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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Schedule of Revenue by Reporting Segments
The following table presents our revenue, operating income, and operating margin for each segment.
 RevenueOperating IncomeOperating Margin
For the Year Ended December 31202220212020202220212020202220212020
Motion Technologies$1,374.0 $1,368.6 $1,121.1 $208.5 $258.2 $184.0 15.2 %18.9 %16.4 %
Industrial Process971.0 843.2 843.0 187.6 126.8 77.6 19.3 %15.0 %9.2 %
Connect & Control Technologies645.6 554.7 516.5 115.8 81.7 57.0 17.9 %14.7 %11.0 %
Eliminations(2.9)(1.5)(2.8)— — — — — 
Total segment results2,987.7 2,765.0 2,477.8 511.9 466.7 318.6 17.1 %16.9 %12.9 %
Asbestos-related benefit (costs), net(a)
— — — — 74.4 (66.3)— — — 
Other corporate costs— — — (43.9)(36.8)(25.8)— — — 
Total Corporate and other (costs) benefit— — — (43.9)37.6 (92.1)— — — 
Total$2,987.7 $2,765.0 $2,477.8 $468.0 $504.3 $226.5 15.7 %18.2 %9.1 %
(a)The 2021 period includes a pre-tax gain of $88.8 resulting from the InTelCo Management LLC (InTelCo) divestiture transaction. The 2020 period includes the impact of extending the net asbestos measurement over the full time period we expected claims to be filed against InTelCo. See Note 20, Commitments and Contingencies, for further information.
Schedule of Segment Reporting Information
The following table presents our assets as of December 31, 2022 and 2021, as well as our capital expenditures and depreciation and amortization expense for the years ended December 31, 2022, 2021, and 2020, by segment.
 AssetsCapital
Expenditures		Depreciation
and Amortization
20222021202220212020202220212020
Motion Technologies$1,311.9 $1,272.8 $73.2 $71.1 $43.8 $59.9 $64.1 $60.0 
Industrial Process1,218.6 1,030.0 10.9 6.7 8.3 25.3 22.3 23.7 
Connect & Control Technologies751.6 719.3 14.8 8.5 10.6 18.8 21.8 23.1 
Corporate and Other498.2 543.3 5.0 2.1 1.0 3.4 4.9 5.4 
Total$3,780.3 $3,565.4 $103.9 $88.4 $63.7 $107.4 $113.1 $112.2 
Business Segment Information by Geographical Information
The following table displays consolidated revenue by geographic region. Revenue is attributed to individual regions based on the destination of the product or service delivery.
For the Year Ended December 31, 2022Motion TechnologiesIndustrial ProcessConnect & Control TechnologiesEliminationsTotal
North America(a)
$266.9 $566.2 $390.2 $(2.8)$1,220.5 
Europe(b)
756.7 94.6 136.4 — 987.7 
Asia(c)
333.6 102.8 88.1 (0.1)524.4 
Middle East and Africa1.3 120.8 22.4 — 144.5 
South America15.5 86.6 8.5 — 110.6 
Total$1,374.0 $971.0 $645.6 $(2.9)$2,987.7 
For the Year Ended December 31, 2021
North America(a)
$249.9 $470.1 $331.4 $(1.5)$1,049.9 
Europe(b)
798.8 96.0 115.5 — 1,010.3 
Asia(c)
307.8 99.8 84.0 — 491.6 
Middle East and Africa1.0 97.7 18.1 — 116.8 
South America11.1 79.6 5.7 — 96.4 
Total$1,368.6 $843.2 $554.7 $(1.5)$2,765.0 
For the Year Ended December 31, 2020
North America(a)
$187.3 $479.0 $319.3 $(2.6)$983.0 
Europe(b)
676.4 95.5 97.4 — 869.3 
Asia(c)
243.8 93.1 77.0 (0.2)413.7 
Middle East and Africa1.5 92.0 18.8 — 112.3 
South America12.1 83.4 4.0 — 99.5 
Total$1,121.1 $843.0 $516.5 $(2.8)$2,477.8 
(a)Includes revenue of $978.6, $842.9, and $811.0 from the United States for 2022, 2021, and 2020, respectively.
(b)Includes revenue of $404.7, $418.3, and $334.9 from Germany for 2022, 2021, and 2020, respectively.
(c)Includes revenue of $307.8, $306.5, and $232.9 from China for 2022, 2021, and 2020, respectively.
Schedule of PP&E by Geographic Region
The following table displays Plant, Property and Equipment (PPE), net by geographic region.
As of December 3120222021
North America(a)
$156.5 $160.6 
Europe(b)
272.5 263.8 
Asia(c)
79.2 81.1 
Middle East and Africa15.8 0.6 
South America2.8 3.0 
Total$526.8 $509.1 
(a)Includes PPE, net of $125.2 and $130.3 in the United States as of December 31, 2022 and 2021, respectively.
(b)Includes PPE, net of $113.6 and $115.7 in Italy as of December 31, 2022 and 2021, respectively.
(c)Includes PPE, net of $52.8 and $52.5 in China as of December 31, 2022 and 2021, respectively.