v3.26.3
Business Segment Information - Schedule of Income (Loss) from Continuing Operations by Reportable Segment (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment Reporting Information [Line Items]        
Net sales $ 2,841.6 $ 2,688.6 $ 8,074.5 $ 7,733.5
Cost of sales (excluding R&D) 2,359.1 2,178.7 6,720.9 6,205.4
Research and development 42.2 39.4 121.1 133.2
Gross income 440.3 470.5 1,232.5 1,394.9
Employee compensation 127.5 114.8 393.4 368.0
Amortization of purchased intangibles 14.3 13.9 43.0 41.2
Intangible asset impairment 0.0 0.0 0.0 5.7
Other items 101.4 [1] 81.4 [2] 273.8 [1] 252.5 [2]
Operating income 197.1 260.4 522.3 727.5
Interest expense, net of interest income (25.0) (28.1) (77.5) (81.2)
Miscellaneous, net 5.8 6.1 7.5 13.9
Income before income taxes and earnings (losses) of unconsolidated affiliates 177.9 238.4 452.3 660.2
Operating Segments        
Segment Reporting Information [Line Items]        
Net sales 2,801.5 2,665.6 7,959.4 7,657.3
Cost of sales (excluding R&D) 2,326.0 2,159.5 6,624.3 6,141.3
Research and development 36.9 35.5 107.6 114.5
Gross income 438.6 470.6 1,227.5 1,401.5
Employee compensation 88.0 83.1 273.7 261.0
Amortization of purchased intangibles 13.5 13.2 40.6 39.0
Intangible asset impairment 0.0 0.0 0.0 0.0
Other items 95.6 [1] 78.0 [2] 259.6 [1] 237.0 [2]
Operating income 241.5 296.3 653.6 864.5
Operating Segments | Access Segment        
Segment Reporting Information [Line Items]        
Net sales 1,339.6 1,109.7 3,656.8 3,322.8
Cost of sales (excluding R&D) 1,086.4 895.4 3,000.0 2,617.3
Research and development 22.1 21.1 68.4 64.4
Gross income 231.1 193.2 588.4 641.1
Employee compensation 44.5 36.5 132.5 118.2
Amortization of purchased intangibles 4.2 3.8 12.5 10.8
Intangible asset impairment 0.0 0.0 0.0 0.0
Other items 36.7 [1] 34.9 [2] 111.4 [1] 109.4 [2]
Operating income 145.7 118.0 332.0 402.7
Operating Segments | Vocational Segment        
Segment Reporting Information [Line Items]        
Net sales 899.9 968.0 2,691.7 2,804.5
Cost of sales (excluding R&D) 719.4 741.4 2,133.0 2,132.5
Research and development 6.9 13.3 23.6 45.3
Gross income 173.6 213.3 535.1 626.7
Employee compensation 30.7 33.4 98.5 102.7
Amortization of purchased intangibles 9.3 9.4 28.1 28.2
Intangible asset impairment 0.0 0.0 0.0 0.0
Other items 46.0 [1] 28.8 [2] 115.1 [1] 89.0 [2]
Operating income 87.6 141.7 293.4 406.8
Operating Segments | Transport Segment        
Segment Reporting Information [Line Items]        
Net sales 562.0 587.9 1,610.9 1,530.0
Cost of sales (excluding R&D) 520.2 522.7 1,491.3 1,391.5
Research and development 7.9 1.1 15.6 4.8
Gross income 33.9 64.1 104.0 133.7
Employee compensation 12.8 13.2 42.7 40.1
Amortization of purchased intangibles 0.0 0.0 0.0 0.0
Intangible asset impairment 0.0 0.0 0.0 0.0
Other items 12.9 [1] 14.3 [2] 33.1 [1] 38.6 [2]
Operating income 8.2 36.6 28.2 55.0
Operating Segments | Corporate and Other        
Segment Reporting Information [Line Items]        
Net sales 40.1 23.0 115.1 76.2
Cost of sales (excluding R&D) 33.1 19.2 96.6 64.1
Research and development 5.3 3.9 13.5 18.7
Gross income 1.7 (0.1) 5.0 (6.6)
Employee compensation 39.5 31.7 119.7 107.0
Amortization of purchased intangibles 0.8 0.7 2.4 2.2
Intangible asset impairment 0.0 0.0 0.0 5.7
Other items 5.8 [1] 3.4 [2] 14.2 [1] 15.5 [2]
Operating income $ (44.4) $ (35.9) $ (131.3) $ (137.0)
[1] Includes outside services and consulting, software and information technology, bad debt, advertising, travel, lease expense, depreciation and other miscellaneous SG&A expenses.
[2] Includes outside services and consulting, software and information technology, travel, office expenses, depreciation, advertising, lease expense and other miscellaneous SG&A expenses.