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Accrued and Other Liabilities (Tables) | 6 Months Ended
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Jul. 03, 2026
Accrued Liabilities [Abstract] |
Schedule of Accrued and Other Liabilities | Accrued and Other liabilities in the Consolidated and Condensed Balance Sheets consisted of the following:
| July 3, 2026 |  | December 31, 2025
| Current |  | Noncurrent |  | Current |  | Noncurrent
| (In thousands)
Accrued taxes and deferred tax liabilities | $ | 57,260 |  |  | $ | 329,359 |  |  | $ | 53,728 |  |  | $ | 182,898 |
Compensation and related benefits | 82,042 |  |  | 50,770 |  |  | 68,535 |  |  | 52,706 |
Asbestos liability | 43,069 |  |  | 255,857 |  |  | 42,242 |  |  | 269,829 |
Contract liabilities | 40,691 |  |  | — |  |  | 19,663 |  |  | — |
Lease liabilities | 26,106 |  |  | 116,101 |  |  | 22,081 |  |  | 88,141 |
Warranty liability | 12,896 |  |  | — |  |  | 12,573 |  |  | — |
Third-party commissions | 13,798 |  |  | — |  |  | 19,371 |  |  | — |
Restructuring liability | 12,896 |  |  | 146 |  |  | 17,297 |  |  | 319 |
Accrued interest | 24,166 |  |  | — |  |  | 8,570 |  |  | — |
Dividends payable | 8,886 |  |  | — |  |  | 6,098 |  |  | — |
Other | 43,829 |  |  | 55,804 |  |  | 31,828 |  |  | 63,343 |
| $ | 365,639 |  |  | $ | 808,037 |  |  | $ | 301,986 |  |  | $ | 657,236 |
Schedule of Product Warranty Liability | A summary of the activity in the Company’s warranty liability included in Accrued liabilities in the Company’s Consolidated and Condensed Balance Sheets is as follows:
| Six Months Ended
| July 3, 2026 |  | July 4, 2025
| (In thousands)
Warranty liability, beginning of period | $ | 12,573 |  |  | $ | 12,794 |
Accrued warranty expense | 4,844 |  |  | 4,428 |
Changes in estimates related to pre-existing warranties | 1,031 |  |  | 697 |
Cost of warranty service work performed | (5,966) |  |  | (6,125) |
Foreign exchange translation effect and other | 414 |  |  | 1,474 |
Warranty liability, end of period | $ | 12,896 |  |  | $ | 13,268 |
Schedule of Restructuring Reserve by Type of Cost | A summary of the activity in the Company’s restructuring liability included in Accrued liabilities and Other liabilities in the Consolidated and Condensed Balance Sheets is as follows:
| Six Months Ended July 3, 2026
| Balance at Beginning of Period |  |  |  | Charges |  | Payments |  | Foreign Currency Translation and Other |  | Balance at End of Period
| (In thousands)
Americas: |  |  |  |  |  |  |  |  |  |  |
Termination benefits(1) | $ | 8,827 |  |  |  |  | $ | 423 |  |  | $ | (2,245) |  |  | $ | (75) |  |  | $ | 6,930 |
Facility closure costs and other(2) | 1,677 |  |  |  | 16,306 |  |  | (15,686) |  |  | — |  |  | 2,297 |
Subtotal | 10,504 |  |  |  |  | 16,729 |  |  | (17,931) |  |  | (75) |  |  | 9,227 |
Non-cash charges(2) |  |  |  |  | 10,534 |  |  |  |  |  |  |
|  |  |  |  | 27,263 |  |  |  |  |  |  |
EMEA & APAC: |  |  |  |  |  |  |  |  |  |  |
Termination benefits(1) | 6,223 |  |  |  |  | 136 |  |  | (3,041) |  |  | (31) |  |  | 3,287 |
Facility closure costs and other(2) | 889 |  |  |  | 1,079 |  |  | (1,440) |  |  | — |  |  | 528 |
Subtotal | 7,112 |  |  |  |  | 1,215 |  |  | (4,481) |  |  | (31) |  |  | 3,815 |
Non-cash charges |  |  |  |  | — |  |  |  |  |  |  |
|  |  |  |  | 1,215 |  |  |  |  |  |  |
Total | $ | 17,616 |  |  |  |  | 17,944 |  |  | $ | (22,412) |  |  | $ | (106) |  |  | $ | 13,042 |
Non-cash charges(2) |  |  |  |  | 10,534 |  |  |  |  |  |  |
Total Provision |  |  |  |  | $ | 28,478 |  |  |  |  |  |  |
(1) I ncludes severance and other termination benefits, including outplacement services. (2) I ncludes the cost of relocating associates, relocating equipment, lease termination expenses, impairment of long-lived assets, costs associated with disposing of discontinued products and other costs in connection with the closure and optimization of facilities and product lines.

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- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 460 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482425/460-10-50-8 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.b.2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 + Details
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