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OTHER FINANCIAL INFORMATION (Tables)
6 Months Ended
Jun. 27, 2020
Balance Sheet Related Disclosures [Abstract]  
Percentage Distribution between Major Classes of Inventory
The following table presents approximate percentage distribution between major classes of inventories:
 
June 27, 2020
 
December 28, 2019
Raw Material and Work in Process
50%
 
48%
Finished Goods and Purchased Parts
50%
 
52%

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
 
June 27, 2020
 
December 28, 2019
Land and Improvements
 
 
$
74.0

 
$
80.3

Buildings and Improvements
3 - 50
 
282.3

 
305.2

Machinery and Equipment
3 - 15
 
963.7

 
988.2

Property, Plant and Equipment
 
 
1,320.0

 
1,373.7

Less: Accumulated Depreciation
 
 
(763.3
)
 
(768.7
)
Net Property, Plant and Equipment
 
 
$
556.7

 
$
605.0


Disaggregation of Revenue
The following tables presents the Company’s revenues disaggregated by geographical region (in millions):
 
 
Three Months Ended
June 27, 2020
 
Commercial Systems
 
Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
 
Total
North America
 
$
112.5

 
$
69.2

 
$
158.8


$
123.2

 
$
463.7

Asia
 
28.9

 
36.6

 
1.0

 
7.5

 
74.0

Europe
 
25.5

 
14.7

 
7.5

 
22.2

 
69.9

Rest-of-World
 
9.0

 
0.1

 
10.9

 
6.5

 
26.5

Total
 
$
175.9

 
$
120.6

 
$
178.2

 
$
159.4

 
$
634.1

 
 
 
 
 
 
 
 
 
 
 
June 29, 2019
 
Commercial Systems
 
Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
 
Total
North America
 
$
176.4

 
$
87.2

 
$
235.3

 
$
166.8

 
$
665.7

Asia
 
28.8

 
42.6

 
10.8

 
7.2

 
89.4

Europe
 
35.5

 
14.1

 
10.7

 
22.5

 
82.8

Rest-of-World
 
5.6

 
11.6

 
11.1

 
7.5

 
35.8

Total
 
$
246.3

 
$
155.5

 
$
267.9

 
$
204.0

 
$
873.7


 
 
Six Months Ended
June 27, 2020
 
Commercial Systems
 
Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
 
Total
North America
 
$
255.9

 
$
142.1

 
$
343.4

 
$
284.1

 
$
1,025.5

Asia
 
52.3

 
73.4

 
9.6

 
12.4

 
147.7

Europe
 
54.0

 
27.9

 
15.1

 
46.1

 
143.1

Rest-of-World
 
13.1

 
6.8

 
20.2

 
11.9

 
52.0

Total
 
$
375.3

 
$
250.2

 
$
388.3

 
$
354.5

 
$
1,368.3

 
 
 
 
 
 
 
 
 
 
 
June 29, 2019
 
Commercial Systems
 
Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
 
Total
North America
 
$
352.1

 
$
159.2

 
$
466.7

 
$
339.5

 
$
1,317.5

Asia
 
55.0

 
84.1

 
21.2

 
14.6

 
174.9

Europe
 
69.7

 
27.4

 
22.2

 
47.2

 
166.5

Rest-of-World
 
11.7

 
22.9

 
21.1

 
12.9

 
68.6

Total
 
$
488.5

 
$
293.6

 
$
531.2

 
$
414.2

 
$
1,727.5