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Restructuring Charges
 9 Months Ended
Sep. 28, 2019
Notes To Financial Statements [Abstract]  
Restructuring Charges RESTRUCTURING CHARGES
A summary of the restructuring reserve activity from December 29, 2018 to September 28, 2019 is as follows: 
(Millions of Dollars)
December 29,
2018
 
Net Additions
 
Usage
 
Currency
 
September 28,
2019
Severance and related costs
$
105.7

 
$
83.9

 
$
(62.1
)
 
$
(1.2
)
 
$
126.3

Facility closures and asset impairments
3.1

 
7.3

 
(8.2
)
 
(0.1
)
 
2.1

Total
$
108.8

 
$
91.2


$
(70.3
)
 
$
(1.3
)
 
$
128.4


For the three and nine months ended September 28, 2019, the Company recognized net restructuring charges of $74.0 million and $91.2 million, respectively, primarily related to severance costs associated with a recently announced cost reduction program that is expected to extend through the end of the fiscal year. Current and expected actions of the program include headcount reductions across the Company as well as footprint rationalization opportunities.
 
The majority of the $128.4 million of reserves remaining as of September 28, 2019 is expected to be utilized within the next 12 months.

Segments: The $91 million of net restructuring charges for the nine months ended September 28, 2019 includes: $37 million pertaining to the Tools & Storage segment; $25 million pertaining to the Industrial segment; $15 million pertaining to the Security segment; and $14 million pertaining to Corporate.

The $74 million of net restructuring charges for the three months ended September 28, 2019 includes: $34 million pertaining to the Tools & Storage segment; $19 million pertaining to the Industrial segment; $10 million pertaining to the Security segment; and $11 million pertaining to Corporate.