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INVENTORIES
 12 Months Ended
Dec. 28, 2019
Inventory Disclosure [Abstract]  
INVENTORIES  INVENTORIES
(Millions of Dollars)
2019
 
2018
Finished products
$
1,526.0

 
$
1,707.4

Work in process
162.0

 
150.8

Raw materials
567.0

 
515.3

Total
$
2,255.0

 
$
2,373.5


Net inventories in the amount of $1.1 billion at December 28, 2019 and $1.2 billion at December 29, 2018 were valued at the lower of LIFO cost or market. If the LIFO method had not been used, inventories would have been higher than reported by $78.1 million at December 28, 2019 and $44.6 million at December 29, 2018.