SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 28, 2025

Jun. 29, 2024

Reconciliation of Segment to Consolidated Results Table

The following table presents our revenue for each segment and reconciles our total segment revenue to total consolidated revenue.


Three Months Ended June 28, 2025	Motion Technologies		Industrial Process		Connect & Control Technologies		Total
Revenue	$	365.7	$	355.9	$	251.9	$	973.5
Eliminations							(1.1)
Consolidated revenue							$	972.4
Costs of revenue(a)	254.1		211.3		161.3
Selling, general and administrative expenses(a)	28.7		61.7		35.9
Research and development expenses(a)	11.7		6.3		9.8

Segment operating income	$	71.2	$	76.6	44.9		$	192.7
Other corporate costs							(17.6)
Interest expense							(12.6)
Interest income							2.4
Other non-operating expense, net							(0.7)
Income from continuing operations before income tax							$	164.2

Six Months Ended June 28, 2025
Revenue	$	711.8	$	689.2	$	486.6	$	1,887.6
Eliminations							(2.2)
Consolidated revenue							$	1,885.4
Costs of revenue(a)	493.9		413.5		317.0
Selling, general and administrative expenses(a)	56.0		123.2		70.1
Research and development expenses(a)	23.1		12.4		18.6

Segment operating income	$	138.8	$	140.1	$	80.9	$	359.8
Other corporate costs							(33.8)
Interest expense							(21.9)
Interest income							4.1
Other non-operating income, net							0.3
Income from continuing operations before income tax							$	308.5


Three Months Ended June 29, 2024	Motion Technologies		Industrial Process		Connect & Control Technologies		Total
Revenue	$	384.5	$	330.7	$	191.8	$	907.0
Eliminations							(1.1)
Consolidated revenue							$	905.9
Costs of revenue(a)	268.8		201.4		119.9
Selling, general and administrative expenses(a)	31.2		56.8		27.7
Research and development expenses(a)	13.3		6.0		8.8

Segment operating income	$	71.2	$	66.5	$	35.4	$	173.1
Other corporate costs							(13.4)
Interest expense							(7.4)
Interest income							1.6
Other non-operating income, net							0.2
Income from continuing operations before income tax							$	154.1

Six Months Ended June 29, 2024
Revenue	$	776.9	$	664.6	$	376.9	$	1,818.4
Eliminations							(1.9)
Consolidated revenue							$	1,816.5
Costs of revenue(a)	546.2		415.1		238.6
Selling, general and administrative expenses(a)	60.3		106.8		53.1
Research and development expenses(a)	28.6		11.7		17.1

Segment operating income	$	141.8	$	131.0	$	68.1	$	340.9
Other corporate costs							(31.3)
Interest expense							(15.1)
Interest income							3.4
Other non-operating income, net							1.7
Income from continuing operations before income tax							$	299.6

(a)The significant expense categories and amounts align with segment-level information that is regularly provided to the CODM.

Segment Operating Margin

The following table presents our operating margin for each segment. Segment operating margin is calculated as segment operating income divided by segment revenue.


	Three Months Ended	Six Months Ended
			June 28, 2025		June 29, 2024		June 28, 2025		June 29, 2024
Motion Technologies			19.5	%	18.5	%	19.5	%	18.3	%
Industrial Process			21.5	%	20.1	%	20.3	%	19.7	%
Connect & Control Technologies			17.8	%	18.5	%	16.6	%	18.1	%

Schedule of Segment Reporting Information

The following table presents our total assets, capital expenditures, and depreciation & amortization expense for each segment.


As of and for the Six Months Ended	Total Assets				Capital Expenditures				Depreciation & Amortization
	June 28, 2025		December 31, 2024		June 28, 2025		June 29, 2024		June 28, 2025		June 29, 2024
Motion Technologies	$	1,301.4	$	1,186.6	$	37.4	$	34.4	$	28.9	$	31.3
Industrial Process	1,992.6		1,819.8		9.7		10.8		19.9		23.0
Connect & Control Technologies	1,336.7		1,326.8		5.8		5.3		22.0		10.4
Corporate and Other	384.5		398.1		0.3		0.4		1.9		1.3
Total	$	5,015.2	$	4,731.3	$	53.2	$	50.9	$	72.7	$	66.0