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GOODWILL AND INTANGIBLE ASSETS
 9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
Goodwill

As required, the Company performs an annual impairment test of goodwill as of the end of October or more frequently if events or circumstances change that would more likely than not reduce the fair value of its reporting units below their carrying value.

The following table presents changes to goodwill during the nine months ended September 30, 2026:
Automation & Motion ControlIndustrial Powertrain SolutionsPower Efficiency SolutionsTotal
Balance as of December 31, 2025$2,078.7 $3,775.4 $757.2 $6,611.3 
Impairment Charges(119.3)— — (119.3)
Translation Adjustments(25.9)(17.2)(1.1)(44.2)
Balance as of September 30, 2026$1,933.5 $3,758.2 $756.1 $6,447.8 
Cumulative Goodwill Impairment Charges$124.4 $18.1 $200.4 $342.9 
Intangible Assets
Intangible assets consist of the following:
September 30, 2026December 31, 2025
Weighted Average Amortization Period (Years)Gross ValueAccumulated
Amortization		Net Carrying AmountGross ValueAccumulated
Amortization		Net Carrying Amount
Customer Relationships15$3,919.6 $1,355.0 $2,564.6 $3,993.6 $1,188.7 $2,804.9 
Technology13296.2 146.0 150.2 300.2 131.5 168.7 
Trademarks10705.6 327.4 378.2 719.1 274.3 444.8 
Total Intangibles$4,921.4 $1,828.4 $3,093.0 $5,012.9 $1,594.5 $3,418.4 

Amortization expense recorded for the three and nine months ended September 30, 2026 was $86.9 million and $259.9 million, respectively. Amortization expense recorded for the three and nine months ended September 30, 2025 was $87.3 million and $259.5 million, respectively.
The Company reclassified $60.6 million of intangible asset gross value and $14.6 million of intangible asset accumulated amortization to noncurrent assets held for sale as of September 30, 2026. See Note 3 - Held for Sale for additional information.