DIVESTITURES |
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| Discontinued Operations and Disposal Groups [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DIVESTITURES | DIVESTITURES Consolidated Aerospace Manufacturing On April 6, 2026, the Company completed the sale of its CAM business and received proceeds of approximately $1.8 billion in cash and recognized a pre-tax gain of $276.7 million. The divestiture is part of the Company's strategic commitment to simplify and streamline its portfolio to focus on its core Tools & Outdoor and Engineered Fastening businesses. As of January 3, 2026, the assets and liabilities related to the CAM business were classified as held for sale on the Company's Condensed Consolidated Balance Sheets. This divestiture did not qualify for discontinued operations and therefore, its results are included in the Company's continuing operations within the Engineered Fastening segment through the date of sale. As part of the purchase and sale agreement, the Company is providing transition services relating to certain administrative functions for the purchaser primarily for a period of six months or less, pending integration of these functions into their pre-existing business processes. Following is the pre-tax income for this business for the three and six months ended July 4, 2026, and June 28, 2025:
The carrying amounts of the assets and liabilities that were aggregated in assets held for sale and liabilities held for sale as of January 3, 2026 are presented in the following table:
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