SEGMENT INFORMATION (Tables)

6 Months Ended

Jul. 03, 2021

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 July 3, 2021 and June 27, 2020 (in millions):

	Three Months Ended
July 3, 2021	Commercial Systems		Industrial Systems		Climate Solutions		Power Transmission Solutions		Eliminations		Total
External Sales	$	269.3	$	145.2	$	257.3	$	215.1	$	—	$	886.9
Intersegment Sales	19.9		7.3		5.1		0.8		(33.1)		—
Total Sales	289.2		152.5		262.4		215.9		(33.1)		886.9
Gross Profit	67.5		26.2		74.0		83.8		—		251.5
Operating Expenses	40.3		23.1		27.0		49.8		—		140.2
Asset Impairments	1.8		—		0.5		—		—		2.3
Total Operating Expenses	42.1		23.1		27.5		49.8		—		142.5
Income from Operations	25.4		3.1		46.5		34.0		—		109.0
Depreciation and Amortization	7.8		5.7		3.6		13.4		—		30.5
Capital Expenditures	4.5		3.3		3.0		2.8		—		13.6
June 27, 2020
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
Total Operating Expenses	36.2		21.7		27.4		39.1		—		124.4
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

	Six Months Ended
July 3, 2021	Commercial Systems		Industrial Systems		Climate Solutions		Power Transmission Solutions		Eliminations		Total
External Sales	$	506.3	$	281.6	$	496.4	$	416.7	$	—	$	1,701.0
Intersegment Sales	37.4		11.0		9.4		1.5		(59.3)		—
Total Sales	543.7		292.6		505.8		418.2		(59.3)		1,701.0
Gross Profit	133.0		53.0		148.0		162.9		—		496.9
Operating Expenses	78.3		46.2		57.7		106.3		—		288.5
Asset Impairments	1.8		—		0.5		—		—		2.3
Total Operating Expenses	80.1		46.2		58.2		106.3		—		290.8
Income from Operations	52.9		6.8		89.8		56.6		—		206.1
Depreciation and Amortization	15.6		11.6		8.1		27.0		—		62.3
Capital Expenditures	7.8		5.7		6.2		4.6		—		24.3
June 27, 2020
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	92.7		47.9		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
Total Operating Expenses	74.4		44.8		57.3		81.2		—		257.7
Income from Operations	18.3		3.1		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

Reconciliation of Segment Assets

The following table presents identifiable assets information attributable to the Company's operating segments as of July 3, 2021 and January 2, 2021 (in millions):

	Commercial Systems		Industrial Systems		Climate Solutions		Power Transmission Solutions		Total
Identifiable Assets as of July 3, 2021	$	1,390.5	$	870.2	$	966.1	$	1,546.9	$	4,773.7
Identifiable Assets as of January 2, 2021	1,319.6		837.5		890.4		1,541.5		4,589.0