Company: TDY
Filing Date: 2025-04-28
Form Type: 10-Q
Source: 0001094285-25-000105
Chunk: 63

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-04-28
Form: 10-Q
Item: Part I, Item 8
Chunk 63
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 456.6 Foreign currency changes and other63.6 10.6 12.7 — 86.9 Balance at March 30, 2025$6,918.2 $965.9 $632.3 $17.6 $8,534.0 Acquired intangible assetsAcquired intangible assets consisted of the following (in millions):March 30, 2025December 29, 2024Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying AmountProprietary technology$1,830.5 $859.1 $971.4 $1,665.5 $796.6 $868.9 Customer list/relationships655.6 266.3 389.3 599.3 252.9 346.4 Patents0.6 0.6 — 0.6 0.6 — Non-compete agreements0.9 0.9 — 0.9 0.9 — Trademarks48.4 9.4 39.0 12.2 7.7 4.5 Backlog16.2 16.2 — 16.0 16.0 — Total intangibles subject to amortization2,552.2 1,152.5 1,399.7 2,294.5 1,074.7 1,219.8 Intangibles not subject to amortization:Trademarks788.1 — 788.1 793.1 — 793.1 Total acquired intangible assets$3,340.3 $1,152.5 $2,187.8 $3,087.6 $1,074.7 $2,012.9 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.

12

Based on the results of the Company’s annual assessment in the fourth quarter of 2024, all reporting units with the exception of the FLIR reporting unit in the Digital Imaging segment had estimated fair values that significantly exceeded their respective carrying