Teledyne Technologies (TDY) 10-Q28 Apr 232023 Q1 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	3 Months Ended
Cover Page - shares	Apr. 02, 2023	Apr. 19, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Apr. 02, 2023
Document Transition Report	false
Entity File Number	1-15295
Entity Registrant Name	TELEDYNE TECHNOLOGIES INC
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	25-1843385
Entity Address, Address Line One	1049 Camino Dos Rios
Entity Address, City or Town	Thousand Oaks
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	91360-2362
City Area Code	805
Local Phone Number	373-4545
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	TDY
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		47,045,579
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Entity Central Index Key	0001094285
Current Fiscal Year End Date	--12-31

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Apr. 02, 2023	Apr. 03, 2022
Income Statement [Abstract]
Net sales	$ 1,383.3	$ 1,321
Costs and expenses
Cost of sales	790.7	752.6
Selling, general and administrative	300.4	291.3
Acquired intangible asset amortization	49.7	53.6
Total costs and expenses	1,140.8	1,097.5
Operating income (loss)	242.5	223.5
Interest and debt income (expense), net	(21)	(22.3)
Non-service retirement benefit income (expense), net	3.3	2.8
Other income (expense), net	(1.1)	(1)
Income (loss) before income taxes	223.7	203
Provision (benefit) for income taxes	44.9	(9.6)
Net income (loss) including noncontrolling interest	178.8	212.6
Less: Net income (loss) attributable to noncontrolling interest	0.1	0
Total	$ 178.7	$ 212.6
Basic earnings per common share (in USD per share)	$ 3.81	$ 4.55
Weighted average common shares outstanding (in shares)	46.9	46.7
Diluted earnings per common share (in USD per share)	$ 3.73	$ 4.46
Weighted average diluted common shares outstanding (in shares)	47.9	47.7

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2023	Apr. 03, 2022
Statement of Comprehensive Income [Abstract]
Net income (loss) including noncontrolling interest	$ 178.8	$ 212.6
Other comprehensive income (loss):
Foreign exchange translation adjustment	(4.3)	(32.6)
Hedge activity, net of tax	2.5	6.5
Pension and postretirement benefit adjustments, net of tax	1.5	4.2
Other comprehensive income (loss)	(0.3)	(21.9)
Comprehensive income (loss) including noncontrolling interest	178.5	190.7
Comprehensive (income) loss attributable to noncontrolling interest	0.1	0
Comprehensive income (loss) attributable to Teledyne	$ 178.4	$ 190.7

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Apr. 02, 2023	Jan. 01, 2023
Current Assets
Cash and cash equivalents	$ 665.2	$ 638.1
Accounts receivable, net	827.9	883.7
Unbilled receivables, net	292.2	274.7
Inventories, net	951.7	890.7
Prepaid expenses and other current assets	145.4	130.7
Total current assets	2,882.4	2,817.9
Property, plant and equipment, net of accumulated depreciation and amortization of $876.2 at April 2, 2023 and $847.8 at January 1, 2023	765.3	769.8
Goodwill	7,925.5	7,873
Acquired intangibles, net	2,405.4	2,440.6
Prepaid pension assets	182.4	178.4
Other assets, net	268.3	274.3
Total Assets	14,429.3	14,354
Current Liabilities
Accounts payable	495	505.7
Accrued liabilities	692.9	717.6
Current portion of long-term debt	300.1	300.1
Total current liabilities	1,488	1,523.4
Long-term debt, net of current portion	3,520.3	3,620.5
Long-term deferred tax liabilities	482.4	490
Other long-term liabilities	569.2	547.2
Total Liabilities	6,059.9	6,181.1
Commitments and contingencies
Redeemable Noncontrolling Interest	3.7	3.7
Stockholders’ Equity
Preferred stock, $0.01 par value; outstanding shares - none	0	0
Common stock, $0.01 par value; authorized 125,000,000 shares; issued shares: 47,194,766 at April 2, 2023 and 47,194,766 at January 1, 2023; outstanding shares: 47,037,465 at April 2, 2023 and 46,912,635 at January 1, 2023	0.5	0.5
Additional paid-in capital	4,360.9	4,353.4
Retained earnings	4,740.5	4,561.8
Treasury stock, 157,301 shares at April 2, 2023 and 282,131 shares at January 1, 2023	(9.4)	(20)
Accumulated other comprehensive income (loss)	(726.8)	(726.5)
Total Stockholders’ Equity	8,365.7	8,169.2
Total Liabilities, Redeemable Noncontrolling Interest and Stockholders' Equity	$ 14,429.3	$ 14,354

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Apr. 02, 2023	Jan. 01, 2023
Statement of Financial Position [Abstract]
Accumulated depreciation and amortization	$ 876.2	$ 847.8
Preferred stock, par value (in USD per share)	$ 0.01	$ 0.01
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in USD per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	125,000,000	125,000,000
Common stock, shares issued (in shares)	47,194,766	47,194,766
Common stock, shares outstanding (in shares)	47,037,465	46,912,635
Treasury stock (in shares)	157,301	282,131

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Millions	Total	Common Stock	Additional Paid-in Capital	Treasury Stock	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Beginning balance at Jan. 02, 2022	$ 7,622	$ 0.5	$ 4,317.1	$ (38.8)	$ 3,773.2	$ (430)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	212.6				212.6
Other comprehensive income (loss), net of tax	(21.9)					(21.9)
Treasury stock issued	0		(11.6)	11.6
Stock-based compensation	7		7
Exercise of stock options	12.7		12.7
Ending balance at Apr. 03, 2022	7,832.4	0.5	4,325.2	(27.2)	3,985.8	(451.9)
Beginning balance at Jan. 01, 2023	8,169.2	0.5	4,353.4	(20)	4,561.8	(726.5)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	178.7				178.7
Other comprehensive income (loss), net of tax	(0.3)					(0.3)
Treasury stock issued	0		(10.6)	10.6
Stock-based compensation	7.9		7.9
Exercise of stock options	10.2		10.2
Ending balance at Apr. 02, 2023	$ 8,365.7	$ 0.5	$ 4,360.9	$ (9.4)	$ 4,740.5	$ (726.8)

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Apr. 02, 2023	Apr. 03, 2022	Jan. 01, 2023
Operating Activities
Net income (loss) including noncontrolling interest	$ 178.8	$ 212.6
Adjustments to reconcile net income (loss) including noncontrolling interest to net cash provided by (used in) operating activities:
Depreciation and amortization	82.1	86.9
Stock-based compensation	7.9	9
Changes in operating assets and liabilities excluding the effect of business acquired:
Accounts receivable and unbilled receivables	50	(57.2)
Inventories	(57.6)	(56.6)
Accounts payable	(10.8)	33.1
Deferred and income taxes receivable/payable, net	7.2	5.6
Prepaid expenses and other assets	(11.3)	(2.4)
Accrued expenses and other liabilities	(34.6)	(451.5)
Other operating, net	(8.7)	3.8
Net cash provided by (used in) operating activities	203	(216.7)
Investing Activities
Purchases of property, plant and equipment	(24.4)	(21)
Purchase of businesses, net of cash acquired	(52.5)	0
Other investing, net	0	1.4
Net cash provided by (used in) investing activities	(76.9)	(19.6)
Financing Activities
Net borrowings from (repayments made to) credit facility	(100)	32
Payments on other debt	(0.1)	0
Proceeds from exercise of stock options	10.2	12.7
Maturity of cross currency swap	(13.5)	0
Other financing, net	0	(2.1)
Net cash provided by (used in) financing activities	(103.4)	42.6
Effect of exchange rate changes on cash	4.4	3.3
Change in cash and cash equivalents	27.1	(190.4)
Cash and cash equivalents—beginning of period	638.1	474.7	$ 474.7
Cash and cash equivalents—end of period	$ 665.2	$ 284.3	$ 638.1

General

General	3 Months Ended
General	Apr. 02, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General	General Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared by Teledyne Technologies Incorporated (“Teledyne” or the “Company”) pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and disclosures normally included in notes to consolidated financial statements have been condensed or omitted pursuant to such rules and regulations, but resultant disclosures are in accordance with generally accepted accounting principles in the United States (“GAAP”) as they apply to interim reporting. The condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and the related notes in Teledyne’s Annual Report on Form 10-K for the fiscal year ended January 1, 2023 (“2022 Form 10-K”). In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting of normal recurring adjustments) necessary to present fairly, in all material respects, Teledyne’s consolidated financial position as of April 2, 2023 and the consolidated results of operations, consolidated comprehensive income (loss) and consolidated cash flows for the first quarter ended April 2, 2023. The results of operations and cash flows for the periods ended April 2, 2023 and cash flows for the three months ended April 2, 2023 are not necessarily indicative of the results of operations or cash flows to be expected for any subsequent quarter or the full fiscal year. Recent Accounting Standards In September 2022, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2022-04, Liabilities-Supplier Finance Programs (Topic 405-50): Disclosure of Supplier Finance Program Obligations. This standard requires annual disclosure of the key terms of supplier finance programs, obligations outstanding with a description of where the amounts are presented in the financial statements, a rollforward of such amounts, and interim disclosure of amounts outstanding as of the end of each period. The adoption of ASU 2022-04 did not have an impact on the Company's disclosures as the impact of supplier finance programs is not material to the Company's financial statements.

Business Acquisitions

Business Acquisitions	3 Months Ended
Business Acquisitions	Apr. 02, 2023
Business Combination and Asset Acquisition [Abstract]
Business Acquisitions	Business Acquisitions 2023 Acquisitions ChartWorld During the first quarter of 2023, the Company acquired ChartWorld International Limited and affiliates ("ChartWorld") for $52.5 million in cash, net of cash acquired, and subject to certain adjustments. ChartWorld, headquartered in Cyprus, with additional locations in Germany, Singapore, Canada and Japan, is a provider of digital marine navigation hardware and software provided through an affordable subscription-based model. ChartWorld is part of the Digital Imaging segment. Goodwill resulting from the ChartWorld acquisition will not be deductible for tax purposes. 2022 Acquisitions ETM During the fourth quarter of 2022, Teledyne acquired ETM-Electromatic, Inc. ("ETM") for $87.7 million in cash, net of cash acquired, and subject to certain adjustments. ETM, headquartered in Newark, California, designs and manufactures high-power microwave and high-energy X-ray subsystems for cancer radiotherapy, defense and X-ray security applications. ETM is part of the Digital Imaging segment. Goodwill resulting from the ETM acquisition will not be deductible for tax purposes. NL Acoustics During the third quarter of 2022, the Company acquired an approximate 80% majority interest in Noiseless Acoustics Oy ("NL Acoustics"), paying $11.9 million in cash, net of cash acquired, during the year, with an immaterial amount payable in 2023. NL Acoustics, located in Helsinki, Finland, designs and manufactures acoustics imaging instruments and predictive maintenance solutions. NL Acoustics is part of the Digital Imaging segment. Goodwill resulting from the NL Acoustics acquisition will not be deductible for tax purposes. The minority ownership interest in shares of NL Acoustics held by certain former owners and employees is classified as a redeemable noncontrolling interest on the consolidated balance sheet due to a put option under which the third party may require the Company to purchase the remaining ownership interest, with the put option exercisable beginning in the third quarter of 2025. The redeemable noncontrolling interest is measured at the greater of the amount that would be paid if settlement occurred as of the balance sheet date based on the contractually defined redemption value and its carrying amount adjusted for net income (loss) attributable to the noncontrolling interest. Adjustments to the carrying value of the redeemable noncontrolling interest are recorded through retained earnings. Changes in the redeemable noncontrolling interest balance during the period were not material. The following tables show the purchase price (net of cash acquired), goodwill acquired, and acquired intangible assets for these acquisitions (in millions): 2023 Acquisitions Acquisition Date Cash Paid (a) Goodwill Acquired Acquired Intangible Assets ChartWorld January 3, 2023 $ 52.5 $ 48.4 $ 11.3 (a) Net of cash acquired 2022 Acquisitions Acquisition Date Cash Paid (a) Goodwill Acquired Acquired Intangible Assets ETM October 28, 2022 $ 87.7 $ 33.5 $ 20.9 NL Acoustics (acquisition of 80% interest) July 15, 2022 11.9 11.6 3.8 Total $ 99.6 $ 45.1 $ 24.7 (a) Net of cash acquired; an immaterial portion of NL Acoustics will be paid in 2023. The Company’s cost to acquire these acquisitions was allocated to the assets acquired and liabilities assumed based upon their respective fair values as of the date of the completion of the acquisition. The differences between the fair value of the consideration paid and the estimated fair value of the assets and liabilities acquired was recorded as goodwill. The fair value of the acquired identifiable assets and liabilities for these acquisitions is provisional pending finalization of the Company’s acquisition accounting, including the measurement of tax basis in certain jurisdictions and the resulting deferred taxes that might arise from book and tax basis differences, if any. Pro forma results of operations, the revenue and net income subsequent to the acquisition date, and a more detailed breakout of the major classes of assets and liabilities acquired for these acquisitions have not been presented because the effects of these acquisitions, individually and in the aggregate, were not material to the Company's financial results. The significant factors that resulted in recognition of goodwill for the 2022 and 2023 acquisitions included the acquired businesses’ market positions, growth opportunities in the markets in which they operate, their experienced work force and established operating infrastructures. The results of these acquisitions have been included in Teledyne’s results since the dates of their respective acquisition.

Business Segments

Business Segments	3 Months Ended
Business Segments	Apr. 02, 2023
Segment Reporting [Abstract]
Business Segments	Business Segments Teledyne is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Our customers include government agencies, aerospace prime contractors, energy exploration and production companies, major industrial companies and airlines. The Company has four reportable segments: Digital Imaging; Instrumentation; Aerospace and Defense Electronics; and Engineered Systems. Segment results include net sales and operating income by segment but excludes corporate office expenses. Corporate expense primarily includes various administrative expenses relating to the corporate office not allocated to our segments. The following table presents net sales and operating income by segment (dollars in millions): First Quarter % 2023 2022 Change Net sales (a): Digital Imaging $ 772.5 $ 750.5 2.9 % Instrumentation 333.5 308.9 8.0 % Aerospace and Defense Electronics 173.2 166.2 4.2 % Engineered Systems 104.1 95.4 9.1 % Total net sales $ 1,383.3 $ 1,321.0 4.7 % Operating income: Digital Imaging $ 122.2 $ 115.7 5.6 % Instrumentation 80.7 71.6 12.7 % Aerospace and Defense Electronics 47.0 42.9 9.6 % Engineered Systems 10.0 9.4 6.4 % Corporate expense (17.4) (16.1) 8.1 % Operating income $ 242.5 $ 223.5 8.5 % (a) Net sales excludes inter-segment sales of $6.2 million and $5.5 million for the first quarter of 2023 and 2022, respectively. Identifiable assets are those assets used in the operations of the segments. Corporate assets primarily consist of cash and cash equivalents, deferred taxes, net pension assets/liabilities and other assets (in millions): Identifiable assets: April 2, 2023 January 1, 2023 Digital Imaging $ 11,406.6 $ 11,432.3 Instrumentation 1,634.6 1,626.4 Aerospace and Defense Electronics 554.5 540.1 Engineered Systems 188.3 200.3 Corporate 645.3 554.9 Total identifiable assets $ 14,429.3 $ 14,354.0 Product Lines The Instrumentation segment includes three product lines: Environmental Instrumentation, Marine Instrumentation and Test and Measurement Instrumentation. The Company’s other three segments each contain one product line. The following table provides a summary of the net sales by product line for the Instrumentation segment (in millions): First Quarter Instrumentation 2023 2022 Marine Instrumentation $ 128.2 $ 111.9 Environmental Instrumentation 117.9 114.0 Test and Measurement Instrumentation 87.4 83.0 Total $ 333.5 $ 308.9

Revenue Recognition and Contrac

Revenue Recognition and Contract Balances	3 Months Ended
Revenue Recognition and Contract Balances	Apr. 02, 2023
Revenue from Contract with Customer [Abstract]
Revenue Recognition and Contract Balances	Revenue Recognition and Contract Balances Approximately 70% of the Company's net sales are recognized at a point in time, with the remaining 30% of net sales recognized over time. The Company disaggregates its revenue from contracts with customers by customer type and geographic region for each segment, as management believes it best depicts how the nature, amount, timing and uncertainty of its revenue and cash flows are affected by economic factors. With the exception of the Engineered Systems segment, net sales in each segment is primarily derived from fixed price contracts. Net sales in the Engineered Systems segment is typically between 45% and 55% fixed price contracts in a given reporting period, with the balance of net sales derived from cost-reimbursable type contracts. For the three months ended April 2, 2023, approximately 51% of net sales in the Engineered Systems segment were derived from fixed price contracts. First Quarter Ended April 2, 2023 First Quarter Ended April 2, 2023 Customer Type Geographic Region (c) (in millions) U.S. Govt. (a) Other (b) Total United States Europe Asia All other Total Net sales: Digital Imaging $ 130.4 $ 642.1 $ 772.5 $ 334.4 $ 197.3 $ 158.4 $ 82.4 $ 772.5 Instrumentation 23.0 310.5 333.5 138.0 97.2 67.5 30.8 333.5 Aerospace and Defense Electronics 64.7 108.5 173.2 120.1 29.5 17.0 6.6 173.2 Engineered Systems 93.4 10.7 104.1 103.3 — 0.2 0.6 104.1 Total $ 311.5 $ 1,071.8 $ 1,383.3 $ 695.8 $ 324.0 $ 243.1 $ 120.4 $ 1,383.3 (a) U.S. Government sale include sales as a prime contractor or subcontractor. (b) Primarily commercial sales (c) Geographic region by destination First Quarter Ended April 3, 2022 First Quarter Ended April 3, 2022 Customer Type Geographic Region (c) (in millions) U.S. Govt. (a) Other (b) Total United States Europe Asia All other Total Net sales: Digital Imaging $ 141.5 $ 609.0 $ 750.5 $ 337.2 $ 183.8 $ 149.6 $ 79.9 $ 750.5 Instrumentation 22.4 286.5 308.9 133.4 80.9 65.6 29.0 308.9 Aerospace and Defense Electronics 59.9 106.3 166.2 123.9 22.6 14.2 5.5 166.2 Engineered Systems 86.4 9.0 95.4 95.0 — 0.2 0.2 95.4 Total $ 310.2 $ 1,010.8 $ 1,321.0 $ 689.5 $ 287.3 $ 229.6 $ 114.6 $ 1,321.0 (a) U.S. Government sale include sales as a prime contractor or subcontractor. (b) Primarily commercial sales (c) Geographic region by destination Contract Liabilities Balance at Contract Liabilities by Balance Sheet Location (in millions) April 2, 2023 January 1, 2023 Accrued liabilities $ 221.5 $ 187.6 Other long-term liabilities 20.7 20.2 Total contract liabilities $ 242.2 $ 207.8 The Company recognized revenue of $67.9 million during the three months ended April 2, 2023 from contract liabilities that existed at the beginning of year. Remaining Performance Obligations Remaining performance obligations represent the transaction price of firm orders for which work has not been performed as of the period end date and exclude unexercised contract options and potential orders under ordering-type contracts (e.g., indefinite-delivery, indefinite-quantity). As of April 2, 2023, the aggregate amount of the transaction price allocated to remaining performance obligations was $3,198.8 million. The Company expects approximately 82% of remaining performance obligations to be recognized into revenue within the next twelve months, with the remaining 18% recognized thereafter. Changes in Contract Estimates at Completion For over time contracts using the cost-to-cost method, the Company has an Estimate at Completion (“EAC”) process in which management reviews the progress and execution of our performance obligations. This EAC process requires management judgment relative to assessing risks, estimating contract revenue, determining reasonably dependable cost estimates, and making assumptions for schedule and technical issues. The majority of revenue recognized over time uses an EAC process. Since certain contracts extend over a long period of time, the impact of revisions in cost and revenue estimates during the progress of work may adjust the current period earnings through a cumulative catch-up basis. This method recognizes, in the current period, the cumulative effect of the changes on current and prior quarters. Additionally, if the current contract estimate indicates a loss, a provision is made for the total anticipated loss in the period that it becomes evident. Contract cost and revenue estimates for significant contracts are generally reviewed and reassessed quarterly. The net aggregate effects of these changes in estimates on contracts accounted for under the cost-to-cost method in the first three months of 2023 and 2022 was $2.9 million of favorable operating income and $7.6 million favorable operating income, respectively, with both years primarily related to favorable changes in estimates that impacted revenue, and, to a lesser degree, cost of sales. None of the effects of changes in estimates on any individual contract were material to the consolidated statements of income for any period presented.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
Goodwill and Intangible Assets	Apr. 02, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill The carrying value of goodwill by segment was as follows (in millions): Digital Imaging Instrumentation Aerospace and Defense Electronics Engineered Systems Total Balance at January 1, 2023 6,780.4 913.2 161.8 17.6 7,873.0 Current year acquisitions 48.4 — — — 48.4 Foreign currency changes and other (0.3) 3.8 0.6 — 4.1 Balance at April 2, 2023 $ 6,828.5 $ 917.0 $ 162.4 $ 17.6 $ 7,925.5 Acquired intangible assets (in millions): April 2, 2023 January 1, 2023 Gross carrying amount Accumulated amortization Net carrying amount Gross carrying amount Accumulated amortization Net carrying amount Proprietary technology $ 1,673.8 $ 538.2 $ 1,135.6 $ 1,667.7 $ 497.4 $ 1,170.3 Customer list/relationships 604.4 187.7 416.7 596.1 177.0 419.1 Patents 0.6 0.6 — 0.6 0.6 — Non-compete agreements 0.9 0.9 — 0.9 0.9 — Trademarks 9.9 4.7 5.2 7.1 4.4 2.7 Backlog 16.2 16.0 0.2 16.1 15.8 0.3 Total intangibles subject to amortization 2,305.8 748.1 1,557.7 2,288.5 696.1 1,592.4 Intangibles not subject to amortization: Trademarks 847.7 — 847.7 848.2 — 848.2 Total acquired intangible assets $ 3,153.5 $ 748.1 $ 2,405.4 $ 3,136.7 $ 696.1 $ 2,440.6 An evaluation of the carrying value of goodwill and indefinite-lived intangibles is required to be performed on an annual basis and on an interim basis if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. There have been no events or changes in circumstances which indicate an interim impairment review is required in 2023. The Company will perform its annual analysis during the fourth quarter of 2023.

Supplemental Balance Sheet Info

Supplemental Balance Sheet Information	3 Months Ended
Supplemental Balance Sheet Information	Apr. 02, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Supplemental Balance Sheet Information	Supplemental Balance Sheet Information Cash Equivalents The Company had $326.1 million and $167.1 million of cash equivalents at April 2, 2023 and January 1, 2023, respectively. The Company has categorized its cash equivalents as a Level 1 financial asset, measured at fair value based on quoted prices in active markets of identical assets. Accounts Receivable, net Accounts receivable is presented net of an allowance for doubtful accounts of $10.6 million at April 2, 2023 and $11.7 million at January 1, 2023. Inventories, net Inventories are stated at current cost, net of reserves for excess, slow moving and obsolete inventory. Inventories are primarily valued under the FIFO method or average cost method, with an immaterial amount of inventories valued under the LIFO method. Inventory balances are summarized as follows (in millions): Balance at April 2, 2023 January 1, 2023 Raw materials and supplies $ 577.1 $ 563.7 Work in process 178.9 156.8 Finished goods 195.7 170.2 Total inventories, net $ 951.7 $ 890.7 Product Warranty Costs Some of the Company’s products are subject to specified warranties, and the Company provides for the estimated cost of product warranties. The adequacy of the warranty reserve is assessed regularly, and the reserve is adjusted as necessary based on a review of historic warranty experience with respect to the applicable business or products, as well as the length and actual terms of the warranties. The warranty reserve is included in current accrued liabilities and other long-term liabilities on the condensed consolidated balance sheet. Three Months Warranty Reserve (in millions): 2023 2022 Balance at beginning of year $ 50.3 $ 49.5 Product warranty expense 4.3 0.6 Deductions (4.2) (4.8) Balance at end of period $ 50.4 $ 45.3

Long-Term Debt

Long-Term Debt	3 Months Ended
Long-Term Debt	Apr. 02, 2023
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Balance at Long-Term Debt (in millions): April 2, 2023 January 1, 2023 $1.15 billion credit facility due March 2026, weighted average variable rate of 5.76% at April 2, 2023 and 5.46% at January 1, 2023 $ 25.0 $ 125.0 0.65% Fixed Rate Senior Notes due April 2023 300.0 300.0 0.95% Fixed Rate Senior Notes due April 2024 450.0 450.0 Term loan due October 2024, variable rate of 6.11% at April 2, 2023 and 5.63% at January 1, 2023, swapped to a Euro fixed rate of 0.61% 150.0 150.0 1.60% Fixed Rate Senior Notes due April 2026 450.0 450.0 Term loan due May 2026, variable rate of 6.00% at April 2, 2023 and 5.61% at January 1, 2023 245.0 245.0 2.25% Fixed Rate Senior Notes due April 2028 700.0 700.0 2.50% Fixed Rate Senior Notes due August 2030 485.0 485.0 2.75% Fixed Rate Senior Notes due April 2031 1,040.0 1,040.0 Other debt 0.6 2.1 Debt discount and debt issuance costs (25.2) (26.5) Total debt, net 3,820.4 3,920.6 Less: current portion of long-term debt (300.1) (300.1) Total long-term debt, net of current portion $ 3,520.3 $ 3,620.5 During the first three months of 2023, the Company repaid $100.0 million of amounts outstanding on its credit facility. At April 2, 2023, $1,103.9 million was available under the $1.15 billion credit facility, after reductions of $25.0 million in borrowings and $21.1 million in outstanding letters of credit. Our bank credit agreements require Teledyne to comply with various financial and operating covenants and at April 2, 2023, the Company was in compliance with these covenants. Teledyne estimates the fair value of its long-term debt based on debt of similar type, rating and maturity and at comparable interest rates. The Company’s long-term debt is considered a level 2 input in the fair value hierarchy and is valued based on observable market data. As of April 2, 2023 and January 1, 2023, the aggregate fair values of our borrowings were $3,490.7 million and $3,492.7 million, respectively, and the carrying values were $3,845.6 million and $3,947.1 million, respectively. Subsequent to the end of the first quarter, on April 3, 2023, the Company repaid the $300.0 million of fixed rate senior notes.

Income Taxes

Income Taxes	3 Months Ended
Income Taxes	Apr. 02, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The income tax provision is calculated using an estimated annual effective tax rate, based upon estimates of annual income, permanent items, statutory tax rates and planned tax strategies in the various jurisdictions in which we operate except that certain loss jurisdictions and discrete items, such as the resolution of uncertain tax positions and stock-based accounting income tax benefits, are treated separately. The Company’s effective income tax rate for the first quarter of 2023 was a 20.1% compared with an effective income tax rate of negative 4.7% for the first quarter of 2022. The first quarter of 2023 includes net discrete income tax benefits of $6.6 million compared with net discrete income tax benefits of $56.5 million for the first quarter of 2022. The first quarter of 2023 net discrete tax benefits include $5.9 million related to stock-based accounting. The first quarter of 2022 net discrete income tax amounts include a non-cash income tax benefit of $50.0 million primarily related to the resolution of certain FLIR tax reserves and $6.7 million related to stock-based accounting. Excluding the net discrete income tax items in both periods, the effective tax rates would have been 23.0% for the first quarter of 2023 and 23.1% for the first quarter of 2022.

Pension Plans

Pension Plans	3 Months Ended
Pension Plans	Apr. 02, 2023
Retirement Benefits [Abstract]
Pension Plans	Pension Plans First Quarter 2023 2022 Service cost — benefits earned during the period (in millions) $ 1.5 $ 2.2 Pension non-service cost (income) (in millions): Interest cost on benefit obligation $ 8.4 $ 5.9 Expected return on plan assets (13.6) (14.0) Amortization of net prior service cost (0.5) (0.5) Amortization of net actuarial loss 2.4 5.8 Pension non-service cost (income) $ (3.3) $ (2.8)

Stock-based Compensation Plans

Stock-based Compensation Plans	3 Months Ended
Stock-based Compensation Plans	Apr. 02, 2023
Share-Based Payment Arrangement [Abstract]
Stock-based Compensation Plans	Stock-based Compensation Teledyne has long-term incentive plans pursuant to which it has granted non-qualified stock options and restricted stock. The Company also has non-employee Board of Director stock compensation plans, pursuant to which common stock, stock options and restricted stock have been issued to its directors. The Company issues shares of common stock upon the exercise of stock options. Stock-based compensation expense was $7.9 million for the first quarter of 2023 and $9.0 million the first quarter of 2022. Stock option activity for the first three months of 2023 is as follows: Shares Weighted Average Exercise Price Balance at January 1, 2023 1,726,731 $ 223.43 Exercised (95,748) $ 106.51 Canceled (8,039) $ 415.27 Balance at April 2, 2023 1,622,944 $ 229.38 Exercisable at end of period 1,366,491 $ 197.58 Restricted stock activity for the first three months of 2023 is as follows: Shares Weighted average fair value per share Balance at January 1, 2023 166,395 $ 368.62 Granted 15,573 $ 361.64 Vested (22,555) $ 389.60 Forfeited/Canceled (5,313) $ 356.97 Balance at April 2, 2023 154,100 $ 357.28

Earnings Per Share

Earnings Per Share	3 Months Ended
Earnings Per Share	Apr. 02, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The weighted average number of common shares used in the calculation of basic and diluted earnings per share consisted of the following (in millions): First Quarter 2023 2022 Weighted average basic common shares outstanding 46.9 46.7 Effect of dilutive securities (primarily stock options) 1.0 1.0 Weighted average diluted common shares outstanding 47.9 47.7 For the first quarter of 2023 and 2022, the Company excluded approximately 0.2 million of stock options in the computation of diluted earnings per share because the effect of their inclusion would have been anti-dilutive.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
Accumulated Other Comprehensive Income (Loss)	Apr. 02, 2023
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) The changes in accumulated other comprehensive income (loss) ("AOCI") by component, net of tax, for the first quarter ended April 2, 2023 and April 3, 2022 are as follows (in millions): Foreign Currency Translation Cash Flow Hedges and Other Pension and Postretirement Benefits Total Balance at January 1, 2023 $ (472.3) $ 1.3 $ (255.5) $ (726.5) Other comprehensive income (loss) before reclassifications (4.3) 9.8 — 5.5 Amounts reclassified from AOCI — (7.3) 1.5 (5.8) Net other comprehensive income (loss) (4.3) 2.5 1.5 (0.3) Balance at April 2, 2023 $ (476.6) $ 3.8 $ (254.0) $ (726.8) Foreign Currency Translation Cash Flow Hedges and Other Pension and Postretirement Benefits Total Balance at January 2, 2022 $ (129.0) $ (3.4) $ (297.6) $ (430.0) Other comprehensive income (loss) before reclassifications (32.6) 11.3 — (21.3) Amounts reclassified from AOCI — (4.8) 4.2 (0.6) Net other comprehensive income (loss) (32.6) 6.5 4.2 (21.9) Balance at April 3, 2022 $ (161.6) $ 3.1 $ (293.4) $ (451.9) The reclassifications out of AOCI to net income for the first quarter ended April 2, 2023 and April 3, 2022 are as follows (in millions): Amount Reclassified from AOCI for the Three Months Ended Amount Reclassified from AOCI for the Three Months Ended Statement of Income April 2, 2023 April 3, 2022 Presentation (Gain) loss on cash flow hedges: Gain recognized in income on derivatives $ (9.8) $ (6.5) See Note 13 Income tax impact 2.5 1.7 Provision for income taxes Total $ (7.3) $ (4.8) Amortization of defined benefit pension and postretirement plan items: Amortization of prior service cost $ (0.4) $ 3.5 Costs and expenses Amortization of net actuarial loss 2.4 2.0 Costs and expenses Total before tax 2.0 5.5 Income tax impact (0.5) (1.3) Provision for income taxes Total $ 1.5 $ 4.2

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	3 Months Ended
Derivative Instruments and Hedging Activities	Apr. 02, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities The Company's primary exposure to market risk relates to changes in foreign currency exchange rates and interest rates. The Company’s primary foreign currency risk management objective is to protect the U.S. dollar value of future cash flows and minimize the volatility of reported earnings. The Company does not use foreign currency forward contracts for speculative or trading purposes. The Company mitigates exposure to foreign currency exchange rates and interest rates primarily through the following: Mitigation Approach Quantitative Information on Approach The Company utilizes foreign currency forward contracts to reduce the volatility of cash flows primarily related to forecasted revenue and expenses denominated in Canadian dollars for our Canadian companies, and in British pounds for our U.K. companies. These contracts are designated and qualify as cash flow hedges. As of April 2, 2023, the Company had foreign currency forward contracts to buy Canadian dollars and to sell U.S. dollars totaling $134.9 million. These foreign currency forward contracts have maturities ranging from June 2023 to February 2025. As of April 2, 2023, The Company had foreign currency forward contracts to buy British pounds and to sell U.S. dollars totaling $12.3 million. These foreign currency forward contracts have maturities ranging from June 2023 to February 2024. The Company utilizes foreign currency forward contracts to mitigate foreign exchange rate risk associated with foreign currency denominated monetary assets and liabilities, including intercompany receivables and payables. These foreign currency forward contracts are not designated as accounting hedges. See Non-Designated Hedging Activities section below. The Company has converted a U.S. dollar denominated, variable rate debt obligation of a European subsidiary into euro fixed rate obligation using a receive float, pay fixed cross currency swap to reduce the variability of interest rates. This cross currency swap is designated as cash flow hedge. As of April 2, 2023, the Company has a cross currency swap outstanding with a notional amount of €156.0 million and $150.0 million that matures in October 2024. All derivative instruments are recorded on the condensed consolidated balance sheets at fair value. The accounting for gains and losses resulting from changes in fair value depends on the use of the derivative instrument and whether it is designated and qualifies for hedge accounting. Designated Hedging Activities For a derivative instrument designated as an accounting hedge of an anticipated transaction (a cash flow hedge), the change in the fair value is recorded on the condensed consolidated balance sheets in AOCI to the extent the derivative instrument is effective in mitigating the exposure related to the anticipated transaction. The amount recorded within AOCI is reclassified into earnings in the same period during which the underlying hedged transaction affects earnings. The effect of derivative instruments designated as cash flow hedges in the condensed consolidated financial statements for the first quarter ended April 2, 2023 and April 3, 2022 was as follows (in millions): First Quarter 2023 2022 Net gain (loss) recognized in AOCI - Foreign Exchange Contracts (a) $ 13.6 $ 13.7 Net gain (loss) reclassified from AOCI into revenue - Foreign Exchange Contracts (a) $ (1.9) $ (0.2) Net gain (loss) recognized in AOCI - Interest Rate Contracts $ — $ 1.3 Net gain (loss) reclassified from AOCI into other income and expense, net - Foreign Exchange Contracts (b) $ 10.1 $ 6.2 Net gain (loss) reclassified from AOCI into interest expense - Foreign Exchange Contracts $ 1.5 $ 0.9 Net gain (loss) reclassified from AOCI into interest expense - Interest Rate Contracts $ 0.6 $ (0.4) (a) Effective portion, pre-tax (b) Amount reclassified to offset earnings impact of liability hedged by cross currency swap Net deferred losses recorded in AOCI for the forward contracts that will mature in the next twelve months total $3.1 million, net of taxes. These losses are expected to be offset by anticipated gains in the value of the forecasted underlying hedged item. Amounts related to the cross currency swap expected to be reclassified from AOCI into income in the next twelve months total $7.0 million. Non-Designated Hedging Activities For a derivative instrument that has not been designated as an accounting hedge, the change in the fair value is recognized immediately in earnings. As of April 2, 2023, the Company had foreign currency forward contracts not designated as accounting hedges primarily in the following types and pairs (in millions): Contracts to Buy Contracts to Sell Currency Amount Currency Amount Canadian Dollars $ 185.6 U.S. Dollars US$ 136.7 Great Britain Pounds £ 50.3 U.S. Dollars US$ 60.7 Euros € 50.5 U.S. Dollars US$ 53.6 Danish Krone DKR 107.9 U.S. Dollars US$ 15.5 Swedish Krona SEK 163.5 Euros € 14.7 U.S. Dollars US$ 13.6 Chinese Yuan ¥ 93.9 The preceding table includes non-designated hedges derived from terms contained in previously designated cash flow hedges. The gains and losses on these derivatives instruments which are not designated as accounting hedges are intended to, at a minimum, partially offset the transaction gains and losses recognized in earnings. The effect of derivative instruments not designated as accounting hedges recognized in other income and expense for the first quarter ended April 2, 2023 was income of $7.8 million. The effect of derivative instruments not designated as accounting hedges in other income and expense for the first quarter ended April 3, 2022 was expense of $4.8 million. The income or expense was largely offset by losses or gains in the value of the underlying hedged item excluding the impact of forward points. Fair Value of Derivative Financial Instruments The fair values of the Company’s derivative instruments are presented below. All fair values for these derivative instruments were measured using Level 2 inputs in the fair value hierarchy (in millions): Asset/(Liability) Derivative Instruments Balance sheet location April 2, 2023 January 1, 2023 Derivatives designated as hedging instruments: Cash flow forward contracts Other current assets $ 1.4 $ 0.4 Cash flow forward contracts Accrued liabilities (4.5) (6.8) Interest rate contracts Other current assets — 0.7 Cash flow cross currency swap Other current assets 2.3 2.7 Cash flow cross currency swap Other current liabilities — (14.0) Cash flow cross currency swap Other non-current liabilities (20.5) (18.3) Total derivatives designated as hedging instruments (21.3) (35.3) Derivatives not designated as hedging instruments: Non-designated forward contracts Other current assets 8.5 3.5 Non-designated forward contracts Accrued liabilities (4.8) (7.0) Total derivatives not designated as hedging instruments 3.7 (3.5) Total derivative instruments, net $ (17.6) $ (38.8)

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	Apr. 02, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Trade Compliance Effective April 24, 2022, the United States Department of State’s Office of Defense Trade Controls Compliance (“DDTC”) closed the four-year Consent Agreement that had been entered into by FLIR Systems, Inc. ("FLIR"), to resolve various export allegations under the International Traffic in Arms Regulations (“ITAR”). In connection with this Consent Agreement and other export matters, while FLIR and its successor by mergers, Teledyne FLIR, have enhanced the trade compliance program more broadly, implemented remedial measures and have undergone external and internal audits of the trade compliance program, adverse disclosures and findings could cause additional expenses in connection with further remedial measures or potential penalties. The Company has made other voluntary disclosures to the U.S. Department of State and the U.S. Department of Commerce, including to the Bureau of Industry and Security (“BIS”) with respect to Teledyne FLIR shipments of products from non-U.S. jurisdictions which were not licensed due to incorrect de minimis calculation methodology under the Export Administration Regulations. The Company has also made voluntary disclosures to export authorities in jurisdictions outside the U.S. for certain potential violations of local export laws. At this time, based on available information, we are unable to reasonably estimate the time it may take to resolve these matters or the amount or range of potential loss, penalty or other government action, if any, that may be incurred in connection with these matters. However, an unfavorable outcome could result in substantial fines and penalties or loss or suspension of export privileges or of particular authorizations that could be material to the Company’s financial position, results of operations or cash flows in and following the period in which such outcome becomes estimable or known. Environmental Remediation Obligations At April 2, 2023, the Company’s reserves for environmental remediation obligations totaled $5.7 million, of which $1.5 million is included in current accrued liabilities. At January 1, 2023, the Company’s reserves for environmental remediation obligations totaled $5.8 million. The Company evaluates whether it may be able to recover a portion of future costs for environmental liabilities from its insurance carriers and from third parties. The timing of expenditures depends on a number of factors that vary by site, including the nature and extent of contamination, the number of potentially responsible parties, the timing of regulatory approvals, the complexity of the investigation and remediation, and the standards for remediation. The Company expects that it will pay the amounts recorded over many years and will complete remediation of all sites with which it has been identified in up to 30 years. Legal Matters

General (Policies)

General (Policies)	3 Months Ended
General (Policies)	Apr. 02, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared by Teledyne Technologies Incorporated (“Teledyne” or the “Company”) pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and disclosures normally included in notes to consolidated financial statements have been condensed or omitted pursuant to such rules and regulations, but resultant disclosures are in accordance with generally accepted accounting principles in the United States (“GAAP”) as they apply to interim reporting. The condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and the related notes in Teledyne’s Annual Report on Form 10-K for the fiscal year ended January 1, 2023 (“2022 Form 10-K”). In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting of normal recurring adjustments) necessary to present fairly, in all material respects, Teledyne’s consolidated financial position as of April 2, 2023 and the consolidated results of operations, consolidated comprehensive income (loss) and consolidated cash flows for the first quarter ended April 2, 2023. The results of operations and cash flows for the periods ended April 2, 2023 and cash flows for the three months ended April 2, 2023 are not necessarily indicative of the results of operations or cash flows to be expected for any subsequent quarter or the full fiscal year.
Recent Accounting Standards	Recent Accounting Standards In September 2022, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2022-04, Liabilities-Supplier Finance Programs (Topic 405-50): Disclosure of Supplier Finance Program Obligations. This standard requires annual disclosure of the key terms of supplier finance programs, obligations outstanding with a description of where the amounts are presented in the financial statements, a rollforward of such amounts, and interim disclosure of amounts outstanding as of the end of each period. The adoption of ASU 2022-04 did not have an impact on the Company's disclosures as the impact of supplier finance programs is not material to the Company's financial statements.

Business Acquisitions (Tables)

Business Acquisitions (Tables)	3 Months Ended
Business Acquisitions (Tables)	Apr. 02, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule of Purchase Price Goodwill Acquired, and Intangible Assets Acquired for the Acquisitions	The following tables show the purchase price (net of cash acquired), goodwill acquired, and acquired intangible assets for these acquisitions (in millions): 2023 Acquisitions Acquisition Date Cash Paid (a) Goodwill Acquired Acquired Intangible Assets ChartWorld January 3, 2023 $ 52.5 $ 48.4 $ 11.3 (a) Net of cash acquired 2022 Acquisitions Acquisition Date Cash Paid (a) Goodwill Acquired Acquired Intangible Assets ETM October 28, 2022 $ 87.7 $ 33.5 $ 20.9 NL Acoustics (acquisition of 80% interest) July 15, 2022 11.9 11.6 3.8 Total $ 99.6 $ 45.1 $ 24.7 (a) Net of cash acquired; an immaterial portion of NL Acoustics will be paid in 2023.

Business Segments (Tables)

Business Segments (Tables)	3 Months Ended
Business Segments (Tables)	Apr. 02, 2023
Segment Reporting [Abstract]
Schedule of Net Sales and Operating Income by Segment	The following table presents net sales and operating income by segment (dollars in millions): First Quarter % 2023 2022 Change Net sales (a): Digital Imaging $ 772.5 $ 750.5 2.9 % Instrumentation 333.5 308.9 8.0 % Aerospace and Defense Electronics 173.2 166.2 4.2 % Engineered Systems 104.1 95.4 9.1 % Total net sales $ 1,383.3 $ 1,321.0 4.7 % Operating income: Digital Imaging $ 122.2 $ 115.7 5.6 % Instrumentation 80.7 71.6 12.7 % Aerospace and Defense Electronics 47.0 42.9 9.6 % Engineered Systems 10.0 9.4 6.4 % Corporate expense (17.4) (16.1) 8.1 % Operating income $ 242.5 $ 223.5 8.5 % (a) Net sales excludes inter-segment sales of $6.2 million and $5.5 million for the first quarter of 2023 and 2022, respectively. Identifiable assets are those assets used in the operations of the segments. Corporate assets primarily consist of cash and cash equivalents, deferred taxes, net pension assets/liabilities and other assets (in millions): Identifiable assets: April 2, 2023 January 1, 2023 Digital Imaging $ 11,406.6 $ 11,432.3 Instrumentation 1,634.6 1,626.4 Aerospace and Defense Electronics 554.5 540.1 Engineered Systems 188.3 200.3 Corporate 645.3 554.9 Total identifiable assets $ 14,429.3 $ 14,354.0
Schedule of Sales by Product Line	The following table provides a summary of the net sales by product line for the Instrumentation segment (in millions): First Quarter Instrumentation 2023 2022 Marine Instrumentation $ 128.2 $ 111.9 Environmental Instrumentation 117.9 114.0 Test and Measurement Instrumentation 87.4 83.0 Total $ 333.5 $ 308.9

Revenue Recognition and Contr_2

Revenue Recognition and Contract Balances (Tables)	3 Months Ended
Revenue Recognition and Contract Balances (Tables)	Apr. 02, 2023
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue	First Quarter Ended April 2, 2023 First Quarter Ended April 2, 2023 Customer Type Geographic Region (c) (in millions) U.S. Govt. (a) Other (b) Total United States Europe Asia All other Total Net sales: Digital Imaging $ 130.4 $ 642.1 $ 772.5 $ 334.4 $ 197.3 $ 158.4 $ 82.4 $ 772.5 Instrumentation 23.0 310.5 333.5 138.0 97.2 67.5 30.8 333.5 Aerospace and Defense Electronics 64.7 108.5 173.2 120.1 29.5 17.0 6.6 173.2 Engineered Systems 93.4 10.7 104.1 103.3 — 0.2 0.6 104.1 Total $ 311.5 $ 1,071.8 $ 1,383.3 $ 695.8 $ 324.0 $ 243.1 $ 120.4 $ 1,383.3 (a) U.S. Government sale include sales as a prime contractor or subcontractor. (b) Primarily commercial sales (c) Geographic region by destination First Quarter Ended April 3, 2022 First Quarter Ended April 3, 2022 Customer Type Geographic Region (c) (in millions) U.S. Govt. (a) Other (b) Total United States Europe Asia All other Total Net sales: Digital Imaging $ 141.5 $ 609.0 $ 750.5 $ 337.2 $ 183.8 $ 149.6 $ 79.9 $ 750.5 Instrumentation 22.4 286.5 308.9 133.4 80.9 65.6 29.0 308.9 Aerospace and Defense Electronics 59.9 106.3 166.2 123.9 22.6 14.2 5.5 166.2 Engineered Systems 86.4 9.0 95.4 95.0 — 0.2 0.2 95.4 Total $ 310.2 $ 1,010.8 $ 1,321.0 $ 689.5 $ 287.3 $ 229.6 $ 114.6 $ 1,321.0 (a) U.S. Government sale include sales as a prime contractor or subcontractor. (b) Primarily commercial sales (c) Geographic region by destination
Schedule of Contract Liabilities	Balance at Contract Liabilities by Balance Sheet Location (in millions) April 2, 2023 January 1, 2023 Accrued liabilities $ 221.5 $ 187.6 Other long-term liabilities 20.7 20.2 Total contract liabilities $ 242.2 $ 207.8

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
Goodwill and Intangible Assets (Tables)	Apr. 02, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The carrying value of goodwill by segment was as follows (in millions): Digital Imaging Instrumentation Aerospace and Defense Electronics Engineered Systems Total Balance at January 1, 2023 6,780.4 913.2 161.8 17.6 7,873.0 Current year acquisitions 48.4 — — — 48.4 Foreign currency changes and other (0.3) 3.8 0.6 — 4.1 Balance at April 2, 2023 $ 6,828.5 $ 917.0 $ 162.4 $ 17.6 $ 7,925.5
Summary of Carrying Value of Other Acquired Intangible Assets	Acquired intangible assets (in millions): April 2, 2023 January 1, 2023 Gross carrying amount Accumulated amortization Net carrying amount Gross carrying amount Accumulated amortization Net carrying amount Proprietary technology $ 1,673.8 $ 538.2 $ 1,135.6 $ 1,667.7 $ 497.4 $ 1,170.3 Customer list/relationships 604.4 187.7 416.7 596.1 177.0 419.1 Patents 0.6 0.6 — 0.6 0.6 — Non-compete agreements 0.9 0.9 — 0.9 0.9 — Trademarks 9.9 4.7 5.2 7.1 4.4 2.7 Backlog 16.2 16.0 0.2 16.1 15.8 0.3 Total intangibles subject to amortization 2,305.8 748.1 1,557.7 2,288.5 696.1 1,592.4 Intangibles not subject to amortization: Trademarks 847.7 — 847.7 848.2 — 848.2 Total acquired intangible assets $ 3,153.5 $ 748.1 $ 2,405.4 $ 3,136.7 $ 696.1 $ 2,440.6

Supplemental Balance Sheet In_2

Supplemental Balance Sheet Information (Tables)	3 Months Ended
Supplemental Balance Sheet Information (Tables)	Apr. 02, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Inventory	Inventory balances are summarized as follows (in millions): Balance at April 2, 2023 January 1, 2023 Raw materials and supplies $ 577.1 $ 563.7 Work in process 178.9 156.8 Finished goods 195.7 170.2 Total inventories, net $ 951.7 $ 890.7
Schedule of Changes in Product Warranty Reserve	The warranty reserve is included in current accrued liabilities and other long-term liabilities on the condensed consolidated balance sheet. Three Months Warranty Reserve (in millions): 2023 2022 Balance at beginning of year $ 50.3 $ 49.5 Product warranty expense 4.3 0.6 Deductions (4.2) (4.8) Balance at end of period $ 50.4 $ 45.3

Long-Term Debt (Tables)

Long-Term Debt (Tables)	3 Months Ended
Long-Term Debt (Tables)	Apr. 02, 2023
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	Balance at Long-Term Debt (in millions): April 2, 2023 January 1, 2023 $1.15 billion credit facility due March 2026, weighted average variable rate of 5.76% at April 2, 2023 and 5.46% at January 1, 2023 $ 25.0 $ 125.0 0.65% Fixed Rate Senior Notes due April 2023 300.0 300.0 0.95% Fixed Rate Senior Notes due April 2024 450.0 450.0 Term loan due October 2024, variable rate of 6.11% at April 2, 2023 and 5.63% at January 1, 2023, swapped to a Euro fixed rate of 0.61% 150.0 150.0 1.60% Fixed Rate Senior Notes due April 2026 450.0 450.0 Term loan due May 2026, variable rate of 6.00% at April 2, 2023 and 5.61% at January 1, 2023 245.0 245.0 2.25% Fixed Rate Senior Notes due April 2028 700.0 700.0 2.50% Fixed Rate Senior Notes due August 2030 485.0 485.0 2.75% Fixed Rate Senior Notes due April 2031 1,040.0 1,040.0 Other debt 0.6 2.1 Debt discount and debt issuance costs (25.2) (26.5) Total debt, net 3,820.4 3,920.6 Less: current portion of long-term debt (300.1) (300.1) Total long-term debt, net of current portion $ 3,520.3 $ 3,620.5

Pension Plans (Tables)

Pension Plans (Tables)	3 Months Ended
Pension Plans (Tables)	Apr. 02, 2023
Retirement Benefits [Abstract]
Schedule of Defined Benefit Pension Plans and Postretirement Benefit Plans	First Quarter 2023 2022 Service cost — benefits earned during the period (in millions) $ 1.5 $ 2.2 Pension non-service cost (income) (in millions): Interest cost on benefit obligation $ 8.4 $ 5.9 Expected return on plan assets (13.6) (14.0) Amortization of net prior service cost (0.5) (0.5) Amortization of net actuarial loss 2.4 5.8 Pension non-service cost (income) $ (3.3) $ (2.8)

Stock-based Compensation Plans

Stock-based Compensation Plans (Tables)	3 Months Ended
Stock-based Compensation Plans (Tables)	Apr. 02, 2023
Share-Based Payment Arrangement [Abstract]
Schedule of Stock Option Transactions for Employee Stock Option Plans	Stock option activity for the first three months of 2023 is as follows: Shares Weighted Average Exercise Price Balance at January 1, 2023 1,726,731 $ 223.43 Exercised (95,748) $ 106.51 Canceled (8,039) $ 415.27 Balance at April 2, 2023 1,622,944 $ 229.38 Exercisable at end of period 1,366,491 $ 197.58
Schedule of Restricted Stock Activity	Shares Weighted average fair value per share Balance at January 1, 2023 166,395 $ 368.62 Granted 15,573 $ 361.64 Vested (22,555) $ 389.60 Forfeited/Canceled (5,313) $ 356.97 Balance at April 2, 2023 154,100 $ 357.28

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
Earnings Per Share (Tables)	Apr. 02, 2023
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Earnings per Share	The weighted average number of common shares used in the calculation of basic and diluted earnings per share consisted of the following (in millions): First Quarter 2023 2022 Weighted average basic common shares outstanding 46.9 46.7 Effect of dilutive securities (primarily stock options) 1.0 1.0 Weighted average diluted common shares outstanding 47.9 47.7

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
Accumulated Other Comprehensive Income (Loss) (Tables)	Apr. 02, 2023
Equity [Abstract]
Schedule of Changes in AOCI by Component	The changes in accumulated other comprehensive income (loss) ("AOCI") by component, net of tax, for the first quarter ended April 2, 2023 and April 3, 2022 are as follows (in millions): Foreign Currency Translation Cash Flow Hedges and Other Pension and Postretirement Benefits Total Balance at January 1, 2023 $ (472.3) $ 1.3 $ (255.5) $ (726.5) Other comprehensive income (loss) before reclassifications (4.3) 9.8 — 5.5 Amounts reclassified from AOCI — (7.3) 1.5 (5.8) Net other comprehensive income (loss) (4.3) 2.5 1.5 (0.3) Balance at April 2, 2023 $ (476.6) $ 3.8 $ (254.0) $ (726.8) Foreign Currency Translation Cash Flow Hedges and Other Pension and Postretirement Benefits Total Balance at January 2, 2022 $ (129.0) $ (3.4) $ (297.6) $ (430.0) Other comprehensive income (loss) before reclassifications (32.6) 11.3 — (21.3) Amounts reclassified from AOCI — (4.8) 4.2 (0.6) Net other comprehensive income (loss) (32.6) 6.5 4.2 (21.9) Balance at April 3, 2022 $ (161.6) $ 3.1 $ (293.4) $ (451.9)
Schedule of Reclassification out of Accumulated Other Comprehensive Income	The reclassifications out of AOCI to net income for the first quarter ended April 2, 2023 and April 3, 2022 are as follows (in millions): Amount Reclassified from AOCI for the Three Months Ended Amount Reclassified from AOCI for the Three Months Ended Statement of Income April 2, 2023 April 3, 2022 Presentation (Gain) loss on cash flow hedges: Gain recognized in income on derivatives $ (9.8) $ (6.5) See Note 13 Income tax impact 2.5 1.7 Provision for income taxes Total $ (7.3) $ (4.8) Amortization of defined benefit pension and postretirement plan items: Amortization of prior service cost $ (0.4) $ 3.5 Costs and expenses Amortization of net actuarial loss 2.4 2.0 Costs and expenses Total before tax 2.0 5.5 Income tax impact (0.5) (1.3) Provision for income taxes Total $ 1.5 $ 4.2

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	3 Months Ended
Derivative Instruments and Hedging Activities (Tables)	Apr. 02, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Effect of Derivative Instruments Designated as Cash Flow Hedges	The effect of derivative instruments designated as cash flow hedges in the condensed consolidated financial statements for the first quarter ended April 2, 2023 and April 3, 2022 was as follows (in millions): First Quarter 2023 2022 Net gain (loss) recognized in AOCI - Foreign Exchange Contracts (a) $ 13.6 $ 13.7 Net gain (loss) reclassified from AOCI into revenue - Foreign Exchange Contracts (a) $ (1.9) $ (0.2) Net gain (loss) recognized in AOCI - Interest Rate Contracts $ — $ 1.3 Net gain (loss) reclassified from AOCI into other income and expense, net - Foreign Exchange Contracts (b) $ 10.1 $ 6.2 Net gain (loss) reclassified from AOCI into interest expense - Foreign Exchange Contracts $ 1.5 $ 0.9 Net gain (loss) reclassified from AOCI into interest expense - Interest Rate Contracts $ 0.6 $ (0.4) (a) Effective portion, pre-tax (b) Amount reclassified to offset earnings impact of liability hedged by cross currency swap
Schedule of Notional Amounts of Outstanding Foreign Currency Contracts	As of April 2, 2023, the Company had foreign currency forward contracts not designated as accounting hedges primarily in the following types and pairs (in millions): Contracts to Buy Contracts to Sell Currency Amount Currency Amount Canadian Dollars $ 185.6 U.S. Dollars US$ 136.7 Great Britain Pounds £ 50.3 U.S. Dollars US$ 60.7 Euros € 50.5 U.S. Dollars US$ 53.6 Danish Krone DKR 107.9 U.S. Dollars US$ 15.5 Swedish Krona SEK 163.5 Euros € 14.7 U.S. Dollars US$ 13.6 Chinese Yuan ¥ 93.9
Schedule of Fair Values of Derivative Financial Instruments	The fair values of the Company’s derivative instruments are presented below. All fair values for these derivative instruments were measured using Level 2 inputs in the fair value hierarchy (in millions): Asset/(Liability) Derivative Instruments Balance sheet location April 2, 2023 January 1, 2023 Derivatives designated as hedging instruments: Cash flow forward contracts Other current assets $ 1.4 $ 0.4 Cash flow forward contracts Accrued liabilities (4.5) (6.8) Interest rate contracts Other current assets — 0.7 Cash flow cross currency swap Other current assets 2.3 2.7 Cash flow cross currency swap Other current liabilities — (14.0) Cash flow cross currency swap Other non-current liabilities (20.5) (18.3) Total derivatives designated as hedging instruments (21.3) (35.3) Derivatives not designated as hedging instruments: Non-designated forward contracts Other current assets 8.5 3.5 Non-designated forward contracts Accrued liabilities (4.8) (7.0) Total derivatives not designated as hedging instruments 3.7 (3.5) Total derivative instruments, net $ (17.6) $ (38.8)

Business Acquisitions - Additio

Business Acquisitions - Additional information (Details) - USD ($) $ in Millions	3 Months Ended			12 Months Ended
	Apr. 02, 2023	Jan. 01, 2023	Apr. 03, 2022	Jan. 01, 2023	Oct. 02, 2022
Business Acquisition [Line Items]
Consideration transferred, net of cash acquired	$ 52.5		$ 0
ChartWorld
Business Acquisition [Line Items]
Consideration transferred, net of cash acquired	$ 52.5
ETM
Business Acquisition [Line Items]
Consideration transferred, net of cash acquired		$ 87.7		$ 87.7
NL Acoustics
Business Acquisition [Line Items]
Consideration transferred, net of cash acquired				$ 11.9
Interest acquired		80%		80%	80%

Business Acquisitions - Purchas

Business Acquisitions - Purchase Price (Details) - USD ($) $ in Millions	3 Months Ended			12 Months Ended
	Apr. 02, 2023	Jan. 01, 2023	Apr. 03, 2022	Jan. 01, 2023	Oct. 02, 2022
Business Acquisition [Line Items]
Cash paid	$ 52.5		$ 0
Goodwill Acquired	48.4
ChartWorld
Business Acquisition [Line Items]
Cash paid	52.5
Goodwill Acquired	48.4
Acquired Intangible Assets	$ 11.3
ETM
Business Acquisition [Line Items]
Cash paid		$ 87.7		$ 87.7
Goodwill Acquired				33.5
Acquired Intangible Assets		$ 20.9		$ 20.9
NL Acoustics
Business Acquisition [Line Items]
Interest acquired		80%		80%	80%
Cash paid				$ 11.9
Goodwill Acquired				11.6
Acquired Intangible Assets		$ 3.8		3.8
Total
Business Acquisition [Line Items]
Cash paid				99.6
Goodwill Acquired				45.1
Acquired Intangible Assets		$ 24.7		$ 24.7

Business Segments - Narrative (

Business Segments - Narrative (Details)	3 Months Ended
Business Segments - Narrative (Details)	Apr. 02, 2023 product_line segment
Segment Reporting [Abstract]
Number of reportable segments \| segment	4
Instrumentation
Revenue from External Customer [Line Items]
Number of product lines	3
Digital Imaging
Revenue from External Customer [Line Items]
Number of product lines	1
Aerospace and Defense Electronics
Revenue from External Customer [Line Items]
Number of product lines	1
Engineered Systems
Revenue from External Customer [Line Items]
Number of product lines	1

Business Segments - Net Sales a

Business Segments - Net Sales and Operating Income by Segment (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2023	Apr. 03, 2022
Net sales:
Total net sales	$ 1,383.3	$ 1,321
Net sales, percentage change	4.70%
Operating income:
Operating income	$ 242.5	223.5
Total segment operating profit, percentage change	8.50%
Net sales	$ (1,383.3)	(1,321)
Corporate expense
Operating income:
Operating income	$ (17.4)	(16.1)
Total segment operating profit, percentage change	8.10%
Inter-segment sales
Net sales:
Total net sales	$ (6.2)	(5.5)
Operating income:
Net sales	6.2	5.5
Digital Imaging
Net sales:
Total net sales	772.5	750.5
Operating income:
Net sales	(772.5)	(750.5)
Digital Imaging \| Operating segments
Net sales:
Total net sales	$ 772.5	750.5
Net sales, percentage change	2.90%
Operating income:
Operating income	$ 122.2	115.7
Total segment operating profit, percentage change	5.60%
Net sales	$ (772.5)	(750.5)
Instrumentation
Net sales:
Total net sales	333.5	308.9
Operating income:
Net sales	(333.5)	(308.9)
Instrumentation \| Operating segments
Net sales:
Total net sales	$ 333.5	308.9
Net sales, percentage change	8%
Operating income:
Operating income	$ 80.7	71.6
Total segment operating profit, percentage change	12.70%
Net sales	$ (333.5)	(308.9)
Aerospace and Defense Electronics
Net sales:
Total net sales	173.2	166.2
Operating income:
Net sales	(173.2)	(166.2)
Aerospace and Defense Electronics \| Operating segments
Net sales:
Total net sales	$ 173.2	166.2
Net sales, percentage change	4.20%
Operating income:
Operating income	$ 47	42.9
Total segment operating profit, percentage change	9.60%
Net sales	$ (173.2)	(166.2)
Engineered Systems
Net sales:
Total net sales	104.1	95.4
Operating income:
Net sales	(104.1)	(95.4)
Engineered Systems \| Operating segments
Net sales:
Total net sales	$ 104.1	95.4
Net sales, percentage change	9.10%
Operating income:
Operating income	$ 10	9.4
Total segment operating profit, percentage change	6.40%
Net sales	$ (104.1)	$ (95.4)

Business Segments - Identifiabl

Business Segments - Identifiable Assets (Details) - USD ($) $ in Millions	Apr. 02, 2023	Jan. 01, 2023
Segment Reporting Information [Line Items]
Identifiable assets	$ 14,429.3	$ 14,354
Operating segments \| Digital Imaging
Segment Reporting Information [Line Items]
Identifiable assets	11,406.6	11,432.3
Operating segments \| Instrumentation
Segment Reporting Information [Line Items]
Identifiable assets	1,634.6	1,626.4
Operating segments \| Aerospace and Defense Electronics
Segment Reporting Information [Line Items]
Identifiable assets	554.5	540.1
Operating segments \| Engineered Systems
Segment Reporting Information [Line Items]
Identifiable assets	188.3	200.3
Corporate expense
Segment Reporting Information [Line Items]
Identifiable assets	$ 645.3	$ 554.9

Business Segments - Sales (Deta

Business Segments - Sales (Details) - USD ($) $ in Millions	3 Months Ended
Business Segments - Sales (Details) - USD ($) $ in Millions	Apr. 02, 2023	Apr. 03, 2022
Revenue from External Customer [Line Items]
Total net sales	$ 1,383.3	$ 1,321
Instrumentation
Revenue from External Customer [Line Items]
Total net sales	333.5	308.9
Instrumentation \| Marine Instrumentation
Revenue from External Customer [Line Items]
Total net sales	128.2	111.9
Instrumentation \| Environmental Instrumentation
Revenue from External Customer [Line Items]
Total net sales	117.9	114
Instrumentation \| Test and Measurement Instrumentation
Revenue from External Customer [Line Items]
Total net sales	$ 87.4	$ 83

Revenue Recognition and Contr_3

Revenue Recognition and Contract Balances - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2023	Apr. 03, 2022
Segment Reporting Information [Line Items]
Change in estimate	$ 2.9	$ 7.6
Net sales \| Fixed-price contracts \| Recognized at a point in time
Segment Reporting Information [Line Items]
Net sales fixed price contracts percent (as a percent)	70%
Net sales \| Fixed-price contracts \| Recognized over time
Segment Reporting Information [Line Items]
Net sales fixed price contracts percent (as a percent)	30%
Engineered Systems \| Segment net sales \| Fixed-price contracts \| Fixed-price contracts
Segment Reporting Information [Line Items]
Net sales fixed price contracts percent (as a percent)	51%
Engineered Systems \| Minimum \| Segment net sales \| Fixed-price contracts \| Fixed-price contracts
Segment Reporting Information [Line Items]
Net sales fixed price contracts percent (as a percent)	45%
Engineered Systems \| Maximum \| Segment net sales \| Fixed-price contracts \| Fixed-price contracts
Segment Reporting Information [Line Items]
Net sales fixed price contracts percent (as a percent)	55%

Revenue Recognition and Contr_4

Revenue Recognition and Contract Balances - Disaggregation of Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2023	Apr. 03, 2022
Disaggregation of Revenue [Line Items]
Net sales	$ 1,383.3	$ 1,321
United States
Disaggregation of Revenue [Line Items]
Net sales	695.8	689.5
Europe
Disaggregation of Revenue [Line Items]
Net sales	324	287.3
Asia
Disaggregation of Revenue [Line Items]
Net sales	243.1	229.6
All other
Disaggregation of Revenue [Line Items]
Net sales	120.4	114.6
U.S. Govt.
Disaggregation of Revenue [Line Items]
Net sales	311.5	310.2
Other
Disaggregation of Revenue [Line Items]
Net sales	1,071.8	1,010.8
Digital Imaging
Disaggregation of Revenue [Line Items]
Net sales	772.5	750.5
Digital Imaging \| United States
Disaggregation of Revenue [Line Items]
Net sales	334.4	337.2
Digital Imaging \| Europe
Disaggregation of Revenue [Line Items]
Net sales	197.3	183.8
Digital Imaging \| Asia
Disaggregation of Revenue [Line Items]
Net sales	158.4	149.6
Digital Imaging \| All other
Disaggregation of Revenue [Line Items]
Net sales	82.4	79.9
Digital Imaging \| U.S. Govt.
Disaggregation of Revenue [Line Items]
Net sales	130.4	141.5
Digital Imaging \| Other
Disaggregation of Revenue [Line Items]
Net sales	642.1	609
Instrumentation
Disaggregation of Revenue [Line Items]
Net sales	333.5	308.9
Instrumentation \| United States
Disaggregation of Revenue [Line Items]
Net sales	138	133.4
Instrumentation \| Europe
Disaggregation of Revenue [Line Items]
Net sales	97.2	80.9
Instrumentation \| Asia
Disaggregation of Revenue [Line Items]
Net sales	67.5	65.6
Instrumentation \| All other
Disaggregation of Revenue [Line Items]
Net sales	30.8	29
Instrumentation \| U.S. Govt.
Disaggregation of Revenue [Line Items]
Net sales	23	22.4
Instrumentation \| Other
Disaggregation of Revenue [Line Items]
Net sales	310.5	286.5
Aerospace and Defense Electronics
Disaggregation of Revenue [Line Items]
Net sales	173.2	166.2
Aerospace and Defense Electronics \| United States
Disaggregation of Revenue [Line Items]
Net sales	120.1	123.9
Aerospace and Defense Electronics \| Europe
Disaggregation of Revenue [Line Items]
Net sales	29.5	22.6
Aerospace and Defense Electronics \| Asia
Disaggregation of Revenue [Line Items]
Net sales	17	14.2
Aerospace and Defense Electronics \| All other
Disaggregation of Revenue [Line Items]
Net sales	6.6	5.5
Aerospace and Defense Electronics \| U.S. Govt.
Disaggregation of Revenue [Line Items]
Net sales	64.7	59.9
Aerospace and Defense Electronics \| Other
Disaggregation of Revenue [Line Items]
Net sales	108.5	106.3
Engineered Systems
Disaggregation of Revenue [Line Items]
Net sales	104.1	95.4
Engineered Systems \| United States
Disaggregation of Revenue [Line Items]
Net sales	103.3	95
Engineered Systems \| Europe
Disaggregation of Revenue [Line Items]
Net sales	0	0
Engineered Systems \| Asia
Disaggregation of Revenue [Line Items]
Net sales	0.2	0.2
Engineered Systems \| All other
Disaggregation of Revenue [Line Items]
Net sales	0.6	0.2
Engineered Systems \| U.S. Govt.
Disaggregation of Revenue [Line Items]
Net sales	93.4	86.4
Engineered Systems \| Other
Disaggregation of Revenue [Line Items]
Net sales	$ 10.7	$ 9

Revenue Recognition and Contr_5

Revenue Recognition and Contract Balances - Contract Liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2023	Jan. 01, 2023
Revenue from Contract with Customer [Abstract]
Accrued liabilities	$ 221.5	$ 187.6
Other long-term liabilities	20.7	20.2
Total contract liabilities	242.2	$ 207.8
Revenue recognized from contract liabilities	$ 67.9

Revenue Recognition and Contr_6

Revenue Recognition and Contract Balances - Performance Obligation (Details) $ in Millions	Apr. 02, 2023 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 3,198.8
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-04-03
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, percentage (as a percent)	82%
Remaining performance obligation, expected timing of satisfaction	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, percentage (as a percent)	18%
Remaining performance obligation, expected timing of satisfaction

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Schedule of Changes in the Carrying Value of Goodwill (Details) $ in Millions	3 Months Ended
	Apr. 02, 2023 USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 7,873
Current year acquisitions	48.4
Foreign currency changes and other	4.1
Goodwill, ending balance	7,925.5
Digital Imaging
Goodwill [Roll Forward]
Goodwill, beginning balance	6,780.4
Current year acquisitions	48.4
Foreign currency changes and other	(0.3)
Goodwill, ending balance	6,828.5
Instrumentation
Goodwill [Roll Forward]
Goodwill, beginning balance	913.2
Current year acquisitions	0
Foreign currency changes and other	3.8
Goodwill, ending balance	917
Aerospace and Defense Electronics
Goodwill [Roll Forward]
Goodwill, beginning balance	161.8
Current year acquisitions	0
Foreign currency changes and other	0.6
Goodwill, ending balance	162.4
Engineered Systems
Goodwill [Roll Forward]
Goodwill, beginning balance	17.6
Current year acquisitions	0
Foreign currency changes and other	0
Goodwill, ending balance	$ 17.6

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Carrying Value of Other Acquired Intangible Assets (Details) - USD ($) $ in Millions	Apr. 02, 2023	Jan. 01, 2023
Schedule of Acquired Intangible Assets by Major Class [Line Items]
Gross carrying amount	$ 2,305.8	$ 2,288.5
Accumulated amortization	748.1	696.1
Net carrying amount	1,557.7	1,592.4
Total acquired intangible assets	3,153.5	3,136.7
Acquired intangible assets, net	2,405.4	2,440.6
Trademarks
Schedule of Acquired Intangible Assets by Major Class [Line Items]
Trademarks	847.7	848.2
Proprietary technology
Schedule of Acquired Intangible Assets by Major Class [Line Items]
Gross carrying amount	1,673.8	1,667.7
Accumulated amortization	538.2	497.4
Net carrying amount	1,135.6	1,170.3
Customer list/relationships
Schedule of Acquired Intangible Assets by Major Class [Line Items]
Gross carrying amount	604.4	596.1
Accumulated amortization	187.7	177
Net carrying amount	416.7	419.1
Patents
Schedule of Acquired Intangible Assets by Major Class [Line Items]
Gross carrying amount	0.6	0.6
Accumulated amortization	0.6	0.6
Net carrying amount	0	0
Non-compete agreements
Schedule of Acquired Intangible Assets by Major Class [Line Items]
Gross carrying amount	0.9	0.9
Accumulated amortization	0.9	0.9
Net carrying amount	0	0
Trademarks
Schedule of Acquired Intangible Assets by Major Class [Line Items]
Gross carrying amount	9.9	7.1
Accumulated amortization	4.7	4.4
Net carrying amount	5.2	2.7
Backlog
Schedule of Acquired Intangible Assets by Major Class [Line Items]
Gross carrying amount	16.2	16.1
Accumulated amortization	16	15.8
Net carrying amount	$ 0.2	$ 0.3

Supplemental Balance Sheet In_3

Supplemental Balance Sheet Information - Narrative (Details) - USD ($) $ in Millions	Apr. 02, 2023	Jan. 01, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash equivalents	$ 326.1	$ 167.1
Allowance for doubtful accounts	$ 10.6	$ 11.7

Supplemental Balance Sheet In_4

Supplemental Balance Sheet Information - Schedule of Inventory (Details) - USD ($) $ in Millions	Apr. 02, 2023	Jan. 01, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Raw materials and supplies	$ 577.1	$ 563.7
Work in process	178.9	156.8
Finished goods	195.7	170.2
Total inventories, net	$ 951.7	$ 890.7

Supplemental Balance Sheet In_5

Supplemental Balance Sheet Information - Schedule of Changes in Product Warranty Reserve (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2023	Apr. 03, 2022
Movement in Standard Product Warranty Accrual [Roll Forward]
Balance at beginning of year	$ 50.3	$ 49.5
Product warranty expense	4.3	0.6
Deductions	(4.2)	(4.8)
Balance at end of period	$ 50.4	$ 45.3

Long-Term Debt - Long-Term Debt

Long-Term Debt - Long-Term Debt (Details) - USD ($)	Apr. 02, 2023	Jan. 01, 2023
Debt Instrument [Line Items]
Total debt	$ 3,845,600,000	$ 3,947,100,000
Debt discount and debt issuance costs	(25,200,000)	(26,500,000)
Total debt, net	3,820,400,000	3,920,600,000
Less: current portion of long-term debt	(300,100,000)	(300,100,000)
Long-term debt, net of current portion	3,520,300,000	$ 3,620,500,000
Credit facility \| Revolving credit facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 1,150,000,000
Weighted average interest rate	5.76%	5.46%
Total debt	$ 25,000,000	$ 125,000,000
Term loans \| Term loan due October 2024, variable rate of 6.11% at April 2, 2023 and 5.63% at January 1, 2023, swapped to a Euro fixed rate of 0.61%
Debt Instrument [Line Items]
Variable interest rate	6.11%	5.63%
Stated interest rate (as a percent)	0.61%
Total debt	$ 150,000,000	$ 150,000,000
Term loans \| Term loan due May 2026, variable rate of 6.00% at April 2, 2023 and 5.61% at January 1, 2023
Debt Instrument [Line Items]
Variable interest rate	6%	5.61%
Total debt	$ 245,000,000	$ 245,000,000
Senior notes \| 0.65% Fixed Rate Senior Notes due April 2023
Debt Instrument [Line Items]
Stated interest rate (as a percent)	0.65%
Total debt	$ 300,000,000	300,000,000
Senior notes \| 0.95% Fixed Rate Senior Notes due April 2024
Debt Instrument [Line Items]
Stated interest rate (as a percent)	0.95%
Total debt	$ 450,000,000	450,000,000
Senior notes \| 1.60% Fixed Rate Senior Notes due April 2026
Debt Instrument [Line Items]
Stated interest rate (as a percent)	1.60%
Total debt	$ 450,000,000	450,000,000
Senior notes \| 2.25% Fixed Rate Senior Notes due April 2028
Debt Instrument [Line Items]
Stated interest rate (as a percent)	2.25%
Total debt	$ 700,000,000	700,000,000
Senior notes \| 2.50% Fixed Rate Senior Notes due August 2030
Debt Instrument [Line Items]
Stated interest rate (as a percent)	2.50%
Total debt	$ 485,000,000	485,000,000
Senior notes \| 2.75% Fixed Rate Senior Notes due April 2031
Debt Instrument [Line Items]
Stated interest rate (as a percent)	2.75%
Total debt	$ 1,040,000,000	1,040,000,000
Other debt
Debt Instrument [Line Items]
Total debt	$ 600,000	$ 2,100,000

Long-Term Debt - Narrative (Det

Long-Term Debt - Narrative (Details) - USD ($)	1 Months Ended	3 Months Ended
Long-Term Debt - Narrative (Details) - USD ($)	Apr. 28, 2023	Apr. 02, 2023	Jan. 01, 2023
Line of Credit Facility [Line Items]
Borrowings		$ 3,845,600,000	$ 3,947,100,000
Long-term debt fair value		3,490,700,000	3,492,700,000
Senior notes \| 0.65% Fixed Rate Senior Notes due April 2023
Line of Credit Facility [Line Items]
Borrowings		300,000,000	300,000,000
Senior notes \| Subsequent Event \| 0.65% Fixed Rate Senior Notes due April 2023
Line of Credit Facility [Line Items]
Net payments on fixed rate notes	$ 300,000,000
Revolving credit facility \| Credit facility
Line of Credit Facility [Line Items]
Repayments debt		100,000,000
Available balance		1,103,900,000
Maximum borrowing capacity		1,150,000,000
Borrowings		25,000,000	$ 125,000,000
Letters of credit \| Credit facility
Line of Credit Facility [Line Items]
Outstanding letters of credit		$ 21,100,000

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Apr. 02, 2023	Apr. 03, 2022
Income Tax Disclosure [Abstract]
Effective income tax rate	20.10%	(4.70%)
Discrete items	$ 6.6	$ 56.5
Discrete tax benefits for stock-based accounting	$ 5.9
Non-cash income tax benefit		50
Resolution of certain FLIR tax reserves		$ 6.7
Effective tax rate excluding discrete items	23%	23.10%

Pension Plans - Schedule of Def

Pension Plans - Schedule of Defined Benefit Pension Plans and Postretirement Benefit Plans (Details) - Pension Plan - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2023	Apr. 03, 2022
Components of net period pension benefit expense
Service cost — benefits earned during the period	$ 1.5	$ 2.2
Pension non-service cost (income)
Interest cost on benefit obligation	8.4	5.9
Expected return on plan assets	(13.6)	(14)
Amortization of net prior service cost	(0.5)	(0.5)
Amortization of net actuarial loss	2.4	5.8
Pension non-service cost (income)	$ (3.3)	$ (2.8)

Stock-based Compensation Plan_2

Stock-based Compensation Plans - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2023	Apr. 03, 2022
Share-Based Payment Arrangement [Abstract]
Stock-based compensation expense	$ 7.9	$ 9

Stock-based Compensation Plan_3

Stock-based Compensation Plans - Options Plans (Details) - Stock Options	3 Months Ended
	Apr. 02, 2023 $ / shares shares
Shares
Beginning balance (in shares) \| shares	1,726,731
Exercised (in shares) \| shares	(95,748)
Canceled (in shares) \| shares	(8,039)
Ending balance (in shares) \| shares	1,622,944
Exercisable at end of period (in shares) \| shares	1,366,491
Weighted Average Exercise Price
Beginning balance (in USD per share) \| $ / shares	$ 223.43
Exercised (in USD per share) \| $ / shares	106.51
Canceled (in USD per share) \| $ / shares	415.27
Ending balance (in USD per share) \| $ / shares	229.38
Options exercisable at end of period (in USD per share) \| $ / shares	$ 197.58

Stock-based Compensation Plan_4

Stock-based Compensation Plans - Restricted Stock Activity (Details) - Restricted Stock	3 Months Ended
	Apr. 02, 2023 $ / shares shares
Shares
Beginning balance (in shares) \| shares	166,395
Granted (in shares) \| shares	15,573
Vested (in shares) \| shares	(22,555)
Forfeited/Canceled (in shares) \| shares	(5,313)
Ending balance (in shares) \| shares	154,100
Weighted average fair value per share
Beginning balance (in USD per share) \| $ / shares	$ 368.62
Granted (in USD per share) \| $ / shares	361.64
Vested (in USD per share) \| $ / shares	389.60
Forfeited/Canceled (in USD per share) \| $ / shares	356.97
Ending balance (in USD per share) \| $ / shares	$ 357.28

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - shares shares in Millions	3 Months Ended
	Apr. 02, 2023	Apr. 03, 2022
Stock Options
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Shares excluded from computation of diluted earnings per share (in shares)	0.2	0.2

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - shares shares in Millions	3 Months Ended
	Apr. 02, 2023	Apr. 03, 2022
Earnings Per Share [Abstract]
Weighted average basic common shares outstanding (in shares)	46.9	46.7
Effect of dilutive securities (primarily stock options) (in shares)	1	1
Weighted average diluted common shares outstanding (in shares)	47.9	47.7

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Changes in AOCI by Component (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2023	Apr. 03, 2022
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	$ 8,169.2	$ 7,622
Other comprehensive income (loss) before reclassifications	5.5	(21.3)
Amounts reclassified from AOCI	(5.8)	(0.6)
Net other comprehensive income (loss)	(0.3)	(21.9)
Ending balance	8,365.7	7,832.4
Foreign Currency Translation
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(472.3)	(129)
Other comprehensive income (loss) before reclassifications	(4.3)	(32.6)
Amounts reclassified from AOCI	0	0
Net other comprehensive income (loss)	(4.3)	(32.6)
Ending balance	(476.6)	(161.6)
Cash Flow Hedges and Other
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	1.3	(3.4)
Other comprehensive income (loss) before reclassifications	9.8	11.3
Amounts reclassified from AOCI	(7.3)	(4.8)
Net other comprehensive income (loss)	2.5	6.5
Ending balance	3.8	3.1
Pension and Postretirement Benefits
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(255.5)	(297.6)
Other comprehensive income (loss) before reclassifications	0	0
Amounts reclassified from AOCI	1.5	4.2
Net other comprehensive income (loss)	1.5	4.2
Ending balance	(254)	(293.4)
Total
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(726.5)	(430)
Net other comprehensive income (loss)	(0.3)	(21.9)
Ending balance	$ (726.8)	$ (451.9)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) - Reclassifications Out of Accumulated OCI (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2023	Apr. 03, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Costs and expenses	$ 1,140.8	$ 1,097.5
Total before tax	223.7	203
Income tax impact	(44.9)	9.6
Total	178.7	212.6
Amount Reclassified from AOCI \| Cash Flow Hedges and Other
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total before tax	(9.8)	(6.5)
Income tax impact	2.5	1.7
Total	(7.3)	(4.8)
Amount Reclassified from AOCI \| Amortization of prior service cost
Accumulated Other Comprehensive Income (Loss) [Line Items]
Costs and expenses	0.4	(3.5)
Amount Reclassified from AOCI \| Amortization of net actuarial loss
Accumulated Other Comprehensive Income (Loss) [Line Items]
Costs and expenses	(2.4)	(2)
Amount Reclassified from AOCI \| Pension and Postretirement Benefits
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total before tax	2	5.5
Income tax impact	(0.5)	(1.3)
Total	$ 1.5	$ 4.2

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities - Narrative (Details) € in Millions, $ in Millions	3 Months Ended
	Apr. 02, 2023 USD ($)	Apr. 03, 2022 USD ($)	Apr. 02, 2023 EUR (€)
Not designated as hedging instrument
Derivative Instruments, Gain (Loss) [Line Items]
Income (expense) from derivative instruments	$ 7.8	$ (4.8)
Forward contracts \| Designated as hedging instrument
Derivative Instruments, Gain (Loss) [Line Items]
Expected reclassification of gain (loss) over the next 12 months	3.1
Forward contracts \| Designated as hedging instrument \| Cash flow hedges \| Sell US Dollars and buy Canadian Dollars
Derivative Instruments, Gain (Loss) [Line Items]
Derivative notional amount	134.9
Forward contracts \| Designated as hedging instrument \| Cash flow hedges \| Sell US Dollars and buy Great Britain Pounds
Derivative Instruments, Gain (Loss) [Line Items]
Derivative notional amount	12.3
Currency swap maturing October 2024 \| Designated as hedging instrument \| Cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Derivative notional amount	150		€ 156
Currency swap and interest rate swap \| Designated as hedging instrument
Derivative Instruments, Gain (Loss) [Line Items]
Expected reclassification of gain (loss) over the next 12 months	$ 7

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities - Effect of Derivative Instruments (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2023	Apr. 03, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Total before tax	$ 223.7	$ 203
Designated as hedging instrument \| Cash flow hedges \| Foreign Exchange Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) recognized in AOCI	13.6	13.7
Designated as hedging instrument \| Cash flow hedges \| Foreign Exchange Contracts \| Revenue
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) reclassified from AOCI	(1.9)	(0.2)
Designated as hedging instrument \| Cash flow hedges \| Foreign Exchange Contracts \| Other income and (expense), net
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) reclassified from AOCI	10.1	6.2
Designated as hedging instrument \| Cash flow hedges \| Foreign Exchange Contracts \| Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) reclassified from AOCI	1.5	0.9
Designated as hedging instrument \| Cash flow hedges \| Interest Rate Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) recognized in AOCI	0	1.3
Designated as hedging instrument \| Cash flow hedges \| Interest Rate Contracts \| Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) reclassified from AOCI	$ 0.6	$ (0.4)

Derivative Instruments and He_5

Derivative Instruments and Hedging Activities - Foreign Currency Contracts (Details) - Apr. 02, 2023 - Forward contracts - Not designated as hedging instrument € in Millions, ¥ in Millions, £ in Millions, kr in Millions, kr in Millions, $ in Millions, $ in Millions	USD ($)	EUR (€)	CAD ($)	GBP (£)	DKK (kr)	SEK (kr)	CNY (¥)
Contracts to Buy \| Sell US Dollars and buy Canadian Dollars
Derivatives, Fair Value [Line Items]
Derivative notional amount			$ 185.6
Contracts to Buy \| Sell US Dollars and buy Great Britain Pounds
Derivatives, Fair Value [Line Items]
Derivative notional amount \| £				£ 50.3
Contracts to Buy \| Sell US Dollars and buy Euros
Derivatives, Fair Value [Line Items]
Derivative notional amount \| €		€ 50.5
Contracts to Buy \| Sell US Dollars and buy Danish Krone
Derivatives, Fair Value [Line Items]
Derivative notional amount \| kr					kr 107.9
Contracts to Buy \| Sell Euros and buy Swedish Krona
Derivatives, Fair Value [Line Items]
Derivative notional amount \| kr						kr 163.5
Contracts to Buy \| Sell Chinese Yuan and Buy U.S. Dollars
Derivatives, Fair Value [Line Items]
Derivative notional amount	$ 13.6
Contracts to Sell \| Sell US Dollars and buy Canadian Dollars
Derivatives, Fair Value [Line Items]
Derivative notional amount	136.7
Contracts to Sell \| Sell US Dollars and buy Great Britain Pounds
Derivatives, Fair Value [Line Items]
Derivative notional amount	60.7
Contracts to Sell \| Sell US Dollars and buy Euros
Derivatives, Fair Value [Line Items]
Derivative notional amount	53.6
Contracts to Sell \| Sell US Dollars and buy Danish Krone
Derivatives, Fair Value [Line Items]
Derivative notional amount	$ 15.5
Contracts to Sell \| Sell Euros and buy Swedish Krona
Derivatives, Fair Value [Line Items]
Derivative notional amount \| €		€ 14.7
Contracts to Sell \| Sell Chinese Yuan and Buy U.S. Dollars
Derivatives, Fair Value [Line Items]
Derivative notional amount \| ¥							¥ 93.9

Derivative Instruments and He_6

Derivative Instruments and Hedging Activities - Fair Values of Instruments (Details) - Level 2 - USD ($) $ in Millions	Apr. 02, 2023	Jan. 01, 2023
Fair values of derivative financial instruments
Total derivatives, net	$ (17.6)	$ (38.8)
Designated as hedging instrument
Fair values of derivative financial instruments
Total liability derivatives	(21.3)	(35.3)
Not designated as hedging instrument
Fair values of derivative financial instruments
Total asset derivatives	3.7
Total liability derivatives		3.5
Other current assets \| Designated as hedging instrument \| Forward contracts \| Cash flow hedges
Fair values of derivative financial instruments
Total asset derivatives	1.4	0.4
Other current assets \| Designated as hedging instrument \| Cross currency swap \| Cash flow hedges
Fair values of derivative financial instruments
Total asset derivatives	2.3	2.7
Other current assets \| Designated as hedging instrument \| Interest rate contracts
Fair values of derivative financial instruments
Total asset derivatives	0	0.7
Other current assets \| Not designated as hedging instrument \| Forward contracts
Fair values of derivative financial instruments
Total asset derivatives	8.5	3.5
Accrued liabilities \| Designated as hedging instrument \| Forward contracts \| Cash flow hedges
Fair values of derivative financial instruments
Total liability derivatives	(4.5)	(6.8)
Accrued liabilities \| Not designated as hedging instrument \| Forward contracts
Fair values of derivative financial instruments
Total liability derivatives	(4.8)	(7)
Other current liabilities \| Designated as hedging instrument \| Cross currency swap \| Cash flow hedges
Fair values of derivative financial instruments
Total liability derivatives	0	(14)
Other non-current liabilities \| Designated as hedging instrument \| Cross currency swap \| Cash flow hedges
Fair values of derivative financial instruments
Total liability derivatives	$ (20.5)	$ (18.3)

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions		3 Months Ended
	Apr. 24, 2022	Apr. 02, 2023	Jan. 01, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Reserves for environmental remediation obligations		$ 5.7	$ 5.8
Portion of reserves included in current accrued liabilities		$ 1.5
DDTC Consent Agreement \| FLIR
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Consent Agreement term (in years)	4 years
Maximum
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Estimated duration of remediation (in years)		30 years