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SEGMENT INFORMATION
9 Months Ended
Sep. 29, 2023
Segment Reporting [Abstract]  
SEGMENT INFORMATION
NOTE 11. SEGMENT INFORMATION
We report our results in three separate business segments consisting of Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. Our chief operating decision maker (“CODM”) assesses performance and allocates resources based on our operating segments, which are also our reportable segments.
Our Intelligent Operating Solutions segment provides advanced instrumentation, software and services to tens of thousands of customers enabling their mission-critical workflows. These offerings include electrical test & measurement, facility and asset lifecycle software applications, connected worker safety and compliance solutions across a range of vertical end markets, including manufacturing, process industries, healthcare, utilities and power, communications and electronics, among others.
Our Precision Technologies segment helps solve tough technical challenges to speed breakthroughs in a wide range of applications, from food and beverage production and manufacturing to next-generation electric vehicles and clean energy, as our customers seek new test solutions to enable the electrification and connectivity of everything. Our expertise in materials, methods and measurements are reflected in our electrical test & measurement, sensing and material technologies offered to a broad set of customers and vertical end markets, including industrial, power and energy, automotive, medical equipment, food and beverage, aerospace and defense, semiconductor, and other general industries.
Our Advanced Healthcare Solutions segment supplies critical workflow solutions enabling healthcare providers to deliver exceptional patient care more efficiently. Our offerings include instrument sterilization solutions, instrument tracking, cell therapy equipment design and manufacturing, biomedical test tools, radiation detection and safety monitoring, and end-to-end clinical productivity software and solutions. Our healthcare offerings help ensure critical safety standards are met, instruments and operating rooms are working at peak performance, and complex procedures are followed accurately in these mission-critical healthcare environments.
Our segment results are as follows ($ in millions):
 Three Months EndedNine Months Ended
 September 29, 2023September 30, 2022September 29, 2023September 30, 2022
Sales:
Intelligent Operating Solutions$644.3 $613.7 $1,929.5 $1,831.4 
Precision Technologies530.6 523.7 1,583.5 1,485.2 
Advanced Healthcare Solutions319.6 318.6 968.6 979.2 
Total$1,494.5 $1,456.0 $4,481.6 $4,295.8 
Operating Profit:
Intelligent Operating Solutions$156.8 $132.1 $452.0 $369.0 
Precision Technologies139.3 131.8 398.3 348.5 
Advanced Healthcare Solutions26.6 17.3 68.8 73.4 
Other(31.6)(28.2)(96.3)(77.1)
Russia exit and wind down costs— (1.1)— (17.3)
Total Operating Profit291.1 251.9 822.8 696.5 
Interest expense, net(29.8)(26.4)(95.0)(66.2)
Other non-operating expense, net(4.2)(8.0)(14.5)(13.8)
Earnings before income taxes$257.1 $217.5 $713.3 $616.5