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Information on Business Segments (Tables)
12 Months Ended
Dec. 28, 2024
Segment Reporting [Abstract]  
Net Sales and Operating Income by Segment

(In millions)

 

Water

 

 

 

Outdoors

 

 

Security

 

 

Total 2024

 

Net sales

 

$

2,564.6

 

 

 

$

1,350.1

 

 

$

694.3

 

 

$

4,609.0

 

Depreciation

 

 

44.2

 

 

 

 

54.3

 

 

 

20.0

 

 

 

118.5

 

Amortization of Intangibles

 

 

39.5

 

 

 

 

30.0

 

 

 

3.6

 

 

 

73.1

 

Restructuring and other charges

 

 

8.5

 

 

 

 

19.8

 

 

 

11.5

 

 

 

39.8

 

Other segment Items (1)

 

 

1,877.3

 

 

 

 

1,048.0

 

 

 

558.8

 

 

 

3,484.1

 

Unallocated Expenses

 

 

 

 

 

 

 

 

 

 

 

 

155.6

 

Total operating income

 

$

595.1

 

 

 

$

198.0

 

 

$

100.4

 

 

$

737.9

 

(1) Other segment items recognized during the year ended December 28, 2024 include cost of sales and selling, general, and administrative expenses.

 

(In millions)

 

Water

 

 

 

Outdoors

 

 

Security

 

 

Total 2023

 

Net sales

 

$

2,562.2

 

 

 

$

1,341.1

 

 

$

722.9

 

 

$

4,626.2

 

Depreciation

 

 

40.4

 

 

 

 

34.5

 

 

 

29.8

 

 

 

104.7

 

Amortization of Intangibles

 

 

28.9

 

 

 

 

30.0

 

 

 

3.2

 

 

 

62.1

 

Restructuring and other charges

 

 

4.8

 

 

 

 

4.1

 

 

 

44.6

 

 

 

53.5

 

Other segment Items (1)

 

 

1,913.8

 

 

 

 

1,139.0

 

 

 

582.9

 

 

 

3,635.7

 

Unallocated Expenses

 

 

 

 

 

 

 

 

 

 

 

 

155.3

 

Total operating income

 

$

574.3

 

 

 

$

133.5

 

 

$

62.4

 

 

$

614.9

 

(1) Other segment items recognized during the year ended December 30, 2023 include cost of sales and selling, general, and administrative expenses.

 

(In millions)

 

Water

 

 

 

Outdoors

 

 

Security

 

 

Total 2022

 

Net sales

 

$

2,570.2

 

 

 

$

1,517.4

 

 

$

635.4

 

 

$

4,723.0

 

Depreciation

 

 

34.9

 

 

 

 

32.3

 

 

 

13.2

 

 

 

80.4

 

Amortization of Intangibles

 

 

16.2

 

 

 

 

30.2

 

 

 

1.9

 

 

 

48.3

 

Restructuring and other charges

 

 

6.9

 

 

 

 

18.3

 

 

 

0.6

 

 

 

25.8

 

Other segment Items (1)

 

 

1,897.6

 

 

 

 

1,242.4

 

 

 

524.3

 

 

 

3,664.3

 

Unallocated Expenses

 

 

 

 

 

 

 

 

 

 

 

 

129.9

 

Total operating income

 

$

614.6

 

 

 

$

194.2

 

 

$

95.4

 

 

$

774.3

 

(1) Other segment items recognized during the year ended December 31, 2022 include cost of sales and selling, general, and administrative expenses.

(In millions)

 

2024

 

 

 

2023

 

 

 

2022

 

Total assets:

 

 

 

 

 

 

 

 

 

 

 

Water

 

$

3,539.2

 

 

 

$

3,492.2

 

 

 

$

2,674.4

 

Outdoors

 

 

2,169.3

 

 

 

 

2,205.3

 

 

 

 

2,214.6

 

Security

 

 

649.7

 

 

 

 

721.0

 

 

 

 

605.4

 

Corporate

 

 

203.6

 

 

 

 

146.5

 

 

 

 

626.5

 

Total assets

 

$

6,561.8

 

 

 

$

6,565.0

 

 

 

$

6,120.9

 

Capital expenditures:

 

 

 

 

 

 

 

 

 

 

 

Water

 

$

72.6

 

 

 

$

104.7

 

 

 

$

52.1

 

Outdoors

 

 

64.4

 

 

 

 

140.0

 

 

 

 

120.2

 

Security

 

 

21.5

 

 

 

 

10.4

 

 

 

 

17.9

 

Corporate

 

 

34.8

 

 

 

 

1.4

 

 

 

 

 

Capital expenditures, gross

 

 

193.3

 

 

 

 

256.5

 

 

 

 

190.2

 

Less: proceeds from disposition of assets

 

 

(26.9

)

 

 

 

(2.8

)

 

 

 

(8.2

)

Capital expenditures, net

 

$

166.4

 

 

 

$

253.7

 

 

 

$

182.0

 

Net sales by geographic region (a):

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

3,809.0

 

 

 

$

3,708.0

 

 

 

$

3,763.6

 

China

 

 

233.6

 

 

 

 

335.2

 

 

 

 

363.9

 

Canada

 

 

344.5

 

 

 

 

352.4

 

 

 

 

368.2

 

Other international

 

 

221.9

 

 

 

 

230.6

 

 

 

 

227.3

 

Net sales

 

$

4,609.0

 

 

 

$

4,626.2

 

 

 

$

4,723.0

 

Property, plant and equipment, net:

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

816.4

 

 

 

$

798.0

 

 

 

$

673.5

 

Mexico

 

 

59.0

 

 

 

 

62.9

 

 

 

 

55.9

 

Canada

 

 

6.7

 

 

 

 

7.6

 

 

 

 

7.3

 

China

 

 

14.5

 

 

 

 

17.3

 

 

 

 

20.1

 

Other international

 

 

102.6

 

 

 

 

89.2

 

 

 

 

26.9

 

Property, plant and equipment, net

 

$

999.2

 

 

 

$

975.0

 

 

 

$

783.7

 

 

 

(a)
Based on country of destination.