v3.26.1
SEGMENT INFORMATION - Schedule of Sales By Business Segment (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Net sales $ 3,274.3 $ 2,638.1 $ 5,923.8 $ 4,674.1
Restructuring costs (3.9) 1.9 (8.8) 3.0
Operating profit (loss) 637.9 442.4 1,078.0 733.1
Foreign currency gain (loss) (3.9) (2.3) (2.3) (4.9)
Income (loss) before income taxes 620.0 421.1 1,058.3 686.5
Amortization of intangibles 73.7 46.9 151.3 92.9
Americas        
Segment Reporting [Line Items]        
Net sales 2,070.8 1,602.3 3,885.2 2,787.6
Asia Pacific        
Segment Reporting [Line Items]        
Net sales 719.9 560.2 1,233.6 1,007.4
Europe, Middle East & Africa        
Segment Reporting [Line Items]        
Net sales 483.6 475.6 805.0 879.1
Operating Segments        
Segment Reporting [Line Items]        
Net sales 3,724.3 2,840.6 6,672.3 5,052.2
Cost of sales 2,024.4 1,729.7 3,661.6 3,068.6
Marketing, sales and service costs 191.2 146.1 345.7 264.3
Engineering, research and development costs 139.9 111.1 265.7 209.7
Information technology costs 57.8 40.5 107.8 89.1
Restructuring costs   1.8 (4.9) 2.5
Other segment items 69.8 60.9 145.6 107.8
Operating profit (loss) 791.2 548.0 1,402.3 932.1
Operating Segments | Americas        
Segment Reporting [Line Items]        
Net sales 2,078.4 1,609.9 3,900.8 2,807.1
Cost of sales 1,208.1 1,021.1 2,286.5 1,783.2
Marketing, sales and service costs 126.7 88.8 221.4 154.0
Engineering, research and development costs 86.4 55.3 162.0 105.6
Information technology costs 30.7 20.6 57.5 42.5
Restructuring costs 0.0 0.6 0.1 0.7
Other segment items 47.5 31.3 96.1 57.3
Operating profit (loss) 571.4 384.6 1,061.6 644.3
Operating Segments | Asia Pacific        
Segment Reporting [Line Items]        
Net sales 935.4 615.5 1,566.1 1,101.6
Cost of sales 539.0 413.7 901.5 738.5
Marketing, sales and service costs 33.7 34.7 66.0 63.5
Engineering, research and development costs 29.1 29.0 56.3 54.0
Information technology costs 17.0 12.3 31.6 28.8
Restructuring costs 0.0 0.9 0.0 0.9
Other segment items 5.5 10.4 15.2 16.8
Operating profit (loss) 95.6 59.2 163.0 104.9
Operating Segments | Europe, Middle East & Africa        
Segment Reporting [Line Items]        
Net sales 710.5 615.2 1,205.4 1,143.5
Cost of sales 277.3 294.9 473.6 546.9
Marketing, sales and service costs 30.8 22.6 58.3 46.8
Engineering, research and development costs 24.4 26.8 47.4 50.1
Information technology costs 10.1 7.6 18.7 17.8
Restructuring costs 0.0 0.3 (5.0) 0.9
Other segment items 16.8 19.2 34.3 33.7
Operating profit (loss) 124.2 104.2 177.7 182.9
Intersegment sales        
Segment Reporting [Line Items]        
Net sales 450.0 202.5 748.5 378.1
Intersegment sales | Americas        
Segment Reporting [Line Items]        
Net sales 7.6 7.6 15.6 19.5
Intersegment sales | Asia Pacific        
Segment Reporting [Line Items]        
Net sales 215.5 55.3 332.5 94.2
Intersegment sales | Europe, Middle East & Africa        
Segment Reporting [Line Items]        
Net sales 226.9 139.6 400.4 264.4
Corporate        
Segment Reporting [Line Items]        
Income (loss) before income taxes (75.7) (56.4) (170.7) (101.2)
Total corporate and other        
Segment Reporting [Line Items]        
Income (loss) before income taxes (79.6) (58.7) (173.0) (106.1)
Amortization of intangibles        
Segment Reporting [Line Items]        
Amortization of intangibles $ (73.7) $ (46.9) $ (151.3) $ (92.9)