BUSINESS SEGMENTS AND GEOGRAPHIC AREAS (Tables)

6 Months Ended

Jun. 28, 2025

Segment Reporting [Abstract]

Schedule of Net Sales and Segment Profit

(Millions of Dollars)	Second Quarter 2025
	Tools & Outdoor		Engineered Fastening		Total
Net Sales	$	3,461.4	$	483.8	$	3,945.2
Cost of sales	2,525.9		350.6
Selling, general and administrative	697.4		98.2
Segment Profit	$	238.1	$	35.0	$	273.1
Corporate overhead					(79.7)
Other, net					(67.7)
Restructuring charges					(18.8)
Interest income					48.9
Interest expense					(129.1)
Earnings from continuing operations before income taxes					$	26.7

(Millions of Dollars)	Year-to-Date 2025
	Tools & Outdoor		Engineered Fastening		Total
Net Sales	$	6,742.3	$	947.5	$	7,689.8
Cost of sales	4,816.4		684.0
Selling, general and administrative	1,398.6		189.5
Segment Profit	$	527.3	$	74.0	$	601.3
Corporate overhead					(154.1)
Other, net					(115.2)
Loss on sale of business					(0.3)
Restructuring charges					(20.0)
Interest income					98.1
Interest expense					(255.5)
Earnings from continuing operations before income taxes					$	154.3

(Millions of Dollars)	Second Quarter 2024
	Tools & Outdoor		Engineered Fastening		Total
Net Sales	$	3,528.7	$	495.7	$	4,024.4
Cost of sales	2,531.8		351.0
Selling, general and administrative	680.8		77.9
Segment Profit	$	316.1	$	66.8	$	382.9
Corporate overhead					(70.3)
Other, net					(226.5)
Restructuring charges					(29.8)
Interest income					42.9
Interest expense					(121.3)
Loss from continuing operations before income taxes					$	(22.1)

(Millions of Dollars)	Year-to-Date 2024
	Tools & Outdoor		Engineered Fastening		Total
Net Sales	$	6,813.3	$	1,080.6	$	7,893.9
Cost of sales	4,874.7		769.9
Selling, general and administrative	1,366.8		178.7
Segment Profit	$	571.8	$	132.0	$	703.8
Corporate overhead					(134.5)
Other, net					(306.5)
Asset impairment charge					(25.5)
Restructuring charges					(44.8)
Interest income					86.5
Interest expense					(252.8)
Earnings from continuing operations before income taxes					$	26.2

(Millions of Dollars)	Second Quarter				Year-to-Date
	2025		2024		2025		2024
Capital and Software Expenditures
Tools & Outdoor	$	64.6	$	76.8	$	120.7	$	132.9
Engineered Fastening	15.0		10.4		23.9		20.0
Consolidated	$	79.6	$	87.2	$	144.6	$	152.9
Depreciation and Amortization
Tools & Outdoor	$	100.2	$	120.7	$	199.0	$	227.7
Engineered Fastening	29.9		34.3		59.5		67.5
Consolidated	$	130.1	$	155.0	$	258.5	$	295.2

(Millions of Dollars)	June 28, 2025		December 28, 2024
Segment Assets
Tools & Outdoor	$	18,812.6	$	18,135.8
Engineered Fastening	4,009.7		3,962.9
	22,822.3		22,098.7
Corporate assets	(329.7)		(249.8)
Consolidated	$	22,492.6	$	21,848.9

Schedule of Net Sales by Geographic Area

The following table is a summary of net sales by geographic area for the three and six months ended June 28, 2025 and June 29, 2024:

(Millions of Dollars)	Second Quarter				Year-to-Date
	2025		2024		2025		2024
United States	$	2,430.4	$	2,514.1	$	4,757.7	$	4,871.4
Canada	172.9		189.7		371.0		405.6
Other Americas	211.9		225.8		391.1		435.3
Europe	829.5		799.9		1,581.5		1,588.6
Asia	300.5		294.9		588.5		593.0
Consolidated	$	3,945.2	$	4,024.4	$	7,689.8	$	7,893.9