Company: TDY
Filing Date: 2025-10-24
Form Type: 10-Q
Source: 0001094285-25-000140
Chunk: 33

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-10-24
Form: 10-Q
Item: Part I, Item 1
Chunk 33
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.5 $1,013.7 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:September 28, 2025December 29, 2024Digital Imaging$11,163.4 $10,942.4 Instrumentation1,792.1 1,750.9 Aerospace and Defense Electronics1,513.5 576.2 Engineered Systems191.8 180.3 Corporate707.9 750.7 Total identifiable assets$15,368.7 $14,200.5 

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Note 4. Revenue Recognition and Contract Balances

Prior to the acquisition of Qioptiq, approximately 70% of the Company’s revenue was recognized at a point in time, with the remaining 30% of revenue recognized over time.  The majority of Qioptiq’s revenue is recognized over time.  In future periods, the Company expects approximately 40% of revenue to be recognized over time, with the remaining 60% recognized at a point in 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.

Third Quarter EndedSeptember 28, 2025Third Quarter EndedSeptember 28, 2025Customer TypeGeographic Region (c)(in millions)U.S. Govt. (a)Other (b)TotalUnited StatesEuropeAsiaAll OtherTotalNet sales:Digital Imaging$173.5 $611.9 $785.4 $372.5 $198.9 $137.9 $76.1 $785.4 Instrumentation37.4 326.2 363.6 159.5 103.3 66.7 34.1 363.6 Aerospace and Defense Electronics88.9 186.6 275.5 169.8 71.7 24.0 10.0 275.5 Engineered Systems97.2 17.8 115.0 113.5 — 0.6 0.9 115.0 Total$397.0 $1