v3.25.2
SEGMENT INFORMATION - Schedule of Financial Information Attributable to the Reporting Segments (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Net Sales $ 1,496.1 $ 1,547.6 $ 2,914.2 $ 3,095.3
Adjusted Cost of Sales 938.1 982.6 1,833.7 1,993.2
Adjusted Engineering, Selling and Administration Expenses 288.5 289.8 570.0 586.6
Other Segment Items 87.2 81.3 168.5 187.7
Income from Operations 182.3 193.9 342.0 327.8
Interest Expense 85.3 101.7 175.5 207.1
Interest Income (5.1) (5.0) (9.3) (8.1)
Other Expense, Net 0.9 0.3 1.6 0.6
Income before Taxes 101.2 96.9 174.2 128.2
Other Supplemental Disclosures        
Amortization 86.8 86.5 172.2 173.2
Depreciation 35.5 40.5 75.6 82.0
(Gain) Loss on Sale of Businesses 0.0 (17.2) 0.0 4.3
Capital Expenditures 30.2 32.4 47.0 50.9
Automation & Motion Control        
Segment Reporting Information [Line Items]        
Net Sales 411.1 422.2 807.4 822.4
Industrial Powertrain Solutions        
Segment Reporting Information [Line Items]        
Net Sales 649.8 675.5 1,262.5 1,318.9
Power Efficiency Solutions        
Segment Reporting Information [Line Items]        
Net Sales 435.2 410.9 844.3 796.2
Industrial Systems        
Segment Reporting Information [Line Items]        
Net Sales   39.0   157.8
Operating Segments, Excluding Intersegment Elimination        
Segment Reporting Information [Line Items]        
Net Sales (7.7) (7.9) (14.9) (20.7)
Operating Segments, Excluding Intersegment Elimination | Automation & Motion Control        
Segment Reporting Information [Line Items]        
Net Sales 414.6 427.5 814.3 832.2
Operating Segments, Excluding Intersegment Elimination | Industrial Powertrain Solutions        
Segment Reporting Information [Line Items]        
Net Sales 653.8 677.3 1,270.0 1,323.7
Operating Segments, Excluding Intersegment Elimination | Power Efficiency Solutions        
Segment Reporting Information [Line Items]        
Net Sales 435.4 411.5 844.8 801.9
Operating Segments, Excluding Intersegment Elimination | Industrial Systems        
Segment Reporting Information [Line Items]        
Net Sales   39.2   158.2
Intersegment Eliminations        
Segment Reporting Information [Line Items]        
Net Sales (7.7) (7.9) (14.9) (20.7)
Intersegment Eliminations | Automation & Motion Control        
Segment Reporting Information [Line Items]        
Net Sales (3.5) (5.3) (6.9) (9.8)
Intersegment Eliminations | Industrial Powertrain Solutions        
Segment Reporting Information [Line Items]        
Net Sales (4.0) (1.8) (7.5) (4.7)
Intersegment Eliminations | Power Efficiency Solutions        
Segment Reporting Information [Line Items]        
Net Sales (0.2) (0.6) (0.5) (5.7)
Intersegment Eliminations | Industrial Systems        
Segment Reporting Information [Line Items]        
Net Sales   (0.2)   (0.5)
Operating Segments | Automation & Motion Control        
Segment Reporting Information [Line Items]        
Net Sales 411.1 422.2 807.4 822.4
Adjusted Cost of Sales 262.4 260.7 508.1 510.1
Adjusted Engineering, Selling and Administration Expenses 91.7 87.8 180.5 172.0
Other Segment Items 26.6 31.9 53.3 58.3
Income from Operations 30.4 41.8 65.5 82.0
Other Supplemental Disclosures        
Amortization 34.5 34.2 68.4 68.6
Depreciation 11.0 11.4 22.6 22.9
(Gain) Loss on Sale of Businesses   0.0   0.0
Capital Expenditures 10.3 6.5 16.3 12.4
Operating Segments | Industrial Powertrain Solutions        
Segment Reporting Information [Line Items]        
Net Sales 649.8 675.5 1,262.5 1,318.9
Adjusted Cost of Sales 371.5 404.2 724.2 788.4
Adjusted Engineering, Selling and Administration Expenses 129.0 122.9 254.5 246.8
Other Segment Items 56.9 58.6 109.7 111.8
Income from Operations 92.4 89.8 174.1 171.9
Other Supplemental Disclosures        
Amortization 50.6 50.2 100.5 100.2
Depreciation 15.7 20.5 35.3 40.7
(Gain) Loss on Sale of Businesses   0.0   0.0
Capital Expenditures 14.1 14.3 22.3 23.1
Operating Segments | Power Efficiency Solutions        
Segment Reporting Information [Line Items]        
Net Sales 435.2 410.9 844.3 796.2
Adjusted Cost of Sales 304.2 286.4 601.4 574.8
Adjusted Engineering, Selling and Administration Expenses 67.8 71.1 135.0 138.6
Other Segment Items 3.7 8.3 5.5 9.2
Income from Operations 59.5 45.1 102.4 73.6
Other Supplemental Disclosures        
Amortization 1.7 2.1 3.3 4.2
Depreciation 8.8 8.5 17.7 18.0
(Gain) Loss on Sale of Businesses   0.0   0.0
Capital Expenditures $ 5.8 7.4 $ 8.4 11.1
Operating Segments | Industrial Systems        
Segment Reporting Information [Line Items]        
Net Sales   39.0   157.8
Adjusted Cost of Sales   31.3   119.9
Adjusted Engineering, Selling and Administration Expenses   8.0   29.2
Other Segment Items   (17.5)   8.4
Income from Operations   17.2   0.3
Other Supplemental Disclosures        
Amortization   0.0   0.2
Depreciation   0.1   0.4
(Gain) Loss on Sale of Businesses   (17.2)   4.3
Capital Expenditures   $ 4.2   $ 4.3