v3.26.3
Segment Results (Tables)
9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule Of Financial Information By Reportable Segment
Three Months EndedNine Months Ended
September 30,September 30,
(in millions)2026202520262025
Net Sales:
Aerospace & Advanced Technologies$344.1 $270.2 $1,001.5 $777.3 
Process Flow Technologies410.5 319.0 1,174.2 946.7 
TOTAL NET SALES$754.6 $589.2 $2,175.7 $1,724.0 
Cost of Sales:
Aerospace & Advanced Technologies$204.5 $162.7 $607.2 $462.8 
Process Flow Technologies235.5 175.2 665.1 530.0 
TOTAL COST OF SALES$440.0 $337.9 $1,272.3 $992.8 
Engineering, selling and administrative:
Aerospace & Advanced Technologies$54.2 $39.8 $148.5 $114.3 
Process Flow Technologies94.1 73.0 282.4 219.2 
Corporate25.7 20.1 87.5 75.3 
TOTAL ENGINEERING, SELLING AND ADMINISTRATIVE$174.0 $132.9 $518.4 $408.8 
Operating profit:
Aerospace & Advanced Technologies$85.4 $67.7 $245.8 $200.2 
Process Flow Technologies 80.9 70.8 226.7 197.5 
Corporate (25.7)(20.1)(87.5)(75.3)
TOTAL OPERATING PROFIT$140.6 $118.4 $385.0 $322.4 
Interest income1.2 2.2 4.9 8.3 
Interest expense(13.7)(1.0)(47.1)(9.8)
Miscellaneous income (expense), net(1.9)0.8 (3.5)2.9 
Income from continuing operations before income taxes$126.2 $120.4 $339.3 $323.8 
Three Months EndedNine Months Ended
September 30,September 30,
(in millions)2026202520262025
Depreciation and amortization:
Aerospace & Advanced Technologies$8.4 $4.2 $25.3 $13.5 
Process Flow Technologies18.3 8.0 56.9 24.2 
Corporate0.1 — 0.1 0.1 
TOTAL DEPRECIATION AND AMORTIZATION$26.8 $12.2 $82.3 $37.8 

Nine Months Ended
September 30,
(in millions)20262025
Capital expenditures:
Aerospace & Advanced Technologies$10.8 $17.4 
Process Flow Technologies26.6 26.3 
TOTAL CAPITAL EXPENDITURES$37.4 $43.7 
Schedule Of Assets By Segment
(in millions)September 30, 2026December 31, 2025
Assets:
Aerospace & Advanced Technologies$1,288.9 $936.3 
Process Flow Technologies2,553.8 1,326.0 
Corporate (a)
153.4 1,591.1 
TOTAL ASSETS$3,996.1 $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)September 30, 2026December 31, 2025
Goodwill:
Aerospace & Advanced Technologies$289.0 $248.6 
Process Flow Technologies1,026.7 435.3 
TOTAL GOODWILL$1,315.7 $683.9