v3.26.1
ACCRUED AND OTHER CURRENT LIABILITIES AND OTHER NON-CURRENT LIABILITIES (Tables)
6 Months Ended
Jul. 04, 2026
Payables and Accruals [Abstract]  
Accrued Liabilities and Other Non-Current Liabilities
The following table summarizes our accrued liabilities and other non-current liabilities.
As of the Period EndedJuly 4,
2026
December 31, 2025
Compensation and other employee-related benefits$217.3 $178.3 
Contract liabilities and other customer-related liabilities322.7 220.8 
Accrued income taxes and other tax-related liabilities58.3 46.4 
Operating lease liabilities34.3 24.4 
Accrued warranty costs34.5 23.5 
Environmental liabilities and other legal matters14.4 14.4 
Accrued restructuring costs8.4 3.7 
Other75.7 60.5 
Accrued and other current liabilities$765.6 $572.0 
Deferred income taxes and other tax-related liabilities(a)
$728.8 $82.5 
Operating lease liabilities
72.2 60.0 
Environmental liabilities45.3 45.0 
Compensation and other employee-related benefits47.2 40.7 
Other59.4 51.1 
Other non-current liabilities$952.9 $279.3 
(a)The increase in deferred tax liabilities primarily relates to purchase accounting adjustments recorded in connection with the acquisition of SPX FLOW. See Note 6, Income Taxes, for additional information.
Supplier Finance Program
The following table displays a rollforward of our supply chain financing obligations which is included within Accounts payable in our Consolidated Condensed Balance Sheets.
July 4,
2026
June 28,
2025
Confirmed obligations outstanding at the beginning of the year $11.7 $11.3 
Invoices confirmed in the year36.1 32.9 
Payments applied towards invoices(38.5)(22.7)
Foreign currency translation
0.3 0.7 
Confirmed obligations outstanding at the end of period
$9.6 $22.2