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GOODWILL AND OTHER INTANGIBLE ASSETS, NET
 9 Months Ended
Oct. 01, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Goodwill
The following table provides a rollforward of the carrying amount of goodwill by segment. 
Motion
Technologies		Industrial
Process		Connect & Control
Technologies		Total
Goodwill - December 31, 2021
$292.3 $352.4 $279.6 $924.3 
Acquired— 67.9 0.3 68.2 
Foreign exchange translation(10.8)(30.8)(3.3)(44.9)
Goodwill - October 1, 2022
$281.5 $389.5 $276.6 $947.6 
Goodwill acquired is related to our acquisitions of Habonim and a product line from Clippard Instrument Laboratory, Inc. (Clippard) in the second quarter of 2022, and represents the preliminary calculation of the excess purchase price over the net assets acquired. The valuations of Habonim and Clippard are pending completion. Upon completion, goodwill acquired will be adjusted based on the final fair values of the net assets acquired. Refer to Note 20, Acquisitions and Investments, for further information.
Other Intangible Assets, Net 
The following table summarizes our other intangible assets, net of accumulated amortization. 
October 1, 2022December 31, 2021
Gross
Carrying
Amount		Accumulated AmortizationNet IntangiblesGross
Carrying
Amount		Accumulated AmortizationNet Intangibles
Customer relationships$189.8 $(122.9)$66.9 $162.1 $(113.7)$48.4 
Proprietary technology58.4 (29.3)29.1 46.1 (26.9)19.2 
Patents and other17.2 (15.5)1.7 15.7 (14.0)1.7 
Finite-lived intangible total265.4 (167.7)97.7 223.9 (154.6)69.3 
Indefinite-lived intangibles18.6 — 18.6 16.4 — 16.4 
Other intangible assets$284.0 $(167.7)$116.3 $240.3 $(154.6)$85.7 
Amortization expense related to finite-lived intangible assets was $5.3 and $15.3, and $4.7 and $14.7 for the three and nine months ended October 1, 2022 and October 2, 2021, respectively.
The preliminary fair values of intangible assets acquired in connection with the purchase of Habonim mainly include $33.0 of customer relationships with a useful life of 15 years, $8.8 of developed technology with a useful life of 20 years, $2.3 of customer backlog with a useful life of 9 months, and $3.1 for a trade name with an indefinite life. Refer to Note 20, Acquisitions and Investments, for further information.
Separately, we acquired proprietary technology and customer relationships with preliminary fair values of $5.5 and $0.5, respectively, both with a useful life of 10 years, in connection with the purchase of the Clippard product line in the second quarter of 2022. Refer to Note 20, Acquisitions and Investments, for further information.
Estimated amortization expense for each of the five succeeding years and thereafter is as follows:
Remaining of 20226.7 
202319.4 
202414.0 
202513.2 
20269.4 
20278.1 
Thereafter26.9