XML 85 R73.htm IDEA: XBRL DOCUMENT v3.22.4
Information on Reportable Segments - Financial Data (Details) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Nov. 01, 2022
Dec. 31, 2022
Oct. 01, 2022
Jul. 02, 2022
Apr. 02, 2022
Dec. 31, 2021
Oct. 02, 2021
Jul. 03, 2021
Apr. 03, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:                        
Revenues   $ 429.3 $ 370.5 $ 354.0 $ 307.1 $ 350.0 $ 285.7 $ 296.6 $ 287.2 $ 1,460.9 $ 1,219.5 $ 1,128.1
Income:                        
Consolidated operating income                   51.0 73.7 96.9
Amortization of intangible assets                   28.5 21.6 14.0
Impairment of goodwill and intangible assets                   13.4 30.0 0.7
Special charges, net                   0.4 1.0 2.4
Other operating (income) expense, net                   (74.9) 4.1 (9.0)
Capital expenditures:                        
Total capital expenditures                   15.9 9.6 15.3
Depreciation and amortization:                        
Total depreciation and amortization                   46.4 42.3 31.9
Identifiable assets:                        
Total identifiable assets   1,930.9       2,628.6       1,930.9 2,628.6 2,333.7
Tangible Long-Lived Assets:                        
Long-lived assets of continuing operations   310.0       800.2       310.0 800.2 722.4
Long-lived assets of discontinued operations, DBT and Heat Transfer   19.3       28.0       19.3 28.0 109.1
Total tangible long-lived assets   329.3       828.2       329.3 828.2 831.5
Integration related costs                   1.9 3.3 1.3
Non-cash asset write-downs   13.4       5.7       0.3 0.0 0.4
Recorded charges related to asbestos product liability matters     $ 21.7     46.3       24.2 51.2 21.3
ULC Robotics                        
Income:                        
Impairment of goodwill and intangible assets   12.9       5.2       12.9 29.5  
Cost of Sales                        
Income:                        
Acquisition related and other costs                   1.1 2.6 0.3
Impairment of goodwill and intangible assets                     1.8  
Tangible Long-Lived Assets:                        
Integration related costs                     0.7 1.0
ULC Robotics                        
Income:                        
Impairment of goodwill and intangible assets             24.3       24.3 0.7
Tangible Long-Lived Assets:                        
Non-cash asset write-downs                   0.5 0.5  
Contingent consideration, reversal of liability           24.3 $ 24.3       24.3  
Enterprise Control Systems Ltd                        
Tangible Long-Lived Assets:                        
Contingent consideration, reversal of liability   0.0       1.5       0.0 1.5  
Discontinued operations                        
Identifiable assets:                        
Discontinued operations   42.9       52.2       42.9 52.2 387.0
Disposed of by Sale | Canvas Holdco LLC                        
Tangible Long-Lived Assets:                        
Loss on Asbestos Portfolio Sale $ 73.9 73.9               73.9    
United States                        
Revenues:                        
Revenues                   1,223.5 991.5 935.7
Tangible Long-Lived Assets:                        
Total tangible long-lived assets   275.0       762.4       275.0 762.4 695.6
China                        
Revenues:                        
Revenues                   51.0 57.9 41.7
United Kingdom                        
Revenues:                        
Revenues                   96.5 80.1 88.4
Other                        
Revenues:                        
Revenues                   89.9 90.0 62.3
Tangible Long-Lived Assets:                        
Total tangible long-lived assets   35.0       37.8       35.0 37.8 26.8
Operating Segments                        
Revenues:                        
Revenues                   1,460.9 1,219.5 1,128.1
Income:                        
Consolidated operating income                   249.6 200.6 187.1
Corporate                        
Income:                        
Corporate expense                   68.6 60.5 49.7
Special charges, net                       1.6
Capital expenditures:                        
Total capital expenditures                   1.2 0.9 5.6
Depreciation and amortization:                        
Total depreciation and amortization                   2.4 2.8 3.3
Identifiable assets:                        
Total identifiable assets   114.6       406.4       114.6 406.4 45.6
Tangible Long-Lived Assets:                        
Non-cash asset write-downs                   0.0 0.0 0.4
Segment Reconciling Items                        
Income:                        
Acquisition related and other costs                   1.9 5.1 1.3
Long-term incentive compensation expense                   10.9 12.8 13.1
Impairment of goodwill and intangible assets                   13.4 30.0 0.7
Special charges, net                   0.4 1.0 2.4
Other operating (income) expense, net                   74.9 (4.1) 9.0
Identifiable assets:                        
Insurance recovery assets   0.0       526.2       0.0 526.2 496.4
Tangible Long-Lived Assets:                        
Recorded charges related to asbestos product liability matters                   2.3 26.3 9.4
Gain on contract termination                     0.4  
Segment Reconciling Items | Enterprise Control Systems Ltd                        
Tangible Long-Lived Assets:                        
Contingent consideration, reversal of liability   1.3       6.7       1.3 6.7  
Segment Reconciling Items | Sensors & Software Inc                        
Tangible Long-Lived Assets:                        
Contingent consideration, reversal of liability           0.6         0.6  
HVAC reportable segment                        
Revenues:                        
Revenues                   913.8 752.1 740.8
HVAC reportable segment | Operating Segments                        
Revenues:                        
Revenues                   913.8 752.1 740.8
Income:                        
Consolidated operating income                   135.5 107.7 106.2
Special charges, net                   0.1 0.1 0.5
Capital expenditures:                        
Total capital expenditures                   10.1 5.3 7.0
Depreciation and amortization:                        
Total depreciation and amortization                   20.5 11.5 11.0
Identifiable assets:                        
Total identifiable assets   853.3       808.4       853.3 808.4 632.2
Tangible Long-Lived Assets:                        
Non-cash asset write-downs                   0.0 0.0 0.0
Detection and Measurement reportable segment                        
Revenues:                        
Revenues                   547.1 467.4 387.3
Detection and Measurement reportable segment | Operating Segments                        
Revenues:                        
Revenues                   547.1 467.4 387.3
Income:                        
Consolidated operating income                   114.1 92.9 80.9
Special charges, net                   0.3 0.9 0.3
Capital expenditures:                        
Total capital expenditures                   4.6 3.4 2.7
Depreciation and amortization:                        
Total depreciation and amortization                   23.5 28.0 17.6
Identifiable assets:                        
Total identifiable assets   $ 920.1       $ 835.4       920.1 835.4 772.5
Tangible Long-Lived Assets:                        
Non-cash asset write-downs                   $ 0.3 $ 0.0 $ 0.0