v3.26.1
Inventories
 6 Months Ended
Jul. 04, 2026
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories by major classification are as follows:
(Amounts in millions)July 4,
2026		January 3, 2026
Finished goods$924.0 $902.7 
Work in progress79.7 75.5 
Raw materials170.1 173.7 
Total FIFO value1,173.8 1,151.9 
Excess of current cost over LIFO cost(128.5)(126.7)
Total inventories – net$1,045.3 $1,025.2 

Inventories accounted for using the first-in, first-out (“FIFO”) method approximated 62% of total inventories for both periods ended July 4, 2026, and January 3, 2026. The company accounts for its non-U.S. inventory on the FIFO method. As of July 4, 2026, approximately 40% of the company’s U.S. inventory was accounted for using the FIFO method and 60% was accounted for using the last-in, first-out (“LIFO”) method. There were no LIFO inventory liquidations in the three and six month periods ended July 4, 2026, and June 28, 2025.