GOODWILL AND INTANGIBLE ASSETS - Schedule of Changes to Goodwill (Details) $ in Millions |
6 Months Ended |
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Jun. 30, 2025
USD ($)
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Goodwill [Roll Forward] | |
Beginning balance | $ 6,458.9 |
Translation Adjustments | 148.7 |
Ending balance | 6,607.6 |
Cumulative Goodwill Impairment Charges | 223.6 |
Automation & Motion Control | |
Goodwill [Roll Forward] | |
Beginning balance | 2,012.5 |
Translation Adjustments | 63.4 |
Ending balance | 2,075.9 |
Cumulative Goodwill Impairment Charges | 5.1 |
Industrial Powertrain Solutions | |
Goodwill [Roll Forward] | |
Beginning balance | 3,697.2 |
Translation Adjustments | 77.9 |
Ending balance | 3,775.1 |
Cumulative Goodwill Impairment Charges | 18.1 |
Power Efficiency Solutions | |
Goodwill [Roll Forward] | |
Beginning balance | 749.2 |
Translation Adjustments | 7.4 |
Ending balance | 756.6 |
Cumulative Goodwill Impairment Charges | $ 200.4 |
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- Definition Amount, after accumulated impairment loss, of asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of foreign currency translation gain (loss) which increases (decreases) asset representing future economic benefit from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of accumulated impairment loss for asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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