ACQUISITIONS Acquisitions (Tables)

6 Months Ended

Jun. 29, 2024

Acquisitions [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

Allocation of Purchase Price	Micro-Mode (Final)		Svanehoj (Preliminary)
Receivables	$	2.7	$	22.4
Inventory	5.3		39.8
Plant, property and equipment	6.1		19.1
Goodwill(a)	44.9		215.4
Other intangible assets	28.7		212.6
Other assets	0.2		9.0
Accounts payable and accrued liabilities	(2.6)		(28.0)
Other liabilities	(6.3)		(52.9)
Contract liabilities	—		(29.8)
Net assets acquired	$	79.0	$	407.6

Disposal Groups, Including Discontinued Operations

The following table presents the carrying amounts of the major classes of assets and liabilities that were classified as held for sale:

As of the Period Ended	June 29, 2024
Assets held for sale
Current assets held for sale:
Cash and cash equivalents	$	14.9
Receivables, net	32.7
Inventories	44.5
Other current assets	0.4
Total current assets held for sale	92.5
Non-current assets held for sale:
Plant, property and equipment, net	26.1
Goodwill	16.0
Other intangible assets, net	9.4
Other non-current assets	8.5
Total non-current assets held for sale	60.0
Total assets held for sale	$	152.5
Liabilities held for sale
Current liabilities held for sale:
Accounts payable	$	22.3
Accrued and other current liabilities	7.1
Total current liabilities held for sale	29.4
Non-current liabilities held for sale:
Postretirement benefits	2.3
Other non-current liabilities	3.2
Total non-current liabilities held for sale	5.5
Total liabilities held for sale	$	34.9