GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)

3 Months Ended

Apr. 04, 2026

Intangible Asset, Goodwill and Other [Abstract]

Changes in the Carrying Amount of Goodwill Table

The following table provides a rollforward of the carrying amount of goodwill by segment. 

	Flow Technologies		Motion Technologies		Connect & Control Technologies		Total
Goodwill - December 31, 2025	$	663.7	$	281.5	$	566.0	$	1,511.2
Acquired(a)	2,313.3		—		—		2,313.3
Foreign exchange translation	(34.4)		(1.7)		(0.5)		(36.6)
Goodwill - April 4, 2026	$	2,942.6	$	279.8	$	565.5	$	3,787.9

(a)Goodwill acquired for our FT segment is related to our acquisition of SPX FLOW, representing the preliminary calculation of excess purchase price over the net assets acquired. Refer to Note 20, Acquisitions, for further information.

Other Intangible Assets Table

Other Intangible Assets, Net 

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

	April 4, 2026						December 31, 2025
As of the Period Ended	Gross Carrying Amount		Accumulated Amortization		Net Intangibles		Gross Carrying Amount		Accumulated Amortization		Net Intangibles
Customer relationships	$	2,469.4	$	(132.5)	$	2,336.9	$	400.6	$	(117.6)	$	283.0
Developed technology	453.6		(35.5)		418.1		114.6		(32.3)		82.3
Patents and other	153.5		(62.6)		90.9		58.9		(54.9)		4.0
Finite-lived intangible total	3,076.5		(230.6)		2,845.9		574.1		(204.8)		369.3
Indefinite-lived intangibles	392.9		—		392.9		63.3		—		63.3
Other intangible assets	$	3,469.4	$	(230.6)	$	3,238.8	$	637.4	$	(204.8)	$	432.6

Business Combination, Intangible Asset, Acquired, Finite-Lived and Indefinite-Lived

The preliminary fair values of intangible assets acquired in connection with the purchase of SPX FLOW consist of the following:

	Useful life (in years)	Fair value
Customer relationships	18	$	2,070.0
Developed technology	18	340.0
Trade name	Indefinite	330.0
Backlog	1	95.0
Total intangible assets acquired		$	2,835.0

Intangible Asset, Finite-Lived, Amortization Expense

Estimated amortization expense for each of the remainder of 2026, the four succeeding years, and thereafter is as follows:

Remainder of 2026	$	195.7
2027	174.3
2028	161.0
2029	160.7
2030	160.6
2031 and thereafter	1,993.6