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OTHER FINANCIAL INFORMATION (Tables)
3 Months Ended
Mar. 30, 2019
Balance Sheet Related Disclosures [Abstract]  
Percentage Distribution Between Major Classes of Inventory
The following table presents approximate percentage distribution between major classes of inventories:
 
March 30,
2019
 
December 29,
2018
Raw Material and Work in Process
45%
 
45%
Finished Goods and Purchased Parts
55%
 
55%
Assets and Liabilities of Businesses Held for Sale
The table below presents the balances that were classified as Assets of Businesses Held for Sale and Liabilities of Businesses Held for Sale as of March 30, 2019 and December 29, 2018 (in millions):


March 30, 2019
 
December 29, 2018
Trade Receivables
$
15.1

 
$
19.2

Inventories
21.9

 
34.7

Prepaid Expenses and Other Current Assets
1.6

 
5.0

Property, Plant and Equipment
7.8

 
19.9

Intangible Assets

 
12.0

Goodwill
1.3

 
1.3

Other Noncurrent Assets
2.8

 

Assets of Businesses Held for Sale
$
50.5

 
$
92.1

 
 
 
 
Accounts Payable
$
6.3

 
$
8.1

Accrued Compensation and Employee Benefits
0.4

 
0.5

Other Accrued Expenses
6.0

 
7.3

Other Noncurrent Liabilities
1.0

 
1.1

Liabilities of Businesses Held for Sale
$
13.7

 
$
17.0

Property, Plant, And Equipment By Major Classification
The following table presents property, plant, and equipment by major classification (dollars in millions):
 
Useful Life in Years
 
March 30,
2019
 
December 29,
2018
Land and Improvements
 
 
$
82.8

 
$
82.1

Buildings and Improvements
3 - 50
 
303.4

 
302.8

Machinery and Equipment
3 - 15
 
960.6

 
971.9

Property, Plant and Equipment
 
 
1,346.8

 
1,356.8

Less: Accumulated Depreciation
 
 
(738.3
)
 
(741.3
)
Net Property, Plant and Equipment
 
 
$
608.5

 
$
615.5

Disaggregation of Revenue
The following tables presents the Company’s revenues disaggregated by geographical region (in millions):
Three Months Ended March 30, 2019
 
Commercial and Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
 
Total
North America
 
$
247.7

 
$
231.4


$
172.7

 
$
651.8

Asia
 
67.7

 
10.4

 
7.4

 
85.5

Europe
 
47.5

 
11.5

 
24.7

 
83.7

Rest-of-World
 
17.4

 
10.0

 
5.4

 
32.8

Total
 
$
380.3

 
$
263.3

 
$
210.2

 
$
853.8

 
 
 
 
 
 
 
 
 
Three Months Ended March 31, 2018
 
Commercial and Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
 
Total
North America
 
$
288.5

 
$
219.4

 
$
167.4

 
$
675.3

Asia
 
67.0

 
12.6

 
4.7

 
84.3

Europe
 
19.0

 
10.9

 
24.9

 
54.8

Rest-of-World
 
39.5

 
17.0

 
7.9

 
64.4

Total

$
414.0

 
$
259.9

 
$
204.9

 
$
878.8