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Business Segments (Tables)
 6 Months Ended
Jun. 29, 2019
Notes To Financial Statements [Abstract]  
Business Segments
 
Second Quarter
 
Year-to-Date
(Millions of Dollars)
2019
 
2018
 
2019
 
2018
NET SALES

 

 
 
 
 
Tools & Storage
$
2,626.0

 
$
2,567.8

 
$
4,918.3

 
$
4,783.6

Industrial
649.9

 
573.1

 
1,204.9

 
1,077.3

Security
485.4

 
502.7

 
971.7

 
992.0

Total
$
3,761.3

 
$
3,643.6

 
$
7,094.9

 
$
6,852.9

SEGMENT PROFIT

 

 
 
 
 
Tools & Storage
$
440.0

 
$
398.6

 
$
705.8

 
$
700.0

Industrial
95.1

 
85.5

 
166.1

 
166.0

Security
38.0

 
48.1

 
77.5

 
93.6

Segment profit
573.1

 
532.2

 
949.4

 
959.6

Corporate overhead
(55.6
)
 
(50.9
)
 
(105.2
)
 
(98.2
)
Other, net
(62.2
)
 
(119.3
)
 
(127.6
)
 
(177.3
)
Gain (loss) on sales of businesses
17.2

 
(0.8
)
 
17.2

 
(0.8
)
Restructuring charges
(8.5
)
 
(13.4
)
 
(17.2
)
 
(36.3
)
Interest expense
(72.4
)
 
(69.0
)
 
(146.8
)
 
(132.2
)
Interest income
12.1

 
15.6

 
28.7

 
31.4

Earnings before income taxes and equity interest
$
403.7

 
$
294.4

 
$
598.5

 
$
546.2
Summary of Total Assets by Segment
The following table is a summary of total assets by segment as of June 29, 2019 and December 29, 2018:
(Millions of Dollars)
June 29, 2019
 
December 29, 2018
Tools & Storage
$
14,081.0

 
$
13,122.6

Industrial
4,537.7

 
3,620.5

Security
3,440.0

 
3,413.6

 
22,058.7

 
20,156.7

Corporate assets
(535.1
)
 
(748.7
)
Consolidated
$
21,523.6

 
$
19,408.0