v3.26.1
SEGMENT INFORMATION (Tables)
6 Months Ended
Jul. 03, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
Segment results are presented as follows ($ in millions):
Three Months Ended July 3, 2026
Total
Intelligent Operating Solutions
Advanced Healthcare Solutions
Unallocated Corporate Costs and Other
Sales
$1,096.8 $758.2 $338.6 $— 
Cost of sales
(401.5)(260.7)(140.8)— 
Gross profit
695.3 497.5 197.8 — 
Operating expenses
(485.4)(294.0)(159.5)(31.9)
Operating profit (loss)
209.9 203.5 38.3 (31.9)
Non-operating income (expense), net
Interest expense, net
(35.4)— — (35.4)
Other non-operating income (expense), net
5.0 — — 5.0 
Earnings from continuing operations before income taxes
$179.5 $203.5 $38.3 $(62.3)
Depreciation and amortization expenses
$(113.5)$(64.1)$(49.2)$(0.2)
Capital expenditures
$(28.1)$(20.0)$(8.1)$— 
Three Months Ended June 27, 2025
Total
Intelligent Operating Solutions
Advanced Healthcare Solutions
Unallocated Corporate Costs and Other
Sales
$1,016.4 $696.9 $319.5 $— 
Cost of sales
(370.9)(240.9)(130.0)— 
Gross profit
645.5 456.0 189.5 — 
Operating expenses
(475.7)(285.2)(153.7)(36.8)
Operating profit (loss)
169.8 170.8 35.8 (36.8)
Non-operating income (expense), net
Interest expense, net
(32.1)— — (32.1)
Other non-operating income (expense), net
1.9 — — 1.9 
Earnings from continuing operations before income taxes
$139.6 $170.8 $35.8 $(67.0)
Depreciation and amortization expenses
$(109.2)$(58.6)$(50.3)$(0.3)
Capital expenditures
$(25.0)$(20.1)$(4.9)$— 
Six Months Ended July 3, 2026
Total
Intelligent Operating Solutions
Advanced Healthcare Solutions
Unallocated Corporate Costs and Other
Sales
$2,166.2 $1,501.4 $664.8 $— 
Cost of sales
(795.4)(520.1)(275.3)— 
Gross profit
1,370.8 981.3 389.5 — 
Operating expenses
(969.2)(591.6)(318.5)(59.1)
Operating profit (loss)
401.6 389.7 71.0 (59.1)
Non-operating income (expense), net
Interest expense, net
(67.0)— — (67.0)
Other non-operating income (expense), net
8.5 — — 8.5 
Earnings from continuing operations before income taxes
$343.1 $389.7 $71.0 $(117.6)
Depreciation and amortization expenses
$(227.1)$(126.5)$(100.0)$(0.6)
Capital expenditures$(54.7)$(40.7)$(14.0)$— 
Six Months Ended June 27, 2025
Total
Intelligent Operating Solutions
Advanced Healthcare Solutions
Unallocated Corporate Costs and Other
Sales
$2,009.5 $1,387.8 $621.7 $— 
Cost of sales
(726.5)(472.4)(254.1)— 
Gross profit
1,283.0 915.4 367.6 — 
Operating expenses
(947.9)(570.0)(310.1)(67.8)
Operating profit (loss)
335.1 345.4 57.5 (67.8)
Non-operating income (expense), net
Interest expense, net
(64.1)— — (64.1)
Other non-operating income (expense), net
2.3 — — 2.3 
Earnings from continuing operations before income taxes
$273.3 $345.4 $57.5 $(129.6)
Depreciation and amortization expenses
$(217.2)$(116.8)$(99.8)$(0.6)
Capital expenditures$(46.1)$(37.1)$(8.9)$(0.1)
Segment Assets:
As of
($ in millions)July 3, 2026December 31, 2025
Intelligent Operating Solutions$6,243.7 $6,346.0 
Advanced Healthcare Solutions4,832.6 4,861.6 
Total segment assets11,076.3 11,207.6 
Other (a)
533.8 509.3 
Total assets, discontinued operations4.9 20.8 
Total assets$11,615.0 $11,737.7 
(a) Other represents corporate assets which consist primarily of cash, property, plant, and equipment, and net deferred income tax assets.