XML 38 R27.htm IDEA: XBRL DOCUMENT v3.25.3
Segment Information (Tables)
9 Months Ended
Sep. 26, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
Segment results for the three months ended September 26, 2025 were as follows:
($ in millions)Mobility TechnologiesRepair SolutionsEnvironmental & Fueling SolutionsEliminationsTotal
Sales of products and services (a)
$253.1 $141.6 $357.8 $— $752.5 
Intersegment sales17.5 — — (17.5)— 
Total sales270.6 141.6 357.8 (17.5)752.5 
Operating costs and expenses:
Other segment items(220.5)(112.0)(253.4)17.5 (568.4)
Segment operating profit$50.1 $29.6 $104.4 $— $184.1 
(a) Repair Solutions includes interest income related to financing receivables of $18.6 million.
Segment results for the three months ended September 27, 2024 were as follows:
($ in millions)Mobility TechnologiesRepair SolutionsEnvironmental & Fueling SolutionsEliminationsTotal
Sales of products and services(a)
$248.0 $152.1 $349.9 $— $750.0 
Intersegment sales9.4 — — (9.4)— 
Total sales257.4 152.1 349.9 (9.4)750.0 
Operating costs and expenses:
Other segment items(210.8)(119.5)(246.9)9.4 (567.8)
Segment operating profit$46.6 $32.6 $103.0 $— $182.2 
(a) Repair Solutions includes interest income related to financing receivables of $19.2 million.
Segment results for the nine months ended September 26, 2025 were as follows:
($ in millions)Mobility TechnologiesRepair SolutionsEnvironmental & Fueling SolutionsEliminationsTotal
Sales of products and services (a)
$772.5 $445.4 $1,049.2 $— $2,267.1 
Intersegment sales48.8 — — (48.8)— 
Total sales821.3 445.4 1,049.2 (48.8)2,267.1 
Operating costs and expenses:
Other segment items(665.8)(351.2)(741.6)48.8 (1,709.8)
Segment operating profit$155.5 $94.2 $307.6 $— $557.3 
(a) Repair Solutions includes interest income related to financing receivables of $55.5 million.
Segment results for the nine months ended September 27, 2024 were as follows:
($ in millions)Mobility TechnologiesRepair SolutionsEnvironmental & Fueling SolutionsOtherEliminationsTotal
Sales of products and services(a)
$723.5 $485.3 $992.1 $1.3 $— $2,202.2 
Intersegment sales14.2 — — — (14.2)— 
Total sales737.7 485.3 992.1 1.3 (14.2)2,202.2 
Operating costs and expenses:
Other segment items(602.3)(375.9)(702.5)(1.7)14.2 (1,668.2)
Segment operating profit$135.4 $109.4 $289.6 $(0.4)$— $534.0 
(a) Repair Solutions includes interest income related to financing receivables of $57.7 million.
A reconciliation of segment operating profit to earnings before income taxes for the three and nine months ended September 26, 2025 and September 27, 2024 were as follows:
Three Months EndedNine Months Ended
($ in millions)September 26, 2025September 27, 2024September 26, 2025September 27, 2024
Segment operating profit$184.1 $182.2 $557.3 $534.0 
Corporate & other unallocated costs:
Amortization of acquisition-related intangible assets(18.3)(20.0)(57.1)(60.0)
Stock-based compensation expense(7.2)(7.9)(23.3)(25.3)
Restructuring and other related charges(1.1)(4.2)(8.0)(10.7)
Other unallocated income (expense)0.5 (0.1)(12.7)(4.0)
Corporate costs(26.3)(29.6)(79.7)(79.2)
Repair Solutions Capital Charge10.7 11.1 32.4 32.9 
Total corporate & other unallocated costs(41.7)(50.7)(148.4)(146.3)
Operating profit142.4 131.5 408.9 387.7 
Interest expense, net(14.8)(18.9)(45.5)(56.2)
Gain on sale of businesses3.4 — 3.4 37.2 
Other non-operating income (expense), net5.0 (0.3)1.0 (1.6)
Earnings before income taxes$136.0 $112.3 $367.8 $367.1 
Depreciation expense by segment for the three and nine months ended September 26, 2025 and September 27, 2024 were as follows:
Three Months EndedNine Months Ended
($ in millions)September 26, 2025September 27, 2024September 26, 2025September 27, 2024
Mobility Technologies$10.0 $9.2 $29.9 $25.6 
Repair Solutions0.5 0.7 1.8 1.9 
Environmental & Fueling Solutions2.0 1.8 5.9 5.8 
Corporate0.3 0.3 0.9 1.2 
Total$12.8 $12.0 $38.5 $34.5