SEGMENT INFORMATION (Tables)

3 Months Ended

6 Months Ended

Jul. 03, 2021

Jul. 03, 2021

Segment Reporting [Abstract]

Reconciliation of Segment to Consolidated Results Table

	Revenue				Operating Income				Operating Margin
For the Three Months Ended	July 3, 2021		June 27, 2020		July 3, 2021		June 27, 2020		July 3, 2021		June 27, 2020
Motion Technologies	$	343.6	$	199.3	$	64.7	$	10.4	18.8	%	5.2	%
Industrial Process	213.9		193.3		31.5		18.5		14.7	%	9.6	%
Connect & Control Technologies	134.5		122.9		17.9		8.4		13.3	%	6.8	%
Eliminations	(0.4)		(0.8)		—		—		—		—
Total segment results	691.6		514.7		114.1		37.3		16.5	%	7.2	%
Asbestos-related benefit (costs), net(a)	—		—		76.8		(16.0)		—		—
Other Corporate costs	—		—		(11.3)		(0.8)		—		—
Total Corporate and other benefit (costs)	—		—		65.5		(16.8)		—		—
Total	$	691.6	$	514.7	$	179.6	$	20.5	26.0	%	4.0	%

(a)The 2021 period includes a pre-tax gain of $88.8 resulting from the divestiture of the entity holding asbestos-related assets and liabilities. See Note 19, Commitments and Contingencies, for further information.

	Revenue				Operating Income				Operating Margin
For the Six Months Ended	July 3, 2021		June 27, 2020		July 3, 2021		June 27, 2020		July 3, 2021		June 27, 2020
Motion Technologies	$	712.7	$	497.2	$	140.7	$	63.5	19.7	%	12.8	%
Industrial Process	416.2		420.6		62.5		27.4		15.0	%	6.5	%
Connect & Control Technologies	261.8		261.6		29.7		24.3		11.3	%	9.3	%
Eliminations	(0.7)		(1.4)		—		—		—		—
Total segment results	1,390.0		1,178.0		232.9		115.2		16.8	%	9.8	%
Asbestos-related benefit, net(a)	—		—		74.4		24.7		—		—
Other Corporate costs					(17.8)		(10.1)		—		—
Total Corporate and other benefit	—		—		56.6		14.6		—		—
Total	$	1,390.0	$	1,178.0	$	289.5	$	129.8	20.8	%	11.0	%

(a)The 2021 period includes a pre-tax gain of $88.8 resulting from the divestiture of the entity holding asbestos-related assets and liabilities. See Note 19, Commitments and Contingencies, for further information.

Schedule of Segment Reporting Information

As of and for the Six Months Ended	Total Assets				Capital Expenditures				Depreciation & Amortization
	July 3, 2021		December 31, 2020		July 3, 2021		June 27, 2020		July 3, 2021		June 27, 2020
Motion Technologies	$	1,284.7	$	1,202.3	$	27.8	$	22.9	$	31.8	$	29.2
Industrial Process	1,013.5		1,069.6		2.7		4.4		11.1		12.3
Connect & Control Technologies	717.1		720.5		3.9		6.2		11.3		11.7
Corporate(b)	447.0		1,285.2		0.7		0.8		3.0		1.3
Total	$	3,462.3	$	4,277.6	$	35.1	$	34.3	$	57.2	$	54.5

(b)The decrease in Corporate total assets as of July 3, 2021 is due to the divestiture of the entity holding asbestos-related assets and liabilities and the cash contribution to fund the divestiture. See Note 19, Commitments and Contingencies, for further information.