Granted (shares)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period
Document Type
Document Type
EURIBOR
EURIBOR [Member]
EURIBOR
Other income
Other income
Other Nonoperating Income (Expense)
Other comprehensive loss
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Schedule of warranty liabilities
Schedule of Product Warranty Liability [Table Text Block]
Granted (shares)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross
Related Party [Axis]
Related Party [Axis]
Power Transmission
Power Transmission
Power Transmission Segment [Member]
Power Transmission Segment [Member]
Segments [Axis]
Segments [Axis]
Post-retirement benefits
Retirement Benefits [Text Block]
Schedule of accumulated other comprehensive income (loss)
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Vested (usd per share)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value
Greater China
CHINA
Schedule of Restructuring and Related Costs [Table]
Schedule of Restructuring and Related Costs [Table]
North America, excluding U.S.
North America Excluding United States [Member]
North America Excluding United States [Member]
Related party transaction, expenses incurred
Related Party Transaction, Expenses from Transactions with Related Party
—Dollar Term Loan
Dollar Term Loan
Dollar Term Loan [Member]
Dollar Term Loan [Member]
Derivative assets
Derivative Asset
Secured multi-currency facility
Secured Multi-Currency Facility [Member]
Secured Multi-Currency Facility [Member]
Statistical Measurement [Domain]
Statistical Measurement [Domain]
Liabilities and equity
Liabilities and Equity [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restructuring Cost and Reserve
Restructuring Cost and Reserve [Line Items]
Total gain
Net Investment Hedge Gain (Loss)
Net Investment Hedge Gain (Loss)
Deferred income taxes
Deferred Income Tax Liabilities, Net
Quarterly amortization payment on debt
Debt Instrument, Periodic Payment
Derivative financial instruments
Derivative Instruments and Hedging Activities Disclosure [Text Block]
Taxes payable
Taxes Payable, Noncurrent
Taxes Payable, Noncurrent
Name of each exchange on which registered
Security Exchange Name
Intangible assets, net
Net
Intangible Assets, Net (Excluding Goodwill)
South America
South America [Member]
Cash received under corporate-owned life insurance policies
Proceeds from Life Insurance Policy
Operating income from continuing operations
Operating income from continuing operations
Operating Income (Loss)
Debt issuance costs paid
Payments of Debt Issuance Costs
Postemployment Benefits [Abstract]
Postemployment Benefits [Abstract]
Total current liabilities
Liabilities, Current
Interest rate swaps due June 30, 2020 through June 30, 2023
Interest Rate Swaps Due June 30, 2020 Through June 30, 2023 [Member]
Interest Rate Swaps Due June 30, 2020 Through June 30, 2023 [Member]
Severance-related expenses (included in cost of sales)
Severance Costs
—PRSUs
Performance Shares [Member]
Prepaid expenses and other assets
Prepaid Expense and Other Assets, Current
Beginning balance (usd per share)
Ending balance (usd per share)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value
Variable Rate [Domain]
Variable Rate [Domain]
Variable Rate [Axis]
Variable Rate [Axis]
Commitments and contingencies (note 18)
Commitments and Contingencies
Tranche 2
Share-based Payment Arrangement, Tranche Two [Member]
Assets
Assets [Abstract]
Vesting period
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period
Accounting Policies [Abstract]
Accounting Policies [Abstract]
Taxes payable
Taxes Payable, Current
Entity Address, State
Entity Address, State or Province
Assumed fair value exercise price (usd per share)
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Exercise Price
Vested (shares)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period
—SARs
Stock Appreciation Rights (SARs) [Member]
Foreign currency translation
Goodwill, Foreign Currency Translation Gain (Loss)
Analysis of accumulated other comprehensive income (loss)
Comprehensive Income (Loss) Note [Text Block]
—Net translation loss on foreign operations, net of tax expense, respectively, of $0 and $0
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax
—Retained earnings
Retained Earnings (Accumulated Deficit)
Debt Instrument, Redemption
Debt Instrument, Redemption [Line Items]
Right-of-use assets
Operating Lease, Right-of-Use Asset
—Gain (loss) arising in the period, net of tax (expense) benefit, respectively, of $(1.9) and $2.5
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax
Underwriting fees
Underwriting Fees [Member]
Underwriting Fees [Member]
Other items not directly related to current operations
Other Cost And Expense (Income), Operating, Excluding Sponsor Fees
Other Cost And Expense (Income), Operating, Excluding Sponsor Fees
Beginning balance (shares)
Ending balance (shares)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number
Purchases
Purchases
Related Party Transaction, Purchases from Related Party
Schedule of assets and liabilities measured at fair value on a recurring basis
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
—Premium-priced options
Premium-Priced Option [Member]
Premium-Priced Option [Member]
Intangible assets, foreign currency translation gain (loss)
Finite Lived Intangible Assets, Foreign Currency Translation Gain (Loss)
Earnings per share from continuing operations (in usd per share)
Income (Loss) from Continuing Operations, Per Diluted Share
Hedging Designation [Domain]
Hedging Designation [Domain]
Earnings per share from discontinued operations (in usd per share)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share
Exercisable at the end of the period (shares)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number
Raw materials and supplies
Inventory, Raw Materials and Supplies, Net of Reserves
Par value (usd per share)
Common Stock, Par or Stated Value Per Share
Valuation Approach and Technique [Domain]
Valuation Approach and Technique [Domain]
Other non-current liabilities
Other Liabilities, Noncurrent
Deferred income taxes
Deferred Income Tax Assets, Net
Released during the period
Standard Product Warranty Accrual, Increase (Decrease) for Preexisting Warranties
Other investing activities
Payments for (Proceeds from) Other Investing Activities
Operating Activities [Axis]
Operating Activities [Axis]
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Work in progress
Inventory, Work in Process, Net of Reserves
—Share-based compensation
APIC, Share-based Payment Arrangement, Increase for Cost Recognition
Effect of exchange rate changes on cash and cash equivalents and restricted cash
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
Related party, amount of transaction
Related Party Transaction, Amounts of Transaction
Inventories
Total inventories
Inventory, Net
Net sales
Revenue from Contract with Customer, Excluding Assessed Tax
Measurement Frequency [Domain]
Measurement Frequency [Domain]
Tranche 3
Share-based Payment Arrangement, Tranche Three [Member]
Net income from continuing operations
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
Geographical [Domain]
Geographical [Domain]
Term of award
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period
Gain recognized in statement of operations
Foreign Currency Transaction Gain (Loss), Realized
Net charge for the period
Net Restructuring Charges
Restructuring costs excluding those that flow through the income statement for which there are no reserves
Statement
Statement [Line Items]
Earnings per share
Earnings Per Share, Basic and Diluted [Abstract]
Transaction-related expenses (income)
Business Combination, Acquisition Related Costs
Related party transaction, ownership percentage threshold which terminates milestone payment
Related Party Transaction, Ownership Percentage Threshold Terminating Milestone Payment
Related Party Transaction, Ownership Percentage Threshold Terminating Milestone Payment
Statement [Table]
Statement [Table]
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Table]
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Table]
—Interest cost
Defined Benefit Plan, Interest Cost
Statistical Measurement [Axis]
Statistical Measurement [Axis]
Type of Restructuring [Domain]
Type of Restructuring [Domain]
Credit Facility [Axis]
Credit Facility [Axis]
Fair value of debt
Debt Instrument, Fair Value Disclosure
Indefinite-lived, accumulated impairment
Indefinite-Lived Intangible Assets (Excluding Goodwill), Impaired, Accumulated Impairment Loss
Indefinite-Lived Intangible Assets (Excluding Goodwill), Impaired, Accumulated Impairment Loss
Addition to fees
Debt Instrument, Issuance Fees
Debt Instrument, Issuance Fees
—Amortization to net income of prior period fair value losses
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Amortization Of Prior Period Fair Values Gains (Losses) Before Reclassification And Tax
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Amortization Of Prior Period Fair Values Gains (Losses) Before Reclassification And Tax
—Reclassification from OCI to net income
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities [Abstract]
Entity Small Business
Entity Small Business
Background
Consolidation, Policy [Policy Text Block]
Other operating expenses
Other Operating Income (Expense), Net
Total net leverage ratio
Ratio of Indebtedness to Net Capital
Increase (Decrease) in Stockholders' Equity
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Debt
Debt Disclosure [Text Block]
Fair Value Hierarchy and NAV [Domain]
Fair Value Hierarchy and NAV [Domain]
Cash flow hedges (Interest rate derivatives):
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, Tax [Abstract]
Contractual term of options exercisable
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term
Issuance of shares
Proceeds from Issuance of Common Stock
Cost of sales
Cost of Revenue
Tranche 5
Share-based Compensation Award, Tranche Five [Member]
Share-based Compensation Award, Tranche Five [Member]
—2022
Debt Instrument, Redemption, Period One [Member]
SG&A
—Severance expenses included in SG&A
Selling, General and Administrative Expenses [Member]
Cost and carrying amount
Goodwill [Roll Forward]
Amendment Flag
Amendment Flag
Schedule of computation of net income per share
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Secured credit facilities
Secured Credit Facilities Paying Interest At Floating Rates [Member]
Secured Credit Facilities Paying Interest At Floating Rates [Member]
Gain (loss) on net investment hedges, tax
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Tax
Finite-Lived Intangible Assets, Major Class Name [Domain]
Finite-Lived Intangible Assets, Major Class Name [Domain]
Line of credit carrying value
Long-term Line of Credit
Term loan
Term Loan [Member]
Term Loan [Member]
—Reclassification to net income, net of tax expense, respectively, of $(1.0) and $0
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax
Net cash (used in) provided by operations
Net Cash Provided by (Used in) Operating Activities
Comprehensive income (loss) attributable to shareholders:
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract]
Entity Central Index Key
Entity Central Index Key
Related Party [Domain]
Related Party [Domain]
Restructuring and other strategic initiatives
Restructuring and Related Activities Disclosure [Text Block]
Current borrowing capacity of credit facility
Line of Credit Facility, Current Borrowing Capacity
Measurement Frequency [Axis]
Measurement Frequency [Axis]
Defined Benefit Plans and Other Postretirement Benefit Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
—Capitalized software
Computer Software, Intangible Asset [Member]
Related Party Transaction
Related Party Transaction [Line Items]
Cash flow hedges
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Restructuring expenses
Restructuring expenses
Restructuring Charges, Including Adjustments
Restructuring Charges, Including Adjustments
Derivative Instrument [Axis]
Derivative Instrument [Axis]
United Kingdom (“U.K.”)
UNITED KINGDOM
Finite-Lived Intangible Assets by Major Class [Axis]
Finite-Lived Intangible Assets by Major Class [Axis]
—Expected return on plan assets
Defined Benefit Plan, Expected Return (Loss) on Plan Assets
Schedule of carrying amount and fair value of debt
Fair Value, by Balance Sheet Grouping [Table Text Block]
European Office And Distribution Center
European Office And Distribution Center [Member]
European Office And Distribution Center
Gain (loss) on derivative, recognized in the income statement
Derivative, Gain (Loss) on Derivative, Net
Other non- current liabilities
Other Noncurrent Liabilities [Member]
—2024 and thereafter
Debt Instrument, Redemption, Period Three [Member]
Fair Value Measurement [Domain]
Fair Value Measurement [Domain]
Schedule of finite-lived intangible assets
Schedule of Finite-Lived Intangible Assets [Table Text Block]
Receivables
Due from Related Parties
EURIBOR
Euro Interbank Offered Rate [Member]
Euro Interbank Offered Rate [Member]
Accrued capital expenditures
Capital Expenditures Incurred but Not yet Paid
Taxes receivable
Income Taxes Receivable, Current
Geographical [Axis]
Geographical [Axis]
Cash flow hedges (Interest rate derivatives):
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax [Abstract]
Segments [Domain]
Segments [Domain]
Unrecognized compensation relating to non-vested awards
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount
Statement of Cash Flows [Abstract]
Statement of Cash Flows [Abstract]
Dilutive effect of share-based awards (in shares)
Weighted Average Number Diluted Shares Outstanding Adjustment
Sponsor
Majority Shareholder [Member]
Income Statement Location [Axis]
Income Statement Location [Axis]
—Gain on net investment hedges, net of tax expense, respectively, of $0 and $0
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax
Entity Common Stock, Shares Outstanding
Entity Common Stock, Shares Outstanding
Performance period
Share-based Compensation Arrangement by Share-based Payment Award, Award Performance Period
Share-based Compensation Arrangement by Share-based Payment Award, Award Performance Period
Income Statement Location [Domain]
Income Statement Location [Domain]
Cash flows from financing activities
Net Cash Provided by (Used in) Financing Activities [Abstract]
Loss on disposal of discontinued operations, net of tax, respectively, of $0 and $0
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax
Selling, general and administrative expenses
Selling, General and Administrative Expense
Notional amount of derivative contracts
Derivative, Notional Amount
Amortization expense
Amortization of Intangible Assets
Support and services agreement
Support And Services Agreement [Member]
Support And Services Agreement [Member]
Line of Credit Facility [Table]
Line of Credit Facility [Table]
Other non-current assets
Other Assets, Noncurrent
Plan Name [Axis]
Plan Name [Axis]
Segment information
Segment Reporting Disclosure [Text Block]
—Issuance of shares
Stock Issued During Period, Value, New Issues
Related party transaction, fair value of equity threshold which terminates milestone payment
Related Party Transaction, Fair Value Of Equity Threshold Terminating Milestone Payment
Related Party Transaction, Fair Value Of Equity Threshold Terminating Milestone Payment
Unrecognized compensation relating to non-vested awards recognizable upon liquidity
Employee Service Share-based Compensation, Nonvested Awards, Compensation Recognized Upon Liquidity
Employee Service Share-based Compensation, Nonvested Awards, Compensation Recognized Upon Liquidity
Total assets
Assets
Related party transactions
Related Party Transactions Disclosure [Text Block]
Introduction
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]
Beginning balance (shares)
Ending balance (shares)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number
Title of each class
Title of 12(b) Security
Finite-lived, net
Finite-Lived Intangible Assets, Net
Cost of sales
—Severance expenses included in cost of sales
Cost of Sales [Member]
Vesting [Domain]
Vesting [Domain]
Accrued interest
Interest Payable
Interest expense
Interest expense
Interest Expense
Related party transaction, fee as a percentage of EBITDA
Related Party Transaction, Fee As Percentage Of Earning Before Interest, Taxes, Depreciation And Amortization
Related Party Transaction, Fee As Percentage Of Earning Before Interest, Taxes, Depreciation And Amortization
Depreciation and amortization
Depreciation and amortization
Depreciation, Depletion and Amortization
—Loss arising from discontinued operations
Discontinued Operations [Member]
Schedule of redemption prices plus accrued and unpaid interest
Debt Instrument Redemption [Table Text Block]
Total liabilities
Liabilities
Other non- current assets
Other Noncurrent Assets [Member]
Number of classes of stock (class)
Number Of Classes Of Stock
Number Of Classes Of Stock
Unrecognized compensation relating to non-vested awards, recognition period (term)
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition
Expected volatility (percentage)
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate
Valuation Approach and Technique [Axis]
Valuation Approach and Technique [Axis]
Retirement Plan Type [Axis]
Retirement Plan Type [Axis]
—Other restructuring expenses
Other Restructuring [Member]
Schedule of Related Party Transactions, by Related Party [Table]
Schedule of Related Party Transactions, by Related Party [Table]
Indefinite-lived, cost
Indefinite-Lived Intangible Assets (Excluding Goodwill), Gross
Indefinite-Lived Intangible Assets (Excluding Goodwill), Gross
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Abstract]
Quoted prices in active markets (Level 1)
Fair Value, Inputs, Level 1 [Member]
Contractual term of options that were vested or expect to vest
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Weighted Average Remaining Contractual Term
Bonds, letters of credit, and bank guarantees
Guaranty Liabilities
—Fair value gain (loss) on cash flow hedges
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax
Accumulated amortization and impairment
Intangible Assets (Excluding Goodwill), Accumulated Amortization And Impairment Loss
Intangible Assets (Excluding Goodwill), Accumulated Amortization and Impairment Loss
—Increase in inventories
Increase (Decrease) in Inventories
Fair Value, Recurring and Nonrecurring [Table]
Fair Value, Recurring and Nonrecurring [Table]
—Increase in accounts payable
Increase (Decrease) in Accounts Payable
Number of awards
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Vesting of restricted stock units, net of withholding taxes (in shares)
Vesting Of Restricted Shares and Stock Units, Shares
Vesting Of Restricted Shares and Stock Units, Shares
Debt Instrument [Axis]
Debt Instrument [Axis]
Additional paid-in capital
Additional Paid-in Capital [Member]
Other operating activities
Other Operating Activities, Cash Flow Statement
Derivative liabilities
Derivative Liability
Adjustments to reconcile net income to net cash provided by operations:
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Earnings per share from continuing operations (in usd per share)
Income (Loss) from Continuing Operations, Per Basic Share
Outstanding shares ( in shares)
Balance as of the beginning of the period (in shares)
Balance as of the end of the period (in shares)
Common Stock, Shares, Outstanding
Operating Activities [Domain]
Operating Activities [Domain]
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Abstract]
Revolving credit facility
Revolving Credit Facility [Member]
Schedule of Goodwill [Table]
Schedule of Goodwill [Table]
—Tier II
Monte Carlo Valuation Technique Tier II [Member]
Monte Carlo Valuation Technique Tier II [Member]
Beginning balance (usd per share)
Ending balance (usd per share)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price
Foreign currency translation:
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax [Abstract]
Letters of credit outstanding
Letters of Credit Outstanding, Amount
Authorized shares (in shares)
Common Stock, Shares Authorized
Proceeds from stock options exercised
Proceeds from Stock Options Exercised
Schedule of net sales by key geographic regions and markets
Revenue from External Customers by Geographic Areas [Table Text Block]
—Consulting expenses
Consulting Expenses [Member]
Consulting Expenses [Member]
Balance as of the beginning of the period
Balance as of the end of the period
Standard Product Warranty Accrual
Severance expenses (included in SG&A)
Other Severance Related Costs
Other Severance Related Costs
Schedule of net sales by operating segment
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Asset impairments
Impairment of Long-Lived Assets Held-for-use
Pension surplus
Defined Benefit Plan, Funded (Unfunded) Status of Plan
Post-retirement benefits:
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax [Abstract]
Fair value
Estimate of Fair Value Measurement [Member]
Income Statement [Abstract]
Income Statement [Abstract]
Accumulated other comprehensive loss
Accumulated OCI attributable to shareholders
AOCI Attributable to Parent [Member]
—Increase in prepaid expenses and other assets
Increase (Decrease) in Prepaid Expense and Other Assets
Charge for the period
Standard Product Warranty Accrual, Increase for Warranties Issued
Total post-retirement benefits movements
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax
Schedule of Segment Reporting Information, by Segment [Table]
Schedule of Segment Reporting Information, by Segment [Table]
Name of Property [Domain]
Name of Property [Domain]
Interest paid, including capitalized interest, operating and investing activities
Interest Paid, Including Capitalized Interest, Operating and Investing Activities
Current assets
Assets, Current [Abstract]
Loss (income) on disposal of discontinued operations, tax
Discontinued Operation, Tax Effect of Gain (Loss) from Disposal of Discontinued Operation
Omaha Topco Ltd. Stock Incentive Plan
Omaha Topco Ltd. Stock Incentive Plan [Member]
Omaha Topco Ltd. Stock Incentive Plan [Member]
Accumulated OCI
AOCI Including Portion Attributable to Noncontrolling Interest [Member]
Comprehensive income attributable to parent
Comprehensive Income (Loss), Net of Tax, Attributable to Parent
Gain recognized in OCI
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax
Adjusted EBITDA
Adjusted EBITDA
Adjusted Earnings Before Interest, Taxes, Depreciation, And Amortization
Adjusted Earnings Before Interest, Taxes, Depreciation, And Amortization
Restructuring reserves
Restructuring Reserve [Roll Forward]
—Interest rate caps
Interest rate cap
Interest Rate Cap [Member]
Purchases of property, plant and equipment
Payments to Acquire Property, Plant, and Equipment
City Area Code
City Area Code
July 1, 2019 to June 30, 2023
Interest Rate Caps Due July 1, 2019 Through June 30, 2023 [Member]
Interest Rate Caps Due July 1, 2019 Through June 30, 2023 [Member]
Document Period End Date
Document Period End Date
Net investment hedges
Net Investment Hedging [Member]
Net income
Net income
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
Euro Term Loan
—Euro Term Loan
Euro Term Loan [Member]
Euro Term Loan [Member]
Warranty reserves
Movement in Standard Product Warranty Accrual [Roll Forward]
Hedging Designation [Axis]
Hedging Designation [Axis]
Schedule of inventories
Schedule of Inventory, Current [Table Text Block]
Long-term Debt, Type [Domain]
Long-term Debt, Type [Domain]
Share-based compensation expense
Share-based compensation expense
Share-based Payment Arrangement, Noncash Expense
Equity investments
Equity Securities, FV-NI
Other financing activities
Proceeds from (Payments for) Other Financing Activities
Derivatives designated as hedging instruments:
Designated as Hedging Instrument [Member]
Cover [Abstract]
Schedule of restructuring costs
Restructuring and Related Costs [Table Text Block]
Other comprehensive (loss) income, net of tax, attributable to noncontrolling interest
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest
Released during the period
Restructuring Reserve, Accrual Adjustment
Equity method investees
Equity Method Investee [Member]
Derivative Instruments, Gain (Loss) [Table]
Derivative Instruments, Gain (Loss) [Table]
Intangible assets
Intangible Assets Disclosure [Text Block]
Non-Gates entities controlled by non-controlling shareholders
Affiliated Entity [Member]
Total carrying value of debt
Long-term Debt
Goodwill
Goodwill [Line Items]
Redemption price in the event of sale (percent)
Debt Instrument, Redemption Price Percentage, In The Event Of Sale
Debt Instrument, Redemption Price Percentage, In The Event Of Sale
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Abstract]
—Employer service cost
Defined Benefit Plan, Service Cost
—Increase (decrease) in taxes payable
Increase (Decrease) in Accrued Taxes Payable
—Customer relationships
Customer Relationships [Member]
Equity Components [Axis]
Equity Components [Axis]
Finished goods
Inventory, Finished Goods, Net of Reserves
Share-based Payment Arrangement [Abstract]
Share-based Payment Arrangement [Abstract]
Debt Instrument, Name [Domain]
Debt Instrument, Name [Domain]
Minimum
Minimum [Member]
Accrued expenses and other current liabilities
Accrued Expenses And Other Liabilities, Current [Member]
Accrued Expenses And Other Liabilities, Current [Member]
Balance Sheet Location [Domain]
Balance Sheet Location [Domain]
Restructuring expenses:
Restructuring Charges, Including Adjustments [Member]
Restructuring Charges, Including Adjustments [Member]
Taxes receivable
Income Taxes Receivable, Noncurrent
Property, plant and equipment, net
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization
Developed
Developed Markets [Member]
Developed Markets [Member]
East Asia and India
East Asia And India [Member]
East Asia And India [Member]
Unrecognized compensation relating to non-vested awards other than option
Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount
Less: non-controlling interests
Net Income (Loss) Attributable to Noncontrolling Interest
Gain recognized from derivative instruments
Derivative Instruments, Gain (Loss) [Table Text Block]
Forfeited (usd per share)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value
Schedule of share based compensation valuation techniques
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
—Net amortization of prior period losses (gains)
Defined Benefit Plan, Amortization of Gain (Loss)
Derivative Instruments, Gain (Loss)
Derivative Instruments, Gain (Loss) [Line Items]
Entity Interactive Data Current
Entity Interactive Data Current
Net periodic benefit cost
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)
Schedule of fair values of derivative financial instruments
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
U.S.
UNITED STATES
Exercised (usd per share)
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price
Fair value measurement
Fair Value Disclosures [Text Block]
Cash flows from operating activities
Net Cash Provided by (Used in) Operating Activities [Abstract]
Equity
Stockholders' Equity Note Disclosure [Text Block]
Schedule of stock option activity
Share-based Payment Arrangement, Option, Activity [Table Text Block]
Derivatives, Fair Value
Derivatives, Fair Value [Line Items]
—Interest rate swaps
Interest Rate Swap [Member]
Accounting periods
Fiscal Period, Policy [Policy Text Block]
Foreign currency translation
Restructuring Reserve, Foreign Currency Translation Gain (Loss)
Entity Registrant Name
Entity Registrant Name
Derivative [Table]
Derivative [Table]
Statement of Stockholders' Equity [Abstract]
Statement of Stockholders' Equity [Abstract]
—(Decrease) increase in other liabilities
Increase (Decrease) in Other Operating Liabilities
Reconciliation of Adjusted EBITDA to net income from continuing operations
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
Deferred issuance costs
Capitalized debt financing costs
Debt Issuance Costs, Net
Weighted average exercise price $
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Cost
Intangible Assets, Gross (Excluding Goodwill)
Retirement Plan Type [Domain]
Retirement Plan Type [Domain]
Weighted average number of shares outstanding (in shares)
Weighted Average Number of Shares Issued, Basic
—Currency forward contracts
Forward contracts
Forward Contracts [Member]
Derivatives not designated as hedging instruments:
Not designated as hedging instrument
Not Designated as Hedging Instrument [Member]
Entity Incorporation, Country Code
Entity Incorporation, State or Country Code
Trade accounts receivable, net
Accounts Receivable, after Allowance for Credit Loss, Current
Balance as of the beginning of the period
Balance as of the end of the period
Restructuring Reserve
Lease liabilities
Lease, Liability, Noncurrent
Lease, Liability, Noncurrent
Current
Short-term Debt, Fair Value
Dividends received from equity method investees
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions
Debt Instrument, Redemption, Period [Domain]
Debt Instrument, Redemption, Period [Domain]
—Tier IV
Monte Carlo Valuation Technique Tier IV [Member]
Monte Carlo Valuation Technique Tier IV [Member]
Quarterly amortization payment rate
Debt Instrument, Quarterly Amortization Payment Rate
Debt Instrument, Quarterly Amortization Payment Rate
Entity Address, Postal Zip Code
Entity Address, Postal Zip Code
—2023
Debt Instrument, Redemption, Period Two [Member]
Restructuring Type [Axis]
Restructuring Type [Axis]
Foreign currency translation
Accumulated Defined Benefit Plans Adjustment, Net Transition Attributable to Parent [Member]
Discrete tax benefit
Other Tax Expense (Benefit)
Utilized during the period
Payments for Restructuring
Goodwill
Beginning balance
Ending balance
Goodwill
Other comprehensive (loss) income, net of tax, attributable to parent
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent
Document Transition Report
Document Transition Report
Debt Instrument, Redemption, Period [Axis]
Debt Instrument, Redemption, Period [Axis]
Percentage of shares expected to vest upon achievement of certain relative shareholders return (percentage)
Share-based Compensation Arrangement by Share-based Payment Award, Percentage Expected To Vest Upon Achievement Of Certain Relative Shareholder Return
Share-based Compensation Arrangement by Share-based Payment Award, Percentage Expected To Vest Upon Achievement Of Certain Relative Shareholder Return
—Other loans
Other Unsecured Loans [Member]
Other Unsecured Loans [Member]
Total expenses related to other strategic initiatives
Restructuring Costs and Asset Impairment Charges
Debt instrument principal amount
Debt Instrument, Face Amount
Significant observable inputs (Level 2)
Fair Value, Inputs, Level 2 [Member]
Document Quarterly Report
Document Quarterly Report
Total number of shares expected to vest at term of award arrangement (percentage)
Share-based Compensation Arrangement by Share-based Payment Award, Percentage Expected To Vest Through Performance Period
Share-based Compensation Arrangement by Share-based Payment Award, Percentage Expected To Vest Through Performance Period
Vesting [Axis]
Vesting [Axis]
Schedule of goodwill
Schedule of Goodwill [Table Text Block]
Forfeited (shares)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period
Equity [Abstract]
Equity [Abstract]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Earnings per share from discontinued operations (in usd per share)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share
Trade accounts payable
Accounts Payable, Trade, Current
Granted (usd per share)
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price
Reclassification of prior year actuarial movements, tax
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, Tax
Vested and expected to vest at the end of the period (shares)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number
Credit Facility [Domain]
Credit Facility [Domain]
Derivative Contract [Domain]
Derivative Contract [Domain]
Diluted weighted average number of shares outstanding (in shares)
Weighted Average Number of Shares Outstanding, Diluted
Letter of credit sub-facility
Letter of Credit [Member]
Earnings per share (in usd per share)
Basic earnings per share (in usd per share)
Earnings Per Share, Basic
Expected option life (years)
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term
Entity File Number
Entity File Number
Foreign currency translation:
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax [Abstract]
Forfeited (shares)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period
Debt Disclosure [Abstract]
Debt Disclosure [Abstract]
Total net fair value (losses) gains
Other Comprehensive Income (Loss), Net Investment Hedge, Gain (Loss), before Reclassification and Tax
Post-retirement benefit obligations
Liability, Defined Benefit Plan, Noncurrent
EMEA, excluding U.K.
Rest of EMEA [Member]
Rest of EMEA [Member]
Unsecured debt:
Unsecured debt
Unsecured Debt [Member]
Net cash used in financing activities
Net Cash Provided by (Used in) Financing Activities
Payments of long-term debt
Repayments of Long-term Debt
Revenues from External Customers and Long-Lived Assets
Revenues from External Customers and Long-Lived Assets [Line Items]
Balance Sheet Location [Axis]
Balance Sheet Location [Axis]
Net translation gain (loss) on foreign operations, tax
OCI, Foreign Currency Transaction and Translation Gain (Loss), Arising During Period, Tax
—Shares, par value of $0.01 each - authorized shares: 3,000,000,000; outstanding shares: 291,598,982 (January 2, 2021: authorized shares: 3,000,000,000; outstanding shares: 290,853,067)
Common Stock, Value, Issued
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-Lived Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Document Fiscal Year Focus
Document Fiscal Year Focus
Non-current assets
Assets, Noncurrent [Abstract]
Aggregate intrinsic value of options exercisable
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value
Debt, current portion
Debt, current portion
Long-term Debt, Current Maturities
Entity Current Reporting Status
Entity Current Reporting Status
Interest rate during period on debt
Debt Instrument, Interest Rate During Period
—Non-severance labor and benefit expenses
Non-Severance Labor And Benefit Expenses [Member]
Non-Severance Labor And Benefit Expenses
—Currency swaps
Currency swap
Currency Swap [Member]
Related Party Transaction [Axis]
Related Party Transaction [Axis]
Comprehensive income (loss) for the period
Total comprehensive (loss) income
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest
Schedule of Long-term Debt Instruments [Table]
Schedule of Long-term Debt Instruments [Table]
Non-controlling interests
Stockholders' Equity Attributable to Noncontrolling Interest
Granted (usd per share)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value
Inventory Disclosure [Abstract]
Inventory Disclosure [Abstract]
Vesting percentage
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage
Cash flows from investing activities
Net Cash Provided by (Used in) Investing Activities [Abstract]
Cash and cash equivalents
Cash and Cash Equivalents, at Carrying Value
Currency forward contracts
Foreign Exchange Forward [Member]
Schedule of Defined Benefit Plans Disclosures [Table]
Schedule of Defined Benefit Plans Disclosures [Table]
—Tier I
Black-Scholes Valuation Model [Member]
Black-Scholes Valuation Model [Member]
Debt, less current portion
Debt, less current portion
Long-term Debt, Excluding Current Maturities
Debt instrument, interest rate, increase (decrease)
Debt Instrument, Interest Rate, Increase (Decrease)
Segment Reporting [Abstract]
Segment Reporting [Abstract]
Interest expense
Interest Expense [Member]
Percentage of total debt redeemable (percent)
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed
—Increase in accounts receivable
Increase (Decrease) in Accounts Receivable
Debt Instrument
Debt Instrument [Line Items]
Total shareholders’ equity
Stockholders' Equity Attributable to Parent
Statement of Comprehensive Income [Abstract]
Statement of Comprehensive Income [Abstract]
—Tier III
Monte Carlo Valuation Technique Tier III [Member]
Monte Carlo Valuation Technique Tier III [Member]
Total liabilities and equity
Liabilities and Equity
—Accumulated other comprehensive loss
Accumulated Other Comprehensive Income (Loss), Net of Tax
Net
Derivative Assets (Liabilities), at Fair Value, Net
Income taxes
Income Tax Disclosure [Text Block]
Entity Address, City
Entity Address, City or Town
Portion at Fair Value Measurement
Portion at Fair Value Measurement [Member]
Fair Value Hierarchy and NAV [Axis]
Fair Value Hierarchy and NAV [Axis]
Purchases of intangible assets
Payments to Acquire Intangible Assets
—RSUs
Restricted Stock Units (RSUs) [Member]
Total shareholders’ equity
Parent [Member]
Hedging Relationship [Axis]
Hedging Relationship [Axis]
Number of anti-dilutive shares excluded from diluted earnings per share calculation (in shares)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount
Line of Credit Facility
Line of Credit Facility [Line Items]
Equity Component [Domain]
Equity Component [Domain]
Schedule of derivative effect on OCI
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Asset-backed revolver
Asset-Backed Revolver Facility [Member]
Asset-Backed Revolver Facility [Member]
Gross profit
Gross Profit
Entity Tax Identification Number
Entity Tax Identification Number
Foreign currency translation
Standard Product Warranty Accrual, Foreign Currency Translation Gain (Loss)
Cash paid under corporate-owned life insurance policies
Payment to Acquire Life Insurance Policy, Investing Activities
Gates Industrial Corporation Plc 2018 Omnibus Incentive Plan
Gates Industrial Corporation Plc 2018 Omnibus Incentive Plan [Member]
Gates Industrial Corporation Plc 2018 Omnibus Incentive Plan [Member]
Share-based compensation
Share-based Payment Arrangement [Text Block]
Interest Rate Contract
Interest Rate Contract [Member]
Net income attributable to shareholders
Net income attributable to shareholders
Net Income (Loss) Attributable to Parent
Post-retirement benefits:
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax [Abstract]
Changes in operating assets and liabilities, net of effects of acquisitions:
Increase (Decrease) in Operating Capital [Abstract]
LIBOR
London Interbank Offered Rate (LIBOR) [Member]
Inventories
Inventory Disclosure [Text Block]
Other comprehensive loss
Other comprehensive (loss) income
Other Comprehensive Income (Loss), Net of Tax
Long-term Debt, Type [Axis]
Long-term Debt, Type [Axis]
Total current assets
Assets, Current
Current Fiscal Year End Date
Current Fiscal Year End Date
Goodwill
Goodwill Disclosure [Text Block]
Recent accounting pronouncements not yet adopted
Description of New Accounting Pronouncements Not yet Adopted [Text Block]
Comprehensive loss attributable to non-controlling interests
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest
Earnings Per Share [Abstract]
Earnings Per Share [Abstract]
Restructuring expenses
Restructuring expenses
Restructuring Charges
Post- retirement benefits
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Shareholders’ equity
Stockholders' Equity Attributable to Parent [Abstract]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of options
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Document Fiscal Period Focus
Document Fiscal Period Focus
—Reclassification of prior year actuarial movements to net income, net of tax expense, respectively, of $0 and $0
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax
Percentage of shares expected to vest upon achievement of average annual adjusted return on invested capital (percentage)
Share-based Compensation Arrangement by Share-based Payment Award, Percentage Expected To Vest Upon Achievement Of Average Annual Adjusted Return On Invested Capital
Share-based Compensation Arrangement by Share-based Payment Award, Percentage Expected To Vest Upon Achievement Of Average Annual Adjusted Return On Invested Capital
Number properties (properties)
Number of Real Estate Properties
Aggregate intrinsic value of non options vested
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Vested
Contributions
Defined Benefit Plan, Plan Assets, Contributions by Employer
Supplemental schedule of cash flow information
Supplemental Cash Flow Information [Abstract]
Redemption price (percent)
Debt Instrument, Redemption Price, Percentage
Schedule of movement in number of shares in issue
Schedule of Stockholders Equity [Table Text Block]
Middle East
Middle East [Member]
Entity Filer Category
Entity Filer Category
Share capital
Common Stock [Member]
Cumulative translation adjustment
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Total cash flow hedges movements
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax, Parent
Payables to related parties
Payables
Due to Related Parties
—Technology
Technology-Based Intangible Assets [Member]
Secured debt
Secured debt:
Secured Debt [Member]
Decrease in post-employment benefit obligations, net
Pension and Other Postretirement Benefits Expense (Reversal of Expense), Noncash
Finite-lived, cost
Finite-Lived Intangible Assets, Gross
—Currency swaps recognized in other income
Other Nonoperating Income (Expense) [Member]
Expected future employer contributions in current fiscal year
Defined Benefit Plan, Expected Future Employer Contributions, Current Fiscal Year
Stated interest rate on debt (percent)
Debt Instrument, Interest Rate, Stated Percentage
Schedule of related party transactions
Schedule of Related Party Transactions [Table Text Block]
Redemption price in the event of change in control (percent)
Debt Instrument, Redemption Price Percentage, In The Event Of Change In Control
Debt Instrument, Redemption Price Percentage, In The Event Of Change In Control
Name of Property [Axis]
Name of Property [Axis]
Aggregate intrinsic value of options that were vested or expected to vest
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value
Diluted
Earnings Per Share, Diluted [Abstract]
Exercised (shares)
Exercise of share options (in shares)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period
Related Party Transactions [Abstract]
Related Party Transactions [Abstract]
Net decrease in cash and cash equivalents and restricted cash
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
Schedule of RSU and PRSU activity
Schedule of Nonvested Share Activity [Table Text Block]
Hedging Relationship [Domain]
Hedging Relationship [Domain]
Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]
Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]
—Share options
Share-based Payment Arrangement, Option [Member]
Basis of presentation
Basis of Accounting, Policy [Policy Text Block]
Variable rate floor (percent)
Variable interest rate on debt (percent)
Debt Instrument, Basis Spread on Variable Rate
Risk-free interest rate (percentage)
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate
Forfeited (usd per share)
Share-based Compensation Arrangements by Share-based Payment Award, Options, Forfeitures in Period, Weighted Average Exercise Price
Total foreign currency translation movements
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax
—Severance expenses
Severance Costs
Employee Severance [Member]
Carrying amount
Reported Value Measurement [Member]
Plan Name [Domain]
Plan Name [Domain]
Interest paid
Interest Paid, Excluding Capitalized Interest, Operating Activities
Former transaction and monitoring fee agreement
Former Transaction And Monitoring Fee Agreement [Member]
Former Transaction And Monitoring Fee Agreement [Member]
Movement recognized in OCI in relation to:
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax [Abstract]
Total equity
Beginning Balance
Ending Balance
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
—Additional paid-in capital
Additional Paid in Capital
Non-current
Long-term Debt, Fair Value
Foreign exchange and other non-cash financing expenses
Foreign Currency Transaction Gain (Loss), before Tax
Income tax expense (benefit)
Income tax expense (benefit)
Income Tax Expense (Benefit)
RSU's and PRSU's
Restricted Stock Units and Performance Shares [Member]
Restricted Stock Units and Performance Shares [Member]
Income taxes paid
Income Taxes Paid, Net
Cash and cash equivalents and restricted cash at the beginning of the period
Cash and cash equivalents and restricted cash at the end of the period
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
Non-controlling interests
AOCI Attributable to Noncontrolling Interest [Member]
Gain (loss) arising in the period, tax benefit
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax
Accrued expenses and other current liabilities
Accrued Liabilities, Current
Earnings per share (in usd per share)
Diluted earnings per share (in usd per share)
Earnings Per Share, Diluted
Local Phone Number
Local Phone Number
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Tranche 1
Share-based Payment Arrangement, Tranche One [Member]
Aggregate intrinsic value of options exercised
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value
Derivative
Derivative [Line Items]
Schedule of indefinite-lived intangible assets
Schedule of Indefinite-Lived Intangible Assets [Table Text Block]
Total principal of debt
Principal amount of debt outstanding
Long-term Debt, Gross
Schedule of long-term debt
Schedule of Long-term Debt Instruments [Table Text Block]
Entity Address, Street Address
Entity Address, Address Line One
Fluid Power
Fluid Power
Fluid Power Segment [Member]
Fluid Power Segment [Member]
Related Party Transaction [Domain]
Related Party Transaction [Domain]
Entity Emerging Growth Company
Entity Emerging Growth Company
Indefinite-lived, net
Indefinite-lived Intangible Assets (Excluding Goodwill)
Share based compensation expense recognized
Share-based Payment Arrangement, Expense, after Tax
Schedule of Finite-Lived Intangible Assets [Table]
Schedule of Finite-Lived Intangible Assets [Table]
Deferred income taxes
Deferred Income Tax Expense (Benefit)
Prior to Jan 15, 2022
Debt Instrument, Redemption, Period Four [Member]
Reclassification tax benefit
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax
Severance expenses (included in cost of sales)
Severance Cost And Other Non Severance Related Cost
Severance Cost And Other Non Severance Related Cost
Maximum borrowing capacity of credit facility
Line of Credit Facility, Maximum Borrowing Capacity
Award Type [Axis]
Award Type [Axis]
Weighted average grant date fair value $
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Tranche 4
Share-based Compensation Award, Tranche Four [Member]
Share-based Compensation Award, Tranche Four [Member]
Prepaid expenses and other assets
Prepaid Expenses and Other Current Assets [Member]
Finite-lived, accumulated amortization
Finite-Lived Intangible Assets, Accumulated Amortization
Maximum
Maximum [Member]
Non- controlling interests
Noncontrolling Interest [Member]
Retained (deficit) earnings
Retained Earnings [Member]
Measurement Basis [Axis]
Measurement Basis [Axis]
Total movement
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax
Schedule of components of net periodic benefit cost for pensions and other post-retirement benefits
Schedule of Net Benefit Costs [Table Text Block]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Reported effective income tax rate (percent)
Effective Income Tax Rate Reconciliation, Percent
Net cash used in investing activities
Net Cash Provided by (Used in) Investing Activities
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]
Korean Facility
Korean Facility [Member]
Korean Facility
Award Type [Domain]
Award Type [Domain]
Non-current liabilities
Liabilities, Noncurrent [Abstract]
Foreign exchange gains (losses)
Schedule Of Foreign Exchange Gains And Losses On Debt Instruments [Table Text Block]
Schedule Of Foreign Exchange Gains And Losses On Debt Instruments [Table Text Block]
Other post-retirement benefits
Other Postretirement Benefits Plan [Member]
Schedule of restructuring reserves activity
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
Trading Symbol(s)
Trading Symbol
Sales
Revenue from Related Parties
Exercisable at the end of the period (usd per share)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price
—6.25% Dollar Senior Notes due 2026
Redemption price
Dollar Senior Notes 6.25% Due 2026 [Member]
Dollar Senior Notes 6.25% Due 2026 [Member]
Accumulated Other Comprehensive Income (Loss) [Table]
Accumulated Other Comprehensive Income (Loss) [Table]
Schedule of Revenues from External Customers and Long-Lived Assets [Table]
Schedule of Revenues from External Customers and Long-Lived Assets [Table]
Payments made
Standard Product Warranty Accrual, Decrease for Payments
Commitments and contingencies
Commitments Contingencies and Guarantees [Text Block]
—Income (loss) arising from continuing operations
Continuing Operations [Member]
Facility Closing
Facility Closing [Member]
Pensions
Pension Plan [Member]
Earnings per share
Earnings Per Share [Text Block]
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Current liabilities
Liabilities, Current [Abstract]
Entity Shell Company
Entity Shell Company
Debt Instrument Redemption [Table]
Debt Instrument Redemption [Table]
Segment Reporting Information
Segment Reporting Information [Line Items]
Fair Value, Measurements, Recurring
Fair Value, Recurring [Member]
Vested and expected to vest at the end of the period (usd per share)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price
Emerging
Emerging Markets [Member]
Emerging Markets [Member]
New accounting pronouncements adopted and policies not yet adopted
New Accounting Pronouncements, Policy [Policy Text Block]
Statement of Financial Position [Abstract]
Statement of Financial Position [Abstract]
Basic
Earnings Per Share, Basic [Abstract]