OTHER FINANCIAL INFORMATION - Schedule of Disaggregation of Revenue (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Disaggregation of Revenue [Line Items]
Net Sales	$ 1,496.1	$ 1,547.6	$ 2,914.2	$ 3,095.3
Automation & Motion Control
Disaggregation of Revenue [Line Items]
Net Sales	411.1	422.2	807.4	822.4
Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Net Sales	649.8	675.5	1,262.5	1,318.9
Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Net Sales	435.2	410.9	844.3	796.2
Industrial Systems
Disaggregation of Revenue [Line Items]
Net Sales		39.0		157.8
North America
Disaggregation of Revenue [Line Items]
Net Sales	1,047.3	1,075.8	2,049.6	2,113.8
North America \| Automation & Motion Control
Disaggregation of Revenue [Line Items]
Net Sales	270.8	284.5	531.7	547.7
North America \| Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Net Sales	432.2	456.1	847.1	875.2
North America \| Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Net Sales	344.3	314.6	670.8	611.5
North America \| Industrial Systems
Disaggregation of Revenue [Line Items]
Net Sales		20.6		79.4
Asia
Disaggregation of Revenue [Line Items]
Net Sales	117.9	130.8	212.9	266.2
Asia \| Automation & Motion Control
Disaggregation of Revenue [Line Items]
Net Sales	30.8	24.1	54.3	45.2
Asia \| Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Net Sales	44.5	51.4	78.3	93.9
Asia \| Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Net Sales	42.6	45.0	80.3	82.8
Asia \| Industrial Systems
Disaggregation of Revenue [Line Items]
Net Sales		10.3		44.3
Europe
Disaggregation of Revenue [Line Items]
Net Sales	248.4	258.3	498.5	526.4
Europe \| Automation & Motion Control
Disaggregation of Revenue [Line Items]
Net Sales	89.0	96.1	182.4	191.9
Europe \| Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Net Sales	123.4	122.8	246.3	247.1
Europe \| Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Net Sales	36.0	35.2	69.8	69.8
Europe \| Industrial Systems
Disaggregation of Revenue [Line Items]
Net Sales		4.2		17.6
Rest-of-World
Disaggregation of Revenue [Line Items]
Net Sales	82.5	82.7	153.2	188.9
Rest-of-World \| Automation & Motion Control
Disaggregation of Revenue [Line Items]
Net Sales	20.5	17.5	39.0	37.6
Rest-of-World \| Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Net Sales	49.7	45.2	90.8	102.7
Rest-of-World \| Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Net Sales	$ 12.3	16.1	$ 23.4	32.1
Rest-of-World \| Industrial Systems
Disaggregation of Revenue [Line Items]
Net Sales		$ 3.9		$ 16.5