ 2.0 $ (0.6) $ — $ 53.3 $ — Interest Rate Swap Agreements: Gain (loss) reclassified from OCI into Income 1 $ — $ (6.1) $ — $ (6.1) $ — $ (5.8) 1 Inclusive of the gain/loss amortization on terminated derivative financial instruments. For 2024, after-tax losses of $1.5 million were reclassified from Accumulated other comprehensive loss into earnings (inclusive of the gain/loss amortization on terminated derivative instruments) during the periods in which the underlying hedged transactions affected earnings. After-tax losses o f $3.6 million and after-tax gains of $26.4 million were reclassified in 2023 and 2022, respectively. Interest Rate Contracts: In prior years, the Company entered into interest rate swap agreements in order to obtain the lowest cost source of funds within a targeted range of variable to fixed-debt proportions. These swap agreements, which were designated as cash flow hedges, subsequently matured or were terminated and the gain/loss was recorded in Accumulated other comprehensive loss and is being amortized to interest expense. The cash flows stemming from the maturity and termination of the swaps are presented within financing activities in the Consolidated Statements of Cash Flows. As of December 28, 2024 and December 30, 2023, the Company did not have any outstanding forward starting swaps designated as cash flow hedges. During 2021, the Company entered into forward starting interest rate swaps totaling $400.0 million to offset expected variability on future interest rate payments associated with debt instruments expected to be issued in the future. During 2022, these swaps were terminated resulting in a gain of $22.7 million which was recorded in Accumulated other comprehensive loss and is being amortized to interest expense over future periods. Forward Contracts: Through its global businesses, the Company enters into transactions and makes investments denominated in multiple currencies that give rise to foreign currency risk. The Company and its subsidiaries regularly purchase inventory from subsidiaries with functional currencies different than their own, which creates currency-related volatility in the Company’s results of operations. The Company utilizes forward contracts to hedge these forecasted purchases and sales of inventory. Gains and losses reclassified from Accumulated other comprehensive loss are recorded in Cost of sales as the hedged item affects earnings. There are no components excluded from the assessment of effectiveness for these contracts. At December 28, 2024 and December 30, 2023, the notional value of forward currency contracts outstanding is 537.8 million, maturing in 2025, and $300.0 million, maturing in 2024, respectively. In February 2025, the Company entered into forward currency contracts with notional values totaling $85 million, maturing in 2025. FAIR VALUE HEDGES Interest Rate Risk: In an effort to optimize the mix of fixed versus floating rate debt in the Company’s capital structure, the Company enters into interest rate swaps. In prior years, the Company entered into interest rate swaps related to certain of its notes payable which were subsequently terminated. Amortization of the gain/loss on previously terminated swaps is reported as a reduction of interest expense. Prior to termination, the changes in the fair value of the swaps and the offsetting changes in fair value related to the underlying notes were recognized in earnings. The Company did not have any active fair value interest rate swaps at December 28, 2024 or December 30, 2023. A summary of the pre-tax effect of fair value hedge accounting on the Consolidated Statements of Operations for 2024, 2023 and 2022 is as follows: 2024 2023 2022 (Millions of Dollars) Interest Expense Interest Expense Interest Expense Total amount in the Consolidated Statements of Operations in which the effects of the fair value hedges are recorded $ 498.6 $ 559.4 $ 338.5 Amortization of gain on terminated swaps $ (0.4) $ (0.4) $ (0.4) A summary of the amounts recorded in the Consolidated Balance Sheets related to cumulative basis adjustments for fair value hedges as of December 28, 2024 and December 30, 2023 is as follows: (Millions of Dollars) 2024 Carrying Amount of Hedged Liability 1 2024 Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Liability Current maturities of long-term debt $ 500.4 Terminated Swaps $ — Long-Term Debt $ 532.0 Terminated Swaps $ (19.3) 1 Represents hedged items no longer designated in qualifying fair value hedging relationships. (Millions of Dollars) 2023 Carrying Amount of Hedged Liability 1 2023 Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Liability Current maturities of long-term debt $ 1.1 Terminated Swaps $ — Long-Term Debt $ 532.6 Terminated Swaps $ (19.7) 1 Represents hedged items no longer designated in qualifying fair value hedging relationships. NET INVESTMENT HEDGES The Company utilizes net investment hedges to offset the translation adjustment arising from re-measurement of its investment in the assets and liabilities of its foreign subsidiaries. The total after-tax amounts in Accumulated other comprehensive loss were gains of $78.4 million and $64.9 million at December 28, 2024 and December 30, 2023, respectively. As of December 28, 2024 and December 30, 2023, the Company did not have any net investment hedges with a notional value outstanding. As of December 28, 2024, the Company did not have any Euro denominated commercial paper. As of December 30, 2023, the Company had Euro denominated commercial paper with a value of $399.7 million, which matured in 2024, hedging a portion of the Company's Euro denominated net investments. Maturing foreign exchange contracts resulted in no cash paid or received in 2024 and 2023, and net cash received of $10.6 million during 2022. Gains and losses on net investment hedges remain in Accumulated other comprehensive loss until disposal of the underlying assets. Gains and losses representing components excluded from the assessment of effectiveness are recognized in earnings in Other, net on a straight-line basis over the term of the hedge. Gains and losses after a hedge has been de-designated are recorded directly to the Consolidated Statements of Operations in Other, net. The pre-tax gain or loss from fair value changes during 2024, 2023 and 2022 were as follows: 2024 (Millions of Dollars) Total Gain (Loss) Recorded in OCI Excluded Component Recorded in OCI Income Statement Classification Total Gain (Loss) Reclassified from OCI to Income Excluded Component Amortized from OCI to Income Forward Contracts $ (0.5) $ — Other, net $ — $ — Non-derivative designated as Net Investment Hedge $ 18.6 $ — Other, net $ — $ — 2023 (Millions of Dollars) Total Gain (Loss) Recorded in OCI Excluded Component Recorded in OCI Income Statement Classification Total Gain (Loss) Reclassified from OCI to Income Excluded Component Amortized from OCI to Income Forward Contracts $ 0.4 $ — Other, net $ — $ — Non-derivative designated as Net Investment Hedge $ (12.0) $ — Other, net $ — $ — 2022 (Millions of Dollars) Total Gain (Loss) Recorded in OCI Excluded Component Recorded in OCI Income Statement Classification Total Gain (Loss) Reclassified from OCI to Income Excluded Component Amortized from OCI to Income Forward Contracts $ 6.1 $ 0.6 Other, net $ 0.7 $ 0.7 Cross Currency Swap $ (1.2) $ 2.5 Other, net $ 1.5 $ 1.5 Non-derivative designated as Net Investment Hedge $ (0.1) $ — Other, net $ — $ — UNDESIGNATED HEDGES Foreign Exchange Contracts: Foreign exchange forward contracts are used to reduce risks arising from the change in fair value of certain foreign currency denominated assets and liabilities (such as affiliate loans, payables and receivables). The objective is to minimize the impact of foreign currency fluctuations on operating results. The total notional amount of the forward contracts outstanding at December 28, 2024 was $1.3 billion maturing on various dates through 2025. The total notional amount of the forward contracts outstanding at December 30, 2023 was $1.0 billion maturing on various dates through 2024. The gain (loss) recorded in the Consolidated Statements of Operations from changes in the fair value related to derivatives not designated as hedging instruments under ASC 815 for 2024, 2023 and 2022 is as follows: (Millions of Dollars) Income Statement 2024 2023 2022 Foreign Exchange Contracts Other-net $ (0.9) $ (33.7) $ 5.0

CAPITAL STOCK

CAPITAL STOCK	12 Months Ended
	Dec. 28, 2024
Equity [Abstract]
CAPITAL STOCK	CAPITAL STOCK EARNINGS PER SHARE — The following table reconciles net earnings (loss) attributable to common shareowners and the weighted-average shares outstanding used to calculate basic and diluted earnings (loss) per share for the fiscal years ended December 28, 2024, December 30, 2023, and December 31, 2022. 2024 2023 2022 Numerator (in millions): Net Earnings (Loss) from Continuing Operations Attributable to Common Shareowners $ 286.3 $ (281.7) $ 164.3 Add: Contract adjustment payments accretion — — 1.2 Net Earnings (Loss) from Continuing Operations Attributable to Common Shareowners - Diluted 286.3 (281.7) 165.5 Net earnings (loss) from discontinued operations 8.0 (28.8) 892.4 Net Earnings (Loss) Attributable to Common Shareowners - Diluted $ 294.3 $ (310.5) $ 1,057.9 2024 2023 2022 Denominator (in thousands): Basic weighted-average shares outstanding 150,485 149,751 148,170 Dilutive effect of stock contracts and awards 812 — 8,383 Diluted weighted-average shares outstanding 151,297 149,751 156,553 Earnings (loss) per share of common stock: Basic earnings (loss) per share of common stock: Continuing operations $ 1.90 $ (1.88) $ 1.11 Discontinued operations $ 0.05 $ (0.19) $ 6.02 Total basic earnings (loss) per share of common stock $ 1.96 $ (2.07) $ 7.13 Diluted earnings (loss) per share of common stock: Continuing operations $ 1.89 $ (1.88) $ 1.06 Discontinued operations $ 0.05 $ (0.19) $ 5.70 Total diluted earnings (loss) per share of common stock $ 1.95 $ (2.07) $ 6.76 The following weighted-average stock options were not included in the computation of weighted-average diluted shares outstanding because the effect would be anti-dilutive (in thousands): 2024 2023 2022 Number of stock options 5,141 5,406 4,019 In November 2019, the Company issued 7,500,000 Equity Units with a total notional value of $750.0 million ( “ 2019 Equity Units”). Each unit had a stated amount of $100 and initial ly consisted of a three-year forward stock purchase contract ( “ 2022 Purchase Contracts”) for the purchase of a variable number of shares of common stock, on November 15, 2022, for a price of $100 and a 10% beneficial ownership interest in one share of 0% Series D Cumulative Perpetual Convertible Preferred Stock, without par, with a liquidation preference of $1,000 per share (“Series D Preferred Stock”). The shares associated with the forward stock purchase contracts component of the 2019 Equity Units were reflected in diluted earnings per share using the if-converted method. Upon the adoption of ASU 2020-06, Debt - Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40) , in the first quarter of 2022, the common shares that would be required to settle the applicable conversion value of the Series D Preferred Stock were included in the denominator of diluted earnings per share using the if-converted method through the date of redemption as discussed below. In accordance with the standard, the Company increased weighted-average shares outstanding used to calculate diluted earnings per share for the year ended December 31, 2022 by 3.6 million shares. In November 2022, the Company generated cash proceeds of $750 million from the successful remarketing of the Series D Preferred Stock (the "Remarketed Series D Preferred Stock"). Upon completion of the remarketing, the holders of the 2019 Equity Units received 4,723,500 common shares and the Company issued 750,000 shares of Remarketed Series D Preferred Stock. Holders of the Remarketed Series D Preferred Stock were entitled to receive cumulative dividends, if declared by the Board of Directors, at an initial fixed rate equal to 7.5% per annum of the $1,000 per share liquidation preference (equivalent to $75.00 per annum per share). On November 15, 2022, the Company informed holders that it would redeem all outstanding shares of the Remarketed Series D Preferred Stock on December 22, 2022 at $1,007.71 per share in cash, which was equal to 100% of the liquidation preference of a share of Remarketed Series D Preferred Stock, plus accumulated and unpaid dividends to, but excluding December 22, 2022. In December 2022, the Company redeemed the Remarketed Series D Preferred Stock, paying $750 million in cash. COMMON STOCK ACTIVITY — Common stock activity for 2024, 2023 and 2022 was as follows: 2024 2023 2022 Outstanding, beginning of year 153,620,088 152,983,530 163,328,776 Issued from treasury 960,437 817,110 5,711,974 Returned to treasury (207,592) (180,552) (16,057,220) Outstanding, end of year 154,372,933 153,620,088 152,983,530 Shares subject to the forward share purchase contract (3,645,510) (3,645,510) (3,645,510) Outstanding, less shares subject to the forward share purchase contract 150,727,423 149,974,578 149,338,020 In March 2022, the Company executed accelerated share repurchase ("ASR") agreements with a notional amount of $2.0 billion, which was funded through borrowings under one of its then existing 364-Day committed credit facilities. The ASR terms provided for an initial delivery of 85% of the total notional share equivalent at execution or 10,756,770 shares of common stock. In May 2022, the Company received an additional 3,211,317 shares in aggregate, determined by the volume-weighted average price of the Company’s common stock during the term of the transaction. The final shares delivered reflect a blended settlement price of $143.18 per share for the entire transaction. In February 2022, the Company also executed open market share repurchases for a total of 1,888,601 shares of common stock for $300.0 million. Upon completion of the remarketing of the Series D Preferred Stock in November 2022, the holders of the 2019 Equity Units received 4,723,500 common shares and the Company issued 750,000 shares of Remarketed Series D Preferred Stock. In March 2015, the Company entered into a forward share purchase contract with a financial institution counterparty for 3,645,510 shares of common stock. The contract obligates the Company to pay $350.0 million, plus an additional amount related to the forward component of the contract. In June 2024, the Company amended the forward share purchase contract and updated the final settlement date to June 2026, or earlier at the Company's option. The reduction of common shares outstanding was recorded at the inception of the forward share purchase contract in March 2015 and factored into the calculation of weighted-average shares outstanding at that time. COMMON STOCK RESERVED — Common stock shares reserved for issuance under various employee and director stock plans at December 28, 2024 and December 30, 2023 are as follows: 2024 2023 Employee stock purchase plan 921,982 1,070,126 Other stock-based compensation plans 5,869,501 6,161,350 Total shares reserved 6,791,483 7,231,476 STOCK-BASED COMPENSATION PLANS — The Company has stock-based compensation plans for salaried employees and non-employee members of the Board of Directors. The plans provide for discretionary grants of stock options, restricted stock units and other stock-based awards. On April 26, 2024, the Company’s shareholders approved the adoption of the 2024 Omnibus Award Plan (the “2024 Plan”), which was approved by the Board of Directors on February 27, 2024. Subject to adjustment as provided in the 2024 Plan, up to an aggregate of (i) 9,320,000 shares of the Company’s common stock may be issued in connection with awards under the 2024 Plan, less (ii) the shares covered by awards granted under the 2022 Omnibus Award Plan (the “2022 Plan”) following December 31, 2023, plus (iii) any shares that become available for awards in accordance with the terms of the 2024 Plan, including as a result of forfeitures under the 2022 Plan or other prior plans. No further awards will be issued under the Company's 2022 Plan. As discussed further below, the Company has granted stock options, restricted share units and awards, performance stock units, and long-term performance awards, under the 2024 Plan, 2022 Plan and prior 2018 Omnibus Award Plan to senior management employees and non-employee members of the Board of Directors. The plans are generally administered by the Compensation and Talent Development Committee of the Board of Directors, consisting of non-employee directors. Stock Option Valuation Assumptions: Stock options are granted at the fair market value of the Company’s common stock on the date of grant and have a maximum 10-year term. Generally, stock option grants vest ratably over three The following describes how certain assumptions affecting the estimated fair value of stock options are determined: the expected volatility is based on an average of the market implied volatility and historical volatility for the expected life; the dividend yield is computed as the annualized dividend rate at the date of the grant divided by the strike price of the stock option; and the risk-free interest rate is based on U.S. Treasury securities with maturities equal to the expected life of the option. The Company uses historical data in order to estimate a forfeiture rate, which is generally eight to ten percent, and uses historical data, including holding period behavior, to determine the expected life for stock option valuation purposes. The fair value of stock option grants is estimated on the date of grant using the Black-Scholes option pricing model. The following weighted-average assumptions were used to value grants made in 2024, 2023 and 2022: 2024 2023 2022 Average expected volatility 38.0 % 39.1 % 38.6 % Dividend yield 3.6 % 3.6 % 3.7 % Risk-free interest rate 4.2 % 4.0 % 3.2 % Expected life 5.0 years 5.0 years 4.2 years Fair value per option $ 25.25 $ 26.05 $ 20.00 Weighted-average vesting period 2.0 years 1.9 years 1.7 years Stock Options: The number of stock options and weighted-average exercise prices as of December 28, 2024 are as follows: Options Price Outstanding, December 30, 2023 5,490,848 $ 133.22 Granted 832,331 89.34 Exercised (163,179) 89.19 Forfeited (241,429) 125.24 Outstanding, December 28, 2024 5,918,571 $ 128.59 Exercisable, December 28, 2024 4,339,550 $ 140.93 At December 28, 2024, the range of exercise prices on outstanding stock options was $77.83 to $193.97 per share. Stock option expense was $25.3 million, $26.6 million and $27.1 million for 2024, 2023 and 2022, respectively. At December 28, 2024, the Company had $20.0 million of unrecognized pre-tax compensation expense for stock options. This expense will be recognized over the remaining vesting periods which are 1.5 years on a weighted-average basis. During 2024, the Company received $14.5 million in cash from the exercise of stock options. The related cash tax benefit from the exercise of these options wa s $0.4 million . D uring 2024, 2023 and 2022, the total intrinsic value of options exercised was $1.9 million, $1.0 million and $4.6 million, respectively. When options are exercised, the related shares are issued from treasury stock. During 2024, 2023, and 2022, the tax shortfall recognized was $0.3 million, $0.1 million, and $0.1 million, respectively and was recorded in income tax expens e. Outstanding and exercisable stock option information at December 28, 2024 follows: Outstanding Stock Options Exercisable Stock Options Exercise Price Ranges Options Weighted- Weighted- Options Weighted- Weighted- $100.00 and below 2,183,691 8.46 $ 86.00 719,340 8.04 $ 82.46 100.01 — 165.00 2,055,411 3.38 131.22 2,040,881 3.35 131.38 165.01 — higher 1,679,469 5.30 180.74 1,579,329 5.19 179.90 5,918,571 5.80 $ 128.59 4,339,550 4.80 $ 140.93 Compensation cost for new grants is recognized on a straight-line basis over the vesting period. The expense for retirement eligible employees (as defined in Note A, Significant Accounting Policies ) is recognized by the date they become retirement eligible, as such employees may retain their options for the 10-year contractual term in the event they retire prior to the end of the vesting period stipulated in the grant. As of December 28, 2024, the aggregate intrinsic value of stock options outstanding and stock options exercisable was $1.9 million and $1.2 million, respectively. Employee Stock Purchase Plan: The Employee Stock Purchase Plan (“ESPP”) enables eligible employees in the United States, Canada and Israel to purchase shares of the Company's common stock at the lower of 85.0% of the fair market value of the shares on the grant date ($69.59 per share for fiscal year 2024 purchases) or 85.0% of the fair market value of the shares on the last business day of each month. A maximum of 1,600,000 shares are authorized for subscription. During 2024, 2023 and 2022, 148,144 shares, 181,573 shares and 136,956 shares, respectively, were issued under the plan at average prices of $69.49, $65.34, and $96.09 per share, respectively, and the intrinsic value of the ESPP purchases was $3.7 million, $4.1 million and $2.3 million, respectively. For 2024, the Company received $10.3 million in cash from ESPP purchases, and there was no related tax benefit. The fair value of ESPP shares was estimated using the Black-Scholes option pricing model. ESPP compensation cost is recognized ratably over the one-year term based on actual employee stock purchases under the plan. The fair value of the employees’ purchase rights under the ESPP was estimated using the following assumptions for 2024, 2023 and 2022, respectively: dividend yield of 3.3%, 3.9% and 1.7%; expected volatility of 34.0%, 42.0% and 25.0%; risk-free interest rates of 5.2%, 4.7%, and 0.2%; and expected lives of one year. The weighted-average fair value of those purchase rights granted in 2024, 2023 and 2022 was $27.38, $21.26 and $38.51, respectively. Total compensation expense recognized for ESPP was $3.7 million, $3.6 million, and $3.3 million in 2024, 2023, and 2022, respectively. Restricted Share Units: Compensation cost for restricted share units (“RSUs”) granted to employees is recognized ratably over the vesting term, which varies but is generally three Total compensation expense recognized for RSUs amounted to $64.0 million, $53.9 million and $50.6 million in 2024, 2023 and 2022, respectively. The related cash tax benefit received related to the shares that were delivered in 2024 was $10.1 million. During 2024, 2023, and 2022, the tax shortfall recognized was $0.8 million, $1.9 million, and $3.6 million, respectively. As of December 28, 2024, unrecognized compensation expense for RSUs amounted to $70.8 million and will be recognized over a weighted-average period of 1.4 years. A summary of non-vested restricted share units and award activity as of December 28, 2024, and changes during the year then ended is as follows: Restricted Share Weighted-Average Non-vested at December 30, 2023 1,490,924 $ 100.24 Granted 750,126 89.66 Vested (585,745) 99.85 Forfeited (175,322) 96.78 Non-vested at December 28, 2024 1,479,983 $ 95.44 The total fair value of vested RSUs (market value on the date vested) during 2024, 2023 and 2022 was $59.4 million, $49.9 million and $38.9 million, respectively. Prior to 2020, non-employee members of the Board of Directors received annual restricted share-based grants which must be cash settled, and accordingly mark-to-market accounting is applied. In 2024, the Company recognized $0.9 million of income for these awards. In 2023 and 2022, the Company recognized $1.5 million of expense and $9.8 million of income for these awards, respectively. Beginning in 2020, the annual grant issued to non-employee members of the Board of Directors is stock settled. The expense related to the annual grant in 2024, 2023 and 2022 was $1.7 million, $1.9 million, and $1.8 million respectively. Additionally, non-employee members of the Board of Directors may defer any or all of their cash retainer fees, which would subsequently be settled as RSU awards. Compensation expense related to these RSUs was $1.0 million, $1.1 million, and $1.2 million for 2024, 2023 and 2022, respectively. Management Incentive Compensation Plan Performance Stock Units: In 2020, the Company granted Performance Stock Units (collectively "MICP-PSUs") under the Management Incentive Compensation Plan ("MICP") to participating employees. Awards were payable in shares of common stock and generally no award was made if the employee terminated employment prior to the settlement dates. The delivery of the shares related to the 2020 MICP-PSU grant occurred ratably in 2021, 2022, and 2023. The total shares delivered were based on actu al 2020 performance in relation to the established goals. No additional MICP-PSUs have been granted under the MICP in 2022, 2023, or 2024. Compensation cost for these performance awards was recognized ratably over the vesting term of three years. Total income recognized in 2023 related to these MICP-PSUs approxi mated $5.0 million. The total expense recognized in 2022 related to these MICP-PSUs approxi mated $9.1 million. The related cash tax benefit received related to the shares that were delivered in 2023 and 2022 was $0.9 million and $3.6 million, respectively. There was no compensation cost for these performance awards recognized in 2024, as the 2020 MICP-PSUs were fully vested. Long-Term Performance Awards: The Company has granted Long-Term Performance Awards (“LTIP”) under its 2022 Plan and 2018 Omnibus Award Plan to senior management employees for achieving Company performance measures. Awards are payable in shares of common stock, which may be subject to restrictions if the employee has not achieved certain stock ownership levels, and generally no award is made if the employee terminates employment prior to the settlement date. LTIP grants were made in 2022, 2023 and 2024. Each grant has two separate performance goals representing 75% of the grant date value and one market-based metric representing 25% of the grant date value. For grants made in 2024 and 2023, the performance goals are relative organic sales growth measured over the three-year performance period and cash flow return on investment measured for each year within the three-year performance period. For grants made in 2022, the annual performance goals were earnings per share and cash flow return on investment. For all years, the market-based metric measures the Company’s common stock return relative to peers over the three-year performance period. The ultimate delivery of shares will occur in 2025, 2026 and 2027 for the 2022, 2023 and 2024 grants, respectively. Share settlements are based on actual performance in relation to these goals. Expense recognized for these performance awards was $9.7 million and $1.7 million in 2024 and 2023, respectively. Income recognized for these performance awards in 2022 was $2.4 million. With the exception of the market-based metric comprising 25% of the award, in the event performance goals are not met, compensation cost is not recognized and any previously re cognized compensation cost is reversed. The related cash tax benefit received related to the shares that were delivered in 2024, 2023, and 2022 was $0.1 million, $0.3 million and $1.3 million, respectively. The tax shortfall recognized in 2024, 2023 and 2022 was $0.5 million , $0.5 million and less than $0.1 million, respectively. A summary of the activity pertaining to the maximum number of shares that may be issued is as follows: LTIP Units Weighted-Average Non-vested at December 30, 2023 731,128 $ 119.90 Granted 468,228 80.86 Vested (15,562) 163.45 Forfeited (164,646) 149.63 Non-vested at December 28, 2024 1,019,148 $ 96.50

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE LOSS	12 Months Ended
	Dec. 28, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
ACCUMULATED OTHER COMPREHENSIVE LOSS	ACCUMULATED OTHER COMPREHENSIVE LOSS The following table summarizes the changes in the accumulated balances for each component of Accumulated other comprehensive loss: (Millions of Dollars) Currency translation adjustment and other (Losses) gains on cash flow hedges, net of tax Gains (losses) on net investment hedges, net of tax Pension (losses) gains, net of tax Total Balance - December 31, 2022 $ (1,907.4) $ (44.5) $ 73.8 $ (241.4) $ (2,119.5) Other comprehensive income (loss) before reclassifications 75.1 (1.6) (8.9) (26.9) 37.7 Reclassification adjustments to earnings — 3.6 — 9.1 12.7 Net other comprehensive income (loss) 75.1 2.0 (8.9) (17.8) 50.4 Balance - December 30, 2023 $ (1,832.3) $ (42.5) $ 64.9 $ (259.2) $ (2,069.1) Other comprehensive (loss) income before reclassifications (331.9) 24.3 13.5 35.0 (259.1) Adjustments related to sales of businesses (6.0) — — — (6.0) Reclassification adjustments to earnings — 1.5 — 11.8 13.3 Net other comprehensive (loss) income (337.9) 25.8 13.5 46.8 (251.8) Balance - December 28, 2024 $ (2,170.2) $ (16.7) $ 78.4 $ (212.4) $ (2,320.9) The Company uses the portfolio method for releasing the stranded tax effects from Accumulated other comprehensive loss. The reclassifications out of Accumulated other comprehensive loss for the years ended December 28, 2024 and December 30, 2023 were as follows: (Millions of Dollars) 2024 2023 Components of Accumulated other comprehensive loss Reclassification adjustments Reclassification adjustments Affected line item in Consolidated Statements of Operations Realized gains (losses) on cash flow hedges $ 2.0 $ (0.6) Cost of sales Realized losses on cash flow hedges (6.1) (6.1) Interest expense Total before taxes (4.1) (6.7) Tax effect 2.6 3.1 Income taxes Realized losses on cash flow hedges, net of tax $ (1.5) $ (3.6) Actuarial losses and prior service costs / credits $ (11.1) $ (11.1) Other, net Settlement losses (3.5) (1.0) Other, net Total before taxes (14.6) (12.1) Tax effect 2.8 3.0 Income taxes Amortization of defined benefit pension items, net of tax $ (11.8) $ (9.1)

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 28, 2024
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS EMPLOYEE STOCK OWNERSHIP PLAN (“ESOP ”) — Most U.S. employees may make contributions that do not exceed 25% of their eligible compensation to a tax-deferred 401(k) savings plan, subject to restrictions under tax laws. Employees generally direct the investment of their own contributions into various investment funds. An employer match benefit is provided under the plan equal to one half of each employee’s tax-deferred contribution up to the first 7% of their compensation. Participants direct the entire employer match benefit such that no participant is required to hold the Company’s common stock in their 401(k) account. The employer match benefit totaled $31.7 million, $32.8 million and $32.2 million in 2024, 2023 and 2022, respectively. In addition, 11,249 U.S. salaried and non-union hourly employees are eligible to receive a non-contributory benefit under the Core benefit plan. Core benefit allocations range from 2% to 6% of eligible employee compensation based on age. Allocations for benefits earned under the Core plan were $36.1 million, $38.8 million, and $28.9 million in 2024, 2023 and 2022, respectively. Assets held in participant Core accounts are invested in target date retirement funds which have an age-based allocation of investments. The Company’s net ESOP activity resulted in expense of $67.8 million, $71.6 million, and $61.1 million in 2024, 2023, and 2022, respectively, and is compromised of the aforementioned Core and 401(k) match defined contribution benefits. The Company made cash contributions totaling $72.6 million in 2024, $61.0 million in 2023 and $67.8 million in 2022. PENSION AND OTHER BENEFIT PLANS — The Company sponsors pension plans covering most domestic hourly and certain executive employees, and 13,110 foreign employees. Benefits are generally based on salary and years of service, except for U.S. collective bargaining employees whose benefits are based on a stated amount for each year of service. The Company contributes to a number of multi-employer plans for certain collective bargaining U.S. employees. The risks of participating in these multi-employer plans are different from single-employer plans in the following aspects: a. Assets contributed to the multi-employer plan by one employer may be used to provide benefit to employees of other participating employers. b. If a participating employer stops contributing to the plan, the unfunded obligations of the plan may be inherited by the remaining participating employers. c. If the Company chooses to stop participating in some of its multi-employer plans, the Company may be required to pay those plans an amount based on the underfunded status of the plan, referred to as a withdrawal liability. In addition, the Company also contributes to a number of multi-employer plans outside of the U.S. The foreign plans are insured, therefore, the Company’s obligation is limited to the payment of insurance premiums. The Company has assessed and determined that none of the multi-employer plans to which it contributes are individually significant to the Company’s Consolidated Financial Statements. The Company does not expect to incur a withdrawal liability or expect to significantly increase its contributions over the remainder of the contract period. In addition to the multi-employer plans, various other defined contribution plans are sponsored worldwide. As of December 28, 2024 and December 30, 2023, the Company had $118.7 million and $104.7 million, respectively, of liabilities pertaining to an unfunded supplemental defined contribution plan for certain U.S. employees. The expense (benefit) for defined contribution plans, aside from the earlier discussed ESOP plans, are as follows: (Millions of Dollars) 2024 2023 2022 Multi-employer plan expense $ 3.7 $ 3.5 $ 6.0 Other defined contribution plan expense (benefit) $ 45.7 $ 43.3 $ (2.4) The components of net periodic pension expense (benefit) are as follows: U.S. Plans Non-U.S. Plans (Millions of Dollars) 2024 2023 2022 2024 2023 2022 Service cost $ 6.4 $ 8.1 $ 6.2 $ 12.2 $ 11.2 $ 15.1 Interest cost 51.6 54.7 33.6 41.7 43.4 22.9 Expected return on plan assets (60.8) (62.1) (60.9) (43.9) (41.5) (37.7) Amortization of prior service cost (credit) 0.6 0.8 0.9 (0.7) (0.7) (0.7) Actuarial loss amortization 8.1 8.9 5.9 4.4 3.4 7.9 Special termination benefit — — — — 0.3 — Settlement / curtailment loss — 0.3 0.2 3.5 0.7 0.2 Net periodic pension expense (benefit) $ 5.9 $ 10.7 $ (14.1) $ 17.2 $ 16.8 $ 7.7 The Company provides medical and dental benefits for certain retired employees in the United States, Brazil, and Canada. Approximately 461 participants are covered under these plans. Net periodic post-retirement benefit expense was comprised of the following: Other Benefit Plans (Millions of Dollars) 2024 2023 2022 Service cost $ 0.3 $ 0.3 $ 0.3 Interest cost 1.7 2.0 1.5 Amortization of prior service credit 0.1 0.1 — Actuarial gain amortization (1.4) (1.4) (0.7) Settlement / curtailment gain — — (0.4) Special termination benefit — — 6.9 Net periodic post-retirement expense $ 0.7 $ 1.0 $ 7.6 The components of net periodic post-retirement benefit expense other than the service cost component are included in Other, net Changes in plan assets and benefit obligations recognized in Accumulated other comprehensive loss in 2024 are as follows: (Millions of Dollars) 2024 Current year actuarial gain $ (47.9) Amortization of actuarial loss (11.1) Prior service cost from plan amendments 0.2 Settlement / curtailment loss (3.5) Currency / other (1.2) Total decrease recognized in Accumulated other comprehensive loss (pre-tax) $ (63.5) The changes in the pension and other post-retirement benefit obligations, fair value of plan assets, as well as amounts recognized in the Consolidated Balance Sheets, are shown below. U.S. Plans Non-U.S. Plans Other Benefits (Millions of Dollars) 2024 2023 2024 2023 2024 2023 Change in benefit obligation Benefit obligation at end of prior year $ 1,090.3 $ 1,083.5 $ 999.1 $ 931.0 $ 35.2 $ 42.8 Service cost 6.4 8.1 12.2 11.2 0.3 0.3 Interest cost 51.6 54.7 41.7 43.4 1.7 2.0 Special termination benefit — — — 0.3 — — Settlements/curtailments — (5.6) (14.5) (7.6) — — Actuarial (gain) loss (46.7) 40.2 (92.6) 26.6 (1.4) (2.3) Plan amendments 0.1 — 0.1 — — — Foreign currency exchange rate changes — — (29.2) 46.5 (1.1) 0.3 Participant contributions — — 0.2 0.2 — — Acquisitions, divestitures, and other (4.6) (7.7) (2.8) (2.7) — — Benefits paid (84.6) (82.9) (52.6) (49.8) (7.7) (7.9) Benefit obligation at end of year $ 1,012.5 $ 1,090.3 $ 861.6 $ 999.1 $ 27.0 $ 35.2 Change in plan assets Fair value of plan assets at end of prior year $ 979.2 $ 967.3 $ 831.0 $ 783.4 $ — $ — Actual return on plan assets 21.1 93.4 (6.1) 50.1 — — Participant contributions — — 0.2 0.2 — — Employer contributions 12.3 14.7 20.9 19.6 7.7 7.9 Settlements — (5.6) (16.9) (11.3) — — Foreign currency exchange rate changes — — (14.4) 41.5 — — Acquisitions, divestitures, and other (4.6) (7.7) (2.4) (2.7) — — Benefits paid (84.6) (82.9) (52.6) (49.8) (7.7) (7.9) Fair value of plan assets at end of plan year $ 923.4 $ 979.2 $ 759.7 $ 831.0 $ — $ — Funded status — assets less than benefit obligation $ (89.1) $ (111.1) $ (101.9) $ (168.1) $ (27.0) $ (35.2) Unrecognized prior service cost (credit) 1.5 2.1 (13.0) (13.9) 0.4 0.4 Unrecognized net actuarial loss (gain) 217.9 233.0 121.0 170.2 (19.1) (19.6) Net amount recognized $ 130.3 $ 124.0 $ 6.1 $ (11.8) $ (45.7) $ (54.4) U.S. Plans Non-U.S. Plans Other Benefits (Millions of Dollars) 2024 2023 2024 2023 2024 2023 Amounts recognized in the Consolidated Balance Sheets Prepaid benefit cost (non-current) $ 3.8 $ — $ 124.8 $ 88.7 $ — $ — Current benefit liability (5.2) (5.6) (10.3) (10.9) (5.2) (7.6) Non-current benefit liability (87.7) (105.5) (216.4) (245.9) (21.8) (27.6) Net liability recognized $ (89.1) $ (111.1) $ (101.9) $ (168.1) $ (27.0) $ (35.2) Accumulated other comprehensive loss (pre-tax): Prior service cost (credit) $ 1.5 $ 2.1 $ (13.0) $ (13.9) $ 0.4 $ 0.4 Actuarial loss (gain) 217.9 233.0 121.0 170.2 (19.1) (19.6) 219.4 235.1 108.0 156.3 (18.7) (19.2) Net amount recognized $ 130.3 $ 124.0 $ 6.1 $ (11.8) $ (45.7) $ (54.4) Actuarial gains and losses reflected in the table above are driven by changes in demographic experience, changes in assumptions, and differences in actual returns on investments compared to estimated returns from the prior year. For the year ended December 28, 2024, the decrease in the benefit obligation is primarily driven by the increase in the single equivalent discount rate used to measure these obligations as well as favorable changes in demographic experience. These actuarial gains were partially offset as actual returns on plan assets during the year were lower than the estimated return. The accumulated benefit obligation for all benefit plans was $1.868 billion at December 28, 2024 and $2.084 billion at December 30, 2023. The following table provides information regarding pension plans in which accumulated benefit obligations exceed plan assets as of December 28, 2024 and December 30, 2023: U.S. Plans Non-U.S. Plans (Millions of Dollars) 2024 2023 2024 2023 Accumulated benefit obligation $ 916.5 $ 1,090.3 $ 221.1 $ 249.9 Fair value of plan assets $ 823.6 $ 979.1 $ 25.7 $ 31.5 The following table provides information regarding pension plans in which projected benefit obligations (inclusive of anticipated future compensation increases) exceed plan assets as of December 28, 2024 and December 30, 2023: U.S. Plans Non-U.S. Plans (Millions of Dollars) 2024 2023 2024 2023 Projected benefit obligation $ 916.5 $ 1,090.3 $ 271.9 $ 304.5 Fair value of plan assets $ 823.6 $ 979.1 $ 45.2 $ 47.8 The major assumptions used in valuing pension and post-retirement plan obligations and net costs were as follows: Pension Benefits U.S. Plans Non-U.S. Plans Other Benefits 2024 2023 2022 2024 2023 2022 2024 2023 2022 Weighted-average assumptions used to determine benefit obligations at year end: Discount rate 5.55 % 5.04 % 5.36 % 5.04 % 4.43 % 4.70 % 5.74 % 5.45 % 5.47 % Rate of compensation increase — — — 3.45 % 3.52 % 3.64 % — — — Weighted-average assumptions used to determine net periodic benefit cost: Discount rate - service cost 5.27 % 5.58 % 3.14 % 5.18 % 5.23 % 2.67 % 6.33 % 6.64 % 4.41 % Discount rate - interest cost 4.96 % 5.23 % 2.28 % 4.36 % 4.67 % 1.69 % 5.44 % 5.37 % 2.25 % Rate of compensation increase — — 3.00 % 3.52 % 3.64 % 3.57 % — — — Expected return on plan assets 6.47 % 6.70 % 4.69 % 5.45 % 5.29 % 3.41 % — — — The expected rate of return on plan assets is determined considering the returns projected for the various asset classes and the relative weighting for each asset cla ss . The Company will use a 6.57% weighted-average expected rate of return assumption to determine the 2025 net periodic benefit cost. PENSION PLAN ASSETS — Plan assets are invested in equity securities, government and corporate bonds and other fixed income securities, money market instruments and insurance contracts. The Company’s worldwide asset allocations at December 28, 2024 and December 30, 2023 by asset category and the level of the valuation inputs within the fair value hierarchy established by ASC 820, Fair Value Measurement , were as follows: Asset Category (Millions of Dollars) 2024 Level 1 Level 2 Cash and cash equivalents $ 29.7 $ 20.3 $ 9.4 Equity securities U.S. equity securities 166.1 48.7 117.4 Foreign equity securities 92.8 24.5 68.3 Fixed income securities Government securities 647.7 253.5 394.2 Corporate securities 678.9 — 678.9 Insurance contracts 37.7 — 37.7 Other 30.2 — 30.2 Total $ 1,683.1 $ 347.0 $ 1,336.1 Asset Category (Millions of Dollars) 2023 Level 1 Level 2 Cash and cash equivalents $ 40.9 $ 25.8 $ 15.1 Equity securities U.S. equity securities 191.5 63.5 128.0 Foreign equity securities 119.7 34.7 85.0 Fixed income securities Government securities 646.0 239.8 406.2 Corporate securities 736.5 — 736.5 Insurance contracts 39.6 — 39.6 Other 36.0 — 36.0 Total $ 1,810.2 $ 363.8 $ 1,446.4 U.S. and foreign equity securities primarily consist of companies with large market capitalization and to a lesser extent mid and small capitalization securities. Government securities primarily consist of U.S. Treasury securities and foreign government securities with de minimus default risk. Corporate fixed income securities include publicly traded U.S. and foreign investment grade and to a small extent high yield securities. Assets held in insurance contracts are invested in the general asset pools of the various insurers, mainly debt and equity securities with guaranteed returns. Other investments include diversified private equity holdings. The level 2 investments are primarily comprised of institutional mutual funds that are not publicly traded; the investments held in these mutual funds are generally level 1 publicly traded securities. The Company's investment strategy for pension assets focuses on a liability-matching approach with gradual de-risking taking place over a period of many years. The Company utilizes the current funded status to transition the portfolio toward investments that better match the duration and cash flow attributes of the underlying liabilities. Assets approximating 70% of the Company's current pension liabilities have been invested in fixed income securities, using a liability / asset matching duration strategy, with the primary goal of mitigating exposure to interest rate movements and preserving the overall funded status of the underlying plans. Plan assets are broadly diversified and are invested to ensure adequate liquidity for immediate- and medium-term benefit payments. The Company’s target asset allocations include approximately 10%-30% in equity securities, approximately 60%-80% in fixed income securities and approximately 10% in other securities. The funded status percentage (total plan assets divided by total projected benefit obligation) of all global pension plans was 90% in 2024, and 87% in both 2023 and 2022. CONTRIBUTIONS — The Company’s funding policy for its defined benefit plans is to contribute amounts determined annually on an actuarial basis to provide for current and future benefits in accordance with federal law and other regulations. The Company expects to contribute approximately $30 million to its pension and other post-retirement benefit plans in 2025. EXPECTED FUTURE BENEFIT PAYMENTS — Benefit payments, inclusive of amounts attributable to estimated future employee service, are expected to be paid over the next 10 years as follows: (Millions of Dollars) Total Year 1 Year 2 Year 3 Year 4 Year 5 Years 6-10 Future payments $ 1,440.5 $ 153.8 $ 146.5 $ 145.6 $ 145.5 $ 144.1 $ 705.0 These benefit payments will be funded through a combination of existing plan assets, the returns on those assets, and amounts to be contributed in the future by the Company. HEALTH CARE COST TRENDS — The weighted-average annual assumed rate of increase in the per-capita cost of covered benefits (i.e., health care cost trend rate) is assumed to be 6.3% for 2024, reducing gradually to 4.9% by 2032 and remaining at that level thereafter.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Dec. 28, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS ASC 820, Fair Value Measurement , defines, establishes a consistent framework for measuring, and expands disclosure requirements about fair value. ASC 820 requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s market assumptions. These two types of inputs create the following fair value hierarchy: Level 1 — Quoted prices for identical instruments in active markets. Level 2 — Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs and significant value drivers are observable. Level 3 — Instruments that are valued using unobservable inputs. The Company is exposed to market risk from changes in foreign currency exchange rates, interest rates, stock prices and commodity prices. The Company holds various financial instruments to manage these risks. These financial instruments are carried at fair value and are included within the scope of ASC 820. The Company determines the fair value of these financial instruments through the use of matrix or model pricing, which utilizes observable inputs such as market interest and currency rates. When determining fair value for which Level 1 evidence does not exist, the Company considers various factors including the following: exchange or market price quotations of similar instruments, time value and volatility factors, the Company’s own credit rating and the credit rating of the counterparty. Recurring Fair Value Measurements The following table presents the Company’s financial assets and liabilities that are measured at fair value on a recurring basis for each of the hierarchy levels: (Millions of Dollars) Total Level 1 Level 2 Level 3 December 28, 2024 Money market fund $ 14.2 $ 14.2 $ — $ — Deferred compensation plan investments $ 17.0 $ 17.0 $ — $ — Derivative assets $ 32.6 $ — $ 32.6 $ — Derivative liabilities $ 11.8 $ — $ 11.8 $ — Contingent consideration liability $ 167.4 $ — $ — $ 167.4 December 30, 2023 Money market fund $ 12.3 $ 12.3 $ — $ — Non-derivative hedging instrument $ 399.7 $ — $ 399.7 $ — Deferred compensation plan investments $ 20.2 $ 20.2 $ — $ — Derivative assets $ 8.5 $ — $ 8.5 $ — Derivative liabilities $ 17.9 $ — $ 17.9 $ — Contingent consideration liability $ 208.8 $ — $ — $ 208.8 The following table provides information about the Company's financial assets and liabilities not carried at fair value: December 28, 2024 December 30, 2023 (Millions of Dollars) Carrying Fair Carrying Fair Other investments $ 4.0 $ 3.9 $ 6.0 $ 5.8 Long-term debt, including current portion $ 6,103.0 $ 5,548.8 $ 6,102.1 $ 5,512.8 The money market fund and other investments related to the West Coast Loading Corporation ("WCLC") trust are considered Level 1 instruments within the fair value hierarchy. The deferred compensation plan investments are considered Level 1 instruments and are recorded at their quoted market price. The fair values of the derivative financial instruments in the table above are based on current settlement values. The long-term debt instruments are considered Level 2 instruments and are measured using a discounted cash flow analysis based on the Company’s marginal borrowing rates. The differences between the carrying values and fair values of long-term debt are attributable to the stated interest rates differing from the Company's marginal borrowing rates. The fair values of the Company's variable rate short-term borrowings approximated their carrying values at December 30, 2023. As part of the Craftsman® brand acquisition in March 2017, the Company recorded a contingent consideration liability representing the Company's obligation to make future payments to Transform Holdco, LLC, which operates Sears and Kmart retail locations, of between 2.5% and 3.5% on sales of Craftsman products in new Stanley Black & Decker, Inc. channels through March 2032. During the year ended December 28, 2024, the Company paid $38.9 million for royalties owed. The Company will continue making future payments quarterly through the second quarter of 2032. The estimated fair value of the contingent consideration liability is determined using a discounted cash flow analysis taking into consideration future sales projections, forecasted payments to Transform Holdco, LLC, based on contractual royalty rates, and the related tax impacts. The estimated fair value of the contingent consideration liability was $167.4 million and $208.8 million as of December 28, 2024 and December 30, 2023 , respectively. Adjustments to the contingent consideration liability, with the exception of cash payments, are recorded in SG&A in the Consolidated Statements of Operations. A 100-basis point reduction in the discount rate would result in an increase to the liability of approximately $4.5 million as of December 28, 2024. A single estimate of fair value results from a complex series of judgments about future events and uncertainties and relies heavily on estimates and assumptions. The Company's judgments used to determine the estimated contingent consideration liability discussed above, including estimated future sales projections, can materially impact the Company's results of operations. Refer to Note H, Financial Instruments , for more details regarding derivative financial instruments, Note R, Contingencies, for more details regarding the other investments related to the WCLC trust, and Note G, Long-Term Debt and Financing Arrangements , for more information regarding the carrying values of the long-term debt. Non-Recurring Fair Value Measurements The Company recorded impairment charges in the first quarter of 2024 and the fourth quarter of 2023 to adjust the carrying amount of the long-lived assets of its Infrastructure business sold on April 1, 2024, which were considered Level 3 fair value measurements. Refer to Note S, Divestitures for further discussion. Additionally, the Company recorded an impairment charge in the third quarter of 2024 related to the Lenox trade name, which is considered a Level 3 fair value measurement. Previously, the Company recorded an impairment charge in the third quarter of 2023 related to the Irwin and Troy-Bilt trade names, which is also considered a Level 3 fair value measurement. Refer to Note E, Goodwill and Intangible Assets . The Company had no other significant non-recurring fair value measurements, nor any other financial assets or liabilities measured using Level 3 inputs, during 2024 or 2023.

OTHER COSTS AND EXPENSES

OTHER COSTS AND EXPENSES	12 Months Ended
	Dec. 28, 2024
Other Costs and Expenses [Abstract]
OTHER COSTS AND EXPENSES	OTHER COSTS AND EXPENSES Other, net is primarily comprised of intangible asset amortization expense, currency-related gains or losses, environmental remediation expense, deal costs and related consulting costs, and certain pension gains or losses. Other, net amounted to $448.8 million, $320.1 million and $274.8 million for fiscal years 2024, 2023 and 2022, respectively. The year-over-year increase in 2024 is primarily driven by an environmental remediation reserve adjustment relating to the Centredale site, as further discussed in Note R, Contingencies , partially offset by lower intangible asset amortization due to the divestiture of the Infrastructure business. The year-over-year increase in 2023 was driven by higher pension and environmental remediation costs as well as write-downs on certain investments, partially offset by income related to providing transition services to previously divested businesses.

RESTRUCTURING CHARGES

RESTRUCTURING CHARGES	12 Months Ended
	Dec. 28, 2024
Restructuring and Related Activities [Abstract]
RESTRUCTURING CHARGES	RESTRUCTURING CHARGES A summary of the restructuring reserve activity from December 30, 2023 to December 28, 2024 is as follows: (Millions of Dollars) December 30, 2023 Net Usage Currency December 28, 2024 Severance and related costs $ 25.8 $ 49.0 $ (50.3) $ 0.8 $ 25.3 Facility closures and other 3.1 50.9 (33.9) — 20.1 Total $ 28.9 $ 99.9 $ (84.2) $ 0.8 $ 45.4 During 2024, the Company recognized net restructuring charges of $99.9 million, primarily related to severance and facility closures associated with the supply chain transformation. The majority of the $45.4 million of reserves remaining as of December 28, 2024 is expected to be utilized within the next 12 months. Segments: The $99.9 million of net restructuring charges for the year ended December 28, 2024 includes: $84.0 million pertaining to the Tools & Outdoor segment; $7.7 million pertaining to the Industrial segment; and $8.2 million pertaining to Corporate.

BUSINESS SEGMENTS AND GEOGRAPHI

BUSINESS SEGMENTS AND GEOGRAPHIC AREAS	12 Months Ended
	Dec. 28, 2024
Segment Reporting [Abstract]
BUSINESS SEGMENTS AND GEOGRAPHIC AREAS	BUSINESS SEGMENTS AND GEOGRAPHIC AREAS The Company’s operations are classified into two reportable business segments: Tools & Outdoor and Industrial. The Tools & Outdoor segment is comprised of the Power Tools Group ("PTG"), Hand Tools, Accessories & Storage ("HTAS") and Outdoor Power Equipment ("Outdoor") product lines. The PTG product line includes both professional and consumer products. Professional products, primarily under the DEWALT® brand, include professional grade corded and cordless electric power tools and equipment including drills, impact wrenches and drivers, grinders, saws, routers, sanders, and concrete prep and placement tools as well as pneumatic tools and fasteners including nail guns, nails, staplers and staples, and concrete and masonry anchors. DIY and tradesperson focused products include corded and cordless electric power tools sold primarily under the CRAFTSMAN® and STANLEY® brands, consumer home products such as household power tools, hand-held vacuums, and small appliances primarily under the BLACK+DECKER® brand. The HTAS product line sells hand tools, power tool accessories and storage products primarily under the DEWALT®, CRAFTSMAN®, and STANLEY® brands. Hand tools include measuring, leveling and layout tools, planes, hammers, demolition tools, clamps, vises, knives, saws, chisels, material handling, and industrial and automotive tools. Power tool accessories include drill bits, screwdriver bits, router bits, abrasives, saw blades and threading products. Storage products include tool boxes, sawhorses, cabinets and engineered storage solution products. The Outdoor product line primarily sells corded and cordless electric lawn and garden products, including hedge trimmers, string trimmers, lawn mowers, pressure washers and related accessories, and gas powered lawn and garden products, including lawn tractors, zero turn ride on mowers, walk behind mowers, snow blowers, residential robotic mowers, hand-held outdoor power equipment, garden tools, and parts and accessories to professionals and consumers under the DEWALT®, CRAFTSMAN®, CUB CADET®, BLACK+DECKER®, and HUSTLER® brand names. The Industrial segment is comprised of the Engineered Fastening business and the Infrastructure business prior to its sale in April 2024. The Engineered Fastening business primarily sells highly engineered components such as fasteners, fittings and various engineered products, which are designed for specific application across multiple verticals. The product lines include externally threaded fasteners, blind rivets and tools, blind inserts and tools, drawn arc weld studs and systems, engineered plastic and mechanical fasteners, self-piercing riveting systems, precision nut running systems, micro fasteners, high-strength structural fasteners, axel swage, latches, heat shields, pins, and couplings. The Company utilizes segment profit, which is defined as net sales minus cost of sales and SG&A inclusive of the provision for credit losses (aside from corporate overhead expense), and segment profit as a percentage of net sales to assess the profitability of each segment. Transactions between segments are not material. Segment assets primarily include cash, accounts receivable, inventory, other current assets, property, plant and equipment, right-of-use lease assets and intangible assets. Net sales and long-lived assets are attributed to the geographic regions based on the geographic locations of the end customer and the Company subsidiary, respectively. The Company’s CODM is the President and Chief Executive Officer. The CODM uses segment profit for each segment as part of the Company's annual operating plan and forecasting process. The CODM monitors actual segment profit results relative to operating plan and forecast to assess the performance of the business and allocate resources. BUSINESS SEGMENTS (Millions of Dollars) 2024 Tools & Outdoor Industrial Total Net Sales $ 13,304.2 $ 2,061.5 $ 15,365.7 Cost of sales 9,404.0 1,452.0 Selling, general and administrative 2,702.8 354.6 Segment Profit $ 1,197.4 $ 254.9 $ 1,452.3 Corporate Overhead (270.6) Other, net (448.8) Restructuring charges (99.9) Asset impairment charges (72.4) Interest income 179.1 Interest expense (498.6) Earnings from continuing operations before income taxes $ 241.1 (Millions of Dollars) 2023 Tools & Outdoor Industrial Total Net Sales $ 13,367.1 $ 2,414.0 $ 15,781.1 Cost of sales 10,090.2 1,758.2 Selling, general and administrative 2,589.3 389.3 Segment Profit $ 687.6 $ 266.5 $ 954.1 Corporate Overhead (312.2) Other, net (320.1) Loss on sales of businesses (10.8) Restructuring charges (39.4) Asset impairment charges (274.8) Interest income 186.9 Interest expense (559.4) Loss from continuing operations before income taxes $ (375.7) (Millions of Dollars) 2022 Tools & Outdoor Industrial Total Net Sales $ 14,423.7 $ 2,523.4 $ 16,947.1 Cost of sales 10,803.9 1,862.6 Selling, general and administrative 2,647.9 424.6 Segment Profit $ 971.9 $ 236.2 $ 1,208.1 Corporate Overhead (294.0) Other, net (274.8) Loss on sales of businesses (8.4) Restructuring charges (140.8) Asset impairment charges (168.4) Interest income 54.7 Interest expense (338.5) Earnings from continuing operations before income taxes $ 37.9 (Millions of Dollars) 2024 2023 2022 Capital and Software Expenditures Tools & Outdoor $ 301.5 $ 264.7 $ 438.5 Industrial 52.4 74.0 85.6 Discontinued operations — — 6.3 Consolidated $ 353.9 $ 338.7 $ 530.4 Depreciation and Amortization Tools & Outdoor $ 456.8 $ 453.5 $ 387.6 Industrial 132.7 171.6 184.2 Discontinued operations — — 0.4 Consolidated $ 589.5 $ 625.1 $ 572.2 Segment Assets December 28, 2024 December 30, 2023 Tools & Outdoor $ 18,135.8 $ 18,960.8 Industrial 3,962.9 4,081.7 22,098.7 23,042.5 Assets held for sale — 857.6 Corporate assets (249.8) (236.3) Consolidated $ 21,848.9 $ 23,663.8 Corporate Overhead includes the corporate overhead element of SG&A, which is not allocated to the business segments. For 2022, Corporate Overhead also included $0.3 million of sales. Corporate assets primarily consist of cash, deferred taxes, property, plant and equipment and right-of-use lease assets. Based on the nature of the Company's cash pooling arrangements, at times corporate-related cash accounts will be in a net liability position. Lowe's accounted for approximately 14%, 14% and 15% of the Company's consolidated net sales in 2024, 2023 and 2022, respectively, while The Home Depot accounted for approximately 14%, 13% and 13% of the Company's consolidated net sales in 2024, 2023 and 2022, respectively. As described in Note A, Significant Accounting Policies , the Company recognizes revenue at a point in time from the sale of tangible products or over time depending on when the performance obligation is satisfied. For the years ended December 28, 2024, December 30, 2023, and December 31, 2022, the majority of the Company’s revenue was recognized at the time of sale. The percent of total segment revenue recognized over time for the Industrial segment for the years ended December 28, 2024, December 30, 2023 and December 31, 2022 was 3.2%, 2.2% and 4.6%, respectively. The following table is a further disaggregation of the Industrial segment revenue for the years ended December 28, 2024, December 30, 2023 and December 31, 2022: (Millions of Dollars) 2024 2023 2022 Engineered Fastening $ 1,968.9 $ 1,965.4 $ 1,874.8 Infrastructure 92.6 448.6 648.6 Industrial $ 2,061.5 $ 2,414.0 $ 2,523.4 GEOGRAPHIC AREAS (Millions of Dollars) 2024 2023 2022 Net Sales United States $ 9,505.4 $ 9,861.3 $ 10,733.1 Canada 739.5 761.5 835.7 Other Americas 879.7 870.9 839.4 Europe 3,018.3 3,024.7 3,154.7 Asia 1,222.8 1,262.7 1,384.5 Consolidated $ 15,365.7 $ 15,781.1 $ 16,947.4 (Millions of Dollars) December 28, 2024 December 30, 2023 Property, Plant & Equipment, net United States $ 1,256.8 $ 1,306.5 Canada 5.6 7.2 Other Americas 208.4 253.2 Europe 273.4 300.0 Asia 290.1 303.0 Consolidated $ 2,034.3 $ 2,169.9

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 28, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Significant components of the Company’s deferred tax assets and liabilities, excluding 2023 amounts classified as held for sale, at the end of each fiscal year were as follows: (Millions of Dollars) 2024 2023 Deferred tax liabilities: Depreciation $ 73.9 $ 114.6 Intangible assets 799.6 817.7 Liability on undistributed foreign earnings 11.8 14.8 Lease right-of-use asset 118.1 126.5 Inventory — 32.6 Other 37.4 44.2 Total deferred tax liabilities $ 1,040.8 $ 1,150.4 Deferred tax assets: Employee benefit plans $ 137.9 $ 154.8 Basis differences in liabilities 139.5 100.8 Operating loss, capital loss and tax credit carryforwards 983.7 826.5 Lease liability 123.3 129.1 Intangible assets 636.2 681.3 Basis difference in debt obligations — 249.1 Capitalized research and development costs 205.3 194.6 Interest expense carryforward 207.2 152.7 Inventory 22.5 — Other 151.3 159.1 Total deferred tax assets $ 2,606.9 $ 2,648.0 Net Deferred Tax Asset before Valuation Allowance $ 1,566.1 $ 1,497.6 Valuation Allowance $ (967.8) $ (1,046.9) Net Deferred Tax Asset after Valuation Allowance $ 598.3 $ 450.7 A valuation allowance is recorded on certain deferred tax assets if it has been determined it is more likely than not that all or a portion of these assets will not be realized. The Company recorded a valuation allowance of $967.8 million and $1,046.9 million on deferred tax assets existing as of December 28, 2024 and December 30, 2023, respectively. The valuation allowances in 2024 and 2023 are primarily attributable to foreign and state net operating loss carryforwards, certain intangible assets, foreign capital loss carryforwards, foreign tax credits, and state tax credits. As of December 28, 2024, the Company has approximately $4.3 billion of unremitted foreign earnings and profits. Of the total amount, the Company has provided for deferred taxes of $11.8 million on approximately $1.0 billion, which is not indefinitely reinvested primarily due to the changes brought about by the Tax Cuts and Jobs Act. The Company otherwise continues to consider the remaining undistributed earnings of its foreign subsidiaries to be permanently reinvested based on its current plans for use outside of the U.S. and accordingly no taxes have been provided on such earnings. The cash held by the Company’s non-U.S. subsidiaries for indefinite reinvestment is generally used to finance foreign operations and investments, including acquisitions. The income taxes applicable to such earnings and other outside basis differences are not readily determinable or practicable to calculate. As of December 28, 2024, the Company has approximately $1.6 billion and $3.8 billion of net operating loss carryforwards available to reduce future tax obligations in certain U.S. state and foreign jurisdictions, respectively. The Company’s foreign net operating loss carryforwards primarily relate to its subsidiaries’ operations in Luxembourg ($2.3 billion), United Kingdom ($947.3 million), France ($187.3 million), Germany ($108.9 million), Brazil ($76.8 million), and other foreign jurisdictions ($169.5 million). The net operating loss carryforwards have various expiration dates beginning in 2025 with certain jurisdictions having indefinite carryforward periods. The foreign capital loss carryforwards of $19.4 million as of December 28, 2024 have indefinite carryforward periods. U.S. foreign tax credit carryforward balance as of December 28, 2024 totaled $17.0 million with various expiration dates beginning in 2027. State tax credit carryforward balance as of December 28, 2024 totaled $20.0 million. The carryforward balance is made up of various credit types spanning multiple state taxing jurisdictions and various expiration dates beginning in 2025. The components of earnings (loss) from continuing operations before income taxes consisted of the following: (Millions of Dollars) 2024 2023 2022 United States $ (925.4) $ (1,385.0) $ (1,233.8) Foreign 1,166.5 1,009.3 1,271.7 Earnings (loss) before income taxes $ 241.1 $ (375.7) $ 37.9 Income taxes on continuing operations consisted of the following: (Millions of Dollars) 2024 2023 2022 Current: Federal $ 4.3 $ 5.8 $ (79.0) Foreign 174.9 307.4 248.6 State 2.8 17.1 (16.7) Total current $ 182.0 $ 330.3 $ 152.9 Deferred: Federal $ (181.5) $ (158.2) $ (61.2) Foreign (17.5) (218.3) (222.5) State (28.2) (47.8) (1.6) Total deferred (227.2) (424.3) (285.3) Income taxes on continuing operations $ (45.2) $ (94.0) $ (132.4) Net income taxes paid for continuing operations during 2024, 2023 and 2022 were $352.3 million, $415.2 million and $482.6 million, respectively. The 2024, 2023 and 2022 amounts include refunds of $53.1 million, $25.3 million and $41.8 million, respectively. The reconciliation of the U.S. federal statutory income tax provision to Income taxes on continuing operations in the Consolidated Statements of Operations is as follows: (Millions of Dollars) 2024 2023 2022 Tax at statutory rate $ 50.6 $ (78.9) $ 8.0 State income taxes, net of federal benefits (21.2) (23.6) (19.3) Foreign tax rate differential (0.9) (48.0) (28.8) Uncertain tax benefits (8.6) 30.5 26.3 Change in valuation allowance (28.1) 33.5 (25.1) Change in deferred tax liabilities on undistributed foreign earnings 1.2 — 12.8 Stock-based compensation 8.0 8.2 7.3 Change in tax rates 0.7 0.2 (5.5) Tax credits (20.2) (17.8) (10.3) U.S. federal tax expense on foreign earnings 15.9 63.6 51.6 Intra-entity asset transfer of intellectual property — (131.3) (153.3) Withholding taxes 13.6 38.9 5.4 Impairment on assets held for sale 4.0 30.4 — Capital loss (64.4) — — Global minimum taxes 3.9 — — Other 0.3 0.3 (1.5) Income taxes on continuing operations $ (45.2) $ (94.0) $ (132.4) The Company conducts business globally and, as a result, files income tax returns in the U.S. federal jurisdiction and various state and foreign jurisdictions. In the normal course, the Company is subject to examinations by taxing authorities throughout the world. The Internal Revenue Service is currently examining the Company's consolidated U.S. income tax returns for the 2017 through 2019 tax years. With few exceptions, as of December 28, 2024, the Company is no longer subject to U.S. federal, state, local, or foreign examinations by tax authorities for years before 2012. The Company’s liabilities for unrecognized tax benefits relate to U.S. and various foreign jurisdictions. The following table summarizes the activity related to the unrecognized tax benefits: (Millions of Dollars) 2024 2023 2022 Balance at beginning of year $ 481.3 $ 502.7 $ 487.7 Additions based on tax positions related to current year 41.4 20.9 27.2 Additions based on tax positions related to prior years 10.2 20.4 41.1 Reductions based on tax positions related to prior years (41.6) (8.2) (37.8) Settlements (10.2) (16.2) (7.0) Statute of limitations expirations (28.7) (16.8) (8.5) Reclassification to long-term liabilities held for sale — (21.5) — Balance at end of year $ 452.4 $ 481.3 $ 502.7 The gross unrecognized tax benefits at December 28, 2024 and December 30, 2023 include $447.1 million and $475.7 million, respectively, of tax benefits that, if recognized, would impact the effective tax rate. The liability for potential penalties and interest related to unrecognized tax benefits, excluding 2023 amounts reclassified to liabilities held for sale, increased by $1.0 million in 2024, increased by $15.5 million in 2023 and decreased by $11.2 million in 2022. The liability for potential penalties and interest totaled $65.3 million as of December 28, 2024, $64.3 million as of December 30, 2023, and $48.8 million as of December 31, 2022. The Company classifies all tax-related interest and penalties as income tax expense. The Company considers many factors when evaluating and estimating its tax positions and the impact on income tax expense, which may require periodic adjustments, and which may not accurately anticipate actual outcomes. It is reasonably possible that the amount of the unrecognized benefit with respect to certain of the Company's unrecognized tax positions will significantly increase or decrease within the next twelve months. However, based on the uncertainties associated with finalizing audits with the relevant tax authorities including formal legal proceedings, it is not possible to reasonably estimate the impact of any such change.

COMMITMENTS AND GUARANTEES

COMMITMENTS AND GUARANTEES	12 Months Ended
	Dec. 28, 2024
Commitments and Guarantees [Abstract]
COMMITMENTS AND GUARANTEES	COMMITMENTS AND GUARANTEES COMMITMENTS — The Company has numerous assets, predominantly real estate, vehicles and equipment, under various lease arrangements. At inception of arrangements with vendors, the Company determines whether the contract is or contains a lease based on each party’s rights and obligations under the arrangement. If the lease arrangement also contains non-lease components, the lease and non-lease elements are separately accounted for in accordance with the appropriate accounting guidance for each item. From time to time, lease arrangements allow for, and the Company executes, the purchase of the underlying leased asset. Lease arrangements may also contain renewal options or early termination options. As part of its lease liability and right-of-use asset calculation, consideration is given to the likelihood of exercising any extension or termination options. Leases with expected durations of less than twelve months from inception (i.e. short-term leases) are excluded from the Company’s calculation of lease liabilities and right-of-use assets, as permitted by ASC 842, Leases . The following is a summary of the Company's right-of-use-assets and lease liabilities: (Millions of Dollars) December 28, 2024 December 30, 2023 Right-of-use assets $ 473.4 $ 502.9 Lease liabilities $ 491.8 $ 506.6 Weighted-average incremental borrowing rate 4.7 % 4.6 % Weighted-average remaining term 6 years 7 years Right-of-use assets are included within Other assets Accrued expenses Other liabilities As a result of acquiring right-of-use assets from new leases entered into during the years ended December 28, 2024 and December 30, 2023, the Company's lease liabilities increased approximately $72.2 million and $206.1 million, respectively. The Company has variable rate leases for certain manufacturing facilities, distribution centers and office buildings in which the periodic rental payments vary based on benchmark interest rates. The following is a summary of the Company's total lease cost for the years ended December 28, 2024, December 30, 2023, and December 31, 2022: (Millions of Dollars) 2024 2023 2022 Operating lease cost $ 139.6 $ 144.0 $ 147.1 Short-term lease cost 33.0 31.2 27.6 Variable lease cost 8.3 11.2 5.9 Sublease income (2.5) (3.2) (2.5) Total lease cost $ 178.4 $ 183.2 $ 178.1 During 2024, 2023 and 2022, the Company paid $136.9 million, $128.3 million, and $124.1 million respectively, relating to leases included in the measurement of its lease liability and right-of-use asset. The following is a summary of the Company's future lease obligations on an undiscounted basis at December 28, 2024: (Millions of Dollars) Total 2025 2026 2027 2028 2029 Thereafter Lease obligations $ 564.5 $ 129.7 $ 110.0 $ 86.1 $ 68.0 $ 53.6 $ 117.1 The following is a summary of the Company’s future marketing commitments at December 28, 2024: (Millions of Dollars) Total 2025 2026 2027 2028 2029 Thereafter Marketing commitments $ 62.2 $ 34.8 $ 21.8 $ 5.6 $ — $ — $ — As of December 28, 2024, the Company had unrecognized commitments that require the future purchase of goods or services (unconditional purchase obligations) to provide it with access to products and services at competitive prices. These obligations consist of supplier agreements with long-term minimum material purchase requirements and freight forwarding arrangements with minimum quantity commitments. The following is a summary of the Company's unconditional purchase obligations related to these agreements at December 28, 2024: (Millions of Dollars) Total 2025 2026 2027 2028 2029 Thereafter Supplier agreements $ 160.5 $ 100.8 $ 29.1 $ 30.6 $ — $ — $ — The Company has arrangements with third-party financial institutions that offer voluntary supply chain finance ("SCF") programs. These arrangements enable certain of the Company’s suppliers, at the supplier’s sole discretion, to sell receivables due from the Company to the financial institutions on terms directly negotiated with the financial institutions. The Company negotiates commercial terms with its suppliers, including prices, quantities, and payment terms, regardless of suppliers’ decisions to finance the receivables due from the Company under these SCF programs. The Company has no economic interest in a supplier’s decision to participate in these SCF programs, and no direct financial relationship with the financial institutions, as it relates to these SCF programs. The amounts due to the financial institutions for suppliers that voluntarily participate in these SCF programs were presented within Accounts payable The following is a rollforward of the Company's outstanding obligations (Millions of Dollars) 2024 Balance, beginning of year $ 528.1 Additions 2,111.5 Reductions for payments (2,153.3) Foreign currency translation and other (2.7) Balance, end of year $ 483.6 GUARANTEES — The Company's financial guarantees at December 28, 2024 are as follows: (Millions of Dollars) Term Maximum Carrying Guarantees on the residual values of leased properties Three years to nine years $ 78.2 $ — Standby letters of credit Up to twenty years 179.3 — Commercial customer financing arrangements Up to ten years 104.3 16.4 Total $ 361.8 $ 16.4 The Company has guaranteed a portion of the residual values associated with certain of its variable rate leases. The lease guarantees are for an amount up to $78.2 million. Fair values of the underlying assets are estimated at $119.3 million. The related assets would be available to satisfy the guarantee obligations. The Company has issued $179.3 million in standby letters of credit that guarantee future payments which may be required under certain insurance programs and in relation to certain environmental remediation activities described more fully in Note R, Contingencies . The Company provides various limited and full recourse guarantees to financial institutions that provide financing to U.S. and Canadian Mac Tools distributors and franchisees for their initial purchase of the inventory and trucks necessary to function as a distributor and franchisee. In addition, the Company provides limited and full recourse guarantees to financial institutions that extend credit to certain end retail customers of its U.S. Mac Tools distributors and franchisees. The gross amount guaranteed in these arrangements is $104.3 million and the $16.4 million carrying value of the guarantees issued is recorded in Other liabilities in the Consolidated Balance Sheets. The Company provides warranties on certain products across its businesses. The types of product warranties offered generally range from one year to limited lifetime. There are also certain products with no warranty. Further, the Company sometimes incurs discretionary costs to service its products in connection with product performance issues. Historical warranty and service claim experience forms the basis for warranty obligations recognized. Adjustments are recorded to the warranty liability as new information becomes available. The changes in the carrying amount of product warranties for the years ended December 28, 2024, December 30, 2023, and December 31, 2022 are as follows: (Millions of Dollars) 2024 2023 2022 Balance beginning of period $ 136.7 $ 126.6 $ 134.5 Warranties and guarantees issued 180.3 171.3 155.3 Warranty payments and currency (176.9) (161.2) (163.2) Balance end of period $ 140.1 $ 136.7 $ 126.6

CONTINGENCIES

CONTINGENCIES	12 Months Ended
	Dec. 28, 2024
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	CONTINGENCIES The Company is involved in various legal proceedings relating to environmental issues, employment, product liability, workers’ compensation claims and other matters. The Company periodically reviews the status of these proceedings with both inside and outside counsel, as well as an actuary for risk insurance. Management believes that the ultimate disposition of these matters will not have a material adverse effect on operations or financial condition taken as a whole. Government Investigations As previously disclosed, on January 19, 2024, the Company was notified by the Compliance and Field Operations Division (the “Division”) of the Consumer Product Safety Commission (“CPSC”) that the Division intends to recommend the imposition of a civil penalty of approximately $32 million for alleged untimely reporting in relation to certain utility bars and miter saws that were subject to voluntary recalls in September 2019 and March 2022, respectively. The Company believes there are defenses to the Division’s claims, and has presented its defenses in a meeting with the Division on February 29, 2024 and in a written submission dated March 29, 2024. On April 1, 2024, the Division informed the Company's counsel that the Division intended to recommend that the CPSC refer the matter to the U.S. Department of Justice (the "DOJ"). On May 1, 2024, the Company was informed that the CPSC voted to refer the matter to the DOJ. In December 2024, the CPSC requested that the Company reproduce documents previously provided to the CPSC following changes to the agency’s electronic file sharing system. The Company has reproduced the requested documents to the CPSC. The Company has not heard anything further from the CPSC or the DOJ in relation to this matter since then and therefore is not in a position to assess the likelihood of any potential loss or adverse effect on its financial condition or to estimate the amount of potential loss, if any, from this matter. The Company is committed to upholding the highest standards of corporate governance and is continuously focused on ensuring the effectiveness of its policies, procedures, and controls. The Company is in the process, with the assistance of professional advisors, of reviewing and further enhancing relevant policies, procedures, and controls. Class Action Litigation As previously disclosed, on March 24, 2023, a putative class action lawsuit titled Naresh Vissa Rammohan v. Stanley Black & Decker, Inc., et al ., Case No. 3:23-cv-00369-KAD (the “ Rammohan Class Action”), was filed in the United States District Court for the District of Connecticut against the Company and certain of the Company’s current and former officers and directors. The complaint was filed on behalf of a purported class consisting of all purchasers of Stanley Black & Decker common stock between October 28, 2021 and July 28, 2022, inclusive. The complaint asserts violations of Sections 10(b) and 20(a) of the Exchange Act and Rule 10b-5 based on allegedly false and misleading statements related to consumer demand for the Company’s products amid changing COVID-19 trends and macroeconomic conditions. The complaint seeks unspecified damages and an award of costs and expenses. On October 13, 2023, Lead Plaintiff General Retirement System of the City of Detroit filed an Amended Complaint that asserts the same claims and seeks the same forms of relief as the original complaint. The Company intends to vigorously defend this action in all respects and on December 14, 2023 filed a motion to dismiss the Amended Complaint in its entirety. Briefing on that motion concluded on April 5, 2024, and the Company awaits a decision on that motion. Given the early stage of this litigation, at this time, the Company is not in a position to assess the likelihood of any potential loss or adverse effect on its financial condition or to estimate the amount or range of potential losses, if any, from this action. Derivative Actions As previously disclosed, on August 2, 2023 and September 20, 2023, derivative complaints were filed in the United States District Court for the District of Connecticut, titled Callahan v. Allan, et al ., Case No. 3:23-cv-01028-OAW (the “ Callahan Derivative Action”) and Applebaum v. Allan, et al ., Case No. 3:23-cv-01234-OAW (the “ Applebaum Derivative Action”), respectively, by putative stockholders against certain current and former directors and officers of the Company premised on the same allegations as the Rammohan Class Action. The Callahan and Applebaum Derivative Actions were consolidated by Court order on November 6, 2023 and defendants’ responses to both complaints have been stayed pending the disposition of any motions to dismiss in the Rammohan Class Action. The individual defendants intend to vigorously defend the Callahan and Applebaum Derivative Actions in all respects. However, given the early stage of this litigation, at this time, the Company is not in a position to assess the likelihood of any potential loss or adverse effect on its financial condition or to estimate the amount or range of potential losses, if any, from these actions. On October 19, 2023, a derivative complaint was filed in Connecticut Superior Court, titled Vladimir Gusinsky Revocable Trust v. Allan, et al ., Docket Number HHBCV236082260S, by a putative stockholder against certain current and former directors and officers of the Company. Plaintiff seeks to recover for alleged breach of fiduciary duties and unjust enrichment under Connecticut state law premised on the same allegations as the Rammohan Class Action. By Court order on November 11, 2023, the Connecticut Superior Court granted the parties’ motion to stay defendants’ response to the complaint pending the disposition of any motions to dismiss in the Rammohan Class Action. The individual defendants intend to vigorously defend this action in all respects. However, given the early stage of this litigation, at this time, the Company is not in a position to assess the likelihood of any potential loss or adverse effect on its financial condition or to estimate the amount or range of potential losses, if any, from this action. Environmental In the normal course of business, the Company is a party to administrative proceedings and litigation, before federal and state regulatory agencies, relating to environmental remediation with respect to claims involving the discharge of hazardous substances into the environment, generally at current and former manufacturing facilities. In addition, some of these claims assert that the Company is responsible for damages and liability, for remedial investigation and clean-up costs, with respect to sites that have never been owned or operated by the Company, but the Company has been identified as a potentially responsible party ("PRP"). In connection with the 2010 merger with Black & Decker, the Company assumed certain commitments and contingent liabilities. Black & Decker is a party to litigation and administrative proceedings with respect to claims involving the discharge of hazardous substances into the environment at current and former manufacturing facilities and has also been named as a PRP in certain administrative proceedings. The Company, along with many other companies, has been named as a PRP in numerous administrative proceedings for the remediation of various waste sites, including 23 active Superfund sites. Current laws potentially impose joint and several liabilities upon each PRP. In assessing its potential liability at these sites, the Company has considered the following: whether responsibility is being disputed, the terms of existing agreements, experience at similar sites, and the Company’s volumetric contribution at these sites. The Company’s policy is to accrue environmental investigatory and remediation costs for identified sites when it is probable that a liability has been incurred and the amount of loss can be reasonably estimated. If no amount in the range of probable loss is considered most likely, the minimum loss in the range is accrued. The amount of liability recorded is based on an evaluation of currently available facts with respect to each individual site and includes such factors as existing technology, presently enacted laws and regulations, and prior experience in remediation of contaminated sites. The liabilities recorded do not take into account any claims for recoveries from insurance or third parties. As assessments and remediation progress at individual sites, the amounts recorded are reviewed periodically and adjusted to reflect additional technical and legal information that becomes available. As of December 28, 2024 and December 30, 2023, the Company had reserves of $275.4 million and $124.5 million, respectively, for remediation activities associated with Company-owned properties, as well as for Superfund sites, for losses that are probable and estimable. Of the December 28, 2024 amount, $51.4 million is classified as current within Accrued expenses and $224.0 million as long-term within Other liabilities, which is expected to be paid over the estimated remediation period. As of December 28, 2024, the Company's net cash obligations, including the WCLC assets discussed below, is $258.0 million. As of December 28, 2024, the range of environmental remediation costs that is reasonably possible is $191.5 million to $408.1 million which is subject to change in the near term. The Company may be liable for environmental remediation of sites it no longer owns. Liabilities have been recorded on those sites in accordance with the Company's policy. The environmental liability for certain sites with cash payments beyond the current year that are fixed or reliably determinable have been discounted using a rate of 4.3% to 4.7%, depending on the expected timing of disbursements. The discounted and undiscounted amount of the liability relative to these sites is $84.6 million and $118.0 million, respectively. The payments relative to these sites are expected to be $6.4 million in 2025, $13.7 million in 2026, $13.0 million in 2027, $13.0 million in 2028, $4.3 million in 2029, and $67.6 million thereafter. West Cost Loading Corporation As of December 28, 2024, the Company has recorded $17.4 million in Other assets related to funding received by the Environmental Protection Agency (“EPA”) and placed in a trust in accordance with the final settlement with the EPA, embodied in a Consent Decree approved by the United States District Court for the Central District of California on July 3, 2013. Per the Consent Decree, Emhart Industries, Inc. (a dissolved and liquidated former indirectly wholly-owned subsidiary of The Black & Decker Corporation) (“Emhart”) has agreed to be responsible for an interim remedy at a site located in Rialto, California and formerly operated by WCLC, a defunct company for which Emhart was alleged to be liable as a successor. The remedy will be funded by (i) the amounts received from the EPA as gathered from multiple parties, and, to the extent necessary, (ii) Emhart's affiliate. The interim remedy required the construction of a water treatment facility and the treatment of ground water at or around the site for a period of approximately 30 years or more. The construction of the water treatment facility was completed in September 2023, and the treatment of ground water is ongoing. As of December 28, 2024, the Company's net cash obligation associated with these remediation activities, including WCLC assets, is $8.0 million. Centredale Site On April 8, 2019, the United States District Court approved a Consent Decree documenting the terms of a settlement between the Company and the United States for reimbursement of EPA's past costs and remediation of environmental contamination found at the Centredale Manor Restoration Project Superfund Site ("Centredale site"), located in North Providence, Rhode Island. Black & Decker and Emhart are liable for site clean-up costs under the Comprehensive Environmental Response, Compensation, and Liability Act ("CERCLA") as successors to the liability of Metro-Atlantic, Inc., a former operator at the Centredale site. The Company is complying with the terms of the settlement and has fully reimbursed the EPA for its past costs. Remediation work at the Centredale site remains ongoing. Technical and regulatory issues have arisen in connection with the disposal methods selected and described in the statement of work for contaminated Centredale site soils and sediment. Emhart’s contractor is working with the EPA and the Rhode Island Department of Environmental Management (“RIDEM”) to develop alternatives. Based on these evolving technical and regulatory discussions, in the second quarter of 2024, the EPA and RIDEM began implementing regulatory changes that suggest that offsite landfill disposal now represents the most probable remedial alternative for the disposal of contaminated Centredale site soils and sediments. Significant open technical and regulatory issues relating to the implementation of this disposal alternative remain, including final EPA and RIDEM approvals, and further developments may result in additional or different remedial actions. Emhart’s contractor’s assessment of the offsite landfill disposal alternative involves soil and sediment volume estimates that could also change or increase as additional design investigations are performed at the site, which may further impact the remediation process. Emhart has recently entered into a cooperative agreement with the Federal and State Natural Resource Trustees to collectively conduct an assessment of what, if any, Natural Resource Damages may be associated with the contamination at the Centredale Site. Litigation continues in the District Court concerning Phase 3 of the case, which is addressing the potential allocation of liability to other PRPs who may have contributed to contamination of the Centredale site with dioxins, polychlorinated biphenyls and other contaminants of concern. Emhart proceeded to trial in a six-week bench trial in Phase 3 on the issue of CERCLA liability against 4 PRPs in October 2024. Post trial briefing and argument relating to the trial is ongoing, and a decision is expected in 2025. Based on the regulatory changes, and remedial developments currently contemplated by the EPA and the State of Rhode Island as described above, the Company increased its reserve for this site by $142.3 million in the second quarter of 2024. As of December 28, 2024, the Company has reserved $161.8 million for this site. Lower Passaic River The Company and approximately 47 other companies comprise the Lower Passaic Cooperating Parties Group (the “CPG”). The CPG members and other companies are parties to a May 2007 Administrative Settlement Agreement and Order on Consent (“AOC”) with the EPA to perform a remedial investigation/feasibility study (“RI/FS”) of the lower seventeen miles of the Lower Passaic River in New Jersey (the “River”). The Company’s potential liability stems from former operations in Newark, New Jersey. The CPG has substantially completed the RI/FS for the entire 17-mile River. The Company’s estimated costs related to the RI/FS are included in its environmental reserves. Lower 8.3 Miles On April 11, 2014, the EPA issued a Focused Feasibility Study (“FFS”) and proposed plan which addressed various early action remediation alternatives for the lower 8.3 miles of the River. On March 4, 2016, the EPA issued a Record of Decision ("ROD") selecting the remedy for the lower 8.3 miles of the River, which will include the removal of 3.5 million cubic yards of sediment, placement of a cap over the entire lower 8.3 miles of the River, and, according to the EPA, will cost approximately $1.4 billion and take 6 years to implement after the remedial design is completed. On September 30, 2016, Occidental Chemical Corporation ("OCC") entered into an agreement with the EPA to perform the remedial design for the cleanup plan for the lower 8.3 miles of the River. OCC has submitted the final remedial design, which was approved by EPA in May 2024. On June 30, 2018, OCC filed a complaint in the United States District Court for the District of New Jersey against over 100 companies, including the Company, seeking CERCLA cost recovery or contribution for past costs relating to various investigations and cleanups OCC has conducted or is conducting in connection with the River. According to the complaint, OCC has incurred or is incurring costs which include the estimated cost ($165 million) to complete the remedial design for the cleanup plan for the lower 8.3 miles of the River. OCC also seeks a declaratory judgment to hold the defendants liable for their proper shares of future response costs for OCC's ongoing activities in connection with the River. The Company and other defendants have answered the complaint and have been engaged in discovery with OCC. On February 24, 2021, the Company and other defendants filed a third party complaint against the Passaic Valley Sewerage Commissioners and forty-two municipalities to require those entities to pay their equitable share of response costs. On December 20, 2022, various defendants (including the Company) in the OCC litigation filed an unopposed motion to stay the litigation for six months which was granted by the Court on March 1, 2023 and has been extended while the Court considered the Consent Decree filed by the United States, as discussed below. The Company and 105 other parties received a letter dated March 31, 2016 from the EPA notifying such parties of potential liability for the costs of the cleanup of the lower 8.3 miles of the River. In a March 30, 2017 letter, the EPA stated that parties who did not discharge dioxins, furans or polychlorinated biphenyls (which are considered the contaminants of concern posing the greatest risk to human health or the environment) may be eligible for cash out settlement, but expected those parties' allocation to be determined through a complex settlement analysis using a third-party allocator. The EPA subsequently clarified this statement to say that such parties would be eligible to be "funding parties" for the lower 8.3 mile remedial action with each party's share of the costs determined by the EPA based on the allocation process and the remaining parties would be "work parties" for the remedial action. The Company participated in the allocation process and asserted that it did not discharge dioxins, furans or polychlorinated biphenyls and should be eligible to be a "funding party" for the lower 8.3 mile remedial action. The allocator selected by the EPA issued a confidential allocation report on December 28, 2020, which was reviewed by the EPA. As a result of the allocation process, on February 11, 2022, the EPA and certain parties (including the Company) reached an agreement in principle for a cash-out settlement for remediation of the entire 17-mile Lower Passaic River. On December 16, 2022, the United States lodged a Consent Decree with the United States District Court for the District of New Jersey in United States v. Alden Leeds, Inc. et al. (No. 2:22-cv-07326) that addressed the liability of 85 parties (including the Company) for an aggregate amount of $150 million based in part on the EPA-sponsored allocation report that found OCC 99.4% responsible for the cleanup costs of the River. The Consent Decree was subject to a 90-day public comment period, which ended March 22, 2023. On November 21, 2023, the United States informed the Court that it concluded, based on the public comments, that a small number of parties (not including the Company) should be removed from the settlement and that a change should be made to the United States’ reservation of rights (which was agreed to by the remaining settling parties). On January 17, 2024, the United States filed the modified Consent Decree with the Court and filed its motion to enter the modified Consent Decree on January 31, 2024. On April 1, 2024, the settling defendants (including the Company) and certain other parties filed briefs in support of, and OCC filed a brief in opposition to, the motion to enter the modified Consent Decree. On December 18, 2024, the Court issued its opinion granting the United States’ motion to enter the modified Consent Decree. The settlement funds will be paid to the United States as of the later of the expiration of the appeal deadline (sixty days after the entry) if no appeal is filed or the exhaustion of any appeals. On January 9, 2025, Nokia of America (a non-settling party) filed its Notice of Appeal of the Court’s decision to the U.S. Court of Appeals for the Third Circuit. On February 13, 2025, OCC also filed its Notice of Appeal of the Court's decision to the U.S. Court of Appeals for the Third Circuit. Upper 9 Miles On October 10, 2018, the EPA issued a letter directing the CPG to prepare a streamlined feasibility study for the upper 9 miles of the River based on an iterative approach using adaptive management strategies. The CPG submitted a draft Interim Remedy Feasibility Study to the EPA on December 4, 2020, which identified various targeted dredge and cap alternatives with costs that range from $420 million to $468 million (net present value). The EPA issued the Interim Remedy ROD on September 28, 2021, selecting an alternative that the EPA estimates will cost $441 million (net present value). On March 2, 2023, the EPA issued a Unilateral Administrative Order requiring OCC to design the interim remedy for the upper 9 miles of the River (the “2023 UAO”). Notwithstanding the stay of the litigation commenced in 2018 (and two days after the public comment period on the Consent Decree closed), OCC filed a complaint named Occidental Chem. Corp. v. Givaudan Fragrances Corp., et al. , No. 2:23‑cv-1699 at 2, 5 (D.N.J. Mar. 24, 2023) (the “2023 Litigation”) against forty parties (not including the Company) for recovery of past and future response costs it will incur in complying with the 2023 UAO. All of the defendants named in the 2023 Litigation are also defendants or third-party defendants in the litigation commenced in 2018. Maxus Bankruptcy Settlement Pursuant to a settlement agreement by and among the Maxus Liquidating Trust, YPF and Repsol submitted to the bankruptcy court on April 7, 2023, YPF and Repsol will jointly pay a combined sum of $573 million to various creditors. Based on the waterfall payout of the bankruptcy plan, the CPG received approximately $9 million, which will be used either to offset future CPG costs, including EPA RI/FS oversight and legal and administrative costs, or to reimburse CPG members for a portion of their past contributions to the RI/FS costs. At this time, the Company cannot reasonably estimate its liability related to the litigation and remediation efforts as discussed above, excluding the RI/FS, as the OCC litigation is pending and Court’s opinion granting the United States’ motion to enter the Consent Decree has been appealed. Kerr McGee Per the terms of a Final Order and Judgment approved by the United States District Court for the Middle District of Florida on January 22, 1991, Emhart is responsible for a percentage of remedial costs arising out of the Kerr McGee Chemical Corporation Superfund Site located in Jacksonville, Florida. On March 15, 2017, the Company received formal notification from the EPA that the EPA had issued a ROD selecting the preferred alternative identified in the Proposed Cleanup Plan. The Multistate Trust managing the remediation provides quarterly projections for the remediation costs for work to be performed, and the Company adjusts the reserve for its percentage share of such costs accordingly. As of December 28, 2024, the Company has reserved $25.2 million for this site. The amount recorded for the aforementioned identified contingent liabilities is based on estimates. Amounts recorded are reviewed periodically and adjusted to reflect additional technical and legal information that becomes available. Actual costs to be incurred in future periods may vary from the estimates, given the inherent uncertainties in evaluating certain exposures. Subject to the imprecision in estimating future contingent liability costs, the Company does not expect that any sum it may have to pay in connection with these environmental matters in excess of the amounts recorded will have a materially adverse effect on its financial position, results of operations or liquidity.

DIVESTITURES

DIVESTITURES	12 Months Ended
	Dec. 28, 2024
Discontinued Operations and Disposal Groups [Abstract]
DIVESTITURES	DIVESTITURES 2024 DIVESTITURE Infrastructure business On April 1, 2024, the Company completed the sale of its Infrastructure business to Epiroc AB for $760 million. The Company received proceeds of $728.5 million at closing, net of customary adjustments and costs. As of December 30, 2023, the assets and liabilities related to the Infrastructure business were classified as held for sale on the Company's Consolidated Balance Sheet. This divestiture did not qualify for discontinued operations and therefore, its results were included in the Company's Consolidated Statements of Operations in continuing operations through the date of sale. Following is the pre-tax income for this business for the years ended December 28, 2024, December 30, 2023 and December 31, 2022: (Millions of Dollars) 2024 2023 2022 Pre-tax income $ 9.6 $ 52.0 $ 54.3 In addition, the Company recognized pre-tax asset impairment charges of $25.5 million and $150.8 million in the first quarter of 2024 and fourth quarter of 2023, respectively, to adjust the carrying amount of the long-lived assets of the Infrastructure business to its estimated fair value less the costs to sell. The carrying amounts of the assets and liabilities that were aggregated in assets held for sale and liabilities held for sale as of December 30, 2023 are presented in the following table: (Millions of Dollars) December 30, 2023 Cash and cash equivalents $ 0.6 Accounts and notes receivable, net 41.3 Inventories, net 96.5 Other current assets 2.4 Property, plant and equipment, net 70.4 Goodwill 389.7 Intangibles, net 214.3 Other assets 42.4 Total assets $ 857.6 Accounts payable and accrued expenses $ 44.1 Other long-term liabilities 84.8 Total liabilities $ 128.9 2022 DIVESTITURES Oil & Gas business On August 19, 2022, the Company completed the sale of its Oil & Gas business comprised of the pipeline services and equipment businesses to Pipeline Technique Limited and recognized a pre-tax loss of $8.6 million. This divestiture did not qualify for discontinued operations and therefore, the results of the Oil & Gas business were included in the Company's continuing operations within the Industrial segment through the date of sale in the third quarter of 2022. For the year ended December 31, 2022, the Company recognized a pre-tax loss of $2.7 million for this business. In addition, the Company recognized a $168.4 million pre-tax asset impairment charge in the second quarter of 2022 to adjust the carrying amount of the long-lived assets of the Oil & Gas business to its fair value less the costs to sell. Commercial Electronic Security and Healthcare businesses On July 22, 2022, the Company completed the sale of its Convergent Security Solutions ("CSS") business comprised of the commercial electronic security and healthcare businesses to Securitas AB for net proceeds of $3.1 billion and recorded a pre-tax gain of $584 million. As part of the purchase and sale agreement, the Company provided transition services relating to certain administrative functions for Securitas AB from the date of close through January 2024. A portion of the net proceeds received at closing was deferred to reimburse the Company for transition service costs incurred over the service period. Mechanical Access Solutions business On July 5, 2022, the Company completed the sale of its Mechanical Access Solutions ("MAS") business comprised of the automatic doors business to Allegion plc for net proceeds of $916.0 million and recorded a pre-tax gain of $609 million. As part of the purchase and sale agreement, the Company is providing transition services relating to certain administrative functions for Allegion plc. The transition service period is expected to end June 30, 2025, or earlier, upon integration of these functions into their pre-existing business processes. The CSS and MAS divestitures represented a single plan to exit the Security segment and were considered a strategic shift that had a major effect on the Company’s operations and financial results. As such, the 2022 operating results of CSS and MAS were reported as discontinued operations. These divestitures allowed the Company to invest in other areas that fit into its long-term strategy. Summarized operating results of discontinued operations are presented in the following table for each fiscal year ended: (Millions of Dollars) 2024 2023 2022 Net Sales $ — $ — $ 1,056.3 Cost of sales — — 687.5 Selling, general, and administrative (1) — — 308.0 Gain (loss) on sale of discontinued operations 10.4 (14.3) 1,197.4 Other, net and restructuring charges — — 47.3 Earnings (loss) from discontinued operations before income taxes $ 10.4 $ (14.3) $ 1,210.9 Income taxes on discontinued operations 2.4 14.5 318.5 Net earnings (loss) from discontinued operations $ 8.0 $ (28.8) $ 892.4 (1) Includes provision for credit losses. The following table presents the significant non-cash items and capital expenditures for the discontinued operations with respect to CSS and MAS that are included in the Consolidated Statements of Cash Flows for the fiscal year ended December 31, 2022: (Millions of Dollars) 2022 Depreciation and amortization $ 0.4 Capital expenditures $ 6.3 Stock-based compensation $ 17.5

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 294.3	$ (310.5)	$ 1,062.5

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 28, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Insider Trading Policies and Pr

Insider Trading Policies and Procedures	12 Months Ended
	Dec. 28, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Cybersecurity Risk Management a

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
	Dec. 28, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	Risk Management & Strategy The Company has adopted information security policies that establish requirements and responsibilities with respect to the protection of the Company’s interests and information technology assets against loss, improper disclosure and unauthorized modification. The Company regularly educates and shares best practices with its employees to raise awareness of cybersecurity threats and the Company’s information security program, which the Company believes creates a culture of shared responsibility for the security of sensitive data and the Company’s network. All employees are regularly offered information security and protection training, including specialized training for employees exposed to sensitive information, which prompt them to certify their awareness of and compliance with applicable information technology policies and additional technology and cybersecurity standards. The Company deploys technical safeguards that are designed to protect the Company’s information systems from cybersecurity threats, including firewalls, encryption intrusion prevention and detection systems, anti-malware functionality, data monitoring, endpoint extended detection and response, architecture controls, access controls and ongoing vulnerability assessments. The Company has adopted a Cybersecurity Incident Response Plan (the “IRP”) that applies in the event of a cybersecurity threat or incident, which is designed to protect the Company’s information systems from cybersecurity threats and to promptly respond to cybersecurity incidents. The IRP sets out a coordinated approach to investigating, containing, documenting and mitigating incidents, including reporting findings and keeping senior management and other key stakeholders informed and involved as appropriate. To facilitate the success of this program, multi-disciplinary teams throughout the Company are deployed to address cybersecurity threats and to respond to cybersecurity incidents in accordance with the IRP. Through the ongoing communications among these teams, the CISO, in coordination with the legal department and the Senior Risk Council, monitor the prevention, detection, mitigation and remediation of cybersecurity incidents, and report such incidents to the Board when appropriate, as discussed above. In general, the IRP leverages the National Institute of Standards and Technology guidance. The IRP applies to all Company personnel who provide or deliver technology systems (including employees, contractors and service providers). As part of the Company’s cybersecurity risk management strategy, the Company takes measures to test and improve its cybersecurity program, including reviewing and updating the information technology policies and IRP, engaging independent third-party consultants to conduct regular assessments of its cyber security maturity against industry best practice frameworks and recommend program enhancements, and conducting tabletop exercises. The Company also engages in internal and external audits to meet its regulatory obligations or customer requirements. The assessment summaries and action plans are shared with the Board as part of the regular briefings provided by the CIO and CISO. The Company has processes and procedures as part of its centralized supplier risk management system to oversee, identify, assess and reduce cybersecurity threats and risks associated with key third-party service providers. As part of this process, the Company utilizes external frameworks and tools to provide assessment scoring, planning and monitoring against cybersecurity threats and risks and remediation recommendations, as applicable. Updates on third-party service provider risks are included in regular briefings to the Senior Risk Council by the CISO and CIO and escalated to the Board as appropriate. Cybersecurity Risks, Threats & Incidents Risks from cybersecurity threats, including as a result of any previous cybersecurity incidents, have not materially affected the Company, including its business strategy, results of operations or financial condition, and the Company does not believe that such risks are reasonably likely to have such an effect over the long term. As of the date of this report, the Company has not experienced a cybersecurity incident or third-party information security breach in the last three fiscal years that has materially affected the Company, including its business strategy, results of operations or financial condition. The Company deploys measures which it believes leverage industry accepted frameworks to deter, prevent, detect, respond to, and mitigate these threats. The Company has invested and continues to invest in risk management and information security and data privacy measures it believes are appropriate to protect its systems and data, including employee and critical service provider training, organizational investments, incident response plans, tabletop exercises and technical defenses. Despite these efforts, cybersecurity incidents (against the Company or parties with whom the Company contracts), depending on their nature and scope, could potentially result in the misappropriation, disclosure, destruction, corruption or unavailability of critical data and confidential or proprietary information (the Company's or that of third parties) and the disruption of business operations. Refer to Item 1A. Risk Factors in Part I of this Annual Report on Form 10-K, which should be read in conjunction with the foregoing information, for additional information on cybersecurity risks the Company faces.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	At the management level, oversight of risks from cybersecurity threats has been integrated into the Company’s overall risk management processes. The Senior Risk Council has broad oversight of the Company’s risk management processes, and is also responsible for the assessment and management of risks from cybersecurity threats. The Senior Risk Council is comprised of senior management personnel representing different functional and business areas, including the Chief Executive Officer; Chief Operating Officer ("COO"); Chief Financial Officer; General Counsel; Treasurer; and CIO, as well as other senior business leaders. The Company believes the experience that these senior management personnel have from serving on the Senior Risk Council provides them with an understanding of the Company’s risk management processes overall, and individual members are able to provide further insight to the risk analysis process based on their functional area of expertise within the business.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	Board of Directors The Board of Directors (the "Board") has the primary responsibility for oversight of cybersecurity matters. This responsibility had been previously delegated to the Audit Committee. The Board regularly reviews compliance and disclosure control procedures for cybersecurity matters. The Board also receives quarterly briefings from members of management responsible for cybersecurity and digital risk management for the Company, including the Vice President and Chief Information Officer (the “CIO”), Chief Information Security Officer (the “CISO”) and Senior Vice President, General Counsel and Secretary (the “General Counsel”), as well as third-party cybersecurity advisors, on the Company’s cybersecurity program, including data protection and cybersecurity risks and the Company’s new and existing cyber risk controls intended to mitigate them, as appropriate. The Company has protocols and procedures by which certain cybersecurity incidents are escalated within the Company and, where appropriate, reported promptly to the Board.
Cybersecurity Risk Role of Management [Text Block]	Management At the management level, oversight of risks from cybersecurity threats has been integrated into the Company’s overall risk management processes. The Senior Risk Council has broad oversight of the Company’s risk management processes, and is also responsible for the assessment and management of risks from cybersecurity threats. The Senior Risk Council is comprised of senior management personnel representing different functional and business areas, including the Chief Executive Officer; Chief Operating Officer ("COO"); Chief Financial Officer; General Counsel; Treasurer; and CIO, as well as other senior business leaders. The Company believes the experience that these senior management personnel have from serving on the Senior Risk Council provides them with an understanding of the Company’s risk management processes overall, and individual members are able to provide further insight to the risk analysis process based on their functional area of expertise within the business. The CIO also has extensive leadership experience in computer product engineering and information technology fields, including responsibility for overseeing cybersecurity risk management and digital risk management. The CIO also holds a bachelor’s degree in computer science. The Senior Risk Council meets regularly to discuss the risk management measures implemented by the Company, including measures to identify and mitigate data protection and cybersecurity risks. The Senior Risk Council receives regular updates on cybersecurity incidents from the CISO and CIO. The Company’s CISO is the member of management principally responsible for overseeing the Company’s cybersecurity risk management program, under the CIO's leadership and in coordination with other business leaders across the Company, including legal, product engineering management, internal audit, finance and risk management. The CISO has extensive cybersecurity knowledge and skills gained from over 20 years of technical and business experience in the cybersecurity and information security fields, including as a Chief Information Security Officer and through other leadership and technical roles in IT governance and strategy, security risk and compliance, corporate product security and data privacy, and IT infrastructure. She also holds a Master of Science degree in Information and Cybersecurity from the University of California, Berkeley. The CISO reports directly to the CIO who in turn reports directly to the COO. The CISO receives reports on cybersecurity threats from members of the Cyber Security Office on an ongoing basis and, in conjunction with the Senior Risk Council, regularly reviews risk management measures implemented by the Company to identify and mitigate data protection and cybersecurity risks. The CISO and CIO also work closely with the Company's legal department to oversee compliance with applicable legal, regulatory and contractual security requirements. Internal Cybersecurity Team The Company's Cyber Security Office, led by the CISO, is responsible for the implementation, monitoring, and maintenance of cybersecurity governance, operations and data protection practices across the Company. The Information Technology organization, led by the CIO, is responsible for the implementation of cybersecurity technical controls. Reporting to the CISO are a number of experienced information security directors responsible for various parts of the Company’s business, each of whom is supported by a team of trained cybersecurity professionals. The team also holds a number of industry recognized certifications such as Certified Information Systems Security Professional, Certified Information Security Manager, Certified in Risk and Information Systems Control, Certified Information Systems Auditor, Certified Network Defense Architect, Certified Cloud Security Professional, Certified Secure Software Lifecycle Professional, and Certified Ethical Hacker, among others. In addition to its internal cybersecurity capabilities, the Company also regularly engages assessors, consultants, auditors, or other third parties to assist with assessing, identifying, and managing cybersecurity risks.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	The Senior Risk Council has broad oversight of the Company’s risk management processes, and is also responsible for the assessment and management of risks from cybersecurity threats. The Senior Risk Council is comprised of senior management personnel representing different functional and business areas, including the Chief Executive Officer; Chief Operating Officer ("COO"); Chief Financial Officer; General Counsel; Treasurer; and CIO, as well as other senior business leaders. The Company believes the experience that these senior management personnel have from serving on the Senior Risk Council provides them with an understanding of the Company’s risk management processes overall, and individual members are able to provide further insight to the risk analysis process based on their functional area of expertise within the business. The CIO also has extensive leadership experience in computer product engineering and information technology fields, including responsibility for overseeing cybersecurity risk management and digital risk management. The CIO also holds a bachelor’s degree in computer science. The Senior Risk Council meets regularly to discuss the risk management measures implemented by the Company, including measures to identify and mitigate data protection and cybersecurity risks. The Senior Risk Council receives regular updates on cybersecurity incidents from the CISO and CIO. The Company’s CISO is the member of management principally responsible for overseeing the Company’s cybersecurity risk management program, under the CIO's leadership and in coordination with other business leaders across the Company, including legal, product engineering management, internal audit, finance and risk management. The CISO has extensive cybersecurity knowledge and skills gained from over 20 years of technical and business experience in the cybersecurity and information security fields, including as a Chief Information Security Officer and through other leadership and technical roles in IT governance and strategy, security risk and compliance, corporate product security and data privacy, and IT infrastructure. She also holds a Master of Science degree in Information and Cybersecurity from the University of California, Berkeley. The CISO reports directly to the CIO who in turn reports directly to the COO. The CISO receives reports on cybersecurity threats from members of the Cyber Security Office on an ongoing basis and, in conjunction with the Senior Risk Council, regularly reviews risk management measures implemented by the Company to identify and mitigate data protection and cybersecurity risks. The CISO and CIO also work closely with the Company's legal department to oversee compliance with applicable legal, regulatory and contractual security requirements.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	The Company believes the experience that these senior management personnel have from serving on the Senior Risk Council provides them with an understanding of the Company’s risk management processes overall, and individual members are able to provide further insight to the risk analysis process based on their functional area of expertise within the business. The CIO also has extensive leadership experience in computer product engineering and information technology fields, including responsibility for overseeing cybersecurity risk management and digital risk management. The CIO also holds a bachelor’s degree in computer science. The Senior Risk Council meets regularly to discuss the risk management measures implemented by the Company, including measures to identify and mitigate data protection and cybersecurity risks. The Senior Risk Council receives regular updates on cybersecurity incidents from the CISO and CIO.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	The CISO reports directly to the CIO who in turn reports directly to the COO. The CISO receives reports on cybersecurity threats from members of the Cyber Security Office on an ongoing basis and, in conjunction with the Senior Risk Council, regularly reviews risk management measures implemented by the Company to identify and mitigate data protection and cybersecurity risks. The CISO and CIO also work closely with the Company's legal department to oversee compliance with applicable legal, regulatory and contractual security requirements.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 28, 2024
Accounting Policies [Abstract]
Basis of Presentation	BASIS OF PRESENTATION — The Consolidated Financial Statements include the accounts of Stanley Black & Decker, Inc. and its majority-owned subsidiaries (collectively the “Company”) which require consolidation, after the elimination of intercompany accounts and transactions. The Company’s fiscal year ends on the Saturday nearest to December 31. There were 52 weeks in fiscal years 2024, 2023 and 2022. On April 1, 2024, the Company completed the sale of its Infrastructure business. As of December 30, 2023, the assets and liabilities related to the Infrastructure business were classified as held for sale on the Company's Consolidated Balance Sheet. This divestiture did not qualify for discontinued operations, and therefore, the results of the Infrastructure business were included in the Company's continuing operations for all periods presented through the date of sale. On August 19, 2022, the Company completed the sale of its Oil & Gas business. This divestiture did not qualify for discontinued operations, and therefore, the results of the Oil & Gas business were included in the Company's continuing operations through the date of sale.
Use of Estimates	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements. While management believes that the estimates and assumptions used in the preparation of the financial statements are appropriate, actual results could differ from these estimates.
Foreign Currency	FOREIGN CURRENCY —
Cash Equivalents	CASH EQUIVALENTS — Highly liquid investments with original maturities of three months or less are considered cash equivalents.
Accounts And Financing Receivable	ACCOUNTS AND FINANCING RECEIVABLE — Trade receivables are stated at gross invoice amounts less discounts, other allowances and provisions for credit losses. Financing receivables are initially recorded at fair value, less impairments or provisions for credit losses. Interest income earned from financing receivables that are not delinquent is recorded on the effective interest method. The Company considers any financing receivable that has not been collected within 90 days of original billing date as past-due or delinquent. The Company's payment terms are generally consistent with the industries in which its businesses operate and typically range from 30-90 days globally. Additionally, the Company considers the credit quality of all past-due or delinquent financing receivables as nonperforming. The Company does not adjust the promised amount of consideration for the effects of a significant financing component when the period between transfer of the product and receipt of payment is less than one year. Any significant financing components for contracts greater than one year are included in revenue over time.
Allowance For Credit Losses	ALLOWANCE FOR CREDIT LOSSES — The Company maintains an allowance for credit losses, which represents an estimate of expected losses over the remaining contractual life of its receivables. The allowance is determined using two methods. The amounts calculated from each of these methods are combined to determine the total amount reserved. First, a specific reserve is established for individual accounts where information indicates the customers may have an inability to meet financial obligations. Second, a reserve is determined for all customers based on a range of percentages applied to aging categories. These percentages are based on historical collection rates, write-off experience, and forecasts of future economic conditions. Actual write-offs are charged against the allowance when collection efforts have been unsuccessful.
Inventories	INVENTORIES — U.S. inventories are primarily valued at the lower of Last-In, First-Out (“LIFO”) cost or market because the Company believes it results in better matching of costs and revenues. Other inventories are primarily valued at the lower of First-In, First-Out (“FIFO”) cost and net realizable value because LIFO is not permitted for statutory reporting outside the U.S. Refer to Note C, Inventories , Net , for a quantification of the LIFO impact on inventory valuation.
Property, Plant And Equipment	PROPERTY, PLANT AND EQUIPMENT — The Company generally values property, plant and equipment (“PP&E”), including capitalized software, at historical cost less accumulated depreciation and amortization. Costs related to maintenance and repairs which do not prolong the asset's useful life are expensed as incurred. Depreciation and amortization are provided using straight-line methods over the estimated useful lives of the assets as follows: Useful Life Land improvements 10 — 20 Buildings 40 Machinery and equipment 3 — 15 Computer software 3 — 7 Leasehold improvements are depreciated over the shorter of the estimated useful life or the term of the lease. The Company reports depreciation and amortization of property, plant and equipment in cost of sales and selling, general and administrative expenses based on the nature of the underlying assets. Depreciation and amortization related to the production of inventory and delivery of services are recorded in cost of sales. Depreciation and amortization related to distribution center activities, selling and support functions are reported in selling, general and administrative expenses. The Company assesses its long-lived assets for impairment when indicators that the carrying amounts may not be recoverable are present. In assessing long-lived assets for impairment, the Company groups its long-lived assets with other assets and liabilities at the lowest level for which identifiable cash flows are generated (“asset group”) and estimates the undiscounted future cash flows that are directly associated with, and expected to be generated from, the use of and eventual disposition of the asset group. If the carrying value is greater than the undiscounted cash flows, an impairment loss must be determined and the asset group is written down to fair value. The impairment loss is quantified by comparing the carrying amount of the asset group to the estimated fair value, which is generally determined using weighted-average discounted cash flows that consider various possible outcomes for the disposition of the asset group.
Goodwill And Intangible Assets	GOODWILL AND INTANGIBLE ASSETS — Goodwill represents costs in excess of values assigned to the underlying net assets of acquired businesses. Intangible assets acquired are recorded at estimated fair value. Goodwill and intangible assets deemed to have indefinite lives are not amortized, but are tested for impairment annually during the third quarter, and at any time when events suggest an impairment more likely than not has occurred. To assess goodwill for impairment, the Company, depending on relevant facts and circumstances, performs either a qualitative assessment or a quantitative analysis utilizing a discounted cash flow valuation model. In performing a qualitative assessment, the Company first assesses relevant factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform a quantitative goodwill impairment test. The Company identifies and considers the significance of relevant key factors, events, and circumstances that could affect the fair value of each reporting unit. These factors include external factors such as macroeconomic, industry, and market conditions, as well as entity-specific factors, such as actual and planned financial performance. The Company also considers changes in each reporting unit's fair value and carrying amount since the most recent date a fair value measurement was performed. In performing a quantitative analysis, the Company determines the fair value of a reporting unit using management’s assumptions about future cash flows based on long-range strategic plans. This approach incorporates many assumptions including discount rates, future growth rates and expected profitability. In the event the carrying amount of a reporting unit exceeded its fair value, an impairment loss would be recognized. Indefinite-lived intangible assets are tested for impairment utilizing either a qualitative assessment or a quantitative analysis. For a qualitative assessment, the Company identifies and considers relevant key factors, events, and circumstances to determine whether it is necessary to perform a quantitative impairment test. The key factors considered include macroeconomic, industry, and market conditions, as well as the asset's actual and forecasted results. For the quantitative impairment tests, the Company compares the carrying amounts to the current fair market values, usually determined by the estimated royalty savings attributable to owning the intangible assets. Intangible assets with definite lives are amortized over their estimated useful lives to reflect the pattern over which the economic benefits of the intangible assets are consumed. Definite-lived intangible assets are also evaluated for impairment when impairment indicators are present. If the carrying amount exceeds the total undiscounted future cash flows, a discounted cash flow analysis is performed to determine the fair value of the asset. If the carrying amount of the asset was to exceed the fair value, it would be written down to fair value. Refer to Note E, Goodwill And Intangible Assets, for further discussion of the intangible asset impacts relating to the 2024 impairment charge for the Lenox trade name and the 2023 impairment charge for the Irwin and Troy-Bilt trade names. Refer to Note S, Divestitures , for further discussion of the 2024 and 2023 goodwill impairment charges related to the Infrastructure business.
Financial Instruments	FINANCIAL INSTRUMENTS — Derivative financial instruments are employed to manage risks, including foreign currency, interest rate exposures and commodity prices and are not used for trading or speculative purposes. As part of the Company’s risk management program, a variety of financial instruments such as interest rate swaps, currency swaps, purchased currency options, foreign exchange contracts and commodity contracts, may be used to mitigate interest rate exposure, foreign currency exposure and commodity price exposure. The Company recognizes all derivative instruments on the balance sheet at fair value. Changes in the fair value of derivatives are recognized periodically either in earnings or in shareowners’ equity as a component of other comprehensive income (loss) ("OCI"), depending on whether the derivative financial instrument is undesignated or qualifies for hedge accounting, and if so, whether it represents a fair value, cash flow, or net investment hedge. Changes in the fair value of derivatives accounted for as fair value hedges are recorded in earnings in the same caption as the changes in the fair value of the hedged items. Gains and losses on derivatives designated as cash flow hedges, to the extent they are included in the assessment of effectiveness, are recorded in OCI and subsequently reclassified to earnings to offset the impact of the hedged items when they occur. In the event it becomes probable the forecasted transaction to which a cash flow hedge relates will not occur, the derivative would be terminated and the amount in accumulated other comprehensive income (loss) would be recognized in earnings. Changes in the fair value of derivatives that are designated and qualify as a hedge of the net investment in foreign operations, to the extent they are included in the assessment of effectiveness, are reported in OCI and are deferred until disposal of the underlying assets. Gains and losses representing components excluded from the assessment of effectiveness for cash flow and fair value hedges are recognized in earnings on a straight-line basis in the same caption as the hedged item over the term of the hedge. Gains and losses representing components excluded from the assessment of effectiveness for net investment hedges are recognized in earnings on a straight-line basis in Other, net over the term of the hedge. The net interest paid or received on interest rate swaps is recognized as interest expense. Gains and losses resulting from the early termination of interest rate swap agreements are deferred and amortized as adjustments to interest expense over the remaining period of the debt originally covered by the terminated swap. Changes in the fair value of derivatives not designated as hedges are reported in Other, net in the Consolidated Statements of Operations. Refer to Note H, Financial Instruments
Revenue Recognition and Shipping and Handling Costs	REVENUE RECOGNITION — The Company’s revenues result from the sale of goods or services and reflect the consideration to which the Company expects to be entitled. The Company records revenue based on a five-step model in accordance with Accounting Standards Codification 606, Revenue from Contracts with Customers ("ASC 606"). For its contracts with customers, the Company identifies the performance obligations (goods or services), determines the transaction price, allocates the contract transaction price to the performance obligations, and recognizes the revenue when (or as) the performance obligation is transferred to the customer. A good or service is transferred when (or as) the customer obtains control of that good or service. The majority of the Company’s revenues are recorded at a point in time from the sale of tangible products. Provisions for customer volume rebates, product returns, discounts and allowances are variable consideration and are recorded as a reduction of revenue in the same period the related sales are recorded. Such provisions are calculated using historical averages adjusted for any expected changes due to current business conditions. Consideration given to customers for cooperative advertising is recognized as a reduction of revenue except to the extent that there is a distinct good or service and evidence of the fair value of the advertising, in which case the expense is classified as selling, general, and administrative expense. The Company’s revenues can be generated from contracts with multiple performance obligations. When a contract involves multiple performance obligations, each obligation is separately identified and the transaction price is allocated based on the amount of consideration the Company expects to be entitled to in exchange for transferring the promised good or service to the customer. For performance obligations that the Company satisfies over time, revenue is recognized by consistently applying a method of measuring progress toward complete satisfaction of that performance obligation. The Company utilizes the method that most accurately depicts the progress toward completion of the performance obligation. Contract assets or liabilities result from transactions with revenue recorded over time. If the measure of remaining rights exceeds the measure of the remaining performance obligations, the Company records a contract asset. Conversely, if the measure of the remaining performance obligations exceeds the measure of the remaining rights, the Company records a contract liability. Incremental costs of obtaining or fulfilling a contract with a customer that are expected to be recovered are recognized and classified in Other current assets or Other assets in the Consolidated Balance Sheets and are typically amortized over the contract period. The Company recognizes the incremental costs of obtaining or fulfilling a contract as expense when incurred if the amortization period of the asset is one year or less. SHIPPING AND HANDLING COSTS —
Cost of Sales And Selling, General & Administrative	COST OF SALES AND SELLING, GENERAL & ADMINISTRATIVE — Cost of sales includes the cost of products and services provided, reflecting costs of manufacturing and preparing the product for sale. These costs include expenses to acquire and manufacture products to the point that they are allocable to be sold to customers and costs to perform services pertaining to service revenues. Cost of sales is primarily comprised of freight, direct materials, direct labor as well as overhead which includes indirect labor and facility and equipment costs. Cost of sales also includes quality control, procurement and material receiving costs as well as internal transfer costs. Selling, general & administrative costs ("SG&A") include the cost of selling products as well as administrative function costs. These expenses generally represent the cost of selling and distributing the products once they are available for sale and primarily include salaries and commissions of the Company’s sales force, distribution costs, notably salaries and facility costs, as well as administrative expenses for certain support functions and related overhead.
Advertising Costs	ADVERTISING COSTS —
Sales Taxes	SALES TAXES — Sales and value added taxes collected from customers and remitted to governmental authorities are excluded from Net Sales reported in the Consolidated Statements of Operations.
Stock-Based Compensation	STOCK-BASED COMPENSATION — Compensation cost relating to stock-based compensation grants is recognized on a straight-line basis over the vesting period, which is generally three
Postretirement Defined Benefit Plans	POSTRETIREMENT DEFINED BENEFIT PLANS — The Company uses the corridor approach to determine expense recognition for each defined benefit pension and other postretirement plan. The corridor approach defers actuarial gains and losses resulting from variances between actual and expected results (based on economic estimates or actuarial assumptions) and amortizes them over future periods. For pension plans, these unrecognized gains and losses are amortized when the net gains and losses exceed 10% of the greater of the market-related value of plan assets or the projected benefit obligation at the beginning of the year. For other postretirement benefits, amortization occurs when the net gains and losses exceed 10% of the accumulated postretirement benefit obligation at the beginning of the year. For ongoing, active plans, the amount in excess of the corridor is amortized on a straight-line basis over the average remaining service period for active plan participants. For plans with primarily inactive participants, the amount in excess of the corridor is amortized on a straight-line basis over the average remaining life expectancy of inactive plan participants. The Company measures defined benefit plan assets and obligations as of the end of the calendar month closest to its fiscal year end as the alternative measurement date in accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Update ("ASU") 2015-04, Compensation Retirement Benefit (Topic 715): Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Asset
Income Taxes	INCOME TAXES — The Company accounts for income taxes under the asset and liability method in accordance with ASC 740, Income Taxes , which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Deferred tax assets and liabilities are determined based on the differences between the financial statements and tax basis of assets and liabilities using the enacted tax rates in effect for the year in which the differences are expected to reverse. Any changes in tax rates on deferred tax assets and liabilities are recognized in income in the period that includes the enactment date. The Company recognizes the tax on global intangible low-taxed income as a period expense in the period the tax is incurred. The Company records net deferred tax assets to the extent that it is more likely than not that these assets will be realized. In making this determination, management considers all available positive and negative evidence, including future reversals of existing temporary differences, estimates of future taxable income, tax-planning strategies, and the realizability of net operating loss carryforwards. In the event that it is determined that an asset is not more likely than not to be realized, a valuation allowance is recorded against the asset. Valuation allowances related to deferred tax assets can be impacted by changes to tax laws, changes to statutory tax rates and future taxable income levels. In the event the Company were to determine that it would not be able to realize all or a portion of its deferred tax assets in the future, the unrealizable amount would be charged to earnings in the period in which that determination is made. Conversely, if the Company were to determine that it would be able to realize deferred tax assets in the future in excess of the net carrying amounts, it would decrease the recorded valuation allowance through a favorable adjustment to earnings in the period that the determination was made. The Company records uncertain tax positions in accordance with ASC 740, which requires a two-step process. First, management determines whether it is more likely than not that a tax position will be sustained based on the technical merits of the position and second, for those tax positions that meet the more likely than not threshold, management recognizes the largest amount of the tax benefit that is greater than 50 percent likely to be realized upon ultimate settlement with the related taxing authority. The Company maintains an accounting policy of recording interest and penalties on uncertain tax positions as a component of Income taxes on continuing operations in the Consolidated Statements of Operations. The Company is subject to income tax in a number of locations, including U.S. federal, state and foreign jurisdictions. Significant judgment is required when calculating the worldwide provision for income taxes. Many factors are considered when evaluating and estimating the Company's tax positions and tax benefits, which may require periodic adjustments, and which may not accurately anticipate actual outcomes. It is reasonably possible that the amount of the unrecognized benefit with respect to certain of the Company's unrecognized tax positions will significantly increase or decrease within the next twelve months. These changes may be the result of settlements of ongoing audits, litigation, or other proceedings with taxing authorities. The Company periodically assesses its liabilities and contingencies for all tax years still subject to audit based on the most current available information, which involves inherent uncertainty.
Earnings Per Share	EARNINGS PER SHARE — Basic earnings per share equals net earnings attributable to common shareowners divided by weighted-average shares outstanding during the year. Diluted earnings per share include the impact of common stock equivalents using the treasury stock method or the if-converted method, as applicable, when the effect is dilutive.
New Accounting Standards Adopted and Recently Issued Accounting Standards Not Yet Adopted	NEW ACCOUNTING STANDARDS ADOPTED — In June 2022, the FASB issued ASU 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions . The standard clarifies that a contractual restriction on the sale of an equity security should not be considered in measuring the fair value of the security. The new standard also requires certain disclosures related to equity securities with contractual sale restrictions. The ASU is effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. The Company adopted this standard in the first quarter of 2024 and it did not have a material impact on its consolidated financial statements. In September 2022, the FASB issued ASU 2022-04, Liabilities—Supplier Finance Programs (Subtopic 405-50): Disclosure of Supplier Finance Program Obligations. The standard requires that a buyer in a supplier finance program disclose sufficient information about the key terms of the program, the amount of outstanding confirmed obligations at period end, where the obligations are presented in the balance sheet, and a rollforward of the obligations during the annual period. The ASU is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, except for the amendment on rollforward information, which is effective for fiscal years beginning after December 15, 2023. The amendments in this update should be applied retrospectively to all periods in which a balance sheet is presented, except for the rollforward requirement, which is applied prospectively. The Company adopted this standard in the first quarter of 2023, with the exception of the amendment on rollforward information which was adopted in fiscal year 2024. Refer to Note Q, Commitments and Guarantees , for further discussion. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures . The new standard provides improvements to reportable segment disclosure requirements through amendments that require disclosure of significant segment expenses and other segment items on an interim and annual basis and requires all annual disclosures about a reportable segment’s profit or loss and assets to be made on an interim basis. The standard also requires the disclosure of the chief operating decision maker’s (“CODM”) title and position and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources. The standard also clarifies that if the CODM uses more than one measure in assessing segment performance and deciding how to allocate resources, a company may report the additional segment profit or loss measure(s) and that companies with a single reportable segment must provide all disclosures required by this amendment. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The standard should be applied retrospectively to all prior periods presented in the financial statements. The Company adopted this standard in fiscal year 2024. Refer to Note O, Business Segments and Geographic Areas , for further discussion. RECENTLY ISSUED ACCOUNTING STANDARDS NOT YET ADOPTED — In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures . The new standard was issued to improve transparency and decision usefulness of income tax disclosures by providing information that helps investors better understand how an entity’s operations, tax risks, tax planning and operational opportunities affect its tax rate and prospects for future cash flows. The amendments in this update primarily relate to requiring greater disaggregated disclosure of information in the rate reconciliation, income taxes paid, income (loss) from continuing operations before income tax expense (benefit), and income tax expense (benefit) from continuing operations. The ASU is effective for fiscal years beginning after December 15, 2024, and early adoption is permitted. The standard can be applied prospectively or retrospectively. The Company is currently evaluating this guidance to determine the impact it may have on its consolidated financial statements. In November 2024, the FASB issued ASU 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 28, 2024
Accounting Policies [Abstract]
Schedule of Depreciation and Amortization	Depreciation and amortization are provided using straight-line methods over the estimated useful lives of the assets as follows: Useful Life Land improvements 10 — 20 Buildings 40 Machinery and equipment 3 — 15 Computer software 3 — 7 (Millions of Dollars) December 28, 2024 December 30, 2023 Land $ 132.0 $ 135.1 Land improvements 55.2 55.0 Buildings 805.1 808.6 Leasehold improvements 205.0 180.9 Machinery and equipment 3,402.1 3,391.2 Computer software 529.6 510.4 Property, plant & equipment, gross $ 5,129.0 $ 5,081.2 Less: accumulated depreciation and amortization (3,094.7) (2,911.3) Property, plant & equipment, net $ 2,034.3 $ 2,169.9

ACCOUNTS AND NOTES RECEIVABLE_2

ACCOUNTS AND NOTES RECEIVABLE, NET (Tables)	12 Months Ended
	Dec. 28, 2024
Receivables [Abstract]
Schedule of Accounts and Notes Receivable	(Millions of Dollars) December 28, 2024 December 30, 2023 Trade accounts receivable $ 950.4 $ 1,057.8 Notes receivable 65.9 66.9 Other accounts receivable 222.1 253.9 Accounts and notes receivable 1,238.4 1,378.6 Allowance for credit losses (84.7) (76.6) Accounts and notes receivable, net $ 1,153.7 $ 1,302.0
Schedule of Changes in Allowance for Credit Losses	The changes in the allowance for credit losses for the years ended December 28, 2024 and December 30, 2023 are as follows: (Millions of Dollars) 2024 2023 Balance beginning of period $ 76.6 $ 106.6 Charged to costs and expenses 22.2 8.7 Other, including recoveries and deductions (a) (14.1) (38.7) Balance end of period $ 84.7 $ 76.6 (a) Amounts represent charge-offs less recoveries, the impacts of foreign currency translation, divestitures and net transfers to/from other accounts.

INVENTORIES, NET (Tables)

INVENTORIES, NET (Tables)	12 Months Ended
	Dec. 28, 2024
Inventory Disclosure [Abstract]
Schedule of Components of Inventories	(Millions of Dollars) December 28, 2024 December 30, 2023 Finished products $ 2,943.5 $ 2,912.5 Work in process 346.3 263.4 Raw materials 1,246.6 1,562.7 Total $ 4,536.4 $ 4,738.6

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 28, 2024
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment, Net	Depreciation and amortization are provided using straight-line methods over the estimated useful lives of the assets as follows: Useful Life Land improvements 10 — 20 Buildings 40 Machinery and equipment 3 — 15 Computer software 3 — 7 (Millions of Dollars) December 28, 2024 December 30, 2023 Land $ 132.0 $ 135.1 Land improvements 55.2 55.0 Buildings 805.1 808.6 Leasehold improvements 205.0 180.9 Machinery and equipment 3,402.1 3,391.2 Computer software 529.6 510.4 Property, plant & equipment, gross $ 5,129.0 $ 5,081.2 Less: accumulated depreciation and amortization (3,094.7) (2,911.3) Property, plant & equipment, net $ 2,034.3 $ 2,169.9

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Changes in Carrying Amount of Goodwill by Segment	The changes in the carrying amount of goodwill by segment are as follows: (Millions of Dollars) Tools & Outdoor Industrial Total Balance December 31, 2022 $ 5,939.7 $ 2,563.0 $ 8,502.7 Reclassification to assets held for sale — (540.5) (540.5) Foreign currency translation and other 36.6 (2.9) 33.7 Balance December 30, 2023 $ 5,976.3 $ 2,019.6 $ 7,995.9 Foreign currency translation and other (67.1) (23.3) (90.4) Balance December 28, 2024 $ 5,909.2 $ 1,996.3 $ 7,905.5
Schedule of Definite-Lived Intangible Assets	Definite-lived intangible assets at December 28, 2024 and December 30, 2023 were as follows: 2024 2023 (Millions of Dollars) Gross Accumulated Gross Accumulated Amortized Intangible Assets — Definite-lived Patents and copyrights $ 25.3 $ (25.2) $ 26.2 $ (26.1) Trade names 222.0 (134.0) 223.6 (120.7) Customer relationships 2,550.7 (1,257.3) 2,578.4 (1,132.7) Other intangible assets 129.8 (127.9) 130.2 (125.7) Total $ 2,927.8 $ (1,544.4) $ 2,958.4 $ (1,405.2)
Schedule of Intangible Assets Amortization Expense by Segment	Intangible assets amortization expense by segment was as follows: (Millions of Dollars) 2024 2023 2022 Tools & Outdoor $ 101.6 $ 103.1 $ 108.1 Industrial 61.6 89.6 94.4 Consolidated $ 163.2 $ 192.7 $ 202.5

ACCRUED EXPENSES (Tables)

ACCRUED EXPENSES (Tables)	12 Months Ended
	Dec. 28, 2024
Payables and Accruals [Abstract]
Schedule of Accrued Expenses	(Millions of Dollars) December 28, 2024 December 30, 2023 Payroll and related taxes $ 329.8 $ 318.3 Income and other taxes 231.1 288.5 Customer rebates and sales returns 353.2 411.2 Insurance and benefits 75.3 71.8 Restructuring costs 34.7 28.9 Derivative financial instruments 11.8 17.9 Warranty costs 113.7 109.5 Deferred revenue 31.3 31.7 Freight costs 139.6 107.1 Environmental costs 51.4 46.0 Current lease liability 126.6 127.7 Forward stock purchase contract — 337.4 Accrued interest 71.6 64.0 Other 409.2 504.3 Total $ 1,979.3 $ 2,464.3

LONG-TERM DEBT AND FINANCING _2

LONG-TERM DEBT AND FINANCING ARRANGEMENTS (Tables)	12 Months Ended
	Dec. 28, 2024
Debt Disclosure [Abstract]
Schedule of Long-Term Debt and Financing Arrangements	December 28, 2024 December 30, 2023 (Millions of Dollars) Interest Rate Notional Value Carrying Value 1 Carrying Value 1 Notes payable due 2025 2.30% $ 500.0 $ 499.9 $ 498.7 Notes payable due 2026 3.40% 500.0 499.4 498.9 Notes payable due 2026 6.27% 350.0 349.3 348.6 Notes payable due 2026 3.42% 25.0 25.7 26.0 Notes payable due 2026 1.84% 26.1 26.7 28.5 Notes payable due 2028 6.00% 400.0 398.0 397.5 Notes payable due 2028 7.05% 150.0 157.5 159.7 Notes payable due 2028 4.25% 500.0 498.3 497.7 Notes payable due 2028 3.52% 50.0 52.4 53.1 Notes payable due 2030 2.30% 750.0 746.2 745.3 Notes payable due 2032 3.00% 500.0 496.6 496.3 Notes payable due 2040 5.20% 400.0 374.5 372.9 Notes payable due 2048 4.85% 500.0 495.2 495.0 Notes payable due 2050 2.75% 750.0 741.0 740.7 Notes payable due 2060 (junior subordinated) 4.00% 750.0 741.6 741.4 Other, payable in varying amounts 2025 through 2026 4.23%-4.31% 0.7 0.7 1.8 Total long-term debt, including current maturities $ 6,151.8 $ 6,103.0 $ 6,102.1 Less: Current maturities of long-term debt (500.4) (1.1) Long-term debt $ 5,602.6 $ 6,101.0 1 Carrying values are net of unamortized discounts, deferred issuance costs, unamortized terminated swaps and purchase accounting fair value adjustments.

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 28, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Value of Company’s Derivatives	A summary of the fair values of the Company’s derivatives recorded in the Consolidated Balance Sheets at December 28, 2024 and December 30, 2023 is as follows: (Millions of Dollars) Balance Sheet 2024 2023 Balance Sheet 2024 2023 Derivatives designated as hedging instruments: Foreign Exchange Contracts Cash Flow Other current assets $ 23.7 $ 0.1 Accrued expenses $ 0.9 $ 4.9 Non-derivative designated as hedging instrument: Net Investment Hedge $ — $ — Short-term borrowings $ — $ 399.7 Total Designated as hedging instruments $ 23.7 $ 0.1 $ 0.9 $ 404.6 Derivatives not designated as hedging instruments: Foreign Exchange Contracts Other current assets $ 8.9 $ 8.4 Accrued expenses $ 10.9 $ 13.0 Total $ 32.6 $ 8.5 $ 11.8 $ 417.6
Schedule of Detail Pre-tax Amounts of derivatives designated in Accumulated Other Comprehensive Loss into Earnings	The tables below detail pre-tax amounts of derivatives designated as cash flow hedges in Accumulated other comprehensive loss during the periods in which the underlying hedged transactions affected earnings for 2024, 2023 and 2022: 2024 (Millions of Dollars) Gain (Loss) Classification of Gain (Loss) Gain (Loss) Interest Rate Contracts $ — Interest expense $ (6.1) $ — Foreign Exchange Contracts $ 30.8 Cost of sales $ 2.0 $ — 2023 (Millions of Dollars) Gain (Loss) Classification of Gain (Loss) Gain (Loss) Interest Rate Contracts $ — Interest expense $ (6.1) $ — Foreign Exchange Contracts $ (4.3) Cost of sales $ (0.6) $ — 2022 (Millions of Dollars) Gain (Loss) Classification of Gain (Loss) Gain (Loss) Recognized in Income on Amounts Excluded from Effectiveness Testing Interest Rate Contracts $ 23.4 Interest expense $ (5.8) $ — Foreign Exchange Contracts $ 30.6 Cost of sales $ 53.3 $ — A summary of the pre-tax effect of cash flow hedge accounting on the Consolidated Statements of Operations for 2024, 2023 and 2022 is as follows: 2024 2023 2022 (Millions of Dollars) Cost of Sales Interest Expense Cost of Sales Interest Expense Cost of Sales Interest Expense Total amount in the Consolidated Statements of Operations in which the effects of the cash flow hedges are recorded $ 10,851.3 $ 498.6 $ 11,848.5 $ 559.4 $ 12,663.3 $ 338.5 Gain (loss) on cash flow hedging relationships: Foreign Exchange Contracts: Hedged Items $ (2.0) $ — $ 0.6 $ — $ (53.3) $ — Gain (loss) reclassified from OCI into Income $ 2.0 $ (0.6) $ — $ 53.3 $ — Interest Rate Swap Agreements: Gain (loss) reclassified from OCI into Income 1 $ — $ (6.1) $ — $ (6.1) $ — $ (5.8) 1 Inclusive of the gain/loss amortization on terminated derivative financial instruments.
Schedule of Fair Value Hedge on Consolidated Statements of Operations and Comprehensive Income (Loss)	A summary of the pre-tax effect of fair value hedge accounting on the Consolidated Statements of Operations for 2024, 2023 and 2022 is as follows: 2024 2023 2022 (Millions of Dollars) Interest Expense Interest Expense Interest Expense Total amount in the Consolidated Statements of Operations in which the effects of the fair value hedges are recorded $ 498.6 $ 559.4 $ 338.5 Amortization of gain on terminated swaps $ (0.4) $ (0.4) $ (0.4) A summary of the amounts recorded in the Consolidated Balance Sheets related to cumulative basis adjustments for fair value hedges as of December 28, 2024 and December 30, 2023 is as follows: (Millions of Dollars) 2024 Carrying Amount of Hedged Liability 1 2024 Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Liability Current maturities of long-term debt $ 500.4 Terminated Swaps $ — Long-Term Debt $ 532.0 Terminated Swaps $ (19.3) 1 Represents hedged items no longer designated in qualifying fair value hedging relationships. (Millions of Dollars) 2023 Carrying Amount of Hedged Liability 1 2023 Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Liability Current maturities of long-term debt $ 1.1 Terminated Swaps $ — Long-Term Debt $ 532.6 Terminated Swaps $ (19.7) 1
Schedule of Pre-Tax Gain or Loss from Fair Value Change	The pre-tax gain or loss from fair value changes during 2024, 2023 and 2022 were as follows: 2024 (Millions of Dollars) Total Gain (Loss) Recorded in OCI Excluded Component Recorded in OCI Income Statement Classification Total Gain (Loss) Reclassified from OCI to Income Excluded Component Amortized from OCI to Income Forward Contracts $ (0.5) $ — Other, net $ — $ — Non-derivative designated as Net Investment Hedge $ 18.6 $ — Other, net $ — $ — 2023 (Millions of Dollars) Total Gain (Loss) Recorded in OCI Excluded Component Recorded in OCI Income Statement Classification Total Gain (Loss) Reclassified from OCI to Income Excluded Component Amortized from OCI to Income Forward Contracts $ 0.4 $ — Other, net $ — $ — Non-derivative designated as Net Investment Hedge $ (12.0) $ — Other, net $ — $ — 2022 (Millions of Dollars) Total Gain (Loss) Recorded in OCI Excluded Component Recorded in OCI Income Statement Classification Total Gain (Loss) Reclassified from OCI to Income Excluded Component Amortized from OCI to Income Forward Contracts $ 6.1 $ 0.6 Other, net $ 0.7 $ 0.7 Cross Currency Swap $ (1.2) $ 2.5 Other, net $ 1.5 $ 1.5 Non-derivative designated as Net Investment Hedge $ (0.1) $ — Other, net $ — $ —
Schedule of Gain (Loss) from Changes in Fair Value Related to Derivatives Not Designated as Hedging Instruments	The gain (loss) recorded in the Consolidated Statements of Operations from changes in the fair value related to derivatives not designated as hedging instruments under ASC 815 for 2024, 2023 and 2022 is as follows: (Millions of Dollars) Income Statement 2024 2023 2022 Foreign Exchange Contracts Other-net $ (0.9) $ (33.7) $ 5.0

CAPITAL STOCK (Tables)

CAPITAL STOCK (Tables)	12 Months Ended
	Dec. 28, 2024
Equity [Abstract]
Schedule of Net Earnings (Loss) Attributable to Common Shareowners and Weighted-Average Shares outstanding	The following table reconciles net earnings (loss) attributable to common shareowners and the weighted-average shares outstanding used to calculate basic and diluted earnings (loss) per share for the fiscal years ended December 28, 2024, December 30, 2023, and December 31, 2022. 2024 2023 2022 Numerator (in millions): Net Earnings (Loss) from Continuing Operations Attributable to Common Shareowners $ 286.3 $ (281.7) $ 164.3 Add: Contract adjustment payments accretion — — 1.2 Net Earnings (Loss) from Continuing Operations Attributable to Common Shareowners - Diluted 286.3 (281.7) 165.5 Net earnings (loss) from discontinued operations 8.0 (28.8) 892.4 Net Earnings (Loss) Attributable to Common Shareowners - Diluted $ 294.3 $ (310.5) $ 1,057.9 2024 2023 2022 Denominator (in thousands): Basic weighted-average shares outstanding 150,485 149,751 148,170 Dilutive effect of stock contracts and awards 812 — 8,383 Diluted weighted-average shares outstanding 151,297 149,751 156,553 Earnings (loss) per share of common stock: Basic earnings (loss) per share of common stock: Continuing operations $ 1.90 $ (1.88) $ 1.11 Discontinued operations $ 0.05 $ (0.19) $ 6.02 Total basic earnings (loss) per share of common stock $ 1.96 $ (2.07) $ 7.13 Diluted earnings (loss) per share of common stock: Continuing operations $ 1.89 $ (1.88) $ 1.06 Discontinued operations $ 0.05 $ (0.19) $ 5.70 Total diluted earnings (loss) per share of common stock $ 1.95 $ (2.07) $ 6.76
Schedule of Weighted-Average Stock Options Not Included in Computation of Weighted-Average Diluted Shares Outstanding	The following weighted-average stock options were not included in the computation of weighted-average diluted shares outstanding because the effect would be anti-dilutive (in thousands): 2024 2023 2022 Number of stock options 5,141 5,406 4,019
Schedule of Common Stock Share Activity	Common stock activity for 2024, 2023 and 2022 was as follows: 2024 2023 2022 Outstanding, beginning of year 153,620,088 152,983,530 163,328,776 Issued from treasury 960,437 817,110 5,711,974 Returned to treasury (207,592) (180,552) (16,057,220) Outstanding, end of year 154,372,933 153,620,088 152,983,530 Shares subject to the forward share purchase contract (3,645,510) (3,645,510) (3,645,510) Outstanding, less shares subject to the forward share purchase contract 150,727,423 149,974,578 149,338,020
Schedule of Common Stock Shares Reserved for Issuance Under Various Employee and Director Stock Plans	Common stock shares reserved for issuance under various employee and director stock plans at December 28, 2024 and December 30, 2023 are as follows: 2024 2023 Employee stock purchase plan 921,982 1,070,126 Other stock-based compensation plans 5,869,501 6,161,350 Total shares reserved 6,791,483 7,231,476
Schedule of Weighted Average Assumptions Used to Value Grants	The following weighted-average assumptions were used to value grants made in 2024, 2023 and 2022: 2024 2023 2022 Average expected volatility 38.0 % 39.1 % 38.6 % Dividend yield 3.6 % 3.6 % 3.7 % Risk-free interest rate 4.2 % 4.0 % 3.2 % Expected life 5.0 years 5.0 years 4.2 years Fair value per option $ 25.25 $ 26.05 $ 20.00 Weighted-average vesting period 2.0 years 1.9 years 1.7 years
Schedule of Number of Stock Options and Weighted-average Exercise Prices	The number of stock options and weighted-average exercise prices as of December 28, 2024 are as follows: Options Price Outstanding, December 30, 2023 5,490,848 $ 133.22 Granted 832,331 89.34 Exercised (163,179) 89.19 Forfeited (241,429) 125.24 Outstanding, December 28, 2024 5,918,571 $ 128.59 Exercisable, December 28, 2024 4,339,550 $ 140.93
Schedule of Outstanding and Exercisable Stock Option	Outstanding and exercisable stock option information at December 28, 2024 follows: Outstanding Stock Options Exercisable Stock Options Exercise Price Ranges Options Weighted- Weighted- Options Weighted- Weighted- $100.00 and below 2,183,691 8.46 $ 86.00 719,340 8.04 $ 82.46 100.01 — 165.00 2,055,411 3.38 131.22 2,040,881 3.35 131.38 165.01 — higher 1,679,469 5.30 180.74 1,579,329 5.19 179.90 5,918,571 5.80 $ 128.59 4,339,550 4.80 $ 140.93
Schedule of Non-Vested Restricted Share Units and Activity Pertaining to Maximum Number of Shares that may be Issued	A summary of non-vested restricted share units and award activity as of December 28, 2024, and changes during the year then ended is as follows: Restricted Share Weighted-Average Non-vested at December 30, 2023 1,490,924 $ 100.24 Granted 750,126 89.66 Vested (585,745) 99.85 Forfeited (175,322) 96.78 Non-vested at December 28, 2024 1,479,983 $ 95.44 A summary of the activity pertaining to the maximum number of shares that may be issued is as follows: LTIP Units Weighted-Average Non-vested at December 30, 2023 731,128 $ 119.90 Granted 468,228 80.86 Vested (15,562) 163.45 Forfeited (164,646) 149.63 Non-vested at December 28, 2024 1,019,148 $ 96.50

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	12 Months Ended
	Dec. 28, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Changes in Balances to Components of Accumulated Other Comprehensive Loss	The following table summarizes the changes in the accumulated balances for each component of Accumulated other comprehensive loss: (Millions of Dollars) Currency translation adjustment and other (Losses) gains on cash flow hedges, net of tax Gains (losses) on net investment hedges, net of tax Pension (losses) gains, net of tax Total Balance - December 31, 2022 $ (1,907.4) $ (44.5) $ 73.8 $ (241.4) $ (2,119.5) Other comprehensive income (loss) before reclassifications 75.1 (1.6) (8.9) (26.9) 37.7 Reclassification adjustments to earnings — 3.6 — 9.1 12.7 Net other comprehensive income (loss) 75.1 2.0 (8.9) (17.8) 50.4 Balance - December 30, 2023 $ (1,832.3) $ (42.5) $ 64.9 $ (259.2) $ (2,069.1) Other comprehensive (loss) income before reclassifications (331.9) 24.3 13.5 35.0 (259.1) Adjustments related to sales of businesses (6.0) — — — (6.0) Reclassification adjustments to earnings — 1.5 — 11.8 13.3 Net other comprehensive (loss) income (337.9) 25.8 13.5 46.8 (251.8) Balance - December 28, 2024 $ (2,170.2) $ (16.7) $ 78.4 $ (212.4) $ (2,320.9)
Schedule of Reclassifications out of Accumulated Other Comprehensive Loss	The reclassifications out of Accumulated other comprehensive loss for the years ended December 28, 2024 and December 30, 2023 were as follows: (Millions of Dollars) 2024 2023 Components of Accumulated other comprehensive loss Reclassification adjustments Reclassification adjustments Affected line item in Consolidated Statements of Operations Realized gains (losses) on cash flow hedges $ 2.0 $ (0.6) Cost of sales Realized losses on cash flow hedges (6.1) (6.1) Interest expense Total before taxes (4.1) (6.7) Tax effect 2.6 3.1 Income taxes Realized losses on cash flow hedges, net of tax $ (1.5) $ (3.6) Actuarial losses and prior service costs / credits $ (11.1) $ (11.1) Other, net Settlement losses (3.5) (1.0) Other, net Total before taxes (14.6) (12.1) Tax effect 2.8 3.0 Income taxes Amortization of defined benefit pension items, net of tax $ (11.8) $ (9.1)

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	12 Months Ended
	Dec. 28, 2024
Retirement Benefits [Abstract]
Schedule of Expense (Benefit) for Defined Contribution Plans	The expense (benefit) for defined contribution plans, aside from the earlier discussed ESOP plans, are as follows: (Millions of Dollars) 2024 2023 2022 Multi-employer plan expense $ 3.7 $ 3.5 $ 6.0 Other defined contribution plan expense (benefit) $ 45.7 $ 43.3 $ (2.4)
Schedule of Components of Net Periodic Pension Expense (Benefit) and Post-Retirement Benefit Expense	The components of net periodic pension expense (benefit) are as follows: U.S. Plans Non-U.S. Plans (Millions of Dollars) 2024 2023 2022 2024 2023 2022 Service cost $ 6.4 $ 8.1 $ 6.2 $ 12.2 $ 11.2 $ 15.1 Interest cost 51.6 54.7 33.6 41.7 43.4 22.9 Expected return on plan assets (60.8) (62.1) (60.9) (43.9) (41.5) (37.7) Amortization of prior service cost (credit) 0.6 0.8 0.9 (0.7) (0.7) (0.7) Actuarial loss amortization 8.1 8.9 5.9 4.4 3.4 7.9 Special termination benefit — — — — 0.3 — Settlement / curtailment loss — 0.3 0.2 3.5 0.7 0.2 Net periodic pension expense (benefit) $ 5.9 $ 10.7 $ (14.1) $ 17.2 $ 16.8 $ 7.7 Other Benefit Plans (Millions of Dollars) 2024 2023 2022 Service cost $ 0.3 $ 0.3 $ 0.3 Interest cost 1.7 2.0 1.5 Amortization of prior service credit 0.1 0.1 — Actuarial gain amortization (1.4) (1.4) (0.7) Settlement / curtailment gain — — (0.4) Special termination benefit — — 6.9 Net periodic post-retirement expense $ 0.7 $ 1.0 $ 7.6
Schedule of Changes in Plan Assets and Benefit Obligations Recognized in Accumulated Other Comprehensive Income	Changes in plan assets and benefit obligations recognized in Accumulated other comprehensive loss in 2024 are as follows: (Millions of Dollars) 2024 Current year actuarial gain $ (47.9) Amortization of actuarial loss (11.1) Prior service cost from plan amendments 0.2 Settlement / curtailment loss (3.5) Currency / other (1.2) Total decrease recognized in Accumulated other comprehensive loss (pre-tax) $ (63.5)
Schedule of Changes in Pension and Other Post-retirement Benefit Obligations, Fair Value of Plan Assets	The changes in the pension and other post-retirement benefit obligations, fair value of plan assets, as well as amounts recognized in the Consolidated Balance Sheets, are shown below. U.S. Plans Non-U.S. Plans Other Benefits (Millions of Dollars) 2024 2023 2024 2023 2024 2023 Change in benefit obligation Benefit obligation at end of prior year $ 1,090.3 $ 1,083.5 $ 999.1 $ 931.0 $ 35.2 $ 42.8 Service cost 6.4 8.1 12.2 11.2 0.3 0.3 Interest cost 51.6 54.7 41.7 43.4 1.7 2.0 Special termination benefit — — — 0.3 — — Settlements/curtailments — (5.6) (14.5) (7.6) — — Actuarial (gain) loss (46.7) 40.2 (92.6) 26.6 (1.4) (2.3) Plan amendments 0.1 — 0.1 — — — Foreign currency exchange rate changes — — (29.2) 46.5 (1.1) 0.3 Participant contributions — — 0.2 0.2 — — Acquisitions, divestitures, and other (4.6) (7.7) (2.8) (2.7) — — Benefits paid (84.6) (82.9) (52.6) (49.8) (7.7) (7.9) Benefit obligation at end of year $ 1,012.5 $ 1,090.3 $ 861.6 $ 999.1 $ 27.0 $ 35.2 Change in plan assets Fair value of plan assets at end of prior year $ 979.2 $ 967.3 $ 831.0 $ 783.4 $ — $ — Actual return on plan assets 21.1 93.4 (6.1) 50.1 — — Participant contributions — — 0.2 0.2 — — Employer contributions 12.3 14.7 20.9 19.6 7.7 7.9 Settlements — (5.6) (16.9) (11.3) — — Foreign currency exchange rate changes — — (14.4) 41.5 — — Acquisitions, divestitures, and other (4.6) (7.7) (2.4) (2.7) — — Benefits paid (84.6) (82.9) (52.6) (49.8) (7.7) (7.9) Fair value of plan assets at end of plan year $ 923.4 $ 979.2 $ 759.7 $ 831.0 $ — $ — Funded status — assets less than benefit obligation $ (89.1) $ (111.1) $ (101.9) $ (168.1) $ (27.0) $ (35.2) Unrecognized prior service cost (credit) 1.5 2.1 (13.0) (13.9) 0.4 0.4 Unrecognized net actuarial loss (gain) 217.9 233.0 121.0 170.2 (19.1) (19.6) Net amount recognized $ 130.3 $ 124.0 $ 6.1 $ (11.8) $ (45.7) $ (54.4) U.S. Plans Non-U.S. Plans Other Benefits (Millions of Dollars) 2024 2023 2024 2023 2024 2023 Amounts recognized in the Consolidated Balance Sheets Prepaid benefit cost (non-current) $ 3.8 $ — $ 124.8 $ 88.7 $ — $ — Current benefit liability (5.2) (5.6) (10.3) (10.9) (5.2) (7.6) Non-current benefit liability (87.7) (105.5) (216.4) (245.9) (21.8) (27.6) Net liability recognized $ (89.1) $ (111.1) $ (101.9) $ (168.1) $ (27.0) $ (35.2) Accumulated other comprehensive loss (pre-tax): Prior service cost (credit) $ 1.5 $ 2.1 $ (13.0) $ (13.9) $ 0.4 $ 0.4 Actuarial loss (gain) 217.9 233.0 121.0 170.2 (19.1) (19.6) 219.4 235.1 108.0 156.3 (18.7) (19.2) Net amount recognized $ 130.3 $ 124.0 $ 6.1 $ (11.8) $ (45.7) $ (54.4) The following table provides information regarding pension plans in which projected benefit obligations (inclusive of anticipated future compensation increases) exceed plan assets as of December 28, 2024 and December 30, 2023: U.S. Plans Non-U.S. Plans (Millions of Dollars) 2024 2023 2024 2023 Projected benefit obligation $ 916.5 $ 1,090.3 $ 271.9 $ 304.5 Fair value of plan assets $ 823.6 $ 979.1 $ 45.2 $ 47.8
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets	The following table provides information regarding pension plans in which accumulated benefit obligations exceed plan assets as of December 28, 2024 and December 30, 2023: U.S. Plans Non-U.S. Plans (Millions of Dollars) 2024 2023 2024 2023 Accumulated benefit obligation $ 916.5 $ 1,090.3 $ 221.1 $ 249.9 Fair value of plan assets $ 823.6 $ 979.1 $ 25.7 $ 31.5
Schedule of Assumptions used in Valuing Pension and Post-Retirement Plan Obligations and Net Costs	The major assumptions used in valuing pension and post-retirement plan obligations and net costs were as follows: Pension Benefits U.S. Plans Non-U.S. Plans Other Benefits 2024 2023 2022 2024 2023 2022 2024 2023 2022 Weighted-average assumptions used to determine benefit obligations at year end: Discount rate 5.55 % 5.04 % 5.36 % 5.04 % 4.43 % 4.70 % 5.74 % 5.45 % 5.47 % Rate of compensation increase — — — 3.45 % 3.52 % 3.64 % — — — Weighted-average assumptions used to determine net periodic benefit cost: Discount rate - service cost 5.27 % 5.58 % 3.14 % 5.18 % 5.23 % 2.67 % 6.33 % 6.64 % 4.41 % Discount rate - interest cost 4.96 % 5.23 % 2.28 % 4.36 % 4.67 % 1.69 % 5.44 % 5.37 % 2.25 % Rate of compensation increase — — 3.00 % 3.52 % 3.64 % 3.57 % — — — Expected return on plan assets 6.47 % 6.70 % 4.69 % 5.45 % 5.29 % 3.41 % — — —
Schedule of Asset Allocations by Asset Category and Level of Valuation Inputs within Fair Value Hierarchy	The Company’s worldwide asset allocations at December 28, 2024 and December 30, 2023 by asset category and the level of the valuation inputs within the fair value hierarchy established by ASC 820, Fair Value Measurement , were as follows: Asset Category (Millions of Dollars) 2024 Level 1 Level 2 Cash and cash equivalents $ 29.7 $ 20.3 $ 9.4 Equity securities U.S. equity securities 166.1 48.7 117.4 Foreign equity securities 92.8 24.5 68.3 Fixed income securities Government securities 647.7 253.5 394.2 Corporate securities 678.9 — 678.9 Insurance contracts 37.7 — 37.7 Other 30.2 — 30.2 Total $ 1,683.1 $ 347.0 $ 1,336.1 Asset Category (Millions of Dollars) 2023 Level 1 Level 2 Cash and cash equivalents $ 40.9 $ 25.8 $ 15.1 Equity securities U.S. equity securities 191.5 63.5 128.0 Foreign equity securities 119.7 34.7 85.0 Fixed income securities Government securities 646.0 239.8 406.2 Corporate securities 736.5 — 736.5 Insurance contracts 39.6 — 39.6 Other 36.0 — 36.0 Total $ 1,810.2 $ 363.8 $ 1,446.4
Schedule of Expected Future Benefit Payments	Benefit payments, inclusive of amounts attributable to estimated future employee service, are expected to be paid over the next 10 years as follows: (Millions of Dollars) Total Year 1 Year 2 Year 3 Year 4 Year 5 Years 6-10 Future payments $ 1,440.5 $ 153.8 $ 146.5 $ 145.6 $ 145.5 $ 144.1 $ 705.0

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Dec. 28, 2024
Fair Value Disclosures [Abstract]
Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table presents the Company’s financial assets and liabilities that are measured at fair value on a recurring basis for each of the hierarchy levels: (Millions of Dollars) Total Level 1 Level 2 Level 3 December 28, 2024 Money market fund $ 14.2 $ 14.2 $ — $ — Deferred compensation plan investments $ 17.0 $ 17.0 $ — $ — Derivative assets $ 32.6 $ — $ 32.6 $ — Derivative liabilities $ 11.8 $ — $ 11.8 $ — Contingent consideration liability $ 167.4 $ — $ — $ 167.4 December 30, 2023 Money market fund $ 12.3 $ 12.3 $ — $ — Non-derivative hedging instrument $ 399.7 $ — $ 399.7 $ — Deferred compensation plan investments $ 20.2 $ 20.2 $ — $ — Derivative assets $ 8.5 $ — $ 8.5 $ — Derivative liabilities $ 17.9 $ — $ 17.9 $ — Contingent consideration liability $ 208.8 $ — $ — $ 208.8
Schedule of Financial Assets and Liabilities not Carried at Fair Value	The following table provides information about the Company's financial assets and liabilities not carried at fair value: December 28, 2024 December 30, 2023 (Millions of Dollars) Carrying Fair Carrying Fair Other investments $ 4.0 $ 3.9 $ 6.0 $ 5.8 Long-term debt, including current portion $ 6,103.0 $ 5,548.8 $ 6,102.1 $ 5,512.8

RESTRUCTURING CHARGES (Tables)

RESTRUCTURING CHARGES (Tables)	12 Months Ended
	Dec. 28, 2024
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Reserve Activity	A summary of the restructuring reserve activity from December 30, 2023 to December 28, 2024 is as follows: (Millions of Dollars) December 30, 2023 Net Usage Currency December 28, 2024 Severance and related costs $ 25.8 $ 49.0 $ (50.3) $ 0.8 $ 25.3 Facility closures and other 3.1 50.9 (33.9) — 20.1 Total $ 28.9 $ 99.9 $ (84.2) $ 0.8 $ 45.4

BUSINESS SEGMENTS AND GEOGRAP_2

BUSINESS SEGMENTS AND GEOGRAPHIC AREAS (Tables)	12 Months Ended
	Dec. 28, 2024
Segment Reporting [Abstract]
Schedule of Net Sales, Segment Profit, Capital and Software Expenditures, Depreciation and Amortization and Segment Assets	BUSINESS SEGMENTS (Millions of Dollars) 2024 Tools & Outdoor Industrial Total Net Sales $ 13,304.2 $ 2,061.5 $ 15,365.7 Cost of sales 9,404.0 1,452.0 Selling, general and administrative 2,702.8 354.6 Segment Profit $ 1,197.4 $ 254.9 $ 1,452.3 Corporate Overhead (270.6) Other, net (448.8) Restructuring charges (99.9) Asset impairment charges (72.4) Interest income 179.1 Interest expense (498.6) Earnings from continuing operations before income taxes $ 241.1 (Millions of Dollars) 2023 Tools & Outdoor Industrial Total Net Sales $ 13,367.1 $ 2,414.0 $ 15,781.1 Cost of sales 10,090.2 1,758.2 Selling, general and administrative 2,589.3 389.3 Segment Profit $ 687.6 $ 266.5 $ 954.1 Corporate Overhead (312.2) Other, net (320.1) Loss on sales of businesses (10.8) Restructuring charges (39.4) Asset impairment charges (274.8) Interest income 186.9 Interest expense (559.4) Loss from continuing operations before income taxes $ (375.7) (Millions of Dollars) 2022 Tools & Outdoor Industrial Total Net Sales $ 14,423.7 $ 2,523.4 $ 16,947.1 Cost of sales 10,803.9 1,862.6 Selling, general and administrative 2,647.9 424.6 Segment Profit $ 971.9 $ 236.2 $ 1,208.1 Corporate Overhead (294.0) Other, net (274.8) Loss on sales of businesses (8.4) Restructuring charges (140.8) Asset impairment charges (168.4) Interest income 54.7 Interest expense (338.5) Earnings from continuing operations before income taxes $ 37.9 (Millions of Dollars) 2024 2023 2022 Capital and Software Expenditures Tools & Outdoor $ 301.5 $ 264.7 $ 438.5 Industrial 52.4 74.0 85.6 Discontinued operations — — 6.3 Consolidated $ 353.9 $ 338.7 $ 530.4 Depreciation and Amortization Tools & Outdoor $ 456.8 $ 453.5 $ 387.6 Industrial 132.7 171.6 184.2 Discontinued operations — — 0.4 Consolidated $ 589.5 $ 625.1 $ 572.2 Segment Assets December 28, 2024 December 30, 2023 Tools & Outdoor $ 18,135.8 $ 18,960.8 Industrial 3,962.9 4,081.7 22,098.7 23,042.5 Assets held for sale — 857.6 Corporate assets (249.8) (236.3) Consolidated $ 21,848.9 $ 23,663.8
Schedule of Disaggregation of Industrial Segment Revenue	The following table is a further disaggregation of the Industrial segment revenue for the years ended December 28, 2024, December 30, 2023 and December 31, 2022: (Millions of Dollars) 2024 2023 2022 Engineered Fastening $ 1,968.9 $ 1,965.4 $ 1,874.8 Infrastructure 92.6 448.6 648.6 Industrial $ 2,061.5 $ 2,414.0 $ 2,523.4
Schedule of Net Sales and Property Plant and Equipment, Net by Geographic Area	(Millions of Dollars) 2024 2023 2022 Net Sales United States $ 9,505.4 $ 9,861.3 $ 10,733.1 Canada 739.5 761.5 835.7 Other Americas 879.7 870.9 839.4 Europe 3,018.3 3,024.7 3,154.7 Asia 1,222.8 1,262.7 1,384.5 Consolidated $ 15,365.7 $ 15,781.1 $ 16,947.4 (Millions of Dollars) December 28, 2024 December 30, 2023 Property, Plant & Equipment, net United States $ 1,256.8 $ 1,306.5 Canada 5.6 7.2 Other Americas 208.4 253.2 Europe 273.4 300.0 Asia 290.1 303.0 Consolidated $ 2,034.3 $ 2,169.9

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 28, 2024
Income Tax Disclosure [Abstract]
Schedule of Significant Components of Deferred Tax Assets and Liabilities	Significant components of the Company’s deferred tax assets and liabilities, excluding 2023 amounts classified as held for sale, at the end of each fiscal year were as follows: (Millions of Dollars) 2024 2023 Deferred tax liabilities: Depreciation $ 73.9 $ 114.6 Intangible assets 799.6 817.7 Liability on undistributed foreign earnings 11.8 14.8 Lease right-of-use asset 118.1 126.5 Inventory — 32.6 Other 37.4 44.2 Total deferred tax liabilities $ 1,040.8 $ 1,150.4 Deferred tax assets: Employee benefit plans $ 137.9 $ 154.8 Basis differences in liabilities 139.5 100.8 Operating loss, capital loss and tax credit carryforwards 983.7 826.5 Lease liability 123.3 129.1 Intangible assets 636.2 681.3 Basis difference in debt obligations — 249.1 Capitalized research and development costs 205.3 194.6 Interest expense carryforward 207.2 152.7 Inventory 22.5 — Other 151.3 159.1 Total deferred tax assets $ 2,606.9 $ 2,648.0 Net Deferred Tax Asset before Valuation Allowance $ 1,566.1 $ 1,497.6 Valuation Allowance $ (967.8) $ (1,046.9) Net Deferred Tax Asset after Valuation Allowance $ 598.3 $ 450.7
Schedule of Components of Earnings (Loss) from Continuing Operations Before Income Taxes	The components of earnings (loss) from continuing operations before income taxes consisted of the following: (Millions of Dollars) 2024 2023 2022 United States $ (925.4) $ (1,385.0) $ (1,233.8) Foreign 1,166.5 1,009.3 1,271.7 Earnings (loss) before income taxes $ 241.1 $ (375.7) $ 37.9
Schedule of Income Taxes on Continuing Operations	Income taxes on continuing operations consisted of the following: (Millions of Dollars) 2024 2023 2022 Current: Federal $ 4.3 $ 5.8 $ (79.0) Foreign 174.9 307.4 248.6 State 2.8 17.1 (16.7) Total current $ 182.0 $ 330.3 $ 152.9 Deferred: Federal $ (181.5) $ (158.2) $ (61.2) Foreign (17.5) (218.3) (222.5) State (28.2) (47.8) (1.6) Total deferred (227.2) (424.3) (285.3) Income taxes on continuing operations $ (45.2) $ (94.0) $ (132.4)
Schedule of Reconciliation of U.S. Federal Statutory Income Tax to Income Taxes on Continuing Operations	The reconciliation of the U.S. federal statutory income tax provision to Income taxes on continuing operations in the Consolidated Statements of Operations is as follows: (Millions of Dollars) 2024 2023 2022 Tax at statutory rate $ 50.6 $ (78.9) $ 8.0 State income taxes, net of federal benefits (21.2) (23.6) (19.3) Foreign tax rate differential (0.9) (48.0) (28.8) Uncertain tax benefits (8.6) 30.5 26.3 Change in valuation allowance (28.1) 33.5 (25.1) Change in deferred tax liabilities on undistributed foreign earnings 1.2 — 12.8 Stock-based compensation 8.0 8.2 7.3 Change in tax rates 0.7 0.2 (5.5) Tax credits (20.2) (17.8) (10.3) U.S. federal tax expense on foreign earnings 15.9 63.6 51.6 Intra-entity asset transfer of intellectual property — (131.3) (153.3) Withholding taxes 13.6 38.9 5.4 Impairment on assets held for sale 4.0 30.4 — Capital loss (64.4) — — Global minimum taxes 3.9 — — Other 0.3 0.3 (1.5) Income taxes on continuing operations $ (45.2) $ (94.0) $ (132.4)
Schedule of Activity Related to Unrecognized Tax Benefits	The following table summarizes the activity related to the unrecognized tax benefits: (Millions of Dollars) 2024 2023 2022 Balance at beginning of year $ 481.3 $ 502.7 $ 487.7 Additions based on tax positions related to current year 41.4 20.9 27.2 Additions based on tax positions related to prior years 10.2 20.4 41.1 Reductions based on tax positions related to prior years (41.6) (8.2) (37.8) Settlements (10.2) (16.2) (7.0) Statute of limitations expirations (28.7) (16.8) (8.5) Reclassification to long-term liabilities held for sale — (21.5) — Balance at end of year $ 452.4 $ 481.3 $ 502.7

COMMITMENTS AND GUARANTEES (Tab

COMMITMENTS AND GUARANTEES (Tables)	12 Months Ended
	Dec. 28, 2024
Commitments and Guarantees [Abstract]
Schedule of Right-of-Use Assets and Lease Liabilities	The following is a summary of the Company's right-of-use-assets and lease liabilities: (Millions of Dollars) December 28, 2024 December 30, 2023 Right-of-use assets $ 473.4 $ 502.9 Lease liabilities $ 491.8 $ 506.6 Weighted-average incremental borrowing rate 4.7 % 4.6 % Weighted-average remaining term 6 years 7 years
Schedule of Total Lease Cost	The following is a summary of the Company's total lease cost for the years ended December 28, 2024, December 30, 2023, and December 31, 2022: (Millions of Dollars) 2024 2023 2022 Operating lease cost $ 139.6 $ 144.0 $ 147.1 Short-term lease cost 33.0 31.2 27.6 Variable lease cost 8.3 11.2 5.9 Sublease income (2.5) (3.2) (2.5) Total lease cost $ 178.4 $ 183.2 $ 178.1
Schedule of Future Lease Obligations on Undiscounted Basis	The following is a summary of the Company's future lease obligations on an undiscounted basis at December 28, 2024: (Millions of Dollars) Total 2025 2026 2027 2028 2029 Thereafter Lease obligations $ 564.5 $ 129.7 $ 110.0 $ 86.1 $ 68.0 $ 53.6 $ 117.1
Schedule of Future Marketing Commitments	The following is a summary of the Company’s future marketing commitments at December 28, 2024: (Millions of Dollars) Total 2025 2026 2027 2028 2029 Thereafter Marketing commitments $ 62.2 $ 34.8 $ 21.8 $ 5.6 $ — $ — $ —
Schedule of Unconditional Purchase Obligations Related to Supplier Agreement	The following is a summary of the Company's unconditional purchase obligations related to these agreements at December 28, 2024: (Millions of Dollars) Total 2025 2026 2027 2028 2029 Thereafter Supplier agreements $ 160.5 $ 100.8 $ 29.1 $ 30.6 $ — $ — $ —
Schedule of Outstanding Obligations Under SCF Programs	The following is a rollforward of the Company's outstanding obligations (Millions of Dollars) 2024 Balance, beginning of year $ 528.1 Additions 2,111.5 Reductions for payments (2,153.3) Foreign currency translation and other (2.7) Balance, end of year $ 483.6
Schedule of Financial Guarantees	The Company's financial guarantees at December 28, 2024 are as follows: (Millions of Dollars) Term Maximum Carrying Guarantees on the residual values of leased properties Three years to nine years $ 78.2 $ — Standby letters of credit Up to twenty years 179.3 — Commercial customer financing arrangements Up to ten years 104.3 16.4 Total $ 361.8 $ 16.4
Schedule of Changes in Carrying Amount of Product Warranties	The changes in the carrying amount of product warranties for the years ended December 28, 2024, December 30, 2023, and December 31, 2022 are as follows: (Millions of Dollars) 2024 2023 2022 Balance beginning of period $ 136.7 $ 126.6 $ 134.5 Warranties and guarantees issued 180.3 171.3 155.3 Warranty payments and currency (176.9) (161.2) (163.2) Balance end of period $ 140.1 $ 136.7 $ 126.6

DIVESTITURES (Tables)

DIVESTITURES (Tables)	12 Months Ended
	Dec. 28, 2024
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Pre Tax Income	Following is the pre-tax income for this business for the years ended December 28, 2024, December 30, 2023 and December 31, 2022: (Millions of Dollars) 2024 2023 2022 Pre-tax income $ 9.6 $ 52.0 $ 54.3
Schedule of Discontinued Operations	The carrying amounts of the assets and liabilities that were aggregated in assets held for sale and liabilities held for sale as of December 30, 2023 are presented in the following table: (Millions of Dollars) December 30, 2023 Cash and cash equivalents $ 0.6 Accounts and notes receivable, net 41.3 Inventories, net 96.5 Other current assets 2.4 Property, plant and equipment, net 70.4 Goodwill 389.7 Intangibles, net 214.3 Other assets 42.4 Total assets $ 857.6 Accounts payable and accrued expenses $ 44.1 Other long-term liabilities 84.8 Total liabilities $ 128.9 Summarized operating results of discontinued operations are presented in the following table for each fiscal year ended: (Millions of Dollars) 2024 2023 2022 Net Sales $ — $ — $ 1,056.3 Cost of sales — — 687.5 Selling, general, and administrative (1) — — 308.0 Gain (loss) on sale of discontinued operations 10.4 (14.3) 1,197.4 Other, net and restructuring charges — — 47.3 Earnings (loss) from discontinued operations before income taxes $ 10.4 $ (14.3) $ 1,210.9 Income taxes on discontinued operations 2.4 14.5 318.5 Net earnings (loss) from discontinued operations $ 8.0 $ (28.8) $ 892.4 (1) Includes provision for credit losses. The following table presents the significant non-cash items and capital expenditures for the discontinued operations with respect to CSS and MAS that are included in the Consolidated Statements of Cash Flows for the fiscal year ended December 31, 2022: (Millions of Dollars) 2022 Depreciation and amortization $ 0.4 Capital expenditures $ 6.3 Stock-based compensation $ 17.5

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Allowance for Credit Losses:
Movement in Valuation Allowances and Reserves
Beginning Balance	$ 76.6	$ 106.6	$ 95.9
Charged To Costs And Expenses	22.2	8.7	14.3
Charged To Other Accounts	9	9.5	16.9
Deductions	(23.1)	(48.2)	(20.5)
Ending Balance	84.7	76.6	106.6
Tax Valuation Allowance:
Movement in Valuation Allowances and Reserves
Beginning Balance	1,046.9	1,032.5	1,067.2
Charged To Costs And Expenses	31.5	38.4	21.2
Charged To Other Accounts	(1)	2.2	(5.9)
Deductions	(109.6)	(26.2)	(50)
Ending Balance	$ 967.8	$ 1,046.9	$ 1,032.5

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Details) $ in Millions		12 Months Ended
	Feb. 13, 2023 age	Dec. 28, 2024 USD ($) age	Dec. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Significant Accounting Policies [Line Items]
Stock-based compensation, minimum retirement age for eligibility | age	55
Minimum service year to be eligible to stock-based compensation benefits (in years)	10 years
Retirement Eligible Plan One
Significant Accounting Policies [Line Items]
Stock-based compensation, minimum retirement age for eligibility | age		55
Minimum service year to be eligible to stock-based compensation benefits (in years)		10 years
Retirement Eligible Plan Two
Significant Accounting Policies [Line Items]
Stock-based compensation, minimum retirement age for eligibility | age		65
Minimum service year to be eligible to stock-based compensation benefits (in years)		1 year
Minimum
Significant Accounting Policies [Line Items]
Vesting period of stock-based compensation grants (in years)		3 years
Maximum
Significant Accounting Policies [Line Items]
Vesting period of stock-based compensation grants (in years)		4 years
Net Sales
Significant Accounting Policies [Line Items]
Cooperative advertising expense		$ 335.4	$ 325.1	$ 358.1
Selling, General and Administrative Expenses
Significant Accounting Policies [Line Items]
Cooperative advertising expense		21.4	27.8	31.8
Selling, General and Administrative Expense
Significant Accounting Policies [Line Items]
Advertising costs		109.6	110.5	118.9
Production and distribution costs		$ 534.4	$ 521.7	$ 498.7

SIGNIFICANT ACCOUNTING POLICI_5

SIGNIFICANT ACCOUNTING POLICIES - Schedule of Depreciation and Amortization (Details)	Dec. 28, 2024
Buildings
Property, Plant and Equipment [Line Items]
Useful Life (Years)	40 years
Minimum | Land improvements
Property, Plant and Equipment [Line Items]
Useful Life (Years)	10 years
Minimum | Machinery and equipment
Property, Plant and Equipment [Line Items]
Useful Life (Years)	3 years
Minimum | Computer software
Property, Plant and Equipment [Line Items]
Useful Life (Years)	3 years
Maximum | Land improvements
Property, Plant and Equipment [Line Items]
Useful Life (Years)	20 years
Maximum | Machinery and equipment
Property, Plant and Equipment [Line Items]
Useful Life (Years)	15 years
Maximum | Computer software
Property, Plant and Equipment [Line Items]
Useful Life (Years)	7 years

ACCOUNTS AND NOTES RECEIVABLE_3

ACCOUNTS AND NOTES RECEIVABLE, NET - Schedule of Accounts and Notes Receivable (Details) - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Receivables [Abstract]
Trade accounts receivable	$ 950.4	$ 1,057.8
Notes receivable	65.9	66.9
Other accounts receivable	222.1	253.9
Accounts and notes receivable	1,238.4	1,378.6
Allowance for credit losses	(84.7)	(76.6)
Accounts and notes receivable, net	$ 1,153.7	$ 1,302

ACCOUNTS AND NOTES RECEIVABLE_4

ACCOUNTS AND NOTES RECEIVABLE, NET - Schedule of Changes in Allowance for Credit Losses (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance beginning of period	$ 76.6	$ 106.6
Charged to costs and expenses	22.2	8.7	$ 14.3
Other, including recoveries and deductions	(14.1)	(38.7)
Balance end of period	$ 84.7	$ 76.6	$ 106.6

ACCOUNTS AND NOTES RECEIVABLE_5

ACCOUNTS AND NOTES RECEIVABLE, NET - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023
Receivables [Abstract]
Maximum cash investment in receivables	$ 110
Net receivables derecognized	95.1	$ 110
Proceeds from transfers of receivables to the purchaser	402.3	455.7
Payment to the purchaser	417.2	455.7
Pretax loss on sale	5.4	5.4
Deferred revenue	101.6	116.8
Deferred revenue, current	31.3	31.7
Deferred revenue recognized	$ 28.6	$ 27.3

INVENTORIES, NET - Schedule of

INVENTORIES, NET - Schedule of Components of Inventories (Details) - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Inventory Disclosure [Abstract]
Finished products	$ 2,943.5	$ 2,912.5
Work in process	346.3	263.4
Raw materials	1,246.6	1,562.7
Total	$ 4,536.4	$ 4,738.6

INVENTORIES, NET - Additional I

INVENTORIES, NET - Additional Information (Details) - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Inventory Disclosure [Abstract]
Net inventory amount valued at lower of LIFO cost or market	$ 2,700	$ 2,800
Increase in inventories if LIFO method had not been used	$ 197.2	$ 256.1

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Property, Plant and Equipment [Line Items]
Property, plant & equipment, gross	$ 5,129	$ 5,081.2
Less: accumulated depreciation and amortization	(3,094.7)	(2,911.3)
Property, plant & equipment, net	2,034.3	2,169.9
Land
Property, Plant and Equipment [Line Items]
Property, plant & equipment, gross	132	135.1
Land improvements
Property, Plant and Equipment [Line Items]
Property, plant & equipment, gross	55.2	55
Buildings
Property, Plant and Equipment [Line Items]
Property, plant & equipment, gross	805.1	808.6
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant & equipment, gross	205	180.9
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant & equipment, gross	3,402.1	3,391.2
Computer software
Property, Plant and Equipment [Line Items]
Property, plant & equipment, gross	$ 529.6	$ 510.4

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS - Schedule of Changes in Carrying Amount of Goodwill by Segment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 7,995.9	$ 8,502.7
Reclassification to assets held for sale		(540.5)
Foreign currency translation and other	(90.4)	33.7
Goodwill, ending balance	7,905.5	7,995.9
Tools & Outdoor
Goodwill [Roll Forward]
Goodwill, beginning balance	5,976.3	5,939.7
Reclassification to assets held for sale		0
Foreign currency translation and other	(67.1)	36.6
Goodwill, ending balance	5,909.2	5,976.3
Industrial
Goodwill [Roll Forward]
Goodwill, beginning balance	2,019.6	2,563
Reclassification to assets held for sale		(540.5)
Foreign currency translation and other	(23.3)	(2.9)
Goodwill, ending balance	$ 1,996.3	$ 2,019.6

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS - Additional Information (Details) $ in Millions	3 Months Ended		12 Months Ended
	Sep. 28, 2024 USD ($) reportingUnit	Sep. 30, 2023 USD ($)	Dec. 28, 2024 USD ($)	Dec. 30, 2023 USD ($)
Goodwill [Line Items]
Number of reporting units | reportingUnit	2
Goodwill assumptions, term (in years)	6 years
Indefinite-lived trade names			$ 2,348	$ 2,396
Impairment, intangible asset, indefinite-lived (excluding goodwill), statement of income or comprehensive income			Asset impairment charges
Future amortization expense in 2025			$ 148.4
Future amortization expense in 2026			140.8
Future amortization expense in 2027			133.6
Future amortization expense in 2028			130.2
Future amortization expense in 2029			129
Future amortization expense thereafter			701.4
Tools & Outdoor | Irwin and Troy-Bilt Trade Names
Goodwill [Line Items]
Indefinite-lived trade names		$ 113
Tools & Outdoor | Irwin and Troy-Bilt Trade Names | Trade Names
Goodwill [Line Items]
Goodwill, impairment charge		$ 124	$ 41
Tools & Outdoor | Lenox Trade Name
Goodwill [Line Items]
Indefinite-lived trade names	$ 115
Tools & Outdoor | Lenox Trade Name | Trade Names
Goodwill [Line Items]
Goodwill, impairment charge	$ 41
Product Concentration Risk | Revenue, Segment Benchmark | Tools & Outdoor | Irwin and Troy-Bilt Trade Names
Goodwill [Line Items]
Utilization of trade name (as percent)			6%
Discontinued Operations, Held-for-Sale
Goodwill [Line Items]
Intangibles, net				214.3
Discontinued Operations, Held-for-Sale | Infrastructure Reporting Unit
Goodwill [Line Items]
Goodwill reclassified to assets held for sale				$ 540.5

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS - Schedule of Definite-Lived Intangible Assets (Details) - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 2,927.8	$ 2,958.4
Accumulated Amortization	(1,544.4)	(1,405.2)
Patents and copyrights
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	25.3	26.2
Accumulated Amortization	(25.2)	(26.1)
Trade names
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	222	223.6
Accumulated Amortization	(134)	(120.7)
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,550.7	2,578.4
Accumulated Amortization	(1,257.3)	(1,132.7)
Other intangible assets
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	129.8	130.2
Accumulated Amortization	$ (127.9)	$ (125.7)

GOODWILL AND INTANGIBLE ASSET_5

GOODWILL AND INTANGIBLE ASSETS - Schedule of Intangible Assets Amortization Expense by Segment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Amortization of intangibles	$ 163.2	$ 192.7	$ 202.5
Tools & Outdoor
Finite-Lived Intangible Assets [Line Items]
Amortization of intangibles	101.6	103.1	108.1
Industrial
Finite-Lived Intangible Assets [Line Items]
Amortization of intangibles	$ 61.6	$ 89.6	$ 94.4

ACCRUED EXPENSES (Details)

ACCRUED EXPENSES (Details) - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Payables and Accruals [Abstract]
Payroll and related taxes	$ 329.8	$ 318.3
Income and other taxes	231.1	288.5
Customer rebates and sales returns	353.2	411.2
Insurance and benefits	75.3	71.8
Restructuring costs	34.7	28.9
Derivative financial instruments	11.8	17.9
Warranty costs	113.7	109.5
Deferred revenue	31.3	31.7
Freight costs	139.6	107.1
Environmental costs	51.4	46
Current lease liability	126.6	127.7
Forward stock purchase contract	0	337.4
Accrued interest	71.6	64
Other	409.2	504.3
Total	$ 1,979.3	$ 2,464.3

LONG-TERM DEBT AND FINANCING _3

LONG-TERM DEBT AND FINANCING ARRANGEMENTS - Schedule of Long-Term Debt and Financing Arrangements (Details) - USD ($)	Dec. 28, 2024	Dec. 30, 2023	Mar. 31, 2023
Debt Instrument [Line Items]
Notional Value	$ 6,151,800,000
Carrying Value	6,103,000,000	$ 6,102,100,000
Less: Current maturities of long-term debt	(500,400,000)	(1,100,000)
Long-term debt	$ 5,602,600,000	6,101,000,000
Notes payable due 2025
Debt Instrument [Line Items]
Interest Rate	2.30%
Notional Value	$ 500,000,000
Carrying Value	$ 499,900,000	498,700,000
Notes payable due 2026
Debt Instrument [Line Items]
Interest Rate	3.40%
Notional Value	$ 500,000,000
Carrying Value	$ 499,400,000	498,900,000
Notes payable due 2026
Debt Instrument [Line Items]
Interest Rate	6.27%		6.272%
Notional Value	$ 350,000,000		$ 350,000,000
Carrying Value	$ 349,300,000	348,600,000
Notes payable due 2026
Debt Instrument [Line Items]
Interest Rate	3.42%
Notional Value	$ 25,000,000
Carrying Value	$ 25,700,000	26,000,000
Notes payable due 2026
Debt Instrument [Line Items]
Interest Rate	1.84%
Notional Value	$ 26,100,000
Carrying Value	$ 26,700,000	28,500,000
Notes payable due 2028
Debt Instrument [Line Items]
Interest Rate	6%
Notional Value	$ 400,000,000
Carrying Value	$ 398,000,000	397,500,000
Notes payable due 2028
Debt Instrument [Line Items]
Interest Rate	7.05%
Notional Value	$ 150,000,000
Carrying Value	$ 157,500,000	159,700,000
Notes payable due 2028
Debt Instrument [Line Items]
Interest Rate	4.25%
Notional Value	$ 500,000,000
Carrying Value	$ 498,300,000	497,700,000
Notes payable due 2028
Debt Instrument [Line Items]
Interest Rate	3.52%
Notional Value	$ 50,000,000
Carrying Value	$ 52,400,000	53,100,000
Notes payable due 2030
Debt Instrument [Line Items]
Interest Rate	2.30%
Notional Value	$ 750,000,000
Carrying Value	$ 746,200,000	745,300,000
Notes payable due 2032
Debt Instrument [Line Items]
Interest Rate	3%
Notional Value	$ 500,000,000
Carrying Value	$ 496,600,000	496,300,000
Notes payable due 2040
Debt Instrument [Line Items]
Interest Rate	5.20%
Notional Value	$ 400,000,000
Carrying Value	$ 374,500,000	372,900,000
Notes payable due 2048
Debt Instrument [Line Items]
Interest Rate	4.85%
Notional Value	$ 500,000,000
Carrying Value	$ 495,200,000	495,000,000
Notes payable due 2050
Debt Instrument [Line Items]
Interest Rate	2.75%
Notional Value	$ 750,000,000
Carrying Value	$ 741,000,000	740,700,000
Notes payable due 2060 (junior subordinated) | Junior Subordinated Debt
Debt Instrument [Line Items]
Interest Rate	4%
Notional Value	$ 750,000,000
Carrying Value	741,600,000	741,400,000
Other, payable in varying amounts 2025 through 2026
Debt Instrument [Line Items]
Notional Value	700,000
Carrying Value	$ 700,000	$ 1,800,000
Other, payable in varying amounts 2025 through 2026 | Minimum
Debt Instrument [Line Items]
Interest Rate	4.23%
Other, payable in varying amounts 2025 through 2026 | Maximum
Debt Instrument [Line Items]
Interest Rate	4.31%

LONG-TERM DEBT AND FINANCING _4

LONG-TERM DEBT AND FINANCING ARRANGEMENTS - Additional Information (Details) - USD ($)	1 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Long-term debt, maturity, year one		$ 500,400,000
Long-term debt, maturity, year two		901,400,000
Long-term debt, maturity, year four		1,100,000,000
Long-term debt, maturity, after year five		3,650,000,000
Fair value adjustment and unamortized gain (loss) termination of swap		(19,300,000)
Unamortized debt discount		4,800,000
Debt issuance costs		32,200,000
Issued amount		6,151,800,000
Proceeds from debt issuances, net of fees	$ 745,300,000	0	$ 745,300,000	$ 992,600,000
Debt issuance costs	4,700,000
Notes payable due 2028
Debt Instrument [Line Items]
Issued amount		$ 150,000,000
Interest rate (as percent)		7.05%
Notes payable due 2028 | Fixed To Floating Interest Rate Swap
Debt Instrument [Line Items]
Fair value adjustment and unamortized gain (loss) termination of swap		$ 7,500,000
Notes payable due 2026
Debt Instrument [Line Items]
Issued amount	$ 350,000,000	$ 350,000,000
Interest rate (as percent)	6.272%	6.27%
Notes 6.0% Due in 2028
Debt Instrument [Line Items]
Issued amount	$ 400,000,000
Interest rate (as percent)	6%

LONG-TERM DEBT AND FINANCING _5

LONG-TERM DEBT AND FINANCING ARRANGEMENTS - Commercial Paper and Credit Facilities (Details)	12 Months Ended
	Dec. 28, 2024 USD ($)	Dec. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)	Jun. 30, 2024 USD ($)	Jun. 29, 2024 USD ($)
Debt Instrument [Line Items]
Maximum borrowing capacity				$ 3,500,000,000
Commercial paper amount outstanding		$ 1,100,000,000
Line of credit facility, maximum borrowing capacity	$ 3,800,000,000
Short-term borrowings	0	1,074,800,000
Interest paid	$ 479,900,000	$ 531,500,000	$ 320,800,000
Debt instrument, covenant, leverage ratio, minimum	3.50
Adjustment addback amount	$ 500,000,000
Four Quarter Period Through Q2 2024
Debt Instrument [Line Items]
Debt instrument, covenant, leverage ratio, minimum	1.50
Debt instrument, minimum interest coverage ratio	2.50
Adjustment addback amount	$ 500,000,000
Four Quarter Period Through Q2 2025
Debt Instrument [Line Items]
Adjustment addback amount	250,000,000
Line of Credit
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	296,200,000
Line of credit facility, available borrowing capacity	205,700,000
Short-term borrowings	$ 90,500,000
Line of Credit | US Dollars
Debt Instrument [Line Items]
Weighted average interest rates on short-term borrowings (as percent)	5.60%	5.10%
Line of Credit | Euro
Debt Instrument [Line Items]
Weighted average interest rates on short-term borrowings (as percent)	3.90%	3.50%
Five Year Credit Facility
Debt Instrument [Line Items]
Long-term debt, term (in years)	5 years	5 years		5 years	5 years
Line of credit facility, current borrowing capacity				$ 2,250,000,000	$ 2,500,000,000
Line of credit drawn	$ 0	$ 0
Committed Credit Facility
Debt Instrument [Line Items]
Amount of credit facility foreign currency sublimit				$ 800,000,000
2023 Syndicated 364-Day Credit Agreement | Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt, term (in years)				364 days
Line of credit drawn		0
Line of credit facility, maximum borrowing capacity				$ 1,500,000,000
2024 Syndicated 364-Day Credit Agreement | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity				$ 3,500,000,000
Long-term debt, term (in years)				364 days
Line of credit drawn	0
Line of credit facility, maximum borrowing capacity				$ 1,250,000,000
Designated as Hedging Instruments
Debt Instrument [Line Items]
Commercial paper amount outstanding		$ 399,700,000
Commercial Paper
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 3,500,000,000

FINANCIAL INSTRUMENTS - Schedul

FINANCIAL INSTRUMENTS - Schedule of Fair Value of Company’s Derivatives (Details) - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Derivatives, Fair Value [Line Items]
Derivative assets	$ 32.6	$ 8.5
Derivative liabilities	11.8	417.6
Derivatives designated as hedging instruments:
Derivatives, Fair Value [Line Items]
Derivative assets	23.7	0.1
Derivative liabilities	0.9	404.6
Other current assets | Foreign Exchange Contracts | Derivatives not designated as hedging instruments:
Derivatives, Fair Value [Line Items]
Derivative assets	8.9	8.4
Other current assets | Foreign Exchange Contracts | Foreign Exchange Contracts Cash Flow | Derivatives designated as hedging instruments:
Derivatives, Fair Value [Line Items]
Derivative assets	23.7	0.1
Accrued expenses | Foreign Exchange Contracts | Derivatives not designated as hedging instruments:
Derivatives, Fair Value [Line Items]
Derivative liabilities	10.9	13
Accrued expenses | Foreign Exchange Contracts | Foreign Exchange Contracts Cash Flow | Derivatives designated as hedging instruments:
Derivatives, Fair Value [Line Items]
Derivative liabilities	0.9	4.9
Short-term borrowings | Net Investment Hedge | Derivatives designated as hedging instruments:
Derivatives, Fair Value [Line Items]
Derivative assets	0	0
Derivative liabilities	$ 0	$ 399.7

FINANCIAL INSTRUMENTS - Additio

FINANCIAL INSTRUMENTS - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022	Feb. 28, 2025	Jan. 01, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Cash paid (received) related to derivatives	$ (0.1)	$ (30.1)	$ 86.2
(Loss) gain reclassified from accumulated other comprehensive loss into earnings	(1.5)	(3.6)	26.4
Foreign Exchange Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Accumulated other comprehensive gains	78.4	64.9
Not Designated as Hedging Instrument | Forward Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Derivative notional amount	1,300	1,000
Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
After-tax mark-to-market gains (losses)	(16.7)	(42.5)
After tax gain to be reclassified	7.4
Cash Flow Hedging | Interest Rate Swap
Derivative Instruments, Gain (Loss) [Line Items]
After-tax mark-to-market gains (losses)			22.7
Derivative notional amount					$ 400
Cash Flow Hedging | Foreign Exchange Forward
Derivative Instruments, Gain (Loss) [Line Items]
Derivative notional amount	537.8	300
Cash Flow Hedging | Foreign Exchange Forward | Subsequent Event
Derivative Instruments, Gain (Loss) [Line Items]
Derivative notional amount				$ 85
Net Investment Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Derivative notional amount	0	399.7
Net Investment Hedging | Foreign Exchange Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Cash paid (received) related to derivatives	$ 0	$ 0	$ 10.6

FINANCIAL INSTRUMENTS - Sched_2

FINANCIAL INSTRUMENTS - Schedule of Detail Pre-tax Amounts of derivatives designated in Accumulated Other Comprehensive Loss into Earnings (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Interest Rate Contracts Cash Flow | Cash Flow Hedging | Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recorded in OCI	$ 0	$ 0	$ 23.4
Gain (Loss) Reclassified from OCI to Income	(6.1)	(6.1)	(5.8)
Gain (Loss) Recognized in Income on Amounts Excluded from Effectiveness Testing	0	0	0
Foreign Exchange Contracts | Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from OCI to Income		0	0
Foreign Exchange Contracts | Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from OCI to Income	2	(0.6)	53.3
Foreign Exchange Contracts | Cash Flow Hedging | Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recorded in OCI	30.8	(4.3)	30.6
Gain (Loss) Reclassified from OCI to Income	2	(0.6)	53.3
Gain (Loss) Recognized in Income on Amounts Excluded from Effectiveness Testing	$ 0	$ 0	$ 0

FINANCIAL INSTRUMENTS - Sched_3

FINANCIAL INSTRUMENTS - Schedule of Pre-Tax Effect of Cash Flow Hedge Accounting on Consolidated Statements of Operations and Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Derivative [Line Items]
Cost of sales	$ 10,851.3	$ 11,848.5	$ 12,663.3
Interest expense	498.6	559.4	338.5
Foreign Exchange Contracts | Cost of sales
Derivative [Line Items]
Hedged Items	(2)	0.6	(53.3)
Gain (loss) reclassified from OCI into Income	2	(0.6)	53.3
Foreign Exchange Contracts | Interest expense
Derivative [Line Items]
Hedged Items	0	0	0
Gain (loss) reclassified from OCI into Income		0	0
Interest Rate Swap | Cost of sales
Derivative [Line Items]
Gain (loss) reclassified from OCI into Income	0	0	0
Interest Rate Swap | Interest expense
Derivative [Line Items]
Gain (loss) reclassified from OCI into Income	$ (6.1)	$ (6.1)	$ (5.8)

FINANCIAL INSTRUMENTS - Sched_4

FINANCIAL INSTRUMENTS - Schedule of Pre-Tax Effect from Fair Value Change (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Total amount in the Consolidated Statements of Operations in which the effects of the fair value hedges are recorded	$ 498.6	$ 559.4	$ 338.5
Fair Value Hedges
Derivative Instruments, Gain (Loss) [Line Items]
Amortization of gain on terminated swaps	$ (0.4)	$ (0.4)	$ (0.4)

FINANCIAL INSTRUMENTS - Sched_5

FINANCIAL INSTRUMENTS - Schedule of Cumulative Basis Adjustments for Fair Value Hedges (Details) - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Current maturities of long-term debt	$ 500.4	$ 1.1
Long-Term Debt	532	532.6
Other Current Liabilities | Fair Value Hedges | Designated as Hedging Instruments
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Liability	0	0
Long-term Debt | Fair Value Hedges | Designated as Hedging Instruments
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Liability	$ (19.3)	$ (19.7)

FINANCIAL INSTRUMENTS - Sched_6

FINANCIAL INSTRUMENTS - Schedule of Pre-Tax Gain or Loss from Fair Value Change (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Non-derivative designated as Net Investment Hedge, Total Gain (Loss) Recorded in OCI	$ 18.6	$ (12)	$ (0.1)
Non-derivative designated as Net Investment Hedge, Excluded Component Recorded in OCI	0	0	0
Non-derivative designated as Net Investment Hedge, Excluded Component Amortized from OCI to Income	0	0	0
Other Expense
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Non-derivative designated as Net Investment Hedge, Total Gain (Loss) Reclassified from OCI to Income	0	0	0
Forward Contracts
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Total Gain (Loss) Recorded in OCI	(0.5)	0.4	6.1
Excluded Component Recorded in OCI	0	0	0.6
Excluded Component Amortized from OCI to Income	0	0	0.7
Forward Contracts | Other Expense
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Total Gain (Loss) Reclassified from OCI to Income	$ 0	$ 0	0.7
Cross Currency Swap
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Total Gain (Loss) Recorded in OCI			(1.2)
Excluded Component Recorded in OCI			2.5
Excluded Component Amortized from OCI to Income			1.5
Cross Currency Swap | Other Expense
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Total Gain (Loss) Reclassified from OCI to Income			$ 1.5

FINANCIAL INSTRUMENTS - Sched_7

FINANCIAL INSTRUMENTS - Schedule of Gain (Loss) from Changes in Fair Value Related to Derivatives Not Designated as Hedging Instruments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Foreign Exchange Contracts | Other-net
Derivative [Line Items]
Undesignated hedges	$ (0.9)	$ (33.7)	$ 5

CAPITAL STOCK - Schedule of Net

CAPITAL STOCK - Schedule of Net Earnings (Loss) Attributable to Common Shareowners and Weighted-Average Shares Outstanding (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Numerator
Net Earnings (Loss) from Continuing Operations Attributable to Common Shareowners	$ 286.3	$ (281.7)	$ 164.3
Add: Contract adjustment payments accretion	0	0	1.2
Net Earnings (Loss) from Continuing Operations Attributable to Common Shareowners - Diluted	286.3	(281.7)	165.5
Net earnings (loss) from discontinued operations	8	(28.8)	892.4
Net Earnings (Loss) Attributable to Common Shareowners - Diluted	$ 294.3	$ (310.5)	$ 1,057.9
Denominator
Basic weighted-average shares outstanding (in shares)	150,485	149,751	148,170
Dilutive effect of stock contracts and awards (in shares)	812	0	8,383
Diluted weighted-average shares outstanding (in shares)	151,297	149,751	156,553
Basic earnings (loss) per share of common stock:
Continuing operations (in dollars per share)	$ 1.90	$ (1.88)	$ 1.11
Discontinued operations (in dollars per share)	0.05	(0.19)	6.02
Total basic earnings (loss) per share of common stock (in dollars per share)	1.96	(2.07)	7.13
Diluted earnings (loss) per share of common stock:
Continuing operations (in dollars per share)	1.89	(1.88)	1.06
Discontinued operations (in dollars per share)	0.05	(0.19)	5.70
Total diluted earnings (loss) per share of common stock (in dollars per share)	$ 1.95	$ (2.07)	$ 6.76

CAPITAL STOCK - Schedule of Wei

CAPITAL STOCK - Schedule of Weighted-Average Stock Options Not Included in Computation of Weighted-Average Diluted Shares Outstanding (Details) - shares shares in Thousands	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of stock options (in shares)	5,141	5,406	4,019

CAPITAL STOCK - Earning Per Sha

CAPITAL STOCK - Earning Per Share, Additional Information (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended			12 Months Ended
	Dec. 31, 2022	Nov. 30, 2022	Nov. 30, 2019	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, forward purchase contract (in years)			3 years
Increase in weighted-average shares outstanding (in shares)						3,600,000
Conversion of stock (in shares)		4,723,500
Payments for repurchase of preferred stock and preference stock				$ 0	$ 0	$ 750
Equity Units And Capped Call Transactions Commenced In 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued, price per share (in dollars per share)			$ 100
Beneficial ownership in one share of preferred stock (as percent)			10%
Preferred stock, liquidation preference (in dollars per share)			$ 1,000
Series D Preferred Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity units issued (in shares)			7,500,000
Equity unit			$ 750
Preferred stock, dividend rate (as percent)		7.50%
Preferred stock, liquidation preference (in dollars per share)		$ 1,000
Proceeds from issuance of convertible preferred stock		$ 750
Conversion of stock (in shares)		4,723,500
Preferred stock, shares issued (in shares)		750,000
Preferred stock, dividend rate (in dollars per share)		$ 75
Preferred stock, redemption price (in dollars per share)		$ 1,007.71
Preferred stock, redemption price, percentage of liquidation preference		100%
Payments for repurchase of preferred stock and preference stock	$ 750
Series D Preferred Stock | Equity Units And Capped Call Transactions Commenced In 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred stock, dividend rate (as percent)			0%

CAPITAL STOCK - Schedule of Com

CAPITAL STOCK - Schedule of Common Stock Share Activity (Details) - shares	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Common Stock, Shares, Activity [Roll Forward]
Outstanding, beginning of year (in shares)	153,620,088	152,983,530	163,328,776
Issued from treasury (in shares)	960,437	817,110	5,711,974
Returned to treasury (in shares)	(207,592)	(180,552)	(16,057,220)
Outstanding, end of year (in shares)	154,372,933	153,620,088	152,983,530
Shares subject to the forward share purchase contract (in shares)	(3,645,510)	(3,645,510)	(3,645,510)
Outstanding, less shares subject to the forward share purchase contract (in shares)	150,727,423	149,974,578	149,338,020

CAPITAL STOCK - Common Stock Ac

CAPITAL STOCK - Common Stock Activity, Additional Information (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended
	Nov. 30, 2022	Mar. 31, 2022	Mar. 31, 2015	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022	May 31, 2022	Feb. 28, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forward share purchase contract, shares purchased (in shares)				3,645,510	3,645,510	3,645,510
Conversion of stock (in shares)	4,723,500
Forward share purchase contract (in shares)			3,645,510
Forward share purchase contract			$ 350
Series D Preferred Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Conversion of stock (in shares)	4,723,500
Preferred stock, shares issued (in shares)	750,000
2020 Credit Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Long-term debt, term (in days)				364 days
Accelerated Share Repurchase
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock repurchase program, authorized amount		$ 2,000
Stock repurchase program, percent of shares for initial delivery		85%
Forward share purchase contract, shares purchased (in shares)		10,756,770					3,211,317
Shares issued, price per share (in dollars per share)				$ 143.18
Open Market, Share Repurchase
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock repurchase program, authorized amount								$ 300
Forward share purchase contract, shares purchased (in shares)								1,888,601

CAPITAL STOCK - Schedule of C_2

CAPITAL STOCK - Schedule of Common Stock Shares Reserved for Issuance Under Various Employee and Director Stock Plans (Details) - shares	Dec. 28, 2024	Dec. 30, 2023
Defined Benefit Plan Disclosure [Line Items]
Shares reserved (in shares)	6,791,483	7,231,476
Employee stock purchase plan
Defined Benefit Plan Disclosure [Line Items]
Shares reserved (in shares)	921,982	1,070,126
Other stock-based compensation plans
Defined Benefit Plan Disclosure [Line Items]
Shares reserved (in shares)	5,869,501	6,161,350

CAPITAL STOCK - Stock-based Com

CAPITAL STOCK - Stock-based Compensation Plans, Additional Information (Details) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 28, 2024 USD ($) goal $ / shares shares	Dec. 30, 2023 USD ($) $ / shares shares	Dec. 31, 2022 USD ($) $ / shares shares	Apr. 26, 2024 shares	Feb. 13, 2023 age
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option expense (income)	$ 105.4	$ 83.8	$ 90.7
Cash received from exercise of stock options	14.5
Tax benefit from exercise of stock options	0.4
Aggregate intrinsic value	1.9	1	4.6
Stock-based compensation, minimum retirement age for eligibility | age					55
Aggregate intrinsic value of stock options outstanding	1.9
Aggregate intrinsic value of stock options exercisable	$ 1.2
Weighted average exercise price (in dollars per share) | $ / shares	$ 89.34
Shares granted, before forfeiture	$ 0.9	$ 1.5	9.8
Number of annual performance goals | goal	2
Earnings per share and return on capital employed as percentage of share based payment	75%
Market based elements as a percentage of share based payment	25%
Award performance period (in years)	3 years	3 years
Non Employee Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted, before forfeiture	$ 1.7	$ 1.9	1.8
Employee Stock Purchase Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock purchase plan, shares authorized for subscription (in shares) | shares	1,600,000
Stock option expense (income)	$ 3.7	3.6	3.3
Aggregate intrinsic value	$ 3.7	$ 4.1	$ 2.3
Employee stock purchase plan, discounted purchase price (as percent)	85%
Weighted average exercise price (in dollars per share) | $ / shares	$ 69.59
Employee stock purchase plan, shares issued (in shares) | shares	148,144	181,573	136,956
Employee stock purchase plan (in dollars per share) | $ / shares	$ 69.49	$ 65.34	$ 96.09
Cash received related to ESPP purchases	$ 10.3
Expected life (in years)	1 year
Dividend yield (as percent)	3.30%	3.90%	1.70%
Expected volatility (as percent)	34%	42%	25%
Risk-free interest rate (as percent)	5.20%	4.70%	0.20%
Fair value per option (in dollars per share) | $ / shares	$ 27.38	$ 21.26	$ 38.51
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period (in years)	3 years
Remaining vesting periods on a weighted-average basis (in years)	10 years
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period (in years)	4 years
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options term (in years)	10 years
Exercise price ranges, lower (in dollars per share) | $ / shares	$ 77.83
Exercise price ranges, upper (in dollars per share) | $ / shares	$ 193.97
Stock option expense (income)	$ 25.3	$ 26.6	$ 27.1
Unrecognized pre-tax compensation expense	$ 20
Remaining vesting periods on a weighted-average basis (in years)	1 year 6 months
Stock-based compensation, tax shortfall	$ 0.3	$ 0.1	$ 0.1
Expected life (in years)	5 years	5 years	4 years 2 months 12 days
Dividend yield (as percent)	3.60%	3.60%	3.70%
Expected volatility (as percent)	38%	39.10%	38.60%
Risk-free interest rate (as percent)	4.20%	4%	3.20%
Fair value per option (in dollars per share) | $ / shares	$ 25.25	$ 26.05	$ 20
Stock Options | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period (in years)	3 years
Forfeiture rate (as percent)	8%
Stock Options | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period (in years)	4 years
Forfeiture rate (as percent)	10%
Restricted Share Units & Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option expense (income)	$ 64	$ 53.9	$ 50.6
Unrecognized pre-tax compensation expense	70.8
Stock-based compensation, tax shortfall	$ 10.1
Granted (in shares) | shares	750,126	827,133	870,848
Granted (in dollars per share) | $ / shares	$ 89.66	$ 90.09	$ 85.05
Tax shortfall recognized	$ 0.8	$ 1.9	$ 3.6
Unrecognized pre-tax compensation expense, weighted average recognition period (in years)	1 year 4 months 24 days
Total fair value of shares vested	$ 59.4	49.9	38.9
Restricted Share Units & Awards | Non Employee Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option expense (income)	$ 1	1.1	1.2
Restricted Share Units & Awards | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period (in years)	3 years
Restricted Share Units & Awards | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period (in years)	4 years
MICP PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period (in years)	3 years
Stock option expense (income)	$ 0	(5)	9.1
Stock-based compensation, tax shortfall		0.9	3.6
Long-Term Performance Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option expense (income)	9.7	1.7	2.4
Stock-based compensation, tax shortfall	$ 0.1	0.3	1.3
Granted (in shares) | shares	468,228
Granted (in dollars per share) | $ / shares	$ 80.86
Market based elements as a percentage of share based payment	25%
Shortfall recognized	$ 0.5	$ 0.5	$ 0.1
2024 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock purchase plan, shares authorized for subscription (in shares) | shares				9,320,000
2022 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock purchase plan, shares authorized for subscription (in shares) | shares				0

CAPITAL STOCK - Schedule of W_2

CAPITAL STOCK - Schedule of Weighted Average Assumptions Used to Value Grants (Details) - Stock Options - $ / shares	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Average expected volatility	38%	39.10%	38.60%
Dividend yield	3.60%	3.60%	3.70%
Risk-free interest rate	4.20%	4%	3.20%
Expected life	5 years	5 years	4 years 2 months 12 days
Fair value per option (in dollars per share)	$ 25.25	$ 26.05	$ 20
Weighted-average vesting period	2 years	1 year 10 months 24 days	1 year 8 months 12 days

CAPITAL STOCK - Schedule of Num

CAPITAL STOCK - Schedule of Number of Stock Options and Weighted-average Exercise Prices (Details)	12 Months Ended
	Dec. 28, 2024 $ / shares shares
Options
Outstanding, beginning of year (in shares) | shares	5,490,848
Granted (in shares) | shares	832,331
Exercised (in shares) | shares	(163,179)
Forfeited (in shares) | shares	(241,429)
Outstanding, end of year (in shares) | shares	5,918,571
Exercisable, end of year (in shares) | shares	4,339,550
Price
Outstanding, beginning of year (in dollars per share) | $ / shares	$ 133.22
Granted (in dollars per share) | $ / shares	89.34
Exercised (in dollars per share) | $ / shares	89.19
Forfeited (in dollars per share) | $ / shares	125.24
Outstanding, end of year (in dollars per share) | $ / shares	128.59
Exercisable, end of year (in dollars per share) | $ / shares	$ 140.93

CAPITAL STOCK - Schedule of Out

CAPITAL STOCK - Schedule of Outstanding and Exercisable Stock Option (Details) - $ / shares	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding stock options, options (in shares)	5,918,571	5,490,848
Outstanding stock options, weighted average remaining contractual life (in years)	5 years 9 months 18 days
Outstanding stock options, weighted-average exercise price (in dollars per share)	$ 128.59
Exercisable stock options, options (in shares)	4,339,550
Exercisable stock options, weighted-average remaining contractual life (in years)	4 years 9 months 18 days
Exercisable stock options, weighted-average exercise price (in dollars per share)	$ 140.93
$100.00 and below
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding stock options, options (in shares)	2,183,691
Outstanding stock options, weighted average remaining contractual life (in years)	8 years 5 months 15 days
Outstanding stock options, weighted-average exercise price (in dollars per share)	$ 86
Exercisable stock options, options (in shares)	719,340
Exercisable stock options, weighted-average remaining contractual life (in years)	8 years 14 days
Exercisable stock options, weighted-average exercise price (in dollars per share)	$ 82.46
Exercise price ranges, upper (in dollars per share)	$ 100
100.01 — 165.00
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding stock options, options (in shares)	2,055,411
Outstanding stock options, weighted average remaining contractual life (in years)	3 years 4 months 17 days
Outstanding stock options, weighted-average exercise price (in dollars per share)	$ 131.22
Exercisable stock options, options (in shares)	2,040,881
Exercisable stock options, weighted-average remaining contractual life (in years)	3 years 4 months 6 days
Exercisable stock options, weighted-average exercise price (in dollars per share)	$ 131.38
Exercise price ranges, lower (in dollars per share)	100.01
Exercise price ranges, upper (in dollars per share)	$ 165
165.01 — higher
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding stock options, options (in shares)	1,679,469
Outstanding stock options, weighted average remaining contractual life (in years)	5 years 3 months 18 days
Outstanding stock options, weighted-average exercise price (in dollars per share)	$ 180.74
Exercisable stock options, options (in shares)	1,579,329
Exercisable stock options, weighted-average remaining contractual life (in years)	5 years 2 months 8 days
Exercisable stock options, weighted-average exercise price (in dollars per share)	$ 179.90
Exercise price ranges, lower (in dollars per share)	$ 165.01

CAPITAL STOCK - Schedule of Non

CAPITAL STOCK - Schedule of Non-vested Restricted Stock Unit Activity (Details) - Restricted Share Units & Awards - $ / shares	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Restricted Share Units & Awards
Non-vested, beginning balance (in shares)	1,490,924
Granted (in shares)	750,126	827,133	870,848
Vested (in shares)	(585,745)
Forfeited (in shares)	(175,322)
Non-vested, ending balance (in shares)	1,479,983	1,490,924
Weighted-Average Grant Date Fair Value
Non-vested, beginning balance (in dollars per share)	$ 100.24
Granted (in dollars per share)	89.66	$ 90.09	$ 85.05
Vested (in dollars per share)	99.85
Forfeited (in dollars per share)	96.78
Non-vested, ending balance (in dollars per share)	$ 95.44	$ 100.24

CAPITAL STOCK - Schedule of Act

CAPITAL STOCK - Schedule of Activity Pertaining to Maximum Number of Shares that may be Issued (Details) - Long-Term Performance Awards	12 Months Ended
	Dec. 28, 2024 $ / shares shares
LTIP Units
Non-vested, beginning balance (in shares) | shares	731,128
Granted (in shares) | shares	468,228
Vested (in shares) | shares	(15,562)
Forfeited (in shares) | shares	(164,646)
Non-vested, ending balance (in shares) | shares	1,019,148
Weighted-Average Grant Date Fair Value
Non-vested, beginning balance (in dollars per share) | $ / shares	$ 119.90
Granted (in dollars per share) | $ / shares	80.86
Vested (in dollars per share) | $ / shares	163.45
Forfeited (in dollars per share) | $ / shares	149.63
Non-vested, ending balance (in dollars per share) | $ / shares	$ 96.50

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE LOSS - Schedule of Changes in Balances to Components of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	$ 9,056.1	$ 9,714.2	$ 11,592.4
Other comprehensive income (loss) before reclassifications	(259.1)	37.7
Adjustments related to sales of businesses	(6)
Reclassification adjustments to earnings	13.3	12.7
Net other comprehensive income (loss)	(251.8)	50.4	(273.9)
Ending balance	8,719.9	9,056.1	9,714.2
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(2,069.1)	(2,119.5)	(1,845.6)
Net other comprehensive income (loss)	(251.8)	50.4	(273.9)
Ending balance	(2,320.9)	(2,069.1)	(2,119.5)
Currency translation adjustment and other
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(1,832.3)	(1,907.4)
Other comprehensive income (loss) before reclassifications	(331.9)	75.1
Adjustments related to sales of businesses	(6)
Reclassification adjustments to earnings	0	0
Net other comprehensive income (loss)	(337.9)	75.1
Ending balance	(2,170.2)	(1,832.3)	(1,907.4)
(Losses) gains on cash flow hedges, net of tax
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(42.5)	(44.5)
Other comprehensive income (loss) before reclassifications	24.3	(1.6)
Adjustments related to sales of businesses	0
Reclassification adjustments to earnings	1.5	3.6
Net other comprehensive income (loss)	25.8	2
Ending balance	(16.7)	(42.5)	(44.5)
Gains (losses) on net investment hedges, net of tax
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	64.9	73.8
Other comprehensive income (loss) before reclassifications	13.5	(8.9)
Adjustments related to sales of businesses	0
Reclassification adjustments to earnings	0	0
Net other comprehensive income (loss)	13.5	(8.9)
Ending balance	78.4	64.9	73.8
Pension (losses) gains, net of tax
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(259.2)	(241.4)
Other comprehensive income (loss) before reclassifications	35	(26.9)
Adjustments related to sales of businesses	0
Reclassification adjustments to earnings	11.8	9.1
Net other comprehensive income (loss)	46.8	(17.8)
Ending balance	$ (212.4)	$ (259.2)	$ (241.4)

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE LOSS - Schedule of Reclassifications out of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	$ 10,851.3	$ 11,848.5	$ 12,663.3
Interest expense	498.6	559.4	338.5
Other, net	448.8	320.1	274.8
Earnings (loss) from continuing operations before income taxes	241.1	(375.7)	37.9
Income taxes	45.2	94	132.4
Net Earnings (Loss) Attributable to Stanley Black & Decker, Inc.	294.3	(310.5)	$ 1,062.5
Reclassification of Accumulated Other Comprehensive Income | Accumulated Gain (Loss), Cash Flow Hedge, Including Noncontrolling Interest
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	2	(0.6)
Interest expense	(6.1)	(6.1)
Earnings (loss) from continuing operations before income taxes	(4.1)	(6.7)
Income taxes	2.6	3.1
Net Earnings (Loss) Attributable to Stanley Black & Decker, Inc.	(1.5)	(3.6)
Reclassification of Accumulated Other Comprehensive Income | Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Earnings (loss) from continuing operations before income taxes	(14.6)	(12.1)
Income taxes	2.8	3
Net Earnings (Loss) Attributable to Stanley Black & Decker, Inc.	(11.8)	(9.1)
Reclassification of Accumulated Other Comprehensive Income | Actuarial losses and prior service costs / credits
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other, net	(11.1)	(11.1)
Reclassification of Accumulated Other Comprehensive Income | Settlement losses
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other, net	$ (3.5)	$ (1)

EMPLOYEE BENEFIT PLANS - Additi

EMPLOYEE BENEFIT PLANS - Additional Information (Details) $ in Millions	12 Months Ended
	Dec. 28, 2024 USD ($) employee	Dec. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Employer match percentage of employee's tax-deferred contribution	50%
Allocations for benefits earned under the cornerstone plan	$ 36.1	$ 38.8	$ 28.9
Employee stock ownership plan, expenses	67.8	71.6	$ 61.1
Defined contribution plan, liability	$ 118.7	$ 104.7
Defined benefit plan, net periodic benefit cost (credit) excluding service cost, statement of income or comprehensive income	Other, net	Other, net	Other, net
Accumulated benefit obligation for defined benefit pension plans	$ 1,868	$ 2,084
Expected return on plan assets	6.57%
Percentage of pension liabilities invested in fixed income securities (as percent)	70%
Target allocation percentage of assets, equity securities, minimum	10%
Target allocation percentage of assets, equity securities, maximum	30%
Target allocations in fixed income securities minimum range	60%
Target allocations in fixed income securities maximum range	80%
Target allocations in other securities range, maximum	10%
Funded status of total plan assets (as percent)	90%	87%	87%
Expected pension and other post retirement benefit plans	$ 30
Assumed health care cost trend rate for next year (as percent)	6.30%
Assumed ultimate trend rate for health care cost (as percent)	4.90%
Medical and Dental Benefits
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Number of employees covered by benefit plans | employee	461
Non-U.S. Plans
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Employees covered by pension plan | employee	13,110
Employee Defined Contribution Plans
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Defined contribution plan, employer contribution	$ 31.7	$ 32.8	$ 32.2
Employee Stock Ownership Plan (ESOP), Plan
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Defined benefit employer matches participant contributions (as percent)	7%
Employer cash contributions	$ 72.6	$ 61	$ 67.8
Employee Stock Ownership Plan (ESOP), Plan | Core Benefit Plan
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Number of employees covered by benefit plans | employee	11,249
Minimum | Employee Stock Ownership Plan (ESOP), Plan | Core Benefit Plan
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Defined contribution plan, employer contribution (as percent)	2%
Maximum | Employee Stock Ownership Plan (ESOP), Plan
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Defined benefit employer matches participant contributions (as percent)	25%
Maximum | Employee Stock Ownership Plan (ESOP), Plan | Core Benefit Plan
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Defined contribution plan, employer contribution (as percent)	6%

EMPLOYEE BENEFIT PLANS - Schedu

EMPLOYEE BENEFIT PLANS - Schedule of Expense (Benefit) for Defined Contribution Plans (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Retirement Benefits [Abstract]
Multi-employer plan expense	$ 3.7	$ 3.5	$ 6
Other defined contribution plan expense (benefit)	$ 45.7	$ 43.3	$ (2.4)

EMPLOYEE BENEFIT PLANS - Sche_2

EMPLOYEE BENEFIT PLANS - Schedule of Components of Net Periodic Expense (Benefit) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Defined Benefit Plan Disclosure [Line Items]
Settlement / curtailment loss	$ 3.5
Other Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	0.3	$ 0.3	$ 0.3
Interest cost	1.7	2	1.5
Amortization of prior service cost (credit)	0.1	0.1	0
Actuarial gain (loss) amortization	(1.4)	(1.4)	(0.7)
Special termination benefit	0	0	6.9
Settlement / curtailment loss	0	0	(0.4)
Net periodic pension expense (benefit)	0.7	1	7.6
U.S. Plans | Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	6.4	8.1	6.2
Interest cost	51.6	54.7	33.6
Expected return on plan assets	(60.8)	(62.1)	(60.9)
Amortization of prior service cost (credit)	0.6	0.8	0.9
Actuarial gain (loss) amortization	8.1	8.9	5.9
Special termination benefit	0	0	0
Settlement / curtailment loss	0	0.3	0.2
Net periodic pension expense (benefit)	5.9	10.7	(14.1)
Non-U.S. Plans | Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	12.2	11.2	15.1
Interest cost	41.7	43.4	22.9
Expected return on plan assets	(43.9)	(41.5)	(37.7)
Amortization of prior service cost (credit)	(0.7)	(0.7)	(0.7)
Actuarial gain (loss) amortization	4.4	3.4	7.9
Special termination benefit	0	0.3	0
Settlement / curtailment loss	3.5	0.7	0.2
Net periodic pension expense (benefit)	$ 17.2	$ 16.8	$ 7.7

EMPLOYEE BENEFIT PLANS - Sche_3

EMPLOYEE BENEFIT PLANS - Schedule of Changes in Plan Assets and Benefit Obligations Recognized in Accumulated Other Comprehensive Income (Details) $ in Millions	12 Months Ended
	Dec. 28, 2024 USD ($)
Retirement Benefits [Abstract]
Current year actuarial gain	$ (47.9)
Amortization of actuarial loss	(11.1)
Prior service cost from plan amendments	0.2
Settlement / curtailment loss	(3.5)
Currency / other	(1.2)
Total decrease recognized in Accumulated other comprehensive loss (pre-tax)	$ (63.5)

EMPLOYEE BENEFIT PLANS - Sche_4

EMPLOYEE BENEFIT PLANS - Schedule of Changes in Pension and Other Post-retirement Benefit Obligations, Fair Value of Plan Assets (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Amounts recognized in the Consolidated Balance Sheets
Non-current benefit liability	$ (325.9)	$ (378.4)
Other Benefit Plans
Change in benefit obligation
Benefit obligation at end of prior year	35.2	42.8
Service cost	0.3	0.3	$ 0.3
Interest cost	1.7	2	1.5
Special termination benefit	0	0
Settlements/curtailments	0	0
Actuarial (gain) loss	(1.4)	(2.3)
Plan amendments	0	0
Foreign currency exchange rate changes	(1.1)	0.3
Participant contributions	0	0
Acquisitions, divestitures, and other	0	0
Benefits paid	(7.7)	(7.9)
Benefit obligation at end of year	27	35.2	42.8
Change in plan assets
Fair value of plan assets at end of prior year	0	0
Actual return on plan assets	0	0
Participant contributions	0	0
Employer contributions	7.7	7.9
Settlements	0	0
Foreign currency exchange rate changes	0	0
Acquisitions, divestitures, and other	0	0
Benefits paid	(7.7)	(7.9)
Fair value of plan assets at end of plan year	0	0	0
Funded status — assets less than benefit obligation	(27)	(35.2)
Unrecognized prior service cost (credit)	0.4	0.4
Unrecognized net actuarial loss (gain)	(19.1)	(19.6)
Net amount recognized	(45.7)	(54.4)
Amounts recognized in the Consolidated Balance Sheets
Prepaid benefit cost (non-current)	0	0
Current benefit liability	(5.2)	(7.6)
Non-current benefit liability	(21.8)	(27.6)
Net liability recognized	(27)	(35.2)
Accumulated other comprehensive loss (pre-tax):
Prior service cost (credit)	0.4	0.4
Actuarial loss (gain)	(19.1)	(19.6)
Defined benefit plan, accumulated other comprehensive loss (pre-tax)	(18.7)	(19.2)
U.S. Plans | Pension Plan
Change in benefit obligation
Benefit obligation at end of prior year	1,090.3	1,083.5
Service cost	6.4	8.1	6.2
Interest cost	51.6	54.7	33.6
Special termination benefit	0	0
Settlements/curtailments	0	(5.6)
Actuarial (gain) loss	(46.7)	40.2
Plan amendments	0.1	0
Foreign currency exchange rate changes	0	0
Participant contributions	0	0
Acquisitions, divestitures, and other	(4.6)	(7.7)
Benefits paid	(84.6)	(82.9)
Benefit obligation at end of year	1,012.5	1,090.3	1,083.5
Change in plan assets
Fair value of plan assets at end of prior year	979.2	967.3
Actual return on plan assets	21.1	93.4
Participant contributions	0	0
Employer contributions	12.3	14.7
Settlements	0	(5.6)
Foreign currency exchange rate changes	0	0
Acquisitions, divestitures, and other	(4.6)	(7.7)
Benefits paid	(84.6)	(82.9)
Fair value of plan assets at end of plan year	923.4	979.2	967.3
Funded status — assets less than benefit obligation	(89.1)	(111.1)
Unrecognized prior service cost (credit)	1.5	2.1
Unrecognized net actuarial loss (gain)	217.9	233
Net amount recognized	130.3	124
Amounts recognized in the Consolidated Balance Sheets
Prepaid benefit cost (non-current)	3.8	0
Current benefit liability	(5.2)	(5.6)
Non-current benefit liability	(87.7)	(105.5)
Net liability recognized	(89.1)	(111.1)
Accumulated other comprehensive loss (pre-tax):
Prior service cost (credit)	1.5	2.1
Actuarial loss (gain)	217.9	233
Defined benefit plan, accumulated other comprehensive loss (pre-tax)	219.4	235.1
Non-U.S. Plans | Pension Plan
Change in benefit obligation
Benefit obligation at end of prior year	999.1	931
Service cost	12.2	11.2	15.1
Interest cost	41.7	43.4	22.9
Special termination benefit	0	0.3
Settlements/curtailments	(14.5)	(7.6)
Actuarial (gain) loss	(92.6)	26.6
Plan amendments	0.1	0
Foreign currency exchange rate changes	(29.2)	46.5
Participant contributions	0.2	0.2
Acquisitions, divestitures, and other	(2.8)	(2.7)
Benefits paid	(52.6)	(49.8)
Benefit obligation at end of year	861.6	999.1	931
Change in plan assets
Fair value of plan assets at end of prior year	831	783.4
Actual return on plan assets	(6.1)	50.1
Participant contributions	0.2	0.2
Employer contributions	20.9	19.6
Settlements	(16.9)	(11.3)
Foreign currency exchange rate changes	(14.4)	41.5
Acquisitions, divestitures, and other	(2.4)	(2.7)
Benefits paid	(52.6)	(49.8)
Fair value of plan assets at end of plan year	759.7	831	$ 783.4
Funded status — assets less than benefit obligation	(101.9)	(168.1)
Unrecognized prior service cost (credit)	(13)	(13.9)
Unrecognized net actuarial loss (gain)	121	170.2
Net amount recognized	6.1	(11.8)
Amounts recognized in the Consolidated Balance Sheets
Prepaid benefit cost (non-current)	124.8	88.7
Current benefit liability	(10.3)	(10.9)
Non-current benefit liability	(216.4)	(245.9)
Net liability recognized	(101.9)	(168.1)
Accumulated other comprehensive loss (pre-tax):
Prior service cost (credit)	(13)	(13.9)
Actuarial loss (gain)	121	170.2
Defined benefit plan, accumulated other comprehensive loss (pre-tax)	$ 108	$ 156.3

EMPLOYEE BENEFIT PLANS - Sche_5

EMPLOYEE BENEFIT PLANS - Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets (Details) - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	$ 916.5	$ 1,090.3
Fair value of plan assets	823.6	979.1
Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	221.1	249.9
Fair value of plan assets	$ 25.7	$ 31.5

EMPLOYEE BENEFIT PLANS - Sche_6

EMPLOYEE BENEFIT PLANS - Schedule of Projected Benefit Obligations Exceed Plan Assets (Details) - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	$ 916.5	$ 1,090.3
Fair value of plan assets	823.6	979.1
Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	271.9	304.5
Fair value of plan assets	$ 45.2	$ 47.8

EMPLOYEE BENEFIT PLANS - Sche_7

EMPLOYEE BENEFIT PLANS - Schedule of Assumptions used in Valuing Pension and Post-Retirement Plan Obligations and Net Costs (Details)	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Weighted-average assumptions used to determine net periodic benefit cost:
Expected return on plan assets	6.57%
Other Benefit Plans
Weighted-average assumptions used to determine benefit obligations at year end:
Discount rate	5.74%	5.45%	5.47%
Weighted-average assumptions used to determine net periodic benefit cost:
Rate of compensation increase	0%	0%	0%
Expected return on plan assets	0%	0%	0%
Other Benefit Plans | Discount rate - service cost
Weighted-average assumptions used to determine net periodic benefit cost:
Discount rate	6.33%	6.64%	4.41%
Other Benefit Plans | Discount rate - interest cost
Weighted-average assumptions used to determine net periodic benefit cost:
Discount rate	5.44%	5.37%	2.25%
U.S. Plans | Pension Plan
Weighted-average assumptions used to determine benefit obligations at year end:
Discount rate	5.55%	5.04%	5.36%
Weighted-average assumptions used to determine net periodic benefit cost:
Rate of compensation increase	0%	0%	3%
Expected return on plan assets	6.47%	6.70%	4.69%
U.S. Plans | Pension Plan | Discount rate - service cost
Weighted-average assumptions used to determine net periodic benefit cost:
Discount rate	5.27%	5.58%	3.14%
U.S. Plans | Pension Plan | Discount rate - interest cost
Weighted-average assumptions used to determine net periodic benefit cost:
Discount rate	4.96%	5.23%	2.28%
Non-U.S. Plans
Weighted-average assumptions used to determine benefit obligations at year end:
Rate of compensation increase	3.45%	3.52%	3.64%
Non-U.S. Plans | Pension Plan
Weighted-average assumptions used to determine benefit obligations at year end:
Discount rate	5.04%	4.43%	4.70%
Weighted-average assumptions used to determine net periodic benefit cost:
Rate of compensation increase	3.52%	3.64%	3.57%
Expected return on plan assets	5.45%	5.29%	3.41%
Non-U.S. Plans | Pension Plan | Discount rate - service cost
Weighted-average assumptions used to determine net periodic benefit cost:
Discount rate	5.18%	5.23%	2.67%
Non-U.S. Plans | Pension Plan | Discount rate - interest cost
Weighted-average assumptions used to determine net periodic benefit cost:
Discount rate	4.36%	4.67%	1.69%

EMPLOYEE BENEFIT PLANS - Sche_8

EMPLOYEE BENEFIT PLANS - Schedule of Asset Allocations by Asset Category and Level of Valuation Inputs within Fair Value Hierarchy (Details) - Fair Value, Measurements, Recurring - Defined Benefit Pension - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	$ 1,683.1	$ 1,810.2
Level 1
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	347	363.8
Level 2
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	1,336.1	1,446.4
Cash and cash equivalents
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	29.7	40.9
Cash and cash equivalents | Level 1
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	20.3	25.8
Cash and cash equivalents | Level 2
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	9.4	15.1
U.S. equity securities
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	166.1	191.5
U.S. equity securities | Level 1
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	48.7	63.5
U.S. equity securities | Level 2
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	117.4	128
Foreign equity securities
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	92.8	119.7
Foreign equity securities | Level 1
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	24.5	34.7
Foreign equity securities | Level 2
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	68.3	85
Government securities
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	647.7	646
Government securities | Level 1
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	253.5	239.8
Government securities | Level 2
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	394.2	406.2
Corporate securities
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	678.9	736.5
Corporate securities | Level 1
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	0	0
Corporate securities | Level 2
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	678.9	736.5
Insurance contracts
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	37.7	39.6
Insurance contracts | Level 1
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	0	0
Insurance contracts | Level 2
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	37.7	39.6
Other
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	30.2	36
Other | Level 1
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	0	0
Other | Level 2
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Fair value of plan assets	$ 30.2	$ 36

EMPLOYEE BENEFIT PLANS - Sche_9

EMPLOYEE BENEFIT PLANS - Schedule of Expected Future Benefit Payments (Details) $ in Millions	Dec. 28, 2024 USD ($)
Retirement Benefits [Abstract]
Total	$ 1,440.5
Year 1	153.8
Year 2	146.5
Year 3	145.6
Year 4	145.5
Year 5	144.1
Years 6-10	$ 705

FAIR VALUE MEASUREMENTS - Sched

FAIR VALUE MEASUREMENTS - Schedule of Financial Assets and Liabilities not Carried at Fair Value (Details) - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	$ 32.6	$ 8.5
Derivative liabilities	11.8	417.6
Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market fund	14.2	12.3
Non-derivative hedging instrument		399.7
Deferred compensation plan investments	17	20.2
Derivative assets	32.6	8.5
Derivative liabilities	11.8	17.9
Contingent consideration liability	167.4	208.8
Fair Value, Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market fund	14.2	12.3
Non-derivative hedging instrument		0
Deferred compensation plan investments	17	20.2
Derivative assets	0	0
Derivative liabilities	0	0
Contingent consideration liability	0	0
Fair Value, Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market fund	0	0
Non-derivative hedging instrument		399.7
Deferred compensation plan investments	0	0
Derivative assets	32.6	8.5
Derivative liabilities	11.8	17.9
Contingent consideration liability	0	0
Fair Value, Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market fund	0	0
Non-derivative hedging instrument		0
Deferred compensation plan investments	0	0
Derivative assets	0	0
Derivative liabilities	0	0
Contingent consideration liability	$ 167.4	$ 208.8

FAIR VALUE MEASUREMENTS - Sch_2

FAIR VALUE MEASUREMENTS - Schedule of Financial Assets and Liabilities not Carried at Fair Value (Details) - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other investments	$ 4	$ 6
Long-term debt, including current portion	6,103	6,102.1
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other investments	3.9	5.8
Long-term debt, including current portion	$ 5,548.8	$ 5,512.8

FAIR VALUE MEASUREMENTS - Addit

FAIR VALUE MEASUREMENTS - Additional Information (Details) $ in Millions	12 Months Ended
	Dec. 28, 2024 USD ($)	Dec. 30, 2023 USD ($)	Mar. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Change in fair value due to change in discount rate	$ 4.5
Measurement Input, Discount Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Business combination, contingent consideration, liability, measurement input	0.0100
Craftsman
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Payments for royalties owed	$ 38.9
Contingent consideration liability	$ 167.4	$ 208.8
Minimum | Craftsman
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Obligation to make future payments based on future sales (as percent)			2.50%
Maximum | Craftsman
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Obligation to make future payments based on future sales (as percent)			3.50%

OTHER COSTS AND EXPENSES (Detai

OTHER COSTS AND EXPENSES (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Business Acquisition [Line Items]
Other, net	$ 448.8	$ 320.1	$ 274.8
Research and development costs	$ 328.8	$ 362	$ 357.4
Revenue Benchmark | Product Concentration Risk | Research and Development Expense
Business Acquisition [Line Items]
Concentration risk (as percent)	2.10%	2.30%	2.10%

RESTRUCTURING CHARGES - Schedul

RESTRUCTURING CHARGES - Schedule of Restructuring Reserve Activity (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Restructuring Reserve
Reserve, beginning balance	$ 28.9
Net Additions	99.9	$ 39.4	$ 140.8
Usage	(84.2)
Currency	0.8
Reserve, ending balance	45.4	28.9
Severance and related costs
Restructuring Reserve
Reserve, beginning balance	25.8
Net Additions	49
Usage	(50.3)
Currency	0.8
Reserve, ending balance	25.3	25.8
Facility closures and other
Restructuring Reserve
Reserve, beginning balance	3.1
Net Additions	50.9
Usage	(33.9)
Currency	0
Reserve, ending balance	$ 20.1	$ 3.1

RESTRUCTURING CHARGES - Additio

RESTRUCTURING CHARGES - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 99.9	$ 39.4	$ 140.8
Restructuring reserves	45.4	$ 28.9
Operating Segments | Tools & Outdoor
Restructuring Cost and Reserve [Line Items]
Restructuring charges	84
Operating Segments | Industrial
Restructuring Cost and Reserve [Line Items]
Restructuring charges	7.7
Corporate Nonsegment
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 8.2

BUSINESS SEGMENTS AND GEOGRAP_3

BUSINESS SEGMENTS AND GEOGRAPHIC AREAS - Additional Information (Details) $ in Millions	12 Months Ended
	Dec. 28, 2024 segment	Dec. 30, 2023	Dec. 31, 2022 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment	2
Corporate Nonsegment
Segment Reporting Information [Line Items]
Other income, overhead | $			$ 0.3
Industrial
Segment Reporting Information [Line Items]
Deferred revenue recognized (as percent)	3.20%	2.20%	4.60%
Lowes | Revenue from Contract with Customer Benchmark | Customer Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk (as percent)	14%	14%	15%
Home Depot | Revenue from Contract with Customer Benchmark | Customer Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk (as percent)	14%	13%	13%

BUSINESS SEGMENTS AND GEOGRAP_4

BUSINESS SEGMENTS AND GEOGRAPHIC AREAS - Schedule of Net Sales, Segment Profit, Capital and Software Expenditures, Depreciation and Amortization (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Net Sales	$ 15,365.7	$ 15,781.1	$ 16,947.4
Cost of sales	10,851.3	11,848.5	12,663.3
Selling, general and administrative	3,310.5	3,282	3,355.7
Other, net	(448.8)	(320.1)	(274.8)
Loss on sales of businesses	0	(10.8)	(8.4)
Restructuring charges	(99.9)	(39.4)	(140.8)
Asset impairment charges	(72.4)	(274.8)	(168.4)
Interest income	179.1	186.9	54.7
Interest expense	(498.6)	(559.4)	(338.5)
Earnings (loss) from continuing operations before income taxes	241.1	(375.7)	37.9
Capital and Software Expenditures	353.9	338.7	530.4
Capital and software expenditures, discontinued operations	0	0	6.3
Depreciation and amortization, discontinued operations	0	0	0.4
Depreciation and Amortization	589.5	625.1	572.2
Operating Segments
Segment Reporting Information [Line Items]
Net Sales	15,365.7	15,781.1	16,947.1
Segment Profit	1,452.3	954.1	1,208.1
Earnings (loss) from continuing operations before income taxes		(375.7)	37.9
Corporate Nonsegment
Segment Reporting Information [Line Items]
Corporate Overhead	(270.6)	(312.2)	(294)
Restructuring charges	(8.2)
Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment
Segment Reporting Information [Line Items]
Other, net	(448.8)	(320.1)	(274.8)
Loss on sales of businesses		(10.8)	(8.4)
Restructuring charges	(99.9)	(39.4)	(140.8)
Asset impairment charges	(72.4)	(274.8)	(168.4)
Interest income	179.1	186.9	54.7
Interest expense	(498.6)	(559.4)	(338.5)
Tools & Outdoor
Segment Reporting Information [Line Items]
Capital and Software Expenditures	301.5	264.7	438.5
Depreciation and Amortization	456.8	453.5	387.6
Tools & Outdoor | Operating Segments
Segment Reporting Information [Line Items]
Net Sales	13,304.2	13,367.1	14,423.7
Cost of sales	9,404	10,090.2	10,803.9
Selling, general and administrative	2,702.8	2,589.3	2,647.9
Segment Profit	1,197.4	687.6	971.9
Restructuring charges	(84)
Industrial
Segment Reporting Information [Line Items]
Net Sales	2,061.5	2,414	2,523.4
Capital and Software Expenditures	52.4	74	85.6
Depreciation and Amortization	132.7	171.6	184.2
Industrial | Operating Segments
Segment Reporting Information [Line Items]
Net Sales	2,061.5	2,414	2,523.4
Cost of sales	1,452	1,758.2	1,862.6
Selling, general and administrative	354.6	389.3	424.6
Segment Profit	254.9	$ 266.5	$ 236.2
Restructuring charges	$ (7.7)

BUSINESS SEGMENTS AND GEOGRAP_5

BUSINESS SEGMENTS AND GEOGRAPHIC AREAS - Schedule of Segment Assets (Details) - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Segment Reporting Information [Line Items]
Segment Assets	$ 21,848.9	$ 23,663.8
Assets held for sale	0	857.6
Operating Segments
Segment Reporting Information [Line Items]
Segment Assets	22,098.7	23,042.5
Operating Segments | Tools & Outdoor
Segment Reporting Information [Line Items]
Segment Assets	18,135.8	18,960.8
Operating Segments | Industrial
Segment Reporting Information [Line Items]
Segment Assets	3,962.9	4,081.7
Corporate Nonsegment
Segment Reporting Information [Line Items]
Segment Assets	$ (249.8)	$ (236.3)

BUSINESS SEGMENTS AND GEOGRAP_6

BUSINESS SEGMENTS AND GEOGRAPHIC AREAS - Schedule of Disaggregation of Industrial Segment Revenue (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Net Sales	$ 15,365.7	$ 15,781.1	$ 16,947.4
Industrial
Disaggregation of Revenue [Line Items]
Net Sales	2,061.5	2,414	2,523.4
Engineered Fastening | Industrial
Disaggregation of Revenue [Line Items]
Net Sales	1,968.9	1,965.4	1,874.8
Infrastructure | Industrial
Disaggregation of Revenue [Line Items]
Net Sales	$ 92.6	$ 448.6	$ 648.6

BUSINESS SEGMENTS AND GEOGRAP_7

BUSINESS SEGMENTS AND GEOGRAPHIC AREAS - Schedule of Net Sales and Property Plant and Equipment, Net by Geographic Area (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Segment Reporting Disclosure [Line Items]
Net Sales	$ 15,365.7	$ 15,781.1	$ 16,947.4
Property, Plant & Equipment, net	2,034.3	2,169.9
United States
Segment Reporting Disclosure [Line Items]
Net Sales	9,505.4	9,861.3	10,733.1
Property, Plant & Equipment, net	1,256.8	1,306.5
Canada
Segment Reporting Disclosure [Line Items]
Net Sales	739.5	761.5	835.7
Property, Plant & Equipment, net	5.6	7.2
Other Americas
Segment Reporting Disclosure [Line Items]
Net Sales	879.7	870.9	839.4
Property, Plant & Equipment, net	208.4	253.2
Europe
Segment Reporting Disclosure [Line Items]
Net Sales	3,018.3	3,024.7	3,154.7
Property, Plant & Equipment, net	273.4	300
Asia
Segment Reporting Disclosure [Line Items]
Net Sales	1,222.8	1,262.7	$ 1,384.5
Property, Plant & Equipment, net	$ 290.1	$ 303

INCOME TAXES - Schedule of Sign

INCOME TAXES - Schedule of Significant Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Deferred tax liabilities:
Depreciation	$ 73.9	$ 114.6
Intangible assets	799.6	817.7
Liability on undistributed foreign earnings	11.8	14.8
Lease right-of-use asset	118.1	126.5
Inventory	0	32.6
Other	37.4	44.2
Total deferred tax liabilities	1,040.8	1,150.4
Deferred tax assets:
Employee benefit plans	137.9	154.8
Basis differences in liabilities	139.5	100.8
Operating loss, capital loss and tax credit carryforwards	983.7	826.5
Lease liability	123.3	129.1
Intangible assets	636.2	681.3
Basis difference in debt obligations	0	249.1
Capitalized research and development costs	205.3	194.6
Interest expense carryforward	207.2	152.7
Inventory	22.5	0
Other	151.3	159.1
Total deferred tax assets	2,606.9	2,648
Net Deferred Tax Asset before Valuation Allowance	1,566.1	1,497.6
Valuation Allowance	(967.8)	(1,046.9)
Net Deferred Tax Asset after Valuation Allowance	$ 598.3	$ 450.7

INCOME TAXES - Additional Infor

INCOME TAXES - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Tax Credit Carryforward [Line Items]
Valuation allowance	$ 967.8	$ 1,046.9
Undistributed earnings, basic	4,300
Liability on undistributed foreign earnings	11.8	14.8
Undistributed earnings of foreign subsidiaries	1,000
Income taxes paid, net	352.3	415.2	$ 482.6
Income tax refund	53.1	25.3	41.8
Unrecognized tax benefits that would impact effective tax rate	447.1	475.7
Unrecognized tax benefits, income tax penalties and interest expense increase (decrease)	1	15.5	(11.2)
Unrecognized tax benefits, income tax penalties and interest accrued	65.3	$ 64.3	$ 48.8
State and Local Jurisdiction
Tax Credit Carryforward [Line Items]
Operating loss carryforwards	1,600
State and Local Jurisdiction | Capital Loss Carryforward
Tax Credit Carryforward [Line Items]
Tax credit carryforward	20
Foreign Tax Jurisdiction
Tax Credit Carryforward [Line Items]
Operating loss carryforwards	3,800
Foreign Tax Jurisdiction | Capital Loss Carryforward
Tax Credit Carryforward [Line Items]
Tax credit carryforward	19.4
Foreign Tax Jurisdiction | Luxembourg
Tax Credit Carryforward [Line Items]
Operating loss carryforwards	2,300
Foreign Tax Jurisdiction | United Kingdom
Tax Credit Carryforward [Line Items]
Operating loss carryforwards	947.3
Foreign Tax Jurisdiction | France
Tax Credit Carryforward [Line Items]
Operating loss carryforwards	187.3
Foreign Tax Jurisdiction | Germany
Tax Credit Carryforward [Line Items]
Operating loss carryforwards	108.9
Foreign Tax Jurisdiction | Brazil
Tax Credit Carryforward [Line Items]
Operating loss carryforwards	76.8
Foreign Tax Jurisdiction | Other Geographical
Tax Credit Carryforward [Line Items]
Operating loss carryforwards	169.5
Domestic Tax Jurisdiction | Capital Loss Carryforward
Tax Credit Carryforward [Line Items]
Tax credit carryforward	$ 17

INCOME TAXES - Schedule of Comp

INCOME TAXES - Schedule of Components of Earnings (Loss) from Continuing Operations Before Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
United States	$ (925.4)	$ (1,385)	$ (1,233.8)
Foreign	1,166.5	1,009.3	1,271.7
Earnings (loss) from continuing operations before income taxes	$ 241.1	$ (375.7)	$ 37.9

INCOME TAXES - Schedule of Inco

INCOME TAXES - Schedule of Income Taxes on Continuing Operations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Current:
Federal	$ 4.3	$ 5.8	$ (79)
Foreign	174.9	307.4	248.6
State	2.8	17.1	(16.7)
Total current	182	330.3	152.9
Deferred:
Federal	(181.5)	(158.2)	(61.2)
Foreign	(17.5)	(218.3)	(222.5)
State	(28.2)	(47.8)	(1.6)
Total deferred	(227.2)	(424.3)	(285.3)
Income taxes on continuing operations	$ (45.2)	$ (94)	$ (132.4)

INCOME TAXES - Schedule of Reco

INCOME TAXES - Schedule of Reconciliation of U.S. Federal Statutory Income Tax to Income Taxes on Continuing Operations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Tax at statutory rate	$ 50.6	$ (78.9)	$ 8
State income taxes, net of federal benefits	(21.2)	(23.6)	(19.3)
Foreign tax rate differential	(0.9)	(48)	(28.8)
Uncertain tax benefits	(8.6)	30.5	26.3
Change in valuation allowance	(28.1)	33.5	(25.1)
Change in deferred tax liabilities on undistributed foreign earnings	1.2	0	12.8
Stock-based compensation	8	8.2	7.3
Change in tax rates	0.7	0.2	(5.5)
Tax credits	(20.2)	(17.8)	(10.3)
U.S. federal tax expense on foreign earnings	15.9	63.6	51.6
Intra-entity asset transfer of intellectual property	0	(131.3)	(153.3)
Withholding taxes	13.6	38.9	5.4
Impairment on assets held for sale	4	30.4	0
Capital loss	(64.4)	0	0
Global minimum taxes	3.9	0	0
Other	0.3	0.3	(1.5)
Income taxes on continuing operations	$ (45.2)	$ (94)	$ (132.4)

INCOME TAXES - Schedule of Acti

INCOME TAXES - Schedule of Activity Related to Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Unrecognized Tax Benefits [Roll Forward]
Balance at beginning of year	$ 481.3	$ 502.7	$ 487.7
Additions based on tax positions related to current year	41.4	20.9	27.2
Additions based on tax positions related to prior years	10.2	20.4	41.1
Reductions based on tax positions related to prior years	(41.6)	(8.2)	(37.8)
Settlements	(10.2)	(16.2)	(7)
Statute of limitations expirations	(28.7)	(16.8)	(8.5)
Reclassification to long-term liabilities held for sale	0	(21.5)	0
Balance at end of year	$ 452.4	$ 481.3	$ 502.7

COMMITMENTS AND GUARANTEES - Sc

COMMITMENTS AND GUARANTEES - Schedule of Right-of-Use Assets and Lease Liabilities (Details) - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Commitments and Guarantees [Abstract]
Right-of-use assets	$ 473.4	$ 502.9
Lease liabilities	$ 491.8	$ 506.6
Weighted-average incremental borrowing rate (as percent)	4.70%	4.60%
Weighted-average remaining term (in years)	6 years	7 years

COMMITMENTS AND GUARANTEES - Ad

COMMITMENTS AND GUARANTEES - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Guarantor Obligations [Line Items]
Operating lease, right-of-use asset, statement of financial position, extensible enumeration	Other assets	Other assets
Operating lease, liability, current, statement of financial position, extensible enumeration	Accrued expenses	Accrued expenses
Operating lease, liability, noncurrent, statement of financial position, extensible enumeration	Other liabilities	Other liabilities
Increase in lease liability	$ 72.2	$ 206.1
Payments on operating leases	$ 136.9	$ 128.3	$ 124.1
Supplier finance program, obligation, current, statement of financial position, extensible enumeration	Accounts payable	Accounts payable
Supplier finance program, obligation, current	$ 483.6	$ 528.1
Lease guarantees	361.8
Carrying amount of guarantees recorded in the consolidated balance sheet	$ 16.4
Product warranties (in years)	1 year
Guarantees on the residual values of leased properties
Guarantor Obligations [Line Items]
Lease guarantees	$ 78.2
Carrying amount of guarantees recorded in the consolidated balance sheet	0
Lease Obligations
Guarantor Obligations [Line Items]
Residual value of leased asset	119.3
Standby letters of credit
Guarantor Obligations [Line Items]
Lease guarantees	179.3
Carrying amount of guarantees recorded in the consolidated balance sheet	0
Commercial customer financing arrangements
Guarantor Obligations [Line Items]
Lease guarantees	104.3
Carrying amount of guarantees recorded in the consolidated balance sheet	$ 16.4

COMMITMENTS AND GUARANTEES - _2

COMMITMENTS AND GUARANTEES - Schedule of Total Lease Cost (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Commitments and Guarantees [Abstract]
Operating lease cost	$ 139.6	$ 144	$ 147.1
Short-term lease cost	33	31.2	27.6
Variable lease cost	8.3	11.2	5.9
Sublease income	(2.5)	(3.2)	(2.5)
Total lease cost	$ 178.4	$ 183.2	$ 178.1

COMMITMENTS AND GUARANTEES - _3

COMMITMENTS AND GUARANTEES - Schedule of Future Lease Obligations on Undiscounted Basis (Details) $ in Millions	Dec. 28, 2024 USD ($)
Commitments and Guarantees [Abstract]
Total	$ 564.5
2025	129.7
2026	110
2027	86.1
2028	68
2029	53.6
Thereafter	$ 117.1

COMMITMENTS AND GUARANTEES - _4

COMMITMENTS AND GUARANTEES - Schedule of Future Marketing Commitments (Details) - Marketing Commitments $ in Millions	Dec. 28, 2024 USD ($)
Guarantor Obligations [Line Items]
Total	$ 62.2
2025	34.8
2026	21.8
2027	5.6
2028	0
2029	0
Thereafter	$ 0

COMMITMENTS AND GUARANTEES - _5

COMMITMENTS AND GUARANTEES - Schedule of Unconditional Purchase Obligations Related to Supplier Agreement (Details) $ in Millions	Dec. 28, 2024 USD ($)
Commitments and Guarantees [Abstract]
Total	$ 160.5
2025	100.8
2026	29.1
2027	30.6
2028	0
2029	0
Thereafter	$ 0

COMMITMENTS AND GUARANTEES - _6

COMMITMENTS AND GUARANTEES - Schedule of Outstanding Obligations Under SCF Programs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023
Supplier Finance Program, Obligation [Roll Forward]
Balance, beginning of year	$ 528.1
Additions	2,111.5
Reductions for payments	(2,153.3)
Foreign currency translation and other	(2.7)
Balance, end of year	$ 483.6
Supplier finance program, obligation, statement of financial position	Accounts payable	Accounts payable

COMMITMENTS AND GUARANTEES - _7

COMMITMENTS AND GUARANTEES - Schedule of Financial Guarantees (Details) $ in Millions	12 Months Ended
	Dec. 28, 2024 USD ($)
Guarantor Obligations [Line Items]
Maximum Potential Payment	$ 361.8
Carrying Amount of Liability	16.4
Guarantees on the residual values of leased properties
Guarantor Obligations [Line Items]
Maximum Potential Payment	78.2
Carrying Amount of Liability	0
Standby letters of credit
Guarantor Obligations [Line Items]
Maximum Potential Payment	179.3
Carrying Amount of Liability	0
Commercial customer financing arrangements
Guarantor Obligations [Line Items]
Maximum Potential Payment	104.3
Carrying Amount of Liability	$ 16.4
Minimum | Guarantees on the residual values of leased properties
Guarantor Obligations [Line Items]
Term	3 years
Maximum | Guarantees on the residual values of leased properties
Guarantor Obligations [Line Items]
Term	9 years
Maximum | Standby letters of credit
Guarantor Obligations [Line Items]
Term	20 years
Maximum | Commercial customer financing arrangements
Guarantor Obligations [Line Items]
Term	10 years

COMMITMENTS AND GUARANTEES - _8

COMMITMENTS AND GUARANTEES - Schedule of Changes in Carrying Amount of Product Warranties (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Movement in Standard Product Warranty Accrual [Roll Forward]
Balance beginning of period	$ 136.7	$ 126.6	$ 134.5
Warranties and guarantees issued	180.3	171.3	155.3
Warranty payments and currency	(176.9)	(161.2)	(163.2)
Balance end of period	$ 140.1	$ 136.7	$ 126.6

CONTINGENCIES (Details)

CONTINGENCIES (Details) cubic_yard in Millions, $ in Millions

1 Months Ended

3 Months Ended

12 Months Ended

Jan. 19, 2024 USD ($)

Apr. 07, 2023 USD ($)

Mar. 02, 2023 company

Dec. 16, 2022 USD ($) company

Feb. 11, 2022 mi

Sep. 28, 2021 USD ($)

Dec. 04, 2020 USD ($)

Oct. 10, 2018 mi

Jun. 30, 2018 USD ($) municipality company mi

Mar. 30, 2017 mi

Sep. 30, 2016 mi

Mar. 31, 2016 company mi

Mar. 04, 2016 USD ($) cubic_yard mi

Apr. 11, 2014 mi

May 31, 2007 company mi

Jun. 29, 2024 USD ($)

Dec. 28, 2024 USD ($) site mi

Dec. 30, 2023 USD ($)

Commitments and Contingencies Disclosure [Line Items]

Penalty charge

$ 32

Superfund sites | site

23

Environmental loss contingency, statement of financial position, not disclosed

reserves

reserves

Reserve for environmental remediation costs, current

$ 51.4

$ 46

Environmental loss contingency, noncurrent, statement of financial position, not disclosed

long-term within Other liabilities,

Environmental remediation costs deemed probable and reasonable estimable

$ 150

$ 441

$ 1,400

Undiscounted environmental liability expected to be paid in 2025

$ 6.4

Undiscounted environmental liability expected to be paid in 2026

13.7

Undiscounted environmental liability expected to be paid in 2027

13

Undiscounted environmental liability expected to be paid in 2028

13

Undiscounted environmental liability expected to be paid in 2029

4.3

Undiscounted environmental liability expected to be paid thereafter

67.6

Reserve for environmental loss contingencies, EPA funded amount

$ 17.4

Environmental remediation, period construction of treatment facility to be maintained (in years)

30 years

Number of miles of river | mi

17

9

8.3

8.3

8.3

8.3

8.3

8.3

17

17

Cubic yards of settlement | cubic_yard

3.5

Approximate implementation time (in years)

6 years

Number of defendants | company

100

Estimated costs of remediation design

$ 165

Number of municipalities | municipality

42

Number of parties notified | company

105

Number of parties | company

40

85

Environmental exit costs anticipated cost (as percent)

99.40%

Estimated environmental remediation expense, statement of income or comprehensive income, extensible enumeration, not disclosed flag

remediation costs

Lower Passaic Cooperating Parties Group

Commitments and Contingencies Disclosure [Line Items]

Number of companies | company

47

YPF And Repsol

Commitments and Contingencies Disclosure [Line Items]

Litigation settlement, amount

$ 573

Lower Passaic Cooperating Parties Group | YPF And Repsol

Commitments and Contingencies Disclosure [Line Items]

Litigation settlement, amount awarded from other party

$ 9

Minimum

Commitments and Contingencies Disclosure [Line Items]

Environmental remediation costs deemed probable and reasonable estimable

$ 420

Environmental liability discount rate (as percent)

4.30%

Undiscounted environmental liability

$ 84.6

Maximum

Commitments and Contingencies Disclosure [Line Items]

Environmental remediation costs deemed probable and reasonable estimable

$ 468

Environmental liability discount rate (as percent)

4.70%

Undiscounted environmental liability

$ 118

Property, Plant and Equipment, Other Types

Commitments and Contingencies Disclosure [Line Items]

Environmental remediation costs, reserve

275.4

$ 124.5

Reserve for environmental remediation costs, current

51.4

Reserve for environmental remediation costs, noncurrent

224

Net cash obligations

258

Reserve for environmental loss contingencies, obligation after EPA funding

8

Estimated environmental remediation expense

25.2

Property, Plant and Equipment, Other Types | Minimum

Commitments and Contingencies Disclosure [Line Items]

Environmental remediation costs deemed probable and reasonable estimable

191.5

Property, Plant and Equipment, Other Types | Maximum

Commitments and Contingencies Disclosure [Line Items]

Environmental remediation costs deemed probable and reasonable estimable

408.1

Centredale Site

Commitments and Contingencies Disclosure [Line Items]

Environmental remediation costs deemed probable and reasonable estimable

$ 161.8

Increased reserve amount

$ 142.3

DIVESTITURES - Additional Infor

DIVESTITURES - Additional Information (Details) - USD ($) $ in Millions					3 Months Ended			12 Months Ended
	Apr. 01, 2024	Aug. 19, 2022	Jul. 22, 2022	Jul. 05, 2022	Mar. 30, 2024	Dec. 30, 2023	Jul. 02, 2022	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Asset impairment charges								$ 72.4	$ 274.8	$ 168.4
Pre-tax gain (loss) on business								0	10.8	8.4
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Infrastructure
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sales of businesses, net of cash sold	$ 760
Proceeds from sales of businesses, net of cash sold	$ 728.5
Discontinued Operations, Held-for-Sale | Infrastructure
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Asset impairment charges					$ 25.5	$ 150.8
Pre-tax gain (loss) on business								$ (9.6)	$ (52)	(54.3)
Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Asset impairment charges							$ 168.4
Discontinued Operations, Disposed of by Sale | Oil And Gas Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax gain (loss) on business		$ 8.6								$ 2.7
Discontinued Operations, Disposed of by Sale | Convergent Security Solutions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax gain (loss) on business			$ (584)
Agreement for divesture of interest in consolidated subsidiaries			$ 3,100
Discontinued Operations, Disposed of by Sale | Mechanical Access Solutions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sales of businesses, net of cash sold				$ 916
Pre-tax gain (loss) on business				$ (609)

DIVESTITURES - Schedule of Pre

DIVESTITURES - Schedule of Pre Tax Income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax income	$ 0	$ (10.8)	$ (8.4)
Discontinued Operations, Held-for-Sale | Infrastructure
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax income	$ 9.6	$ 52	$ 54.3

DIVESTITURES - Schedule of Carr

DIVESTITURES - Schedule of Carrying Amounts of Assets and Liabilities Aggregated in Assets and Liabilities Held for Sale (Details) - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash and cash equivalents	$ 0	$ 0.6
Total assets	$ 0	857.6
Discontinued Operations, Held-for-Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Intangibles, net		214.3
Discontinued Operations, Held-for-Sale | Infrastructure
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash and cash equivalents		0.6
Accounts and notes receivable, net		41.3
Inventories, net		96.5
Other current assets		2.4
Property, plant and equipment, net		70.4
Goodwill		389.7
Intangibles, net		214.3
Other assets		42.4
Total assets		857.6
Accounts payable and accrued expenses		44.1
Other long-term liabilities		84.8
Total liabilities		$ 128.9

DIVESTITURES - Schedule of Oper

DIVESTITURES - Schedule of Operating Results of Discontinued Operations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on sale of discontinued operations	$ 10.4	$ (14.3)	$ 1,197.4
Earnings (loss) from discontinued operations before income taxes	10.4	(14.3)	1,210.9
Income taxes on discontinued operations	2.4	14.5	318.5
Discontinued Operations, Disposed of by Sale | CSS and MAS
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net Sales	0	0
Cost of sales	0	0
Selling, general and administrative	0	0
Gain (loss) on sale of discontinued operations	10.4	(14.3)
Other, net and restructuring charges	0	0
Earnings (loss) from discontinued operations before income taxes	10.4	(14.3)
Income taxes on discontinued operations	2.4	14.5
Net earnings (loss) from discontinued operations	$ 8	$ (28.8)
Discontinued Operations, Held-for-Sale | CSS and MAS
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net Sales			1,056.3
Cost of sales			687.5
Selling, general and administrative			308
Gain (loss) on sale of discontinued operations			1,197.4
Other, net and restructuring charges			47.3
Earnings (loss) from discontinued operations before income taxes			1,210.9
Income taxes on discontinued operations			318.5
Net earnings (loss) from discontinued operations			$ 892.4

DIVESTITURES - Schedule of Sign

DIVESTITURES - Schedule of Significant Non-Cash Items and Capital Expenditures for Discontinued Operations Respect to CSS and MAS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Depreciation and amortization	$ 0	$ 0	$ 0.4
Discontinued Operations, Held-for-Sale | CSS and MAS
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Depreciation and amortization			0.4
Capital expenditures			6.3
Stock-based compensation			$ 17.5