CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 28, 2025	Dec. 31, 2024
Current assets:
Cash and equivalents	$ 132.8	$ 156.9
Accounts receivable, net	363.8	313.6
Contract assets	42.0	11.3
Inventories, net	321.9	271.0
Other current assets	60.1	31.5
Total current assets	920.6	784.3
Property, plant and equipment:
Land	23.2	23.5
Buildings and leasehold improvements	116.9	113.3
Machinery and equipment	325.1	308.1
Property, plant and equipment, gross	465.2	444.9
Accumulated depreciation	(238.3)	(226.9)
Property, plant and equipment, net	226.9	218.0
Goodwill	1,040.9	834.5
Intangibles, net	914.7	703.0
Other assets	193.2	164.1
Deferred income taxes	2.5	2.4
Assets of DBT and Heat Transfer (includes cash and equivalents of $4.1 and $4.5 at June 28, 2025 and December 31, 2024, respectively) (Note 3)	7.9	8.2
TOTAL ASSETS	3,306.7	2,714.5
Current liabilities:
Accounts payable	140.3	128.1
Contract liabilities	76.5	62.3
Accrued expenses	166.2	170.8
Income taxes payable	16.0	19.4
Short-term debt	41.4	10.1
Current maturities of long-term debt	27.6	27.6
Total current liabilities	468.0	418.3
Long-term debt	950.3	577.0
Deferred and other income taxes	118.7	97.8
Other long-term liabilities	223.0	224.2
Liabilities of DBT and Heat Transfer (Note 3)	13.4	12.8
Total long-term liabilities	1,305.4	911.8
Commitments and contingent liabilities (Note 15)
Stockholders' Equity:
Common stock (54,445,337 and 46,737,199 issued and outstanding at June 28, 2025, respectively, and 54,196,620 and 46,368,240 issued and outstanding at December 31, 2024, respectively)	0.6	0.5
Paid-in capital	1,371.6	1,373.5
Retained earnings	342.2	238.8
Accumulated other comprehensive income	263.8	223.6
Common stock in treasury (7,708,138 and 7,828,380 shares at June 28, 2025 and December 31, 2024, respectively)	(444.9)	(452.0)
Total stockholders' equity	1,533.3	1,384.4
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 3,306.7	$ 2,714.5