Company: TDY
Filing Date: 2025-10-24
Form Type: 10-Q
Source: 0001094285-25-000140
Chunk: 37

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-10-24
Form: 10-Q
Item: Part I, Item 1
Chunk 37
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 statements of income (loss) for any period presented.

13

Note 5. Goodwill and Acquired Intangible Assets

GoodwillThe carrying value of goodwill by segment was as follows (in millions):Digital Imaging InstrumentationAerospace and Defense ElectronicsEngineered SystemsTotalBalance at December 29, 2024$6,854.6 $955.3 $163.0 $17.6 $7,990.5 Current year acquisitions5.5 — 451.6 — 457.1 Foreign currency changes and other150.8 29.6 23.7 — 204.1 Balance at September 28, 2025$7,010.9 $984.9 $638.3 $17.6 $8,651.7 Acquired intangible assetsAcquired intangible assets consisted of the following (in millions):September 28, 2025December 29, 2024Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying AmountProprietary technology$1,874.2 $966.2 $908.0 $1,665.5 $796.6 $868.9 Customer list/relationships671.6 294.3 377.3 599.3 252.9 346.4 Patents0.6 0.6 — 0.6 0.6 — Non-compete agreements0.9 0.9 — 0.9 0.9 — Trademarks49.5 13.5 36.0 12.2 7.7 4.5 Backlog16.5 16.5 — 16.0 16.0 — Total intangibles subject to amortization2,613.3 1,292.0 1,321.3 2,294.5 1,074.7 1,219.8 Intangibles not subject to amortization:Trademarks792.7 — 792.7 793.1 — 793.1 Total acquired intangible assets$3,406.0 $1,292.0 $2,114.0 $3,087.6 $1,074.7