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Segment Information
 3 Months Ended
Mar. 29, 2024
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
The Company operates and reports its results in two separate business segments, the Specialty Products & Technologies and Equipment & Consumables segments. When determining the reportable segments, the Company aggregated operating segments based on their similar economic and operating characteristics. Operating profit represents total revenues less operating expenses, excluding nonoperating income (expense), interest expense and income taxes. Operating profit amounts in the Other segment consist of unallocated corporate costs and other costs not considered part of management’s evaluation of reportable segment operating performance. The identifiable assets by segment are those used in each segment’s operations. Inter-segment amounts are not significant and are eliminated to arrive at consolidated totals.

The Company’s Specialty Products & Technologies products primarily include implants, regenerative products, prosthetics, orthodontic brackets, aligners and lab products. The Company’s Equipment & Consumables products primarily include traditional consumables such as bonding agents and cements, impression materials, infection prevention products and restorative products, while the Company’s equipment products primarily include digital imaging systems, software and other visualization and magnification systems.
Segment related information is shown below ($ in millions):
Three Months Ended
March 29, 2024March 31, 2023
Sales:
Specialty Products & Technologies$408.7 $410.0 
Equipment & Consumables214.9 217.2 
Total$623.6 $627.2 
Operating profit and reconciliation to income before taxes:
Specialty Products & Technologies$44.2 $71.1 
Equipment & Consumables35.6 32.5 
Other(31.7)(31.5)
Operating profit48.1 72.1 
Nonoperating income (expense):
   Other income, net0.1 0.3 
   Interest expense, net(12.9)(16.7)
Income before taxes $35.3 $55.7 
Identifiable assets:March 29, 2024December 31, 2023
Specialty Products & Technologies$3,276.1 $3,277.7 
Equipment & Consumables2,282.2 2,338.6 
Other998.0 988.8 
Total$6,556.3 $6,605.1