INVESTMENTS IN EQUITY INVESTEES (Tables)

12 Months Ended

Dec. 31, 2024

Equity Method Investments and Joint Ventures [Abstract]

Summary of Equity Investees

Investments and advances related to equity method investees and our ownership percentages were as follows:

			December 31,
In millions	Ownership Percentage		2024		2023
Shanghai Fleetguard Filter Co. Ltd.	50.0	%	$	24.3	$	24.9
Fleetguard Filters Pvt. Ltd.	49.5	%	58.5		58.0
Filtrum Fibretechnologies Pvt. Ltd.	49.7	%	2.1		1.9
Investments and advances related to equity method investees			$	84.9	$	84.8

Equity, royalty and interest income from investees, net of applicable taxes, was as follows:

	Years ended December 31,
In millions	2024		2023		2022
Shanghai Fleetguard Filter Co. Ltd	$	5.9	$	5.9	$	5.3
Fleetguard Filters Pvt. Ltd.	21.8		21.5		17.1
Filtrum Fibretechnologies Pvt. Ltd	0.4		0.2		0.3
Atmus share of net income	$	28.1	$	27.6	$	22.7
Royalty and interest income	6.2		6.0		5.3
Equity, royalty and interest income from investees	$	34.3	$	33.6	$	28.0

Summary financial information for our equity investees was as follows:

	Years ended December 31,
In millions	2024		2023		2022
Net sales	$	456.7	$	435.2	$	392.5
Gross margin	183.0		170.0		136.3
Net income	57.4		56.2		38.4
Atmus share of net income	28.1		27.6		22.7
Royalty and interest income	6.2		6.0		5.3
Total equity, royalty and interest income from investees	34.3		33.6		28.0
Current assets	173.8		182.5		157.9
Non-current assets	89.6		87.4		82.0
Current liabilities	(85.8)		(89.1)		(75.9)
Non-current liabilities	(5.3)		(4.7)		(7.3)
Net assets	172.3		176.1		156.7
Atmus share of net assets	$	84.9	$	85.7	$	78.9