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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 9 Months Ended
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Sep. 27, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Goodwill | The changes in the carrying amount of goodwill for the nine months ended September 27, 2025 were as follows:
| December 31, 2024 |  |  |  | Goodwill Resulting from Business Combinations (1) |  |  |  |  |  | Foreign Currency Translation |  | September 27, 2025
HVAC reportable segment |  |  |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | $ | 907.3 |  |  |  |  | $ | 80.5 |  |  |  |  |  |  | $ | 20.5 |  |  | $ | 1,008.3 |
Accumulated impairments | (326.6) |  |  |  |  | — |  |  |  |  |  |  | (10.1) |  |  | (336.7) |
Goodwill | 580.7 |  |  |  |  | 80.5 |  |  |  |  |  |  | 10.4 |  |  | 671.6 |
Detection and Measurement reportable segment |  |  |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | 426.6 |  |  |  |  | 102.8 |  |  |  |  |  |  | 10.8 |  |  | 540.2 |
Accumulated impairments | (172.8) |  |  |  |  | — |  |  |  |  |  |  | (3.0) |  |  | (175.8) |
Goodwill | 253.8 |  |  |  |  | 102.8 |  |  |  |  |  |  | 7.8 |  |  | 364.4 |
Total |  |  |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | 1,333.9 |  |  |  |  | 183.3 |  |  |  |  |  |  | 31.3 |  |  | 1,548.5 |
Accumulated impairments | (499.4) |  |  |  |  | — |  |  |  |  |  |  | (13.1) |  |  | (512.5) |
Goodwill | $ | 834.5 |  |  |  |  | $ | 183.3 |  |  |  |  |  |  | $ | 18.2 |  |  | $ | 1,036.0 |
__________________________ (1)Reflects (i) goodwill acquired with the KTS and Sigma & Omega acquisitions o f $102.8 and $75.3, respectively, and an immaterial acquisition within the HVAC reportable segment. As indicated in Note 1, the acquired assets, including goodwill, and liabilities assumed in the KTS and Sigma & Omega acquisitions have been recorded at estimates of fair value and are subject to change upon completion of acquisition accounting.
Schedule of Identifiable Intangible Assets | Identifiable intangible assets at September 27, 2025 and December 31, 2024 comprised the following:
| September 27, 2025 |  | December 31, 2024
| Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value
Intangible assets with determinable lives: (1) |  |  |  |  |  |  |  |  |  |  |
Customer relationships and contracts | $ | 555.8 |  |  | $ | (138.1) |  |  | $ | 417.7 |  |  | $ | 421.1 |  |  | $ | (103.3) |  |  | $ | 317.8 |
Technology | 273.2 |  |  | (58.2) |  |  | 215.0 |  |  | 181.7 |  |  | (41.3) |  |  | 140.4 |
Patents | 4.5 |  |  | (4.5) |  |  | — |  |  | 4.5 |  |  | (4.5) |  |  | — |
Other | 100.5 |  |  | (66.9) |  |  | 33.6 |  |  | 71.0 |  |  | (45.7) |  |  | 25.3 |
| 934.0 |  |  | (267.7) |  |  | 666.3 |  |  | 678.3 |  |  | (194.8) |  |  | 483.5 |
Trademarks with indefinite lives | 222.0 |  |  | — |  |  | 222.0 |  |  | 219.5 |  |  | — |  |  | 219.5 |
Total | $ | 1,156.0 |  |  | $ | (267.7) |  |  | $ | 888.3 |  |  | $ | 897.8 |  |  | $ | (194.8) |  |  | $ | 703.0 |
__________________________ (1)The gross carrying value of identifiable intangible assets acquired with the KTS acquisition consist of technology of $79.8, customer relationships and contracts of $70.7, definite-lived trademarks of $6.7, and customer backlog of $7.3. The gross carrying value of identifiable intangible assets acquired with the Sigma & Omega acquisition consist of customer relationships of $56.3, customer backlog of $8.9, technology of $8.5, and definite-lived trademarks of $3.9.

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