SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Reportable Business Segments

	Three months ended March 31, 2025
	Americas		Asia Pacific		Europe, Middle East & Africa		Total
Sales	$	1,197.2	$	486.1	$	528.3	$	2,211.6
Intersegment sales	11.9		38.9		124.8		175.6
Net Sales	1,185.3		447.2		403.5		2,036.0
Significant segment expenses
Cost of sales(1)	762.1		324.8		252.0		1,338.9
Marketing, sales and service costs	65.2		28.8		24.2		118.2
Engineering, research and development costs	50.3		25.0		23.3		98.6
Information technology costs	21.9		16.5		10.2		48.6
Restructuring costs	0.1		—		0.6		0.7
Other segment items(2)	26.0		6.4		14.5		46.9
Operating profit (loss)	259.7		45.7		78.7		384.1
Foreign currency gain (loss)							(2.6)
Corporate and other							(44.8)
Total corporate, other and eliminations							(47.4)
Amortization of intangibles							(46.0)
Operating profit (loss)							290.7

(1)    Cost of sales exclusive of engineering, research and development costs.

(2)    Other segment expenses mostly consists of general and administrative expenses such as Finance, HR, Treasury and Legal costs.

	Three months ended March 31, 2024
	Americas		Asia Pacific		Europe, Middle East & Africa		Total
Sales	$	933.3	$	360.2	$	471.5	$	1,765.0
Intersegment sales	8.3		27.9		89.7		125.9
Net Sales	925.0		332.3		381.8		1,639.1
Significant segment expenses
Cost of sales(1)	584.9		234.4		243.0		1,062.3
Marketing, sales and service costs	72.5		27.7		22.9		123.1
Engineering, research and development costs	41.7		21.8		19.0		82.5
Information technology costs	18.2		13.8		8.0		40.0
Restructuring costs	0.1		0.4		0.7		1.2
Other segment items(2)	19.8		3.8		17.9		41.5
Operating profit (loss)	187.8		30.4		70.3		288.5
Foreign currency gain (loss)							(3.2)
Corporate and other							(36.7)
Total corporate, other and eliminations							(39.9)
Amortization of intangibles							(46.0)
Operating profit (loss)							$	202.6

(1)    Cost of sales exclusive of engineering, research and development costs.

(2)    Other segment expenses mostly consists of general and administrative expenses such as Finance, HR, Treasury and Legal costs.

Total Assets	March 31, 2025		December 31, 2024
Americas	$	3,675.2	$	3,728.9
Asia Pacific	1,673.2		1,631.6
Europe, Middle East & Africa	2,873.6		2,654.8
	8,222.0		8,015.3
Corporate and other	1,229.1		1,117.2
Total	9,451.1		$	9,132.5

Depreciation and Amortization	Three months ended March 31, 2025		Three months ended March 31, 2024
Americas	$	32.8	$	30.9
Asia Pacific	9.1		8.8
Europe, Middle East & Africa	21.0		21.1
Corporate and other	8.7		7.9
Total	$	71.6	$	68.7

	Three months ended March 31, 2025		Three months ended March 31, 2024
Capital Expenditures
Americas	$	16.2	$	16.1
Asia Pacific	3.1		4.4
Europe, Middle East & Africa	12.6		14.3
Corporate and other	4.6		1.0
Total	$	36.5	$	35.8