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GOODWILL AND OTHER INTANGIBLE ASSETS, NET
 6 Months Ended
Jul. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Goodwill
The following table provides a rollforward of the carrying amount of goodwill by segment. 
Motion
Technologies		Industrial
Process		Connect & Control
Technologies		Total
Goodwill - December 31, 2022
$287.7 $398.7 $278.4 $964.8 
Acquired— — 43.4 43.4 
Allocated to divestiture of business(a)
— — (2.4)(2.4)
Foreign exchange translation2.7 0.5 0.3 3.5 
Goodwill - July 1, 2023
$290.4 $399.2 $319.7 $1,009.3 
(a)    During the second quarter of 2023, we completed the sale of a product line within our CCT segment to a third party for $10.5. The Company determined that the product line met the definition of a business per ASC 805, Business Combinations. As a result of the transaction, we recognized a gain on sale of $7.2, which is included in the General and administrative expenses line on our Consolidated Statements of Operations for the three and six months ended July 1, 2023. Goodwill of $2.4 was allocated to the divestiture.
Other Intangible Assets, Net 
The following table summarizes our other intangible assets, net of accumulated amortization. 
July 1, 2023December 31, 2022
Gross
Carrying
Amount		Accumulated AmortizationNet IntangiblesGross
Carrying
Amount		Accumulated AmortizationNet Intangibles
Customer relationships$215.5 $(134.6)$80.9 $191.5 $(127.1)$64.4 
Proprietary technology64.2 (33.1)31.1 59.2 (30.8)28.4 
Patents and other20.8 (17.1)3.7 17.6 (16.6)1.0 
Finite-lived intangible total300.5 (184.8)115.7 268.3 (174.5)93.8 
Indefinite-lived intangibles20.5 — 20.5 19.0 — 19.0 
Other intangible assets$321.0 $(184.8)$136.2 $287.3 $(174.5)$112.8 
The following table summarizes our amortization expense related to finite-lived intangible assets.
Three Months EndedSix Months Ended
July 1,
2023		July 2,
2022		July 1,
2023		July 2,
2022
Amortization expense$5.1 $5.8 $9.8 $10.0 
The preliminary fair values of intangible assets acquired in connection with the purchase of Micro-Mode total $34.8. Refer to Note 18, Acquisitions and Investments, for further information.