Company: TDY
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0001094285-25-000131
Chunk: 81

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 8
Chunk 81
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 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):Second QuarterSix MonthsInstrumentation2025202420252024Marine Instrumentation$171.5 $147.8 $333.3 $295.6 Environmental Instrumentation119.9 113.5 228.8 224.6 Test and Measurement Instrumentation76.2 72.2 148.8 143.7 Total$367.6 $333.5 $710.9 $663.9 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:June 29, 2025December 29, 2024Digital Imaging$11,095.1 $10,942.4 Instrumentation1,794.7 1,750.9 Aerospace and Defense Electronics1,525.0 576.2 Engineered Systems204.2 180.3 Corporate516.2 750.7 Total identifiable assets$15,135.2 $14,200.5 

Note 4. 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.

10

Second Quarter EndedJune 29, 2025Second Quarter EndedJune 29, 2025Customer TypeGeographic Region (c)(in millions)U.S. Govt. (a)Other (b)TotalUnited StatesEuropeAsiaAll OtherTotalNet sales:Digital Imaging$141.3 $629.7 $771.0 $341.8 $212.9 $135.1 $81.2 $771.0 Instrumentation32.6 335.0 367.6 150.9 113.9 59.1 43.7 367.6 Aerospace and Defense Electronics114.2 150.6 264.8