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v3.25.1

Goodwill and Acquired Intangible Assets (Tables) | 3 Months Ended
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Mar. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The carrying value of goodwill by segment was as follows (in millions):
| Digital Imaging |  | Instrumentation |  | Aerospace and Defense Electronics |  | Engineered Systems |  | Total
Balance at December 29, 2024 | $ | 6,854.6 |  |  | $ | 955.3 |  |  | $ | 163.0 |  |  | $ | 17.6 |  |  | $ | 7,990.5 |
Current year acquisitions | — |  |  | — |  |  | 456.6 |  |  | — |  |  | 456.6 |
Foreign currency changes and other | 63.6 |  |  | 10.6 |  |  | 12.7 |  |  | — |  |  | 86.9 |
Balance at March 30, 2025 | $ | 6,918.2 |  |  | $ | 965.9 |  |  | $ | 632.3 |  |  | $ | 17.6 |  |  | $ | 8,534.0 |
Schedule of Carrying Value of Acquired Finite-Lived Intangible Assets | Acquired intangible assets consisted of the following (in millions):
|  | March 30, 2025 |  | December 29, 2024
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Proprietary technology |  | $ | 1,830.5 |  |  | $ | 859.1 |  |  | $ | 971.4 |  |  | $ | 1,665.5 |  |  | $ | 796.6 |  |  | $ | 868.9 |
Customer list/relationships |  | 655.6 |  |  | 266.3 |  |  | 389.3 |  |  | 599.3 |  |  | 252.9 |  |  | 346.4 |
Patents |  | 0.6 |  |  | 0.6 |  |  | — |  |  | 0.6 |  |  | 0.6 |  |  | — |
Non-compete agreements |  | 0.9 |  |  | 0.9 |  |  | — |  |  | 0.9 |  |  | 0.9 |  |  | — |
Trademarks |  | 48.4 |  |  | 9.4 |  |  | 39.0 |  |  | 12.2 |  |  | 7.7 |  |  | 4.5 |
Backlog |  | 16.2 |  |  | 16.2 |  |  | — |  |  | 16.0 |  |  | 16.0 |  |  | — |
Total intangibles subject to amortization |  | 2,552.2 |  |  | 1,152.5 |  |  | 1,399.7 |  |  | 2,294.5 |  |  | 1,074.7 |  |  | 1,219.8 |
Intangibles not subject to amortization: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  | 788.1 |  |  | — |  |  | 788.1 |  |  | 793.1 |  |  | — |  |  | 793.1 |
Total acquired intangible assets |  | $ | 3,340.3 |  |  | $ | 1,152.5 |  |  | $ | 2,187.8 |  |  | $ | 3,087.6 |  |  | $ | 1,074.7 |  |  | $ | 2,012.9 |
Schedule of Carrying Value of Acquired Indefinite-Lived Intangible Assets | Acquired intangible assets consisted of the following (in millions):
|  | March 30, 2025 |  | December 29, 2024
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Proprietary technology |  | $ | 1,830.5 |  |  | $ | 859.1 |  |  | $ | 971.4 |  |  | $ | 1,665.5 |  |  | $ | 796.6 |  |  | $ | 868.9 |
Customer list/relationships |  | 655.6 |  |  | 266.3 |  |  | 389.3 |  |  | 599.3 |  |  | 252.9 |  |  | 346.4 |
Patents |  | 0.6 |  |  | 0.6 |  |  | — |  |  | 0.6 |  |  | 0.6 |  |  | — |
Non-compete agreements |  | 0.9 |  |  | 0.9 |  |  | — |  |  | 0.9 |  |  | 0.9 |  |  | — |
Trademarks |  | 48.4 |  |  | 9.4 |  |  | 39.0 |  |  | 12.2 |  |  | 7.7 |  |  | 4.5 |
Backlog |  | 16.2 |  |  | 16.2 |  |  | — |  |  | 16.0 |  |  | 16.0 |  |  | — |
Total intangibles subject to amortization |  | 2,552.2 |  |  | 1,152.5 |  |  | 1,399.7 |  |  | 2,294.5 |  |  | 1,074.7 |  |  | 1,219.8 |
Intangibles not subject to amortization: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  | 788.1 |  |  | — |  |  | 788.1 |  |  | 793.1 |  |  | — |  |  | 793.1 |
Total acquired intangible assets |  | $ | 3,340.3 |  |  | $ | 1,152.5 |  |  | $ | 2,187.8 |  |  | $ | 3,087.6 |  |  | $ | 1,074.7 |  |  | $ | 2,012.9 |

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