v3.26.1
Segment Information (Tables)
 6 Months Ended
Jul. 03, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
Segment results for the three months ended July 3, 2026 were as follows:
($ in millions)Environmental & Fueling SolutionsMobility TechnologiesRepair SolutionsEliminationsTotal
Sales of products and services (a)
$366.2 $241.7 $148.8 $— $756.7 
Intersegment sales— 21.2 — (21.2)— 
Total sales366.2 262.9 148.8 (21.2)756.7 
Operating costs and expenses:
Other segment items(250.6)(207.6)(120.5)21.2 (557.5)
Segment operating profit$115.6 $55.3 $28.3 $— $199.2 
(a) Repair Solutions includes interest income related to financing receivables of $16.2 million.
Segment results for the three months ended June 27, 2025 were as follows:
($ in millions)Environmental & Fueling SolutionsMobility TechnologiesRepair SolutionsEliminationsTotal
Sales of products and services(a)
$361.6 $261.1 $150.8 $— $773.5 
Intersegment sales— 19.1 — (19.1)— 
Total sales361.6 280.2 150.8 (19.1)773.5 
Operating costs and expenses:
Other segment items(255.9)(226.7)(119.4)19.1 (582.9)
Segment operating profit$105.7 $53.5 $31.4 $— $190.6 
(a) Repair Solutions includes interest income related to financing receivables of $18.6 million.
Segment results for the six months ended July 3, 2026 were as follows:
($ in millions)Environmental & Fueling SolutionsMobility TechnologiesRepair SolutionsEliminationsTotal
Sales of products and services (a)
$711.0 $494.6 $301.7 $— $1,507.3 
Intersegment sales— 37.6 — (37.6)— 
Total sales711.0 532.2 301.7 (37.6)1,507.3 
Operating costs and expenses:
Other segment items(493.5)(432.2)(243.0)37.6 (1,131.1)
Segment operating profit$217.5 $100.0 $58.7 $— $376.2 
(a) Repair Solutions includes interest income related to financing receivables of $34.7 million.
Segment results for the six months ended June 27, 2025 were as follows:
($ in millions)Environmental & Fueling SolutionsMobility TechnologiesRepair SolutionsEliminationsTotal
Sales of products and services(a)
$691.4 $519.4 $303.8 $— $1,514.6 
Intersegment sales— 31.3 — (31.3)— 
Total sales691.4 550.7 303.8 (31.3)1,514.6 
Operating costs and expenses:
Other segment items(488.2)(445.3)(239.2)31.3 (1,141.4)
Segment operating profit$203.2 $105.4 $64.6 $— $373.2 
(a) Repair Solutions includes interest income related to financing receivables of $36.9 million.
A reconciliation of segment operating profit to earnings before income taxes for the three and six months ended July 3, 2026 and June 27, 2025 were as follows:
Three Months EndedSix Months Ended
($ in millions)July 3, 2026June 27, 2025July 3, 2026June 27, 2025
Segment operating profit$199.2 $190.6 $376.2 $373.2 
Corporate & other unallocated costs:
Amortization of acquisition-related intangible assets(15.6)(19.2)(32.7)(38.8)
Stock-based compensation expense(8.7)(8.6)(16.4)(16.1)
Restructuring and other related charges(4.5)(2.6)(9.3)(6.9)
Other unallocated expense(0.9)(3.6)(1.3)(13.2)
Corporate costs(33.3)(31.0)(56.3)(53.4)
Repair Solutions Capital Charge10.5 10.8 21.3 21.7 
Total corporate & other unallocated costs(52.5)(54.2)(94.7)(106.7)
Operating profit146.7 136.4 281.5 266.5 
Interest expense, net(16.6)(15.6)(30.3)(30.7)
Loss on sale of business(86.2)— (86.2)— 
Other non-operating expense, net(0.1)(0.1)(0.1)(4.0)
Earnings before income taxes$43.8 $120.7 $164.9 $231.8 
Depreciation expense by segment for the three and six months ended July 3, 2026 and June 27, 2025 were as follows:
Three Months EndedSix Months Ended
($ in millions)July 3, 2026June 27, 2025July 3, 2026June 27, 2025
Environmental & Fueling Solutions$3.5 $1.7 $5.9 $3.9 
Mobility Technologies6.7 10.2 18.3 19.9 
Repair Solutions0.4 0.6 0.9 1.3 
Corporate0.1 0.3 0.4 0.6 
Total$10.7 $12.8 $25.5 $25.7