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SEGMENT INFORMATION
 3 Months Ended
Apr. 01, 2023
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION
The Company’s segments are reported on the same basis used by our Chief Executive Officer, who is also our chief operating decision maker, for evaluating performance and for allocating resources. Our three reportable segments are referred to as Motion Technologies, Industrial Process, and Connect & Control Technologies.
Motion Technologies manufactures brake components and specialized sealing solutions, shock absorbers and damping technologies primarily for the global automotive, truck and trailer, public bus and rail transportation markets.
Industrial Process manufactures engineered fluid process equipment serving a diversified mix of customers in global industries such as chemical, energy, mining, and other industrial process markets and is a provider of plant optimization and efficiency solutions and aftermarket services and parts.
Connect & Control Technologies manufactures harsh-environment connector solutions, critical energy absorption, flow control components, and composite materials for the aerospace and defense, general industrial, medical, and energy markets.
Assets of our reportable segments exclude general corporate assets, which principally consist of cash, investments, deferred taxes, and certain property, plant and equipment. These assets are included within Corporate and Other, which is described further below.
Corporate and Other consists of corporate office expenses including compensation, benefits, occupancy, depreciation, and other administrative costs, as well as charges related to certain matters, including environmental liabilities, that are managed at a corporate level and are not included in segment results when evaluating performance or allocating resources. In addition, Corporate and Other includes research and development-related expenses associated with a subsidiary that does not constitute a reportable segment.
The following table presents our revenue, operating income, and operating margin for each segment.
 RevenueOperating IncomeOperating Margin
For the Three Months Ended
April 1,
2023		April 2,
2022		April 1,
2023		April 2,
2022		April 1,
2023		April 2,
2022
Motion Technologies$364.8 $370.1 $53.4 $59.7 14.6 %16.1 %
Industrial Process266.5 202.2 55.3 20.4 20.8 %10.1 %
Connect & Control Technologies167.6 154.6 29.4 25.7 17.5 %16.6 %
Eliminations(1.0)(0.7)— — — — 
Total segment results797.9 726.2 138.1 105.8 17.3 %14.6 %
Corporate and Other— — (13.8)(11.2)— — 
Total$797.9 $726.2 $124.3 $94.6 15.6 %13.0 %
The following table presents our total assets, capital expenditures, and depreciation & amortization expense for each segment.
As of and for the Three Months Ended
Total AssetsCapital
Expenditures		Depreciation &
Amortization
April 1,
2023		December 31,
2022		April 1,
2023		April 2,
2022		April 1,
2023		April 2,
2022
Motion Technologies$1,337.2 $1,311.9 $20.2 $22.8 $15.8 $15.8 
Industrial Process1,266.9 1,218.6 3.2 2.6 5.6 5.4 
Connect & Control Technologies764.6 751.6 4.8 2.5 4.7 5.4 
Corporate and Other399.1 498.2 0.5 2.1 0.6 0.7 
Total$3,767.8 $3,780.3 $28.7 $30.0 $26.7 $27.3