v3.25.1
Goodwill and Other Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for the three months ended March 31, 2025 were as follows:
Engineered BearingsIndustrial MotionTotal
Beginning balance, January 1$692.0 $691.3 $1,383.3 
Foreign currency translation adjustments and other changes4.4 29.3 33.7 
Ending balance$696.4 $720.6 $1,417.0 
Schedule of Finite-Lived Intangible Assets
The following table displays intangible assets as of March 31, 2025 and December 31, 2024:
 Balance at March 31, 2025Balance at December 31, 2024
Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Intangible assets
subject to amortization:
Customer relationships$821.5 $(274.8)$546.7 $805.7 $(262.9)$542.8 
Technology and know-how377.0 (128.7)248.3 369.6 (120.4)249.2 
Trade names110.5 (18.5)92.0 107.5 (16.9)90.6 
Capitalized software304.6 (278.5)26.1 302.8 (276.1)26.7 
Other10.1 (9.0)1.1 11.0 (9.8)1.2 
$1,623.7 $(709.5)$914.2 $1,596.6 $(686.1)$910.5 
Intangible assets not subject to amortization:
Trade names$88.8 $88.8 $87.3 $87.3 
FAA air agency certificates8.7 8.7 8.7 8.7 
$97.5 $97.5 $96.0 $96.0 
Total intangible assets$1,721.2 $(709.5)$1,011.7 $1,692.6 $(686.1)$1,006.5 
Schedule of Indefinite-Lived Intangible Assets
The following table displays intangible assets as of March 31, 2025 and December 31, 2024:
 Balance at March 31, 2025Balance at December 31, 2024
Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Intangible assets
subject to amortization:
Customer relationships$821.5 $(274.8)$546.7 $805.7 $(262.9)$542.8 
Technology and know-how377.0 (128.7)248.3 369.6 (120.4)249.2 
Trade names110.5 (18.5)92.0 107.5 (16.9)90.6 
Capitalized software304.6 (278.5)26.1 302.8 (276.1)26.7 
Other10.1 (9.0)1.1 11.0 (9.8)1.2 
$1,623.7 $(709.5)$914.2 $1,596.6 $(686.1)$910.5 
Intangible assets not subject to amortization:
Trade names$88.8 $88.8 $87.3 $87.3 
FAA air agency certificates8.7 8.7 8.7 8.7 
$97.5 $97.5 $96.0 $96.0 
Total intangible assets$1,721.2 $(709.5)$1,011.7 $1,692.6 $(686.1)$1,006.5