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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 27, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill
The changes in the carrying amount of goodwill for the nine months ended September 27, 2025 were as follows:
December 31,
2024
Goodwill
Resulting from
Business
Combinations (1)
Foreign
Currency
Translation
September 27,
2025
HVAC reportable segment   
Gross goodwill$907.3 $80.5 $20.5 $1,008.3 
Accumulated impairments(326.6)— (10.1)(336.7)
Goodwill580.7 80.5 10.4 671.6 
Detection and Measurement reportable segment    
Gross goodwill426.6 102.8 10.8 540.2 
Accumulated impairments(172.8)— (3.0)(175.8)
Goodwill253.8 102.8 7.8 364.4 
Total    
Gross goodwill1,333.9 183.3 31.3 1,548.5 
Accumulated impairments(499.4)— (13.1)(512.5)
Goodwill$834.5 $183.3 $18.2 $1,036.0 
__________________________
(1)Reflects (i) goodwill acquired with the KTS and Sigma & Omega acquisitions of $102.8 and $75.3, respectively, and an immaterial acquisition within the HVAC reportable segment. As indicated in Note 1, the acquired assets, including goodwill, and liabilities assumed in the KTS and Sigma & Omega 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 September 27, 2025 and December 31, 2024 comprised the following:
 September 27, 2025December 31, 2024
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Value
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Value
Intangible assets with determinable lives: (1)
      
Customer relationships and contracts$555.8 $(138.1)$417.7 $421.1 $(103.3)$317.8 
Technology273.2 (58.2)215.0 181.7 (41.3)140.4 
Patents4.5 (4.5)— 4.5 (4.5)— 
Other100.5 (66.9)33.6 71.0 (45.7)25.3 
 934.0 (267.7)666.3 678.3 (194.8)483.5 
Trademarks with indefinite lives222.0 — 222.0 219.5 — 219.5 
Total$1,156.0 $(267.7)$888.3 $897.8 $(194.8)$703.0 
__________________________
(1)The gross carrying value of identifiable intangible assets acquired with the KTS acquisition consist of technology of $79.8, customer relationships and contracts of $70.7, definite-lived trademarks of $6.7, and customer backlog of $7.3. The gross carrying value of identifiable intangible assets acquired with the Sigma & Omega acquisition consist of customer relationships of $56.3, customer backlog of $8.9, technology of $8.5, and definite-lived trademarks of $3.9.