XML 68 R11.htm IDEA: XBRL DOCUMENT v3.3.0.814
Other Financial Information
 9 Months Ended
Oct. 03, 2015
Balance Sheet Related Disclosures [Abstract]  
Other Financial Information
OTHER FINANCIAL INFORMATION
Inventories
The approximate percentage distribution between major classes of inventories was as follows:
 
October 3,
2015
 
January 3,
2015
Raw Material and Work in Process
47%
 
45%
Finished Goods and Purchased Parts
53%
 
55%


Inventories are stated at cost, which is not in excess of market. Cost for approximately 45% of the Company's inventory at October 3, 2015, and 52% at January 3, 2015 was determined using the LIFO method.
Property, Plant and Equipment
Property, plant, and equipment by major classification was as follows (dollars in millions):
 
Useful Life in Years
 
October 3,
2015
 
January 3,
2015
Land and Improvements
 
 
$
84.5

 
$
68.8

Buildings and Improvements
3 - 50
 
286.4

 
235.4

Machinery and Equipment
3 - 15
 
939.8

 
812.1

Property, Plant and Equipment
 
 
1,310.7

 
1,116.3

Less: Accumulated Depreciation
 
 
(615.9
)
 
(584.8
)
Net Property, Plant and Equipment
 
 
$
694.8

 
$
531.5