GOODWILL AND OTHER INTANGIBLE ASSETS, NET

3 Months Ended

Mar. 29, 2025

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, 2024	$	272.4	$	593.3	$	564.4	$	1,430.1
Acquired	—		4.2		—		4.2
Adjustments to purchase price allocations	—		—		(0.7)		(0.7)

Foreign exchange translation	3.5		16.5		0.7		20.7
Goodwill - March 29, 2025	$	275.9	$	614.0	$	564.4	$	1,454.3

Other Intangible Assets, Net

The following table summarizes our other intangible assets, net of accumulated amortization.


	March 29, 2025						December 31, 2024
As of the Period Ended	Gross Carrying Amount		Accumulated Amortization		Net Intangibles		Gross Carrying Amount		Accumulated Amortization		Net Intangibles
Customer relationships	$	387.2	$	(98.0)	$	289.2	$	383.8	$	(92.6)	$	291.2
Developed technology	107.8		(25.8)		82.0		105.3		(23.8)		81.5
Patents and other	56.9		(42.1)		14.8		56.7		(35.1)		21.6
Finite-lived intangible total	551.9		(165.9)		386.0		545.8		(151.5)		394.3
Indefinite-lived intangibles	60.8		—		60.8		59.8		—		59.8
Other intangible assets	$	612.7	$	(165.9)	$	446.8	$	605.6	$	(151.5)	$	454.1

The fair values of intangible assets acquired in connection with the purchase of kSARIA consist of the following:



	Useful life (in years)	Fair value
Customer relationships	17	$	141.0

Trade name	Indefinite	26.0
Backlog	1.3	17.0
Other(a)	3 - 7	1.1
Total intangible assets acquired		$	185.1

(a)Other intangible assets for kSARIA reflect favorable lease intangibles.

The following table summarizes our amortization expense related to finite-lived intangible assets.