REVENUE Revenue (Tables)

6 Months Ended

Jul. 01, 2023

Jul. 02, 2022

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 July 1, 2023	Motion Technologies		Industrial Process		Connect & Control Technologies		Eliminations		Total
Auto and rail	$	360.0	$	—	$	—	$	—	$	360.0
Chemical and industrial pumps	—		226.5		—		—		226.5
Aerospace and defense	2.0		—		94.1		—		96.1
General industrial	6.8		—		64.2		(0.7)		70.3
Energy	—		67.1		13.9		—		81.0
Total	$	368.8	$	293.6	$	172.2	$	(0.7)	$	833.9
For the Six Months Ended July 1, 2023
Auto and rail	$	716.0	$	—	$	—	$	—	$	716.0
Chemical and industrial pumps	—		444.5		—		—		444.5
Aerospace and defense	3.9		—		181.0		—		184.9
General industrial	13.7		—		134.7		(1.7)		146.7
Energy	—		115.6		24.1		—		139.7
Total	$	733.6	$	560.1	$	339.8	$	(1.7)	$	1,631.8

For the Three Months Ended July 2, 2022
Auto and rail	$	320.3	$	—	$	—	$	—	$	320.3
Chemical and industrial pumps	—		196.6		—		—		196.6
General industrial	8.5		—		74.5		(0.8)		82.2
Aerospace and defense	2.5		—		78.3		—		80.8
Energy	—		43.0		10.4		—		53.4
Total	$	331.3	$	239.6	$	163.2	$	(0.8)	$	733.3
For the Six Months Ended July 2, 2022
Auto and rail	$	680.7	$	—	$	—	$	—	$	680.7
Chemical and industrial pumps	—		363.8		—		—		363.8
General industrial	16.7		—		144.2		(1.5)		159.4
Aerospace and defense	4.0		—		153.2		—		157.2
Energy	—		78.0		20.4		—		98.4
Total	$	701.4	$	441.8	$	317.8	$	(1.5)	$	1,459.5

Net Contract Assets and Liabilities Table

The following table represents our net contract assets and liabilities.

As of the Period Ended	July 1, 2023		December 31, 2022
Current contract assets, net	$	28.1	$	26.3
Non-current contract assets, net	2.3		1.2
Current contract liabilities	(83.2)		(70.2)
Non-current contract liabilities	(4.4)		(4.4)
Net contract liabilities	$	(57.2)	$	(47.1)