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RESTRUCTURING AND ASSET IMPAIRMENTS
 12 Months Ended
Dec. 28, 2019
Restructuring and Related Activities [Abstract]  
RESTRUCTURING AND ASSET IMPAIRMENTS RESTRUCTURING CHARGES
A summary of the restructuring reserve activity from December 29, 2018 to December 28, 2019 is as follows:
(Millions of Dollars)
December 29, 2018
 
Net
Additions
 
Usage
 
Currency
 
December 28, 2019
Severance and related costs
$
105.7

 
$
131.9

 
$
(97.4
)
 
$
0.1

 
$
140.3

Facility closures and asset impairments
3.1

 
22.2

 
(17.9
)
 
0.1

 
7.5

Total
$
108.8

 
$
154.1

 
$
(115.3
)
 
$
0.2

 
$
147.8


During 2019, the Company recognized net restructuring charges of $154.1 million, primarily related to severance costs associated with a cost reduction program announced in the third quarter of 2019. Current and expected actions of the program include headcount reductions across the Company as well as footprint rationalization opportunities.
The majority of the $147.8 million of reserves remaining as of December 28, 2019 is expected to be utilized within the next 12 months.

Segments: The $154 million of net restructuring charges for the year ended December 28, 2019 includes: $63 million pertaining to the Tools & Storage segment; $27 million pertaining to the Industrial segment; $18 million pertaining to the Security segment; and $46 million pertaining to Corporate.