SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2025

Reportable Business Segments


	Three months ended June 30, 2025
	Americas		Asia Pacific		Europe, Middle East & Africa		Total
Sales	$	1,609.9	$	615.5	$	615.2	$	2,840.6
Intersegment sales	7.6		55.3		139.6		202.5
Net Sales	1,602.3		560.2		475.6		2,638.1
Significant segment expenses
Cost of sales(1)	1,021.1		413.7		294.9		1,729.7
Marketing, sales and service costs	88.8		34.7		22.6		146.1
Engineering, research and development costs	55.3		29.0		26.8		111.1
Information technology costs	20.6		12.3		7.6		40.5
Restructuring costs	0.6		0.9		0.3		1.8
Other segment items(2)	31.3		10.4		19.2		60.9
Operating profit (loss)	384.6		59.2		104.2		548.0
Foreign currency gain (loss)							(2.3)
Corporate							(56.4)
Total corporate and other							(58.7)
Amortization of intangibles							(46.9)
Operating profit (loss)							442.4

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

(2) Other segment expenses mostly consist of general and administrative expenses such as Finance, Human Resources, Treasury and Legal costs.


	Three months ended June 30, 2024
	Americas		Asia Pacific		Europe, Middle East & Africa		Total
Sales	$	1,126.9	$	448.3	$	561.2	$	2,136.4
Intersegment sales	5.8		39.2		138.6		183.6
Net Sales	1,121.1		409.1		422.6		1,952.8
Significant segment expenses
Cost of sales(1)	659.7		288.7		252.0		1,200.4
Marketing, sales and service costs	81.5		30.2		24.0		135.7
Engineering, research and development costs	47.4		24.2		21.4		93.0
Information technology costs	19.7		14.9		8.6		43.2
Restructuring costs	0.2		(2.5)		—		(2.3)
Other segment items(2)	27.5		21.3		7.1		55.9
Operating profit (loss)	285.1		32.3		109.5		426.9
Foreign currency gain (loss)							(0.2)
Corporate							(44.9)
Total corporate and other							(45.1)
Amortization of intangibles							(45.8)
Operating profit (loss)							$	336.0

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

(2) Other segment expenses mostly consist of general and administrative expenses such as Finance, Human Resources, Treasury and Legal costs.


	Six months ended June 30, 2025
	Americas		Asia Pacific		Europe, Middle East & Africa		Total
Sales	$	2,807.1	$	1,101.6	$	1,143.5	$	5,052.2
Intersegment sales	19.5		94.2		264.4		378.1
Net Sales	2,787.6		1,007.4		879.1		4,674.1
Significant segment expenses
Cost of sales(1)	1,783.2		738.5		546.9		3,068.6
Marketing, sales and service costs	154.0		63.5		46.8		264.3
Engineering, research and development costs	105.6		54.0		50.1		209.7
Information technology costs	42.5		28.8		17.8		89.1
Restructuring costs	0.7		0.9		0.9		2.5
Other segment items(2)	57.3		16.8		33.7		107.8
Operating profit (loss)	644.3		104.9		182.9		932.1
Foreign currency gain (loss)							(4.9)
Corporate							(101.2)
Total corporate and other							(106.1)
Amortization of intangibles							(92.9)
Operating profit (loss)							733.1

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

(2) Other segment expenses mostly consist of general and administrative expenses such as Finance, Human Resources, Treasury and Legal costs.


	Six months ended June 30, 2024
	Americas		Asia Pacific		Europe, Middle East & Africa		Total
Sales	$	2,060.2	$	808.5	$	1,032.7	$	3,901.4
Intersegment sales	14.1		67.1		228.3		309.5
Net Sales	2,046.1		741.4		804.4		3,591.9
Significant segment expenses
Cost of sales(1)	1,244.6		523.1		495.9		2,263.6
Marketing, sales and service costs	154.0		57.9		46.9		258.8
Engineering, research and development costs	89.1		46.0		40.4		175.5
Information technology costs	37.9		28.7		16.6		83.2
Restructuring costs	0.3		(2.1)		0.7		(1.1)
Other segment items(2)	47.3		25.1		24.1		96.5
Operating profit (loss)	472.9		62.7		179.8		715.4
Foreign currency gain (loss)							(3.4)
Corporate							(81.6)
Total corporate and other							(85.0)
Amortization of intangibles							(91.8)
Operating profit (loss)							$	538.6

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

(2) Other segment expenses mostly consist of general and administrative expenses such as Finance, Human Resources, Treasury and Legal costs.


Depreciation and Amortization	Three months ended June 30, 2025		Three months ended June 30, 2024		Six months ended June 30, 2025		Six months ended June 30, 2024
Americas	$	32.9	$	31.2	$	65.7	$	62.1
Asia Pacific	9.1		8.2		18.2		17.0
Europe, Middle East & Africa	22.1		21.1		43.1		42.2
Corporate and other	9.2		7.9		17.9		15.8
Total	$	73.3	$	68.4	$	144.9	$	137.1