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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Jul. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill
The changes in the carrying amount of goodwill for the six months ended July 1, 2023 were as follows:
December 31,
2022
Goodwill
Resulting from
Business
Combinations (1)
Foreign
Currency
Translation
July 1,
2023
HVAC reportable segment   
Gross goodwill$529.5 $219.9 $3.6 $753.0 
Accumulated impairments(328.2)— (2.2)(330.4)
Goodwill201.3 219.9 1.4 422.6 
Detection and Measurement reportable segment    
Gross goodwill425.2 0.8 3.8 429.8 
Accumulated impairments(171.2)— (1.3)(172.5)
Goodwill254.0 0.8 2.5 257.3 
Total    
Gross goodwill954.7 220.7 7.4 1,182.8 
Accumulated impairments(499.4)— (3.5)(502.9)
Goodwill$455.3 $220.7 $3.9 $679.9 
__________________________
(1)Reflects (i) goodwill acquired with the TAMCO and ASPEQ acquisitions of $50.6 and $169.3, respectively and (ii) an increase in ITLs goodwill of $0.8 resulting from revisions to the valuation of certain assets and liabilities. As indicated in Note 1, the acquired assets, including goodwill, and liabilities assumed in the TAMCO and ASPEQ acquisitions have been recorded at estimates of fair value and are subject to change upon completion of acquisition accounting.
Schedule of Identifiable Intangible Assets
Identifiable intangible assets at July 1, 2023 and December 31, 2022 comprised the following:
 July 1, 2023December 31, 2022
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Value
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Value
Intangible assets with determinable lives: (1)
      
Customer relationships$402.5 $(52.1)$350.4 $198.9 $(41.7)$157.2 
Technology139.1 (22.3)116.8 81.5 (18.4)63.1 
Patents4.5 (4.5)— 4.5 (4.5)— 
Other45.4 (27.7)17.7 36.7 (24.1)12.6 
 591.5 (106.6)484.9 321.6 (88.7)232.9 
Trademarks with indefinite lives (2)
220.7 — 220.7 168.7 — 168.7 
Total$812.2 $(106.6)$705.6 $490.3 $(88.7)$401.6 
__________________________
(1)The identifiable intangible assets associated with the TAMCO acquisition consists of customer relationships of $59.7, technology of $9.3, definite-lived trademarks of $3.2, and backlog of $1.0. The identifiable intangible assets associated with the ASPEQ acquisition consists of customer relationships of $142.3, technology of $47.8, and backlog of $4.5.

(2)Includes $51.5 of indefinite-lived trademarks associated with the ASPEQ acquisition.