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SEGMENT INFORMATION (Tables)
3 Months Ended 9 Months Ended
Oct. 01, 2022
Oct. 01, 2022
Segment Reporting [Abstract]    
Reconciliation of Segment to Consolidated Results Table
 RevenueOperating IncomeOperating Margin
For the Three Months EndedOctober 1, 2022October 2, 2021October 1, 2022October 2, 2021October 1, 2022October 2, 2021
Motion Technologies$342.2 $332.3 $54.0 $53.6 15.8 %16.1 %
Industrial Process248.5 210.7 48.1 32.4 19.4 %15.4 %
Connect & Control Technologies163.2 147.1 30.3 25.2 18.6 %17.1 %
Eliminations(0.3)(0.5) —  — 
Total segment results753.6 689.6 132.4 111.2 17.6 %16.1 %
Corporate and Other costs — (10.4)(9.5) — 
Total$753.6 $689.6 $122.0 $101.7 16.2 %14.7 %
 RevenueOperating IncomeOperating Margin
For the Nine Months Ended
October 1, 2022October 2, 2021October 1, 2022October 2, 2021October 1, 2022October 2, 2021
Motion Technologies$1,043.6 $1,045.0 $160.7 $194.3 15.4 %18.6 %
Industrial Process690.3 626.9 107.6 94.9 15.6 %15.1 %
Connect & Control Technologies481.0 408.9 84.2 54.9 17.5 %13.4 %
Eliminations(1.8)(1.2) —  — 
Total segment results2,213.1 2,079.6 352.5 344.1 15.9 %16.5 %
Asbestos-related benefit, net(a)
 —  74.4  — 
Other Corporate costs — (35.4)(27.3) — 
Total Corporate and Other costs — (35.4)47.1  — 
Total$2,213.1 $2,079.6 $317.1 $391.2 14.3 %18.8 %
(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 18, 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 Nine Months Ended
Total AssetsCapital
Expenditures
Depreciation &
Amortization
October 1, 2022December 31, 2021October 1, 2022October 2, 2021October 1, 2022October 2, 2021
Motion Technologies$1,298.9 $1,272.8 $52.6 $42.1 $45.5 $47.8 
Industrial Process1,192.2 1,030.0 7.4 4.1 19.0 16.7 
Connect & Control Technologies723.4 719.3 9.4 5.3 14.3 16.6 
Corporate and Other475.7 543.3 4.3 1.1 2.7 4.2 
Total$3,690.2 $3,565.4 $73.7 $52.6 $81.5 $85.3