v3.26.1
Segment Results (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule Of Financial Information By Reportable Segment
Three Months Ended
March 31,
(in millions)20262025
Net Sales:
Aerospace & Advanced Technologies$318.3 $248.9 
Process Flow Technologies378.1 308.7 
TOTAL NET SALES$696.4 $557.6 
Cost of Sales:
Aerospace & Advanced Technologies$196.2 $147.8 
Process Flow Technologies218.9 172.2 
TOTAL COST OF SALES$415.1 $320.0 
Engineering, selling and administrative:
Aerospace & Advanced Technologies$50.6 $36.5 
Process Flow Technologies95.0 73.7 
Corporate35.6 26.3 
TOTAL ENGINEERING, SELLING AND ADMINISTRATIVE$181.2 $136.5 
Operating profit:
Aerospace & Advanced Technologies$71.5 $64.6 
Process Flow Technologies 64.2 62.8 
Corporate (35.6)(26.3)
TOTAL OPERATING PROFIT$100.1 $101.1 
Interest income1.6 3.2 
Interest expense(16.8)(4.5)
Miscellaneous income (expense), net0.2 (1.0)
Income from continuing operations before income taxes$85.1 $98.8 

Three Months Ended
March 31,
(in millions)20262025
Depreciation and amortization:
Aerospace & Advanced Technologies$8.3 $4.5 
Process Flow Technologies19.8 8.0 
TOTAL DEPRECIATION AND AMORTIZATION$28.1 $12.5 

Three Months Ended
March 31,
(in millions)20262025
Capital expenditures:
Aerospace & Advanced Technologies$3.6 $4.0 
Process Flow Technologies7.1 10.2 
TOTAL CAPITAL EXPENDITURES$10.7 $14.2 
Schedule Of Assets By Segment
(in millions)March 31, 2026December 31, 2025
Assets:
Aerospace & Advanced Technologies$1,324.8 $936.3 
Process Flow Technologies2,552.8 1,326.0 
Corporate (a)
174.1 1,591.1 
TOTAL ASSETS$4,051.7 $3,853.4 
(a) For the year ended December 31, 2025, Corporate Assets include $1,223.3 million of restricted cash.
Schedule Of Goodwill By Segment
(in millions)March 31, 2026December 31, 2025
Goodwill:
Aerospace & Advanced Technologies$345.3 $248.6 
Process Flow Technologies1,001.1 435.3 
TOTAL GOODWILL$1,346.4 $683.9