SALES (Tables)

3 Months Ended

Mar. 31, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Contract Liabilities

Our contract liabilities consisted of the following ($ in millions):

	March 31, 2023		December 31, 2022
Deferred revenue - current	$	497.2	$	509.6
Deferred revenue - noncurrent	38.9		38.0
Total contract liabilities	$	536.1	$	547.6

Schedule of Remaining Performance Obligations

The aggregate remaining performance obligations attributable to each of our segments is as follows ($ in millions):

	March 31, 2023
Intelligent Operating Solutions	$	576.2
Precision Technologies	55.9
Advanced Healthcare Solutions	67.0
Total remaining performance obligations	$	699.1

Schedule of Disaggregation of Revenue

Disaggregation of revenue for the three month periods ended March 31, 2023 is presented as follows ($ in millions):

	Total		Intelligent Operating Solutions		Precision Technologies		Advanced Healthcare Solutions
Sales:
Sales of products and software	$	1,236.6	$	537.4	$	460.3	$	238.9
Sales of services	224.1		94.7		55.2		74.2
Total	$	1,460.7	$	632.1	$	515.5	$	313.1
Geographic:
United States	$	771.5	$	340.1	$	251.3	$	180.1
China	181.4		64.9		92.2		24.3
All other (each country individually less than 5% of total sales)	507.8		227.1		172.0		108.7
Total	$	1,460.7	$	632.1	$	515.5	$	313.1
End markets:(a)
Direct sales:
Healthcare	$	339.4	$	10.9	$	34.5	$	294.0
Industrial & Manufacturing	353.2		228.3		118.2		6.7
Utilities & Power	98.9		47.3		51.6		—
Government	111.1		61.8		40.9		8.4
Communications, Electronics & Semiconductor	105.9		25.6		79.6		0.7
Aerospace & Defense	67.6		0.1		67.5		—
Oil & Gas	70.3		65.9		4.4		—
Retail & Consumer	82.9		62.3		20.6		—
Other	170.1		95.0		75.1		—
Total direct sales	1,399.4		597.2		492.4		309.8
Distributors	61.3		34.9		23.1		3.3
Total	$	1,460.7	$	632.1	$	515.5	$	313.1
(a) Direct sales by end market include sales made through third-party distributors where we have visibility into the end customer.

Disaggregation of revenue for the three month periods ended April 1, 2022 is presented as follows ($ in millions):

	Total		Intelligent Operating Solutions		Precision Technologies		Advanced Healthcare Solutions
Sales:
Sales of products and software	$	1,152.7	$	500.5	$	410.6	$	241.6
Sales of services	223.8		87.1		51.8		84.9
Total	$	1,376.5	$	587.6	$	462.4	$	326.5
Geographic:
United States	$	739.9	$	321.9	$	234.0	$	184.0
China	145.4		47.9		69.3		28.2
All other (each country individually less than 5% of total sales)	491.2		217.8		159.1		114.3
Total	$	1,376.5	$	587.6	$	462.4	$	326.5
End markets:(a)
Direct sales:
Healthcare	$	353.3	$	10.3	$	37.1	$	305.9
Industrial & Manufacturing	321.9		211.1		103.7		7.1
Utilities & Power	86.3		43.0		43.3		—
Government	105.7		51.6		44.7		9.4
Communications, Electronics & Semiconductor	87.8		23.8		63.4		0.6
Aerospace & Defense	55.4		0.1		55.3		—
Oil & Gas	64.8		62.3		2.5		—
Retail & Consumer	81.2		63.7		17.5		—
Other	153.9		87.5		66.3		0.1
Total direct sales	1,310.3		553.4		433.8		323.1
Distributors	66.2		34.2		28.6		3.4
Total	$	1,376.5	$	587.6	$	462.4	$	326.5
(a) Direct sales by end market include sales made through third-party distributors where we have visibility into the end customer.