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SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 27, 2020
Segment Reporting [Abstract]  
Schedule Of Reportable Segments
The following sets forth certain financial information attributable to the Company's operating segments for the three and six months ended June 27, 2020 and June 29, 2019 (in millions):
 
Three Months Ended
June 27, 2020
Commercial Systems
 
Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
 
Eliminations
 
Total
External Sales
$
175.9

 
$
120.6

 
$
178.2

 
$
159.4

 
$
—

 
$
634.1

Intersegment Sales
16.9

 
9.1

 
3.9

 
0.6

 
(30.5
)
 
—

  Total Sales
192.8

 
129.7

 
182.1

 
160.0

 
(30.5
)
 
634.1

Gross Profit
42.4

 
24.9

 
47.4

 
55.6

 
—

 
170.3

Operating Expenses
34.2

 
21.7

 
26.6

 
39.1

 
—

 
121.6

Asset Impairments
2.0

 
—

 
0.8

 
—

 
—

 
2.8

Income from Operations
6.2

 
3.2

 
20.0

 
16.5

 
—

 
45.9

Depreciation and Amortization
8.3

 
6.0

 
5.0

 
14.0

 
—

 
33.3

Capital Expenditures
2.2

 
2.3

 
2.6

 
2.4

 
—

 
9.5

 
 
 
 
 
 
 
 
 
 
 
 
June 29, 2019
 
 
 
 
 
 
 
 
 
 
 
External Sales
$
246.3

 
$
155.5

 
$
267.9

 
$
204.0

 
$
—

 
$
873.7

Intersegment Sales
13.4

 
10.4

 
4.5

 
6.7

 
(35.0
)
 
—

  Total Sales
259.7

 
165.9

 
272.4

 
210.7

 
(35.0
)
 
873.7

Gross Profit
65.3

 
27.7

 
74.8

 
66.2

 
—

 
234.0

Operating Expenses
42.7

 
29.0

 
29.2

 
41.3

 
—

 
142.2

(Gain) Loss on Divestitures
1.8

 
—

 
(6.1
)
 
0.1

 
—

 
(4.2
)
Income (Loss) from Operations
20.8

 
(1.3
)
 
51.7

 
24.8

 
—

 
96.0

Depreciation and Amortization
8.4

 
5.6

 
4.5

 
13.7

 
—

 
32.2

Capital Expenditures
10.7

 
7.5

 
9.7

 
8.1

 
—

 
36.0



 
Six Months Ended
June 27, 2020
Commercial Systems
 
Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
 
Eliminations
 
Total
External Sales
$
375.3

 
$
250.2

 
$
388.3

 
$
354.5

 
$
—

 
$
1,368.3

Intersegment Sales
28.7

 
15.8

 
8.4

 
1.3

 
(54.2
)
 
—

  Total Sales
404.0

 
266.0

 
396.7

 
355.8

 
(54.2
)
 
1,368.3

Gross Profit
93.1

 
47.5

 
106.8

 
126.2

 
—

 
373.6

Operating Expenses
71.7

 
44.6

 
56.0

 
81.2

 
—

 
253.5

Gain on Divestiture of Businesses
(0.1
)
 
—

 
—

 
—

 
—

 
(0.1
)
Asset Impairments
2.8

 
0.2

 
1.3

 
—

 
—

 
4.3

Income from Operations
18.7

 
2.7

 
49.5

 
45.0

 
—

 
115.9

Depreciation and Amortization
16.6

 
11.9

 
9.7

 
27.7

 
—

 
65.9

Capital Expenditures
5.3

 
4.3

 
6.2

 
4.6

 
—

 
20.4

 
 
 
 
 
 
 
 
 
 
 
 
June 29, 2019
 
 
 
 
 
 
 
 
 
 
 
External Sales
$
488.5

 
$
293.6

 
$
531.2

 
$
414.2

 
$
—

 
$
1,727.5

Intersegment Sales
23.9

 
19.8

 
9.0

 
12.6

 
(65.3
)
 
—

  Total Sales
512.4

 
313.4

 
540.2

 
426.8

 
(65.3
)
 
1,727.5

Gross Profit
130.8

 
51.6

 
145.5

 
140.7

 
—

 
468.6

Operating Expenses
85.0

 
56.2

 
59.7

 
86.5

 
—

 
287.4

(Gain) Loss on Divestiture of Businesses
(39.5
)
 
0.1

 
(6.1
)
 
0.1

 
—

 
(45.4
)
Asset Impairments
6.7

 
0.9

 
1.3

 
1.1

 
—

 
10.0

Income (Loss) from Operations
78.6

 
(5.6
)
 
90.6

 
53.0

 
—

 
216.6

Depreciation and Amortization
17.8

 
11.7

 
9.4

 
27.6

 
—

 
66.5

Capital Expenditures
17.4

 
13.9

 
12.6

 
12.3

 
—

 
56.2
Reconciliation of Segment Assets
The following table presents identifiable assets information attributable to the Company's operating segments as of June 27, 2020 and December 28, 2019 (in millions):
 
Commercial Systems
 
Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
 
Total
Identifiable Assets as of June 27, 2020
$
1,208.5

 
$
801.9

 
$
861.8

 
$
1,535.9

 
$
4,408.1

Identifiable Assets as of December 28, 2019
$
1,198.5

 
$
802.8

 
$
878.3

 
$
1,551.1

 
$
4,430.7