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v3.23.1

REVENUE Revenue (Tables) | 3 Months Ended
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Apr. 01, 2023 | Apr. 02, 2022
Revenue from Contract with Customer [Abstract] |  |
Disaggregation of Revenue by End Market Table | The following tables present our revenue disaggregated by end market.
For the Three Months Ended April 1, 2023 | Motion Technologies | Industrial Process | Connect & Control Technologies | Eliminations | Total
Auto and rail |  | $ | 356.0 |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | 356.0 |  |
Chemical and industrial pumps |  | — |  |  |  | 218.0 |  |  |  | — |  |  |  | — |  |  |  | 218.0 |  |
Aerospace and defense |  | 1.9 |  |  |  | — |  |  |  | 86.9 |  |  |  | — |  |  |  | 88.8 |  |
General industrial |  | 6.9 |  |  |  | — |  |  |  | 70.5 |  |  |  | (1.0) |  |  |  | 76.4 |  |
Energy |  | — |  |  |  | 48.5 |  |  |  | 10.2 |  |  |  | — |  |  |  | 58.7 |  |
Total |  | $ | 364.8 |  |  |  | $ | 266.5 |  |  |  | $ | 167.6 |  |  |  | $ | (1.0) |  |  |  | $ | 797.9 |  |
For the Three Months Ended April 2, 2022 |  |  |  |
Auto and rail |  | $ | 360.4 |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | 360.4 |  |
Chemical and industrial pumps |  | — |  |  |  | 167.2 |  |  |  | — |  |  |  | — |  |  |  | 167.2 |  |
Aerospace and defense |  | 1.5 |  |  |  | — |  |  |  | 74.9 |  |  |  | — |  |  |  | 76.4 |  |
General industrial |  | 8.2 |  |  |  | — |  |  |  | 69.7 |  |  |  | (0.7) |  |  |  | 77.2 |  |
Energy |  | — |  |  |  | 35.0 |  |  |  | 10.0 |  |  |  | — |  |  |  | 45.0 |  |
Total |  | $ | 370.1 |  |  |  | $ | 202.2 |  |  |  | $ | 154.6 |  |  |  | $ | (0.7) |  |  |  | $ | 726.2 |  |
Net Contract Assets and Liabilities Table | The following table represents our net contract assets and liabilities.
As of the Period Ended | April 1, 2023 | December 31, 2022 |  |  |
Current contract assets, net |  | $ | 27.7 |  |  |  | $ | 26.3 |  |  |  |  |  |  |
Non-current contract assets, net |  | 1.9 |  |  |  | 1.2 |  |  |  |  |  |  |
Current contract liabilities |  | (73.7) |  |  |  | (70.2) |  |  |  |  |  |  |
Non-current contract liabilities |  | (4.4) |  |  |  | (4.4) |  |  |  |  |  |  |
Net contract liabilities |  | $ | (48.5) |  |  |  | $ | (47.1) |  |  |  |  |  |  |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 + Details
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