v3.26.1
SEGMENT INFORMATION (Tables)
6 Months Ended
Jul. 04, 2026
Jun. 28, 2025
Segment Reporting [Abstract]    
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 July 4, 2026Flow Technologies
Motion Technologies
Connect & Control Technologies
Total
Revenue
$792.5 $386.0 $295.7 $1,474.2 
Other / Eliminations
(1.1)
Consolidated revenue
$1,473.1 
Costs of revenue(a)
518.5 263.0 182.8 
Selling, general and administrative expenses(a)
140.5 27.1 38.0 
Research and development expenses(a)
11.2 13.611.1 
Intangible amortization(a)
59.4 0.2 3.0 
Segment operating income$62.9 $82.1 $60.8 $205.8 
Corporate and other(25.5)
Interest expense(49.7)
Interest income3.8 
Other non-operating income, net0.8 
Income from continuing operations before income tax$135.2 
Six Months Ended July 4, 2026Flow Technologies
Motion Technologies
Connect & Control Technologies
Total
Revenue$1,329.9 $783.2 $574.2 $2,687.3 
Other / Eliminations
(2.3)
Consolidated revenue$2,685.0 
Costs of revenue(a)
848.2 541.1 359.4 
Selling, general and administrative expenses(a)
235.349.874.6
Research and development expenses(a)
19.026.223.7
Intangible amortization(a)
82.4 0.5 6.4 
Segment operating income$145.0 $165.6 $110.1 $420.7 
Corporate and other
(99.1)
Interest expense(74.5)
Interest income14.2 
Other non-operating income, net2.7 
Income from continuing operations before income tax$264.0 
Three Months Ended June 28, 2025
Flow Technologies
Motion TechnologiesConnect & Control TechnologiesTotal
Revenue$355.9 $365.7 $251.9 $973.5 
Other / Eliminations
(1.1)
Consolidated revenue$972.4 
Costs of revenue(a)
210.7 254.1 157.7 
Selling, general and administrative expenses(a)
59.3 28.4 32.6
Research and development expenses(a)
5.011.79.7
Intangible amortization(a)
4.3 0.3 7.0 
Segment operating income$76.6 $71.2 $44.9 $192.7 
Corporate and other(17.6)
Interest expense(12.6)
Interest income2.4 
Other non-operating expense, net(0.7)
Income from continuing operations before income tax$164.2 
Six Months Ended June 28, 2025
Revenue$689.2 $711.8 $486.6 $1,887.6 
Other / Eliminations
(2.2)
Consolidated revenue$1,885.4 
Costs of revenue(a)
409.7 493.9 310.0 
Selling, general and administrative expenses(a)
118.555.563.7
Research and development expenses(a)
9.823.118.0
Intangible amortization(a)
11.10.514.0
Segment operating income$140.1 $138.8 $80.9 $359.8 
Corporate and other
(33.8)
Interest expense(21.9)
Interest income4.1 
Other non-operating income, net0.3 
Income from continuing operations before income tax$308.5 
(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 EndedSix Months Ended
July 4,
2026
June 28,
2025
July 4,
2026
June 28,
2025
Flow Technologies(a)
7.9 %21.5 %10.9 %20.3 %
Motion Technologies21.3 %19.5 %21.1 %19.5 %
Connect & Control Technologies20.6 %17.8 %19.2 %16.6 %
(a)Operating margin for Flow Technologies decreased for the three and six months ended July 4, 2026 primarily due to acquisition-related impacts associated with the SPX FLOW acquisition.
 
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 AssetsCapital
Expenditures
Depreciation &
Amortization
July 4,
2026
December 31, 2025July 4,
2026
June 28,
2025
July 4,
2026
June 28,
2025
Flow Technologies(b)
$8,013.8 $1,993.2 $13.0 $9.7 $101.6 $19.9 
Motion Technologies1,263.5 1,257.3 30.4 37.4 31.1 28.9 
Connect & Control Technologies1,392.2 1,332.5 11.2 5.8 14.7 22.0 
Corporate and Other(c)
366.8 1,727.4 0.6 0.3 2.2 1.9 
Total$11,036.3 $6,310.4 $55.2 $53.2 $149.6 $72.7