v3.26.1
Segment Results (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule Of Financial Information By Reportable Segment
Three Months EndedSix Months Ended
JuneJune
(in millions)2026202520262025
Net Sales:
Aerospace & Advanced Technologies$339.1 $258.2 $657.4 $507.1 
Process Flow Technologies385.6 319.0 763.7 627.7 
TOTAL NET SALES$724.7 $577.2 $1,421.1 $1,134.8 
Cost of Sales:
Aerospace & Advanced Technologies$206.5 $152.3 $402.7 $300.1 
Process Flow Technologies210.7 182.6 429.6 354.8 
TOTAL COST OF SALES$417.2 $334.9 $832.3 $654.9 
Engineering, selling and administrative:
Aerospace & Advanced Technologies$43.7 $38.0 $94.3 $74.5 
Process Flow Technologies93.3 72.5 188.3 146.2 
Corporate26.2 28.9 61.8 55.2 
TOTAL ENGINEERING, SELLING AND ADMINISTRATIVE$163.2 $139.4 $344.4 $275.9 
Operating profit:
Aerospace & Advanced Technologies$88.9 $67.9 $160.4 $132.5 
Process Flow Technologies 81.6 63.9 145.8 126.7 
Corporate (26.2)(28.9)(61.8)(55.2)
TOTAL OPERATING PROFIT$144.3 $102.9 $244.4 $204.0 
Interest income2.1 2.9 3.7 6.1 
Interest expense(16.6)(4.3)(33.4)(8.8)
Miscellaneous income (expense), net(1.8)3.1 (1.6)2.1 
Income from continuing operations before income taxes$128.0 $104.6 $213.1 $203.4 

Three Months EndedSix Months Ended
JuneJune
(in millions)2026202520262025
Depreciation and amortization:
Aerospace & Advanced Technologies$8.6 $4.8 $16.9 $9.3 
Process Flow Technologies18.8 8.2 38.6 16.2 
Corporate— 0.1 — 0.1 
TOTAL DEPRECIATION AND AMORTIZATION$27.4 $13.1 $55.5 $25.6 
Six Months Ended
June 30,
(in millions)20262025
Capital expenditures:
Aerospace & Advanced Technologies$7.7 $13.1 
Process Flow Technologies17.6 17.2 
TOTAL CAPITAL EXPENDITURES$25.3 $30.3 
Schedule Of Assets By Segment
(in millions)June 30, 2026December 31, 2025
Assets:
Aerospace & Advanced Technologies$1,350.6 $936.3 
Process Flow Technologies2,493.3 1,326.0 
Corporate (a)
186.9 1,591.1 
TOTAL ASSETS$4,030.8 $3,853.4 
(a) For the year ended December 31, 2025, Corporate Assets include $1,223.3 million of restricted cash.
Schedule Of Goodwill By Segment
(in millions)June 30, 2026December 31, 2025
Goodwill:
Aerospace & Advanced Technologies$354.9 $248.6 
Process Flow Technologies985.3 435.3 
TOTAL GOODWILL$1,340.2 $683.9