Segment Information (Tables)

6 Months Ended

Jun. 27, 2025

Segment Reporting [Abstract]

Segment information

Segment related information is shown below ($ in millions):

	Three Months Ended June 27, 2025						Three Months Ended June 28, 2024
	Specialty Products & Technologies		Equipment & Consumables		Total		Specialty Products & Technologies		Equipment & Consumables		Total
Sales	$	445.1	$	237.0	$	682.1	$	415.1	$	218.0	$	633.1
Less:
Expenses	399.8		200.9		600.7		409.1		191.5		600.6
Segment operating profit	$	45.3	$	36.1	$	81.4	$	6.0	$	26.5	$	32.5
Segment operating profit and reconciliation to income (loss) before taxes:
Segment operating profit					$	81.4					$	32.5
Corporate and other					(35.1)						(1,185.8)
Nonoperating other income (expense), net					2.4						(1.1)
Interest expense, net					(8.0)						(11.7)
Income (loss) before taxes					$	40.7					$	(1,166.1)
Depreciation and amortization
Specialty Products & Technologies					$	22.0					$	22.5
Equipment & Consumables					7.4						10.9
Corporate and other					0.4						0.6
Total					$	29.8					$	34.0
Capital expenditures, gross
Specialty Products & Technologies					$	6.7					$	5.4
Equipment & Consumables					4.4						0.9
Corporate and other					(0.2)						0.8
Total					$	10.9					$	7.1

	Six Month Period Ended June 27, 2025						Six Month Period Ended June 28, 2024
	Specialty Products & Technologies		Equipment & Consumables		Total		Specialty Products & Technologies		Equipment & Consumables		Total
Sales	$	845.4	$	453.6	$	1,299.0	$	823.8	$	432.9	$	1,256.7
Less:
Expenses	762.5		385.6		1,148.1		773.6		370.8		1,144.4
Segment operating profit	$	82.9	$	68.0	$	150.9	$	50.2	$	62.1	$	112.3
Segment operating profit and reconciliation to income (loss) before taxes:
Segment operating profit					$	150.9					$	112.3
Corporate and other					(65.6)						(1,217.5)
Nonoperating other income (expense), net					1.7						(1.0)
Interest expense, net					(17.3)						(24.6)
Income (loss) before taxes					$	69.7					$	(1,130.8)
Depreciation and amortization
Specialty Products & Technologies					$	42.6					$	43.1
Equipment & Consumables					14.3						21.8
Corporate and other					0.8						1.2
Total					$	57.7					$	66.1
Capital expenditures, gross
Specialty Products & Technologies					$	10.4					$	11.8
Equipment & Consumables					7.9						4.6
Corporate and other					0.1						1.6
Total					$	18.4					$	18.0

Identifiable assets	June 27, 2025		December 31, 2024
Specialty Products & Technologies	$	2,492.3	$	2,354.2
Equipment & Consumables	2,018.1		1,884.2
Corporate and other	1,154.0		1,112.1
Total	$	5,664.4	$	5,350.5