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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 02, 2021
Sep. 26, 2020
Oct. 02, 2021
Sep. 26, 2020
Income Statement [Abstract]        
Net Sales [1] $ 4,263.2 $ 3,850.2 $ 12,761.2 $ 10,127.0
Costs and Expenses        
Cost of sales [1] 2,871.7 2,473.9 8,261.8 6,714.9
Selling, general and administrative [1] 895.2 731.3 2,645.1 2,182.1
Provision for credit losses [1] 3.6 7.6 8.2 37.3
Other, net [1] 39.5 74.3 152.3 236.1
Loss on sales of businesses [1] 0.0 0.0 3.6 0.0
Restructuring charges [1] 5.8 42.8 22.1 74.6
Interest expense [1] 45.8 52.7 139.8 169.7
Interest income [1] (2.3) (2.0) (7.9) (14.6)
Costs and Expenses [1] 3,859.3 3,380.6 11,225.0 9,400.1
Earnings before income taxes and equity interest [1] 403.9 469.6 1,536.2 726.9
Income tax expense (benefit) [1] (0.4) 78.4 192.8 (26.0)
Net earnings before equity interest [1] 404.3 391.2 1,343.4 752.9
Share of net earnings of equity method investment [1] 9.8 4.0 16.0 14.1
Net earnings [1] 414.1 395.2 1,359.4 767.0
Less: Net (losses) earnings attributable to non-controlling interests [1] (0.1) 0.3 (1.7) 0.5
Net earnings attributable to Stanley Black & Decker, Inc. [1] 414.2 394.9 1,361.1 766.5
Less: Preferred stock dividends and beneficial conversion feature [1] 0.0 9.4 14.2 14.8
Net Earnings Attributable to Common Shareowners [1] 414.2 385.5 1,346.9 751.7
Add: Contract adjustment payments accretion [1] 0.4 0.1 0.9 1.5
Net Earnings Attributable to Common Shareowners - Diluted [1] 414.6 385.6 1,347.8 753.2
Total Comprehensive Income Attributable to Common Shareowners [1] $ 326.4 $ 465.0 $ 1,185.8 $ 675.2
Earnings per share of common stock:        
Basic (in dollars per share) [1] $ 2.60 $ 2.47 $ 8.50 $ 4.90
Diluted (in dollar per share) [1] 2.51 2.37 8.17 4.65
Dividends per share of common stock (in dollars per share) [1] $ 0.79 $ 0.70 $ 2.19 $ 2.08
Weighted Average Shares Outstanding:        
Basic (in shares) [1] 159,444,000 156,370,000 158,494,000 153,345,000
Diluted (in shares) [1] 165,336,000 162,675,000 164,900,000 162,098,000
[1] See Note A, Significant Accounting Policies - Restatement, for discussion regarding the impacts of the Restatement.