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v3.23.2

REVENUE Revenue (Tables) | 6 Months Ended
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Jul. 01, 2023 | Jul. 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 July 1, 2023 | Motion Technologies |  | Industrial Process |  | Connect & Control Technologies |  | Eliminations |  | Total
Auto and rail | $ | 360.0 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 360.0 |
Chemical and industrial pumps | — |  |  | 226.5 |  |  | — |  |  | — |  |  | 226.5 |
Aerospace and defense | 2.0 |  |  | — |  |  | 94.1 |  |  | — |  |  | 96.1 |
General industrial | 6.8 |  |  | — |  |  | 64.2 |  |  | (0.7) |  |  | 70.3 |
Energy | — |  |  | 67.1 |  |  | 13.9 |  |  | — |  |  | 81.0 |
Total | $ | 368.8 |  |  | $ | 293.6 |  |  | $ | 172.2 |  |  | $ | (0.7) |  |  | $ | 833.9 |
For the Six Months Ended July 1, 2023 |  |  |  |  |  |  |  |  |
Auto and rail | $ | 716.0 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 716.0 |
Chemical and industrial pumps | — |  |  | 444.5 |  |  | — |  |  | — |  |  | 444.5 |
Aerospace and defense | 3.9 |  |  | — |  |  | 181.0 |  |  | — |  |  | 184.9 |
General industrial | 13.7 |  |  | — |  |  | 134.7 |  |  | (1.7) |  |  | 146.7 |
Energy | — |  |  | 115.6 |  |  | 24.1 |  |  | — |  |  | 139.7 |
Total | $ | 733.6 |  |  | $ | 560.1 |  |  | $ | 339.8 |  |  | $ | (1.7) |  |  | $ | 1,631.8 |
For the Three Months Ended July 2, 2022 |  |  |  |  |  |  |  |  |
Auto and rail | $ | 320.3 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 320.3 |
Chemical and industrial pumps | — |  |  | 196.6 |  |  | — |  |  | — |  |  | 196.6 |
General industrial | 8.5 |  |  | — |  |  | 74.5 |  |  | (0.8) |  |  | 82.2 |
Aerospace and defense | 2.5 |  |  | — |  |  | 78.3 |  |  | — |  |  | 80.8 |
Energy | — |  |  | 43.0 |  |  | 10.4 |  |  | — |  |  | 53.4 |
Total | $ | 331.3 |  |  | $ | 239.6 |  |  | $ | 163.2 |  |  | $ | (0.8) |  |  | $ | 733.3 |
For the Six Months Ended July 2, 2022 |  |  |  |  |  |  |  |  |
Auto and rail | $ | 680.7 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 680.7 |
Chemical and industrial pumps | — |  |  | 363.8 |  |  | — |  |  | — |  |  | 363.8 |
General industrial | 16.7 |  |  | — |  |  | 144.2 |  |  | (1.5) |  |  | 159.4 |
Aerospace and defense | 4.0 |  |  | — |  |  | 153.2 |  |  | — |  |  | 157.2 |
Energy | — |  |  | 78.0 |  |  | 20.4 |  |  | — |  |  | 98.4 |
Total | $ | 701.4 |  |  | $ | 441.8 |  |  | $ | 317.8 |  |  | $ | (1.5) |  |  | $ | 1,459.5 |
Net Contract Assets and Liabilities Table | The following table represents our net contract assets and liabilities.
As of the Period Ended | July 1, 2023 |  | December 31, 2022 |  |  |
Current contract assets, net | $ | 28.1 |  |  | $ | 26.3 |  |  |  |  |  |
Non-current contract assets, net | 2.3 |  |  | 1.2 |  |  |  |  |  |
Current contract liabilities | (83.2) |  |  | (70.2) |  |  |  |  |  |
Non-current contract liabilities | (4.4) |  |  | (4.4) |  |  |  |  |  |
Net contract liabilities | $ | (57.2) |  |  | $ | (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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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