RESTRUCTURING ACTIONS RESTRUCTURING ACTIONS

3 Months Ended

Mar. 29, 2025

Restructuring and Related Activities [Abstract]

RESTRUCTURING ACTIONS

RESTRUCTURING ACTIONS

From time to time, we initiate restructuring actions throughout our businesses. There are no restructuring actions that are considered individually significant. The following table summarizes our total restructuring costs, which are presented within General and administrative expenses within our Consolidated Condensed Statements of Operations.

For the Three Months Ended	March 29, 2025		March 30, 2024
Severance and other employee-related	$	6.1	$	1.9
Other	0.4		—
Total restructuring costs	$	6.5	$	1.9
By segment:
Motion Technologies	$	0.2	$	0.5
Industrial Process	4.2		0.5
Connect & Control Technologies	2.1		0.9

The following table displays a rollforward of our restructuring liability, which is included within accrued liabilities on our Consolidated Condensed Balance Sheet.

	March 29, 2025		March 30, 2024
Beginning balance - January 1	$	2.9	$	4.8
Restructuring costs	6.5		1.9
Cash payments	(2.5)		(3.1)
Foreign exchange translation and other	—		(0.1)
Ending balance	$	6.9	$	3.5
By accrual type:
Severance and other employee-related	$	6.9	$	3.3
Other	—		0.2