ACCRUED AND OTHER CURRENT LIABILITIES AND OTHER NON-CURRENT LIABILITIES (Tables)

9 Months Ended

Oct. 03, 2026

Payables and Accruals [Abstract]

Accrued Liabilities and Other Non-Current Liabilities

The following table summarizes our accrued liabilities and other non-current liabilities.

As of the Period Ended	October 3, 2026		December 31, 2025
Contract liabilities and other customer-related liabilities	$	335.9	$	220.8
Compensation and other employee-related benefits	256.7		178.3
Accrued income taxes and other tax-related liabilities	63.4		46.4
Accrued warranty costs	36.8		23.5
Operating lease liabilities	33.2		24.4
Accrued restructuring costs	15.9		3.7
Environmental liabilities and other legal matters	13.6		14.4
Other	81.3		60.5
Accrued and other current liabilities	$	836.8	$	572.0
Operating lease liabilities	$	94.4	$	60.0
Environmental liabilities	49.6		45.0
Other non-current tax-related liabilities	49.0		13.4
Compensation and other employee-related benefits	46.4		40.7
Other	58.9		51.1
Other non-current liabilities	$	298.3	$	210.2

Supplier Finance Program

The following table displays a rollforward of our supply chain financing obligations which are included within Accounts payable in our Consolidated Condensed Balance Sheets.

	October 3, 2026		September 27, 2025
Confirmed obligations outstanding at the beginning of the year	$	11.7	$	11.3
Invoices confirmed in the year	58.7		51.6
Payments applied towards invoices	(60.1)		(47.7)
Foreign currency translation	0.4		0.2
Confirmed obligations outstanding at the end of period	$	10.7	$	15.4