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SUMMARIZED FINANCIAL INFORMATION OF ANIXTER INC.
 12 Months Ended
Jan. 03, 2020
Text Block [Abstract]  
SUMMARIZED FINANCIAL INFORMATION OF ANIXTER INC. SUMMARIZED FINANCIAL INFORMATION OF ANIXTER INC.
Anixter International Inc. guarantees, fully and unconditionally, substantially all of the debt of its subsidiaries, which include Anixter Inc., its 100% owned primary operating subsidiary. Anixter International Inc. has no independent assets or operations and all subsidiaries other than Anixter Inc. are minor. The following summarizes the financial information for Anixter Inc.:
ANIXTER INC.
CONDENSED CONSOLIDATED BALANCE SHEETS

(In millions)January 3,
2020		December 28,
2018
Assets:
Current assets$3,035.3  $3,171.6  
Property and equipment, net179.5  169.1  
Operating leases265.1  —  
Goodwill828.7  832.0  
Intangible assets, net361.2  392.9  
Other assets132.9  92.9  
$4,802.7  $4,658.5  
Liabilities and Stockholder's Equity:
Current liabilities$1,492.8  $1,630.3  
Long-term debt1,065.9  1,260.7  
Operating lease obligations213.0  —  
Other liabilities172.6  199.6  
Stockholder’s equity1,858.4  1,567.9  
$4,802.7  $4,658.5  
ANIXTER INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
 
Years Ended
 (In millions)
January 3,
2020		December 28,
2018		December 29,
2017
Net sales$8,845.6  $8,400.2  $7,927.4  
Operating income$374.9  $316.4  $319.4  
Income before income taxes$300.1  $229.1  $243.2  
Net income$268.1  $160.9  $112.6  
Comprehensive income$277.9  $101.8  $153.2