SEGMENT INFORMATION (Tables)

3 Months Ended

Apr. 04, 2026

Mar. 29, 2025

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.

Three Months Ended April 4, 2026	Flow Technologies		Motion Technologies		Connect & Control Technologies		Total
Revenue	$	537.4	$	397.2	$	278.5	$	1,213.1
Other / Eliminations							(1.2)
Consolidated revenue							$	1,211.9
Costs of revenue(a)	329.7		278.1		176.7
Selling, general and administrative expenses(a)	94.8		22.8		36.6
Research and development expenses(a)	7.8		12.7		12.6
Intangible amortization(a)	23.0		0.2		3.4
Segment operating income	$	82.1	$	83.4	$	49.2	$	214.7
Corporate and other							(73.5)
Interest expense							(24.7)
Interest income							10.4
Other non-operating income, net							1.9
Income from continuing operations before income tax							$	128.8

Three Months Ended March 29, 2025	Flow Technologies		Motion Technologies		Connect & Control Technologies		Total
Revenue	$	333.3	$	346.1	$	234.7	$	914.1
Other / Eliminations							(1.1)
Consolidated revenue							$	913.0
Costs of revenue(a)	198.8		239.8		152.3
Selling, general and administrative expenses(a)	59.3		27.1		31.1
Research and development expenses(a)	4.8		11.4		8.3
Intangible amortization(a)	6.9		0.2		7.0
Segment operating income	$	63.5	$	67.6	$	36.0	$	167.1
Corporate and other							(16.2)
Interest expense							(9.3)
Interest income							1.7
Other non-operating income, net							1.0
Income from continuing operations before income tax							$	144.3

(a)The significant expense categories and amounts align with segment-level information that is regularly provided to the CODM.

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.

	Three Months Ended
For the Three Months Ended	April 4, 2026		March 29, 2025
Flow Technologies	15.3	%	19.1	%
Motion Technologies	21.0	%	19.5	%
Connect & Control Technologies	17.7	%	15.3	%

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
	April 4, 2026		December 31, 2025		April 4, 2026		March 29, 2025		April 4, 2026		March 29, 2025
Flow Technologies(a)	$	8,137.1	$	1,993.2	$	5.2	$	6.1	$	30.3	$	10.9
Motion Technologies	1,276.5		1,257.3		14.4		27.0		15.5		13.9
Connect & Control Technologies	1,369.5		1,332.5		6.2		3.6		7.6		11.0
Corporate and Other	348.5		1,727.4		0.3		0.1		0.8		1.4
Total(a)	$	11,131.6	$	6,310.4	$	26.1	$	36.8	$	54.2	$	37.2