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GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables) | 6 Months Ended
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Jul. 03, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in the Carrying Amount of Goodwill Table | Goodwill The following table provides a rollforward of the carrying amount of goodwill for the six months ended July 3, 2021 by segment.
| Motion Technologies |  | Industrial Process |  | Connect & Control Technologies |  | Total
Goodwill - December 31, 2020 |  | $ | 298.1 |  |  |  |  | $ | 365.4 |  |  |  |  | $ | 281.3 |  |  |  | $ | 944.8 |
Foreign exchange translation |  | (2.4) |  |  |  |  | (5.4) |  |  |  |  | (0.7) |  |  |  | (8.5) |
Goodwill - July 3, 2021 |  | $ | 295.7 |  |  |  |  | $ | 360.0 |  |  |  |  | $ | 280.6 |  |  |  | $ | 936.3 |
Other Intangible Assets Table | Other Intangible Assets, Net Information regarding our other intangible assets is as follows:
| July 3, 2021 |  | December 31, 2020
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Intangibles |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Intangibles
Customer relationships |  | $ | 162.9 |  |  |  |  | $ | (107.9) |  |  |  |  | $ | 55.0 |  |  |  |  | $ | 163.3 |  |  |  |  | $ | (101.7) |  |  |  |  | $ | 61.6 |  |
Proprietary technology |  | 46.4 |  |  |  |  | (25.2) |  |  |  |  | 21.2 |  |  |  |  | 46.7 |  |  |  |  | (23.4) |  |  |  |  | 23.3 |  |
Patents and other |  | 16.2 |  |  |  |  | (13.2) |  |  |  |  | 3.0 |  |  |  |  | 16.2 |  |  |  |  | (11.5) |  |  |  |  | 4.7 |  |
Finite-lived intangible total |  | 225.5 |  |  |  |  | (146.3) |  |  |  |  | 79.2 |  |  |  |  | 226.2 |  |  |  |  | (136.6) |  |  |  |  | 89.6 |  |
Indefinite-lived intangibles |  | 16.6 |  |  |  |  | — |  |  |  |  | 16.6 |  |  |  |  | 16.8 |  |  |  |  | — |  |  |  |  | 16.8 |  |
Other intangible assets |  | $ | 242.1 |  |  |  |  | $ | (146.3) |  |  |  |  | $ | 95.8 |  |  |  |  | $ | 243.0 |  |  |  |  | $ | (136.6) |  |  |  |  | $ | 106.4 |  |

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- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
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