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v3.25.1

REVENUE Revenue (Tables) | 3 Months Ended
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Mar. 29, 2025 | Mar. 30, 2024
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 March 29, 2025 | Motion Technologies |  | Industrial Process |  | Connect & Control Technologies |  | Eliminations |  | Total
Auto and rail | $ | 342.8 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 342.8 |
Chemical and industrial pumps | — |  |  | 224.3 |  |  | — |  |  | — |  |  | 224.3 |
Aerospace and defense | 2.3 |  |  | — |  |  | 162.9 |  |  | — |  |  | 165.2 |
Energy | — |  |  | 109.0 |  |  | 12.6 |  |  | — |  |  | 121.6 |
General industrial | 1.0 |  |  | — |  |  | 59.2 |  |  | (1.1) |  |  | 59.1 |
Total | $ | 346.1 |  |  | $ | 333.3 |  |  | $ | 234.7 |  |  | $ | (1.1) |  |  | $ | 913.0 |
For the Three Months Ended March 30, 2024 | Motion Technologies |  | Industrial Process |  | Connect & Control Technologies |  | Eliminations |  | Total
Auto and rail | $ | 383.9 |  |  | $ | — |  |  | $ | — |  |  | $ | (0.1) |  |  | $ | 383.8 |
Chemical and industrial pumps | — |  |  | 218.9 |  |  | — |  |  | — |  |  | 218.9 |
Aerospace and defense | 1.7 |  |  | — |  |  | 104.1 |  |  | — |  |  | 105.8 |
Energy | — |  |  | 115.0 |  |  | 13.4 |  |  | — |  |  | 128.4 |
General industrial | 6.8 |  |  | — |  |  | 67.6 |  |  | (0.7) |  |  | 73.7 |
Total | $ | 392.4 |  |  | $ | 333.9 |  |  | $ | 185.1 |  |  | $ | (0.8) |  |  | $ | 910.6 |
Net Contract Assets and Liabilities Table | The following table represents our net contract assets and liabilities.
As of the Period Ended | March 29, 2025 |  | December 31, 2024 |  |  |
Current contract assets | $ | 41.4 |  |  | $ | 34.4 |  |  |  |  |  |
Non-current contract assets | 2.0 |  |  | 1.9 |  |  |  |  |  |
Current contract liabilities | (141.2) |  |  | (119.3) |  |  |  |  |  |
Non-current contract liabilities | (4.4) |  |  | (4.4) |  |  |  |  |  |
Net contract liabilities | $ | (102.2) |  |  | $ | (87.4) |  |  |  |  |  |

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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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