ACQUISITIONS Acquisitions (Tables)

6 Months Ended

Jun. 28, 2025

Business Combination, Recognized Asset Acquired and Liability Assumed


Allocation of Purchase Price	Preliminary 12/31/2024		YTD 2025 Adjustment		Preliminary 6/28/2025
Receivables	$	26.7	$	(0.3)	$	26.4
Inventory	48.0		(7.9)		40.1
Plant, property and equipment	9.4		(0.1)		9.3
Goodwill(a)	244.3		2.8		247.1
Other intangible assets	185.1		—		185.1
Other assets	10.3		(0.3)		10.0
Accounts payable and accrued liabilities	(28.5)		(0.8)		(29.3)
Other liabilities	(30.5)		4.9		(25.6)
Contract liabilities	(3.0)		—		(3.0)
Net assets acquired	$	461.8	$	(1.7)	$	460.1

(a) Goodwill acquired with kSARIA is primarily attributable to the complementary nature of its product portfolio to ITT’s existing connectors portfolio and is not expected to be deductible for income tax purposes.