v3.25.2
SEGMENT INFORMATION (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 27, 2025
USD ($)
Jun. 28, 2024
USD ($)
Jun. 27, 2025
USD ($)
segment
Jun. 28, 2024
USD ($)
Dec. 31, 2024
USD ($)
Segment Reporting [Abstract]          
Number of operating segments | segment     3    
Segment Reporting Information [Line Items]          
Sales $ 1,518.8 $ 1,552.4 $ 2,993.0 $ 3,076.9  
Cost of sales (623.1) (624.1) (1,216.4) (1,244.4)  
Gross profit 895.7 928.3 1,776.6 1,832.5  
Operating expenses (673.5) (626.5) (1,320.8) (1,291.6)  
Gain on sale of property 0.0 0.0 0.0 63.1  
Operating profit (loss) 222.2 301.8 455.8 604.0  
Non-operating income (expense), net:          
Interest expense, net (32.1) (38.7) (64.1) (82.7)  
Loss from divestiture 0.0 (25.6) 0.0 (25.6)  
Other non-operating income (expense), net 1.9 (8.8) 1.7 (33.0)  
Earnings before income taxes 192.0 228.7 393.4 462.7  
Depreciation and amortization expenses (137.8) (136.5) (272.7) (273.3)  
Capital expenditure (36.7) (29.2) (63.4) (55.6)  
Total assets 18,244.2   18,244.2   $ 17,016.1
Operating Segments          
Non-operating income (expense), net:          
Total assets 16,237.9   16,237.9   16,020.6
Operating Segments | Intelligent Operating Solutions          
Segment Reporting Information [Line Items]          
Sales 675.7 677.0 1,347.1 1,342.7  
Cost of sales (231.8) (221.7) (455.0) (444.1)  
Gross profit 443.9 455.3 892.1 898.6  
Operating expenses (277.2) (282.1) (551.7) (561.3)  
Gain on sale of property       0.0  
Operating profit (loss) 166.7 173.2 340.4 337.3  
Non-operating income (expense), net:          
Interest expense, net 0.0 0.0 0.0 0.0  
Loss from divestiture   0.0   0.0  
Other non-operating income (expense), net 0.0 0.0 0.0 0.0  
Earnings before income taxes 166.7 173.2 340.4 337.3  
Depreciation and amortization expenses (58.4) (57.1) (116.3) (114.4)  
Capital expenditure (20.1) (14.9) (37.0) (33.6)  
Total assets 6,343.2   6,343.2   6,320.1
Operating Segments | Precision Technologies          
Segment Reporting Information [Line Items]          
Sales 523.6 551.8 1,024.2 1,110.8  
Cost of sales (261.3) (266.3) (507.3) (539.0)  
Gross profit 262.3 285.5 516.9 571.8  
Operating expenses (169.1) (170.2) (336.4) (370.5)  
Gain on sale of property       63.1  
Operating profit (loss) 93.2 115.3 180.5 264.4  
Non-operating income (expense), net:          
Interest expense, net 0.0 0.0 0.0 0.0  
Loss from divestiture   0.0   0.0  
Other non-operating income (expense), net 0.0 0.0 0.0 0.0  
Earnings before income taxes 93.2 115.3 180.5 264.4  
Depreciation and amortization expenses (28.7) (28.8) (55.9) (58.2)  
Capital expenditure (11.6) (9.6) (17.2) (13.7)  
Total assets 4,947.6   4,947.6   4,691.9
Operating Segments | Advanced Healthcare Solutions          
Segment Reporting Information [Line Items]          
Sales 319.5 323.6 621.7 623.4  
Cost of sales (130.0) (136.1) (254.1) (261.3)  
Gross profit 189.5 187.5 367.6 362.1  
Operating expenses (150.4) (147.3) (302.2) (294.4)  
Gain on sale of property       0.0  
Operating profit (loss) 39.1 40.2 65.4 67.7  
Non-operating income (expense), net:          
Interest expense, net 0.0 0.0 0.0 0.0  
Loss from divestiture   0.0   0.0  
Other non-operating income (expense), net 0.0 0.0 0.0 0.0  
Earnings before income taxes 39.1 40.2 65.4 67.7  
Depreciation and amortization expenses (50.4) (50.4) (99.9) (100.5)  
Capital expenditure (4.9) (3.1) (8.9) (5.8)  
Total assets 4,947.1   4,947.1   5,008.6
Unallocated Corporate Costs and Other          
Non-operating income (expense), net:          
Total assets 2,006.3   2,006.3   $ 995.5
Unallocated Corporate Costs and Other | Unallocated Corporate Costs and Other          
Segment Reporting Information [Line Items]          
Sales 0.0 0.0 0.0 0.0  
Cost of sales 0.0 0.0 0.0 0.0  
Gross profit 0.0 0.0 0.0 0.0  
Operating expenses (76.8) (26.9) (130.5) (65.4)  
Gain on sale of property       0.0  
Operating profit (loss) (76.8) (26.9) (130.5) (65.4)  
Non-operating income (expense), net:          
Interest expense, net (32.1) (38.7) (64.1) (82.7)  
Loss from divestiture   (25.6)   (25.6)  
Other non-operating income (expense), net 1.9 (8.8) 1.7 (33.0)  
Earnings before income taxes (107.0) (100.0) (192.9) (206.7)  
Depreciation and amortization expenses (0.3) (0.2) (0.6) (0.2)  
Capital expenditure $ (0.1) $ (1.6) $ (0.3) $ (2.5)