Goodwill and Intangible Assets (Tables)

3 Months Ended

Apr. 02, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The carrying value of goodwill by segment was as follows (in millions):

	Digital Imaging		Instrumentation		Aerospace and Defense Electronics		Engineered Systems		Total
Balance at January 1, 2023	6,780.4		913.2		161.8		17.6		7,873.0
Current year acquisitions	48.4		—		—		—		48.4
Foreign currency changes and other	(0.3)		3.8		0.6		—		4.1
Balance at April 2, 2023	$	6,828.5	$	917.0	$	162.4	$	17.6	$	7,925.5

Summary of Carrying Value of Other Acquired Intangible Assets

Acquired intangible assets (in millions):	April 2, 2023						January 1, 2023
	Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount
Proprietary technology	$	1,673.8	$	538.2	$	1,135.6	$	1,667.7	$	497.4	$	1,170.3
Customer list/relationships	604.4		187.7		416.7		596.1		177.0		419.1
Patents	0.6		0.6		—		0.6		0.6		—
Non-compete agreements	0.9		0.9		—		0.9		0.9		—
Trademarks	9.9		4.7		5.2		7.1		4.4		2.7
Backlog	16.2		16.0		0.2		16.1		15.8		0.3
Total intangibles subject to amortization	2,305.8		748.1		1,557.7		2,288.5		696.1		1,592.4
Intangibles not subject to amortization:
Trademarks	847.7		—		847.7		848.2		—		848.2
Total acquired intangible assets	$	3,153.5	$	748.1	$	2,405.4	$	3,136.7	$	696.1	$	2,440.6