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SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

Segment results for the year ended December 31, 2025 were:

			Total						Test and Measurement						Sensors and Safety Systems						Unallocated Corporate Costs and Other (a)
Sales			$	2,068.8					$	801.5					$	1,267.3					$	—
Cost of sales			(1,028.5)						(357.7)						(670.8)						—
Operating expenses			(781.6)						(467.5)						(255.4)						(58.7)
Goodwill impairment			(1,441.7)						(1,441.7)						—						—
Operating (loss) profit			(1,183.0)						(1,465.4)						341.1						(58.7)
Non-operating (expense) income, net
Interest (expense) income, net			(32.3)						(0.3)						0.6						(32.6)
Other non-operating expenses, net			(1.1)						(0.3)						(0.2)						(0.6)
(Loss) earnings before income taxes			$	(1,216.4)					$	(1,466.0)					$	341.5					$	(91.9)
Depreciation and amortization expenses			$	(115.5)					$	(101.6)					$	(13.8)					$	(0.1)
Capital expenditures			$	(39.2)					$	(18.9)					$	(15.8)					$	(4.5)
(a) Amounts primarily related to standalone public company costs and the stock-based compensation modification.

Segment results for the year ended December 31, 2024 were:

			Total						Test and Measurement						Sensors and Safety Systems						Unallocated Corporate Costs and Other
Sales			$	2,154.7					$	937.5					$	1,217.2					$	—
Cost of sales			(1,042.6)						(383.3)						(659.3)						—
Operating expenses			(715.6)						(494.5)						(221.1)						—
Gain from sale of property (a)			63.1						63.1						—						—
Operating profit			459.6						122.8						336.8						—
Non-operating expense, net
Loss from divestiture			(25.6)						—						(25.6)						—
Other non-operating expenses, net			(1.4)						(0.7)						(0.7)						—
Earnings before income taxes			$	432.6					$	122.1					$	310.5					$	—
Depreciation and amortization expenses			$	(113.0)					$	(98.4)					$	(14.6)					$	—
Capital expenditures			$	(34.3)					$	(21.1)					$	(13.2)					$	—

Segment results for the year ended December 31, 2023 were:

			Total						Test and Measurement						Sensors and Safety Systems						Unallocated Corporate Costs and Other
Sales			$	2,155.7					$	941.3					$	1,214.4					$	—
Cost of sales			(1,036.0)						(366.3)						(669.7)						—
Operating expenses			(607.9)						(383.9)						(224.0)						—
Operating profit			511.8						191.1						320.7						—
Non-operating expense, net
Other non-operating expenses, net			(2.0)						(0.9)						(1.1)						—
Earnings before income taxes			$	509.8					$	190.2					$	319.6					$	—
Depreciation and amortization expenses			$	(30.7)					$	(15.1)					$	(15.6)					$	—
Capital expenditures			$	(29.2)					$	(16.3)					$	(12.9)					$	—

Segment Assets

			As of December 31,
			2025						2024
Test and measurement			$	2,149.3					$	3,447.7
Sensors and safety systems			1,306.4						1,256.7
Total segment assets			3,455.7						4,704.4
Other (a)			365.9						15.0
Total assets			$	3,821.6					$	4,719.4
(a) Other represents corporate assets which consist primarily of cash and net deferred income tax assets.

Schedule of Operations in Geographical Areas

Operations in Geographic Areas

			As of December 31,
			2025						2024
Property, plant and equipment, net:
United States			$	154.7					$	153.0
All other			59.5						47.2
Total			$	214.2					$	200.2

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- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

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-Topic 220
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-Name Accounting Standards Codification
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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