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GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)
3 Months Ended
Mar. 29, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the Carrying Amount of Goodwill Table
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 translation3.5 16.5 0.7 20.7 
Goodwill - March 29, 2025
$275.9 $614.0 $564.4 $1,454.3 
Other Intangible Assets Table
Other Intangible Assets, Net 
The following table summarizes our other intangible assets, net of accumulated amortization. 
March 29, 2025December 31, 2024
As of the Period EndedGross
Carrying
Amount
Accumulated AmortizationNet IntangiblesGross
Carrying
Amount
Accumulated AmortizationNet Intangibles
Customer relationships$387.2 $(98.0)$289.2 $383.8 $(92.6)$291.2 
Developed technology107.8 (25.8)82.0 105.3 (23.8)81.5 
Patents and other56.9 (42.1)14.8 56.7 (35.1)21.6 
Finite-lived intangible total551.9 (165.9)386.0 545.8 (151.5)394.3 
Indefinite-lived intangibles60.8  60.8 59.8 — 59.8 
Other intangible assets$612.7 $(165.9)$446.8 $605.6 $(151.5)$454.1 
Business Combination, Intangible Asset, Acquired, Finite-Lived and Indefinite-Lived
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 relationships17$141.0 
Trade nameIndefinite26.0 
Backlog1.317.0 
Other(a)
3 - 7
1.1 
Total intangible assets acquired$185.1 
(a)Other intangible assets for kSARIA reflect favorable lease intangibles.
Finite-Lived Intangible Assets Amortization Expense
The following table summarizes our amortization expense related to finite-lived intangible assets.
For the Three Months Ended
March 29,
2025
March 30,
2024
Amortization expense$14.0 $9.6