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Business Segments (Tables)
9 Months Ended
Oct. 01, 2016
Business Segments
 
Third Quarter
 
Year-to-Date
(Millions of Dollars)
2016
 
2015
 
2016
 
2015
NET SALES
 
 
 
 
 
 
 
Tools & Storage
$
1,896.9

 
$
1,838.2

 
$
5,535.4

 
$
5,309.8

Security
522.7

 
512.0

 
1,564.6

 
1,554.9

Industrial
462.4

 
479.3

 
1,386.5

 
1,461.7

Total
$
2,882.0

 
$
2,829.5

 
$
8,486.5

 
$
8,326.4

SEGMENT PROFIT
 
 
 
 
 
 
 
Tools & Storage
$
330.0

 
$
307.8

 
$
954.5

 
$
866.2

Security
71.4

 
60.8

 
199.3

 
170.8

Industrial
80.4

 
85.4

 
235.2

 
254.4

Segment profit
481.8

 
454.0

 
1,389.0

 
1,291.4

Corporate overhead
(43.1
)
 
(35.3
)
 
(138.5
)
 
(109.4
)
Other, net
(56.8
)
 
(54.0
)
 
(150.6
)
 
(168.2
)
Restructuring charges
(9.1
)
 
(14.0
)
 
(27.3
)
 
(43.9
)
Interest expense
(50.2
)
 
(45.2
)
 
(145.2
)
 
(135.8
)
Interest income
5.1

 
3.6

 
16.4

 
10.3

Earnings from continuing operations before income taxes
$
327.7

 
$
309.1

 
$
943.8

 
$
844.4

Summary of Total Assets by Segment
he following table is a summary of total assets by segment as of October 1, 2016 and January 2, 2016:
(Millions of Dollars)
October 1,
2016
 
January 2,
2016
Tools & Storage
$
8,922.0

 
$
8,492.9

Security
3,802.1

 
3,741.6

Industrial
3,501.9

 
3,438.7

 
16,226.0

 
15,673.2

Corporate assets
(505.3
)
 
(545.4
)
Consolidated
$
15,720.7

 
$
15,127.8