v3.26.3
Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for the nine months ended September 30, 2026 were as follows:
Engineered BearingsIndustrial MotionTotal
Beginning balance, January 1$703.9 $782.5 $1,486.4 
Acquisitions— 53.5 53.5 
Foreign currency translation adjustments and other changes(5.1)(22.5)(27.6)
Ending balance$698.8 $813.5 $1,512.3 
Schedule of Finite-Lived Intangible Assets
The following table displays intangible assets as of September 30, 2026 and December 31, 2025:
Balance at September 30, 2026Balance at December 31, 2025
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Intangible assets
subject to amortization:
Customer relationships$823.6 $(330.0)$493.6 $863.0 $(321.9)$541.1 
Technology and know-how380.9 (159.9)221.0 392.3 (152.6)239.7 
Trade names156.6 (27.9)128.7 116.6 (23.6)93.0 
Capitalized software310.3 (287.0)23.3 312.0 (284.9)27.1 
Other2.4 (1.9)0.5 2.5 (1.7)0.8 
$1,673.8 $(806.7)$867.1 $1,686.4 $(784.7)$901.7 
Intangible assets not subject to amortization:
Trade names$53.0 $53.0 $91.9 $91.9 
FAA air agency certificates8.7 8.7 8.7 8.7 
$61.7 $61.7 $100.6 $100.6 
Total intangible assets$1,735.5 $(806.7)$928.8 $1,787.0 $(784.7)$1,002.3 
Schedule of Indefinite-Lived Intangible Assets
The following table displays intangible assets as of September 30, 2026 and December 31, 2025:
Balance at September 30, 2026Balance at December 31, 2025
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Intangible assets
subject to amortization:
Customer relationships$823.6 $(330.0)$493.6 $863.0 $(321.9)$541.1 
Technology and know-how380.9 (159.9)221.0 392.3 (152.6)239.7 
Trade names156.6 (27.9)128.7 116.6 (23.6)93.0 
Capitalized software310.3 (287.0)23.3 312.0 (284.9)27.1 
Other2.4 (1.9)0.5 2.5 (1.7)0.8 
$1,673.8 $(806.7)$867.1 $1,686.4 $(784.7)$901.7 
Intangible assets not subject to amortization:
Trade names$53.0 $53.0 $91.9 $91.9 
FAA air agency certificates8.7 8.7 8.7 8.7 
$61.7 $61.7 $100.6 $100.6 
Total intangible assets$1,735.5 $(806.7)$928.8 $1,787.0 $(784.7)$1,002.3