v3.25.3
SEGMENT INFORMATION - Schedule of Financial Information Attributable to the Reporting Segments (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Reporting Information [Line Items]        
Net Sales $ 1,497.0 $ 1,477.4 $ 4,411.2 $ 4,572.7
Adjusted Cost of Sales 947.4 929.4 2,781.0 2,922.4
Adjusted Engineering, Selling and Administration Expenses 296.3 284.2 866.2 870.9
Other Segment Items 78.9 89.7 247.7 277.5
Income from Operations 174.4 174.1 516.3 501.9
Interest Expense 87.0 98.0 262.5 305.1
Interest Income (5.3) (5.1) (14.6) (13.2)
Other (Income) Expense, Net 0.8 (0.2) 2.4 0.4
Income before Taxes 91.9 81.4 266.0 209.6
Other Supplemental Disclosures        
Amortization 87.3 86.8 259.5 260.0
Depreciation 41.9 40.6 117.5 122.6
Capital Expenditures 23.5 29.3 70.5 80.2
Other significant noncash items:        
Loss on Sale of Businesses 0.0 0.0 0.0 4.3
Automation & Motion Control        
Segment Reporting Information [Line Items]        
Net Sales 402.0 401.6 1,209.4 1,224.0
Industrial Powertrain Solutions        
Segment Reporting Information [Line Items]        
Net Sales 662.3 644.2 1,924.8 1,963.1
Power Efficiency Solutions        
Segment Reporting Information [Line Items]        
Net Sales 432.7 431.6 1,277.0 1,227.8
Industrial Systems        
Segment Reporting Information [Line Items]        
Net Sales       157.8
Operating Segments, Excluding Intersegment Elimination        
Segment Reporting Information [Line Items]        
Net Sales (6.7) (7.1) (21.6) (26.9)
Operating Segments, Excluding Intersegment Elimination | Automation & Motion Control        
Segment Reporting Information [Line Items]        
Net Sales 404.6 406.2 1,218.9 1,237.5
Operating Segments, Excluding Intersegment Elimination | Industrial Powertrain Solutions        
Segment Reporting Information [Line Items]        
Net Sales 665.8 646.2 1,935.8 1,969.8
Operating Segments, Excluding Intersegment Elimination | Power Efficiency Solutions        
Segment Reporting Information [Line Items]        
Net Sales 433.3 432.1 1,278.1 1,234.0
Operating Segments, Excluding Intersegment Elimination | Industrial Systems        
Segment Reporting Information [Line Items]        
Net Sales   0.0 0.0 158.3
Intersegment Eliminations        
Segment Reporting Information [Line Items]        
Net Sales (6.7) (7.1) (21.6) (26.9)
Intersegment Eliminations | Automation & Motion Control        
Segment Reporting Information [Line Items]        
Net Sales (2.6) (4.6) (9.5) (13.5)
Intersegment Eliminations | Industrial Powertrain Solutions        
Segment Reporting Information [Line Items]        
Net Sales (3.5) (2.0) (11.0) (6.7)
Intersegment Eliminations | Power Efficiency Solutions        
Segment Reporting Information [Line Items]        
Net Sales (0.6) (0.5) (1.1) (6.2)
Intersegment Eliminations | Industrial Systems        
Segment Reporting Information [Line Items]        
Net Sales   0.0 0.0 (0.5)
Operating Segments | Automation & Motion Control        
Segment Reporting Information [Line Items]        
Net Sales 402.0 401.6 1,209.4 1,224.0
Adjusted Cost of Sales 258.6 252.1 766.8 762.1
Adjusted Engineering, Selling and Administration Expenses 93.2 89.6 273.7 261.6
Other Segment Items 27.5 28.9 80.7 87.3
Income from Operations 22.7 31.0 88.2 113.0
Other Supplemental Disclosures        
Amortization 34.6 33.9 103.0 102.5
Depreciation 14.8 12.3 37.4 35.2
Capital Expenditures 7.4 7.6 23.7 20.0
Other significant noncash items:        
Loss on Sale of Businesses       0.0
Operating Segments | Industrial Powertrain Solutions        
Segment Reporting Information [Line Items]        
Net Sales 662.3 644.2 1,924.8 1,963.1
Adjusted Cost of Sales 388.3 377.3 1,112.4 1,165.6
Adjusted Engineering, Selling and Administration Expenses 136.0 123.7 390.5 370.6
Other Segment Items 51.9 58.7 161.7 170.5
Income from Operations 86.1 84.5 260.2 256.4
Other Supplemental Disclosures        
Amortization 51.1 50.9 151.6 151.1
Depreciation 17.9 18.9 53.2 59.6
Capital Expenditures 10.0 13.7 32.3 36.8
Other significant noncash items:        
Loss on Sale of Businesses       0.0
Operating Segments | Power Efficiency Solutions        
Segment Reporting Information [Line Items]        
Net Sales 432.7 431.6 1,277.0 1,227.8
Adjusted Cost of Sales 300.5 299.8 901.8 874.6
Adjusted Engineering, Selling and Administration Expenses 67.1 69.9 202.0 208.5
Other Segment Items (0.5) 3.3 5.3 12.5
Income from Operations 65.6 58.6 167.9 132.2
Other Supplemental Disclosures        
Amortization 1.6 2.0 4.9 6.2
Depreciation 9.2 9.4 26.9 27.4
Capital Expenditures $ 6.1 8.0 14.5 19.1
Other significant noncash items:        
Loss on Sale of Businesses       0.0
Operating Segments | Industrial Systems        
Segment Reporting Information [Line Items]        
Net Sales   0.0 0.0 157.8
Adjusted Cost of Sales   0.2 0.0 120.1
Adjusted Engineering, Selling and Administration Expenses   1.0 0.0 30.2
Other Segment Items   (1.2) 0.0 7.2
Income from Operations   0.0 0.0 0.3
Other Supplemental Disclosures        
Amortization   0.0 0.0 0.2
Depreciation   0.0 0.0 0.4
Capital Expenditures   $ 0.0 $ 0.0 4.3
Other significant noncash items:        
Loss on Sale of Businesses       $ 4.3