SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 30, 2024

Segment Reporting [Abstract]

Reconciliation of Segment to Consolidated Results Table

The following table presents our revenue for each segment and reconciles our total segment revenue to total consolidated revenue.

For the Three Months Ended	March 30, 2024		April 1, 2023
Motion Technologies	$	392.4	$	364.8
Industrial Process	333.9		266.5
Connect & Control Technologies	185.1		167.6
Total segment revenue	911.4		798.9
Eliminations	(0.8)		(1.0)
Total consolidated revenue	$	910.6	$	797.9

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following table presents our operating income for each segment and reconciles our total segment operating income to income from continuing operations before income tax.

For the Three Months Ended	March 30, 2024		April 1, 2023
Motion Technologies	$	70.6	$	53.4
Industrial Process	63.8		55.3
Connect & Control Technologies	32.7		29.4
Total segment operating income	167.1		138.1
Other corporate costs	(17.9)		(13.8)
Interest and non-operating expense, net	(4.4)		(3.5)
Income from continuing operations before income tax	$	144.8	$	120.8

Segment Operating Margin

The following table presents our operating margin for each segment. Segment operating margin is calculated as segment operating income divided by segment revenue.

For the Three Months Ended	March 30, 2024		April 1, 2023
Motion Technologies	18.0	%	14.6	%
Industrial Process	19.1	%	20.8	%
Connect & Control Technologies	17.7	%	17.5	%

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 Three Months Ended	Total Assets				Capital Expenditures				Depreciation & Amortization
	March 30, 2024		December 31, 2023		March 30, 2024		April 1, 2023		March 30, 2024		April 1, 2023
Motion Technologies	$	1,368.9	$	1,366.6	$	18.0	$	20.2	$	15.8	$	15.8
Industrial Process	1,856.0		1,323.2		6.7		3.2		12.1		5.6
Connect & Control Technologies	826.7		834.6		2.7		4.8		5.1		4.7
Corporate and Other	352.1		408.2		0.3		0.5		0.6		0.6
Total	$	4,403.7	$	3,932.6	$	27.7	$	28.7	$	33.6	$	26.7