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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
Income Statement [Abstract]        
Net Sales $ 3,147.4 $ 3,761.3 $ 6,276.8 $ 7,094.9
Costs and Expenses        
Cost of sales 2,134.7 2,461.5 4,241.0 4,689.5
Selling, general and administrative 713.0 776.2 1,450.8 1,536.8
Provision for credit losses 19.0 6.1 29.7 24.4
Other, net 86.9 62.2 161.8 127.6
Gain on sale of business 0.0 (17.2) 0.0 (17.2)
Restructuring charges 27.9 8.5 31.8 17.2
Interest expense 57.3 72.4 117.0 146.8
Interest income (2.5) (12.1) (12.6) (28.7)
Costs and Expenses 3,036.3 3,357.6 6,019.5 6,496.4
Earnings before income taxes and equity interest 111.1 403.7 257.3 598.5
Income tax (benefit) expense (117.3) 51.6 (104.4) 76.3
Net earnings before equity interest 228.4 352.1 361.7 522.2
Share of net earnings of equity method investment 10.3 5.3 10.1 5.6
Net earnings 238.7 357.4 371.8 527.8
Less: Net earnings attributable to non-controlling interests 0.3 1.1 0.2 1.6
Net earnings attributable to Stanley Black & Decker, Inc. 238.4 356.3 371.6 526.2
Less: Preferred stock dividends 4.7      
Net Earnings Attributable to Common Shareowners 233.7 356.3 366.9 526.2
Total Comprehensive Income Attributable to Common Shareowners $ 336.5 $ 355.6 $ 210.9 $ 526.5
Earnings per share of common stock:        
Basic (in shares) $ 1.52 $ 2.41 $ 2.41 $ 3.56
Diluted (in shares) 1.52 2.37 2.39 3.50
Dividends per share of common stock (in dollars per share) $ 0.69 $ 0.66 $ 1.38 $ 1.32
Weighted Average Shares Outstanding (in thousands):        
Basic (in shares) 153,330 148,099 152,011 147,982
Diluted (in shares) 154,154 150,358 153,290 150,139
Preferred Stock Dividends, Income Statement Impact $ 4.7 $ 0.0 $ 4.7 $ 0.0