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GOODWILL
3 Months Ended
Apr. 02, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL GOODWILL
Changes in the carrying amount of goodwill by segment are as follows:
(Millions of Dollars)Tools & OutdoorIndustrialTotal
Balance January 1, 2022$5,973.7 $2,617.0 $8,590.7 
Acquisitions40.1 — 40.1 
Foreign currency translation(25.8)(8.0)(33.8)
Balance April 2, 2022$5,988.0 $2,609.0 $8,597.0 
Goodwill totaling $2,073.8 million and $2,088.0 million was reclassified to assets held for sale as of April 2, 2022 and January 1, 2022, respectively.