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GOODWILL (Tables)
9 Months Ended
Oct. 01, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill by Segment
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 
Acquisitions46.8 — 46.8 
Foreign currency translation & other(212.3)(70.6)(282.9)
Balance October 1, 2022$5,808.2 $2,546.4 $8,354.6