REVENUE Revenue (Tables)

9 Months Ended

Oct. 01, 2022

Oct. 02, 2021

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue by End Market Table

The following tables present our revenue disaggregated by end market.

For the Three Months Ended October 1, 2022	Motion Technologies			Industrial Process			Connect & Control Technologies			Eliminations			Total
Auto and rail		$	333.1		$	—		$	—		$	—		$	333.1
Chemical and industrial pumps		—			187.9			—			—			187.9
General industrial		7.2			—			71.4			(0.3)			78.3
Aerospace and defense		1.9			—			80.5			—			82.4
Energy		—			60.6			11.3			—			71.9
Total		$	342.2		$	248.5		$	163.2		$	(0.3)		$	753.6
For the Nine Months Ended October 1, 2022
Auto and rail		$	1,013.8		$	—		$	—		$	—		$	1,013.8
Chemical and industrial pumps		—			551.7			—			—			551.7
General industrial		23.9			—			215.6			(1.8)			237.7
Aerospace and defense		5.9			—			233.7			—			239.6
Energy		—			138.6			31.7			—			170.3
Total		$	1,043.6		$	690.3		$	481.0		$	(1.8)		$	2,213.1

For the Three Months Ended October 2, 2021
Auto and rail	$	323.7	$	—	$	—	$	(0.1)	$	323.6
Chemical and industrial pumps	—		164.6		—		—		164.6
General industrial	7.1		—		69.8		(0.4)		76.5
Aerospace and defense	1.5		—		67.3		—		68.8
Energy	—		46.1		10.0		—		56.1
Total	$	332.3	$	210.7	$	147.1	$	(0.5)	$	689.6
For the Nine Months Ended October 2, 2021
Auto and rail	$	1,021.9	$	—	$	—	$	(0.1)	$	1,021.8
Chemical and industrial pumps	—		492.0		—		—		492.0
General industrial	17.4		—		190.1		(1.1)		206.4
Aerospace and defense	5.7		—		191.4		—		197.1
Energy	—		134.9		27.4		—		162.3
Total	$	1,045.0	$	626.9	$	408.9	$	(1.2)	$	2,079.6

Net Contract Assets and Liabilities Table

The following table represents our net contract assets and liabilities.

	October 1, 2022			December 31, 2021
Current contract assets, net		$	33.1		$	20.6
Non-current contract assets, net		0.3			0.3
Current contract liabilities		(67.9)			(46.6)
Non-current contract liabilities		(4.4)			(4.4)
Net contract liabilities		$	(38.9)		$	(30.1)