SEGMENT INFORMATION (Tables)

3 Months Ended

6 Months Ended

Jul. 02, 2022

Jul. 02, 2022

Segment Reporting [Abstract]

Reconciliation of Segment to Consolidated Results Table

	Revenue				Operating Income				Operating Margin
For the Three Months Ended	July 2, 2022		July 3, 2021		July 2, 2022		July 3, 2021		July 2, 2022		July 3, 2021
Motion Technologies	$	331.3	$	343.6	$	47.0	$	64.7	14.2	%	18.8	%
Industrial Process	239.6		213.9		39.1		31.5		16.3	%	14.7	%
Connect & Control Technologies	163.2		134.5		28.2		17.9		17.3	%	13.3	%
Eliminations	(0.8)		(0.4)		—		—		—		—
Total segment results	733.3		691.6		114.3		114.1		15.6	%	16.5	%
Asbestos-related benefit, net(a)	—		—		—		76.8		—		—
Other Corporate costs	—		—		(13.8)		(11.3)		—		—
Total Corporate and other costs	—		—		(13.8)		65.5		—		—
Total	$	733.3	$	691.6	$	100.5	$	179.6	13.7	%	26.0	%

	Revenue				Operating Income				Operating Margin
For the Six Months Ended	July 2, 2022		July 3, 2021		July 2, 2022		July 3, 2021		July 2, 2022		July 3, 2021
Motion Technologies	$	701.4	$	712.7	$	106.7	$	140.7	15.2	%	19.7	%
Industrial Process	441.8		416.2		59.5		62.5		13.5	%	15.0	%
Connect & Control Technologies	317.8		261.8		53.9		29.7		17.0	%	11.3	%
Eliminations	(1.5)		(0.7)		—		—		—		—
Total segment results	1,459.5		1,390.0		220.1		232.9		15.1	%	16.8	%
Asbestos-related benefit, net(a)	—		—		—		74.4		—		—
Other Corporate costs	—		—		(25.0)		(17.8)		—		—
Total Corporate and other costs	—		—		(25.0)		56.6		—		—
Total	$	1,459.5	$	1,390.0	$	195.1	$	289.5	13.4	%	20.8	%

(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 17, Commitments and Contingencies, for further information.

Schedule of Segment Reporting Information

The following table presents our total assets, capital expenditures, and depreciation & amortization expense for each segment.

As of and for the Six Months Ended	Total Assets				Capital Expenditures				Depreciation & Amortization
	July 2, 2022		December 31, 2021		July 2, 2022		July 3, 2021		July 2, 2022		July 3, 2021
Motion Technologies	$	1,311.3	$	1,272.8	$	34.7	$	27.8	$	31.0	$	31.8
Industrial Process	1,215.3		1,030.0		4.9		2.7		12.6		11.1
Connect & Control Technologies	725.2		719.3		4.2		3.9		9.7		11.3
Corporate and Other	448.1		543.3		3.7		0.7		2.0		3.0
Total	$	3,699.9	$	3,565.4	$	47.5	$	35.1	$	55.3	$	57.2