v3.25.3
RESTRUCTURING ACTIVITIES (Tables)
9 Months Ended
Sep. 30, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Reserve
The following table presents a reconciliation of provisions and payments for the restructuring projects for the three and nine months ended September 30, 2025 and September 30, 2024:
Three Months EndedNine Months Ended
September 30, 2025September 30, 2024September 30, 2025September 30, 2024
Beginning Balance$13.9 $16.7 $16.3 $29.1 
Provision(1)
8.1 10.9 22.1 29.1 
Less: Payments7.8 10.2 24.2 40.8 
Ending Balance$14.2 $17.4 $14.2 $17.4 

(1) Excludes equipment related write-offs and restructuring related depreciation adjustments
Schedule of Reconciliation Of Expenses By Type
The following table presents a reconciliation of restructuring costs for restructuring projects for the three and nine months ended September 30, 2025 and September 30, 2024:
Three Months Ended
September 30, 2025September 30, 2024
Restructuring Costs:Cost of SalesOperating ExpensesTotalCost of SalesOperating ExpensesTotal
Employee Termination Expenses$2.6 $3.2 $5.8 $3.1 $7.0 $10.1 
Facility Related Costs1.1 1.4 2.5 2.0 0.1 2.1 
Other Expenses0.1 0.4 0.5 0.2 0.5 0.7 
  Total Restructuring Costs$3.8 $5.0 $8.8 $5.3 $7.6 $12.9 
Nine Months Ended
September 30, 2025September 30, 2024
Restructuring Costs:Cost of SalesOperating ExpensesTotalCost of SalesOperating ExpensesTotal
Employee Termination Expenses$6.8 $9.5 $16.3 $8.9 $10.2 $19.1 
Facility Related Costs4.7 2.1 6.8 4.9 0.5 5.4 
Other Expenses0.6 0.2 0.8 5.5 1.9 7.4 
  Total Restructuring Costs$12.1 $11.8 $23.9 $19.3 $12.6 $31.9 
The following table presents restructuring costs by segment for the three and nine months ended September 30, 2025 and September 30, 2024:
Restructuring Costs - Three Months EndedAutomation & Motion ControlIndustrial Powertrain SolutionsPower Efficiency SolutionsIndustrial SystemsTotal
September 30, 2025$2.1 $5.2 $1.5 $— $8.8 
September 30, 2024$5.8 $5.3 $1.8 $— $12.9 
Restructuring Costs - Nine Months EndedAutomation & Motion ControlIndustrial Powertrain SolutionsPower Efficiency SolutionsIndustrial SystemsTotal
September 30, 2025$3.2 $18.4 $2.3 $— $23.9 
September 30, 2024$9.1 $10.4 $11.4 $1.0 $31.9