v3.25.2
OTHER FINANCIAL INFORMATION (Tables)
6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Disaggregation of Revenue
The following tables presents the Company’s revenues disaggregated by geographical region:
Three Months Ended
June 30, 2025Automation & Motion ControlIndustrial Powertrain SolutionsPower Efficiency SolutionsTotal
North America$270.8 $432.2 $344.3 $1,047.3 
Asia30.8 44.5 42.6 117.9 
Europe89.0 123.4 36.0 248.4 
Rest-of-World20.5 49.7 12.3 82.5 
Total$411.1 $649.8 $435.2 $1,496.1 
Three Months Ended
June 30, 2024Automation & Motion ControlIndustrial Powertrain SolutionsPower Efficiency SolutionsIndustrial SystemsTotal
North America$284.5 $456.1 $314.6 $20.6 $1,075.8 
Asia24.1 51.4 45.0 10.3 130.8 
Europe96.1 122.8 35.2 4.2 258.3 
Rest-of-World17.5 45.2 16.1 3.9 82.7 
Total$422.2 $675.5 $410.9 $39.0 $1,547.6 
Six Months Ended
June 30, 2025Automation & Motion ControlIndustrial Powertrain SolutionsPower Efficiency SolutionsTotal
North America$531.7 $847.1 $670.8 $2,049.6 
Asia54.3 78.3 80.3 212.9 
Europe182.4 246.3 69.8 498.5 
Rest-of-World39.0 90.8 23.4 153.2 
Total$807.4 $1,262.5 $844.3 $2,914.2 
Six Months Ended
June 30, 2024Automation & Motion ControlIndustrial Powertrain SolutionsPower Efficiency SolutionsIndustrial SystemsTotal
North America$547.7 $875.2 $611.5 $79.4 $2,113.8 
Asia45.2 93.9 82.8 44.3 266.2 
Europe191.9 247.1 69.8 17.6 526.4 
Rest-of-World37.6 102.7 32.1 16.5 188.9 
Total$822.4 $1,318.9 $796.2 $157.8 $3,095.3 
Schedule of Percentage Distribution between Major Classes of Inventory
The following table presents approximate percentage distribution between major classes of inventories:
June 30, 2025December 31, 2024
Raw Material and Work in Process65.1%67.8%
Finished Goods and Purchased Parts34.9%32.2%
Schedule of Property, Plant, and Equipment by Major Classification
The following table presents property, plant, and equipment by major classification:
Useful Life in YearsJune 30, 2025December 31, 2024
Land and Improvements$135.4 $134.5 
Buildings and Improvements
3 - 50
429.7 387.2 
Machinery and Equipment
3 - 15
1,243.4 1,189.8 
Property, Plant and Equipment1,808.5 1,711.5 
Less: Accumulated Depreciation(866.1)(790.5)
Net Property, Plant and Equipment$942.4 $921.0