REVENUE Revenue (Tables)

6 Months Ended

Jul. 02, 2022

Jul. 03, 2021

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue by End Market Table

The following tables present our revenue disaggregated by end market.

For the Three Months Ended July 2, 2022	Motion Technologies			Industrial Process			Connect & Control Technologies			Eliminations			Total
Auto and rail		$	320.3		$	—		$	—		$	—		$	320.3
Chemical and industrial pumps		—			196.6			—			—			196.6
General industrial		8.5			—			74.5			(0.8)			82.2
Aerospace and defense		2.5			—			78.3			—			80.8
Energy		—			43.0			10.4			—			53.4
Total		$	331.3		$	239.6		$	163.2		$	(0.8)		$	733.3
For the Six Months Ended July 2, 2022
Auto and rail		$	680.7		$	—		$	—		$	—		$	680.7
Chemical and industrial pumps		—			363.8			—			—			363.8
General industrial		16.7			—			144.2			(1.5)			159.4
Aerospace and defense		4.0			—			153.2			—			157.2
Energy		—			78.0			20.4			—			98.4
Total		$	701.4		$	441.8		$	317.8		$	(1.5)		$	1,459.5

For the Three Months Ended July 3, 2021
Auto and rail	$	334.2	$	—	$	—	$	—	$	334.2
Chemical and industrial pumps	—		167.7		—		—		167.7
General industrial	6.8		—		61.7		(0.4)		68.1
Aerospace and defense	2.6		—		63.9		—		66.5
Energy	—		46.2		8.9		—		55.1
Total	$	343.6	$	213.9	$	134.5	$	(0.4)	$	691.6
For the Six Months Ended July 3, 2021
Auto and rail	$	698.2	$	—	$	—	$	—	$	698.2
Chemical and industrial pumps	—		327.4		—		—		327.4
General industrial	10.3		—		120.3		(0.7)		129.9
Aerospace and defense	4.2		—		124.1		—		128.3
Energy	—		88.8		17.4		—		106.2
Total	$	712.7	$	416.2	$	261.8	$	(0.7)	$	1,390.0

Net Contract Assets and Liabilities Table

The following table represents our net contract assets and liabilities.

	July 2, 2022			December 31, 2021
Current contract assets, net		$	30.1		$	20.6
Non-current contract assets, net		0.3			0.3
Current contract liabilities		(64.5)			(46.6)
Non-current contract liabilities		(4.4)			(4.4)
Net contract liabilities		$	(38.5)		$	(30.1)