v3.26.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 28, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Goodwill activity for each of the Company’s reportable segments, Materials Solutions (“MS”) and Advanced Purity Solutions (“APS”), was as follows at March 28, 2026 and December 31, 2025:

(In millions)MSAPSTotal
December 31, 2025$3,631.3 $315.4 $3,946.7 
Foreign currency translation— 0.9 0.9 
March 28, 2026$3,631.3 $316.3 $3,947.6 
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
Identifiable intangible assets at March 28, 2026 and December 31, 2025 consisted of the following:
March 28, 2026
(In millions)Gross carrying
amount
Accumulated
amortization
Net carrying
value
Developed technology$1,264.6 $783.9 $480.7 
Trademarks and trade names172.1 62.4 109.7 
Customer relationships630.9 361.5 269.4 
Other25.5 24.6 0.9 
$2,093.1 $1,232.4 $860.7 
December 31, 2025
(In millions)Gross carrying
amount
Accumulated
amortization
Net carrying
value
Developed technology$1,264.5 $747.3 $517.2 
Trademarks and trade names172.1 59.7 112.4 
Customer relationships630.8 354.5 276.3 
Other25.5 24.5 1.0 
$2,092.9 $1,186.0 $906.9 
Schedule of Estimated Future Amortization Expense
Future amortization expense relating to intangible assets currently recorded in the Company’s condensed consolidated balance sheets is estimated to be the following at March 28, 2026:

(In millions)Remaining 20262027202820292030ThereafterTotal
Future amortization expense$137.5 $179.8 $177.4 $111.6 $39.3 $215.1 $860.7