SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 26, 2020

Segment Reporting [Abstract]

Schedule Of Reportable Segments

The following sets forth certain financial information attributable to the Company's operating segments for the three and nine months ended September 26, 2020 and September 28, 2019 (in millions):

	Three Months Ended
September 26, 2020	Commercial Systems		Industrial Systems		Climate Solutions		Power Transmission Solutions		Eliminations		Total
External Sales	$	218.5	$	138.8	$	234.0	$	166.9	$	—	$	758.2
Intersegment Sales	14.5		7.4		4.6		0.6		(27.1)		—
Total Sales	233.0		146.2		238.6		167.5		(27.1)		758.2
Gross Profit	61.4		31.2		69.1		59.9		—		221.6
Operating Expenses	36.1		24.6		29.9		41.0		—		131.6
Total Operating Expenses	36.1		24.6		29.9		41.0		—		131.6
Income from Operations	25.3		6.6		39.2		18.9		—		90.0
Depreciation and Amortization	7.9		6.0		5.0		14.0		—		32.9
Capital Expenditures	3.2		1.7		1.8		2.6		—		9.3
September 28, 2019
External Sales	$	214.8	$	143.8	$	230.9	$	182.8	$	—	$	772.3
Intersegment Sales	10.8		8.0		4.2		1.2		(24.2)		—
Total Sales	225.6		151.8		235.1		184.0		(24.2)		772.3
Gross Profit	53.5		23.7		64.2		60.5		—		201.9
Operating Expenses	36.8		26.0		26.5		39.6		—		128.9
Loss on Divestitures	0.1		—		0.1		—		—		0.2
Total Operating Expenses	36.9		26.0		26.6		39.6		—		129.1
Income (Loss) from Operations	16.6		(2.3)		37.6		20.9		—		72.8
Depreciation and Amortization	8.3		6.5		5.1		14.0		—		33.9
Capital Expenditures	6.8		4.2		6.8		3.3		—		21.1

	Nine Months Ended
September 26, 2020	Commercial Systems		Industrial Systems		Climate Solutions		Power Transmission Solutions		Eliminations		Total
External Sales	$	593.8	$	389.0	$	622.3	$	521.4	$	—	$	2,126.5
Intersegment Sales	43.2		23.2		13.0		1.9		(81.3)		—
Total Sales	637.0		412.2		635.3		523.3		(81.3)		2,126.5
Gross Profit	154.5		78.7		175.9		186.1		—		595.2
Operating Expenses	107.8		69.2		85.9		122.2		—		385.1
Gain on Divestiture of Businesses	(0.1)		—		—		—		—		(0.1)
Asset Impairments	2.8		0.2		1.3		—		—		4.3
Total Operating Expenses	110.5		69.4		87.2		122.2		—		389.3
Income from Operations	44.0		9.3		88.7		63.9		—		205.9
Depreciation and Amortization	24.5		17.9		14.7		41.7		—		98.8
Capital Expenditures	8.5		6.0		8.0		7.2		—		29.7
September 28, 2019
External Sales	$	703.3	$	437.4	$	762.1	$	597.0	$	—	$	2,499.8
Intersegment Sales	34.7		27.8		13.1		3.3		(78.9)		—
Total Sales	738.0		465.2		775.2		600.3		(78.9)		2,499.8
Gross Profit	184.3		75.3		209.7		201.2		—		670.5
Operating Expenses	121.8		82.2		86.2		126.1		—		416.3
(Gain) Loss on Divestiture of Businesses	(39.4)		0.1		(6.0)		0.1		—		(45.2)
Asset Impairments	6.7		0.9		1.3		1.1		—		10.0
Total Operating Expenses	89.1		83.2		81.5		127.3		—		381.1
Income (Loss) from Operations	95.2		(7.9)		128.2		73.9		—		289.4
Depreciation and Amortization	26.1		18.2		14.5		41.6		—		100.4
Capital Expenditures	24.2		18.1		19.4		15.6		—		77.3

Reconciliation of Segment Assets

The following table presents identifiable assets information attributable to the Company's operating segments as of September 26, 2020 and December 28, 2019 (in millions):

	Commercial Systems		Industrial Systems		Climate Solutions		Power Transmission Solutions		Total
Identifiable Assets as of September 26, 2020	$	1,258.2	$	826.1	$	876.4	$	1,518.7	$	4,479.4
Identifiable Assets as of December 28, 2019	$	1,198.5	$	802.8	$	878.3	$	1,551.1	$	4,430.7