GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)

9 Months Ended

Oct. 03, 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)	2,319.9		—		2.1		2,322.0
Adjustments to purchase price allocations	84.3		—		—		84.3
Foreign exchange translation	(67.4)		(3.9)		(0.7)		(72.0)
Goodwill - October 3, 2026	$	3,000.5	$	277.6	$	567.4	$	3,845.5

(a)Goodwill acquired for our FT segment is primarily 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. 

	October 3, 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	$	2,348.0	$	(195.9)	$	2,152.1	$	400.6	$	(117.6)	$	283.0
Developed technology	434.6		(47.1)		387.5		114.6		(32.3)		82.3
Patents and other	152.4		(109.6)		42.8		58.9		(54.9)		4.0
Finite-lived intangible total	2,935.0		(352.6)		2,582.4		574.1		(204.8)		369.3
Indefinite-lived intangibles	374.8		—		374.8		63.3		—		63.3
Other intangible assets	$	3,309.8	$	(352.6)	$	2,957.2	$	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 purchases of SPX FLOW and Aerospace Contacts consist of the following:

	SPX FLOW			Aerospace Contacts
	Useful life (in years)	Fair value		Useful life (in years)	Fair value
Customer relationships	18	$	1,990.0	15	$	7.5
Developed technology	18	330.0			—
Trade name	Indefinite	320.0		10	0.7
Backlog	1	95.0			—
Total intangible assets acquired		$	2,735.0		$	8.2

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	$	60.1
2027	166.4
2028	150.0
2029	149.6
2030	149.6
2031 and thereafter	1,906.7