Restructuring Actions (Tables)

12 Months Ended

Dec. 31, 2023

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Costs

The following table summarizes our restructuring costs by component and by segment.

For the Year Ended December 31	2023		2022		2021
By component:
Severance and other employee-related costs	$	8.0	$	3.5	$	8.0
Asset write-offs	1.8		0.1		0.6
Other	0.1		0.2		1.0
Total restructuring costs	$	9.9	$	3.8	$	9.6
By segment:
Motion Technologies	$	4.0	$	2.7	$	3.9
Industrial Process	4.6		1.3		3.1
Connect & Control Technologies	1.3		—		2.4
Corporate and Other	—		(0.2)		0.2
Total restructuring costs	$	9.9	$	3.8	$	9.6

Schedule of Restructuring Accruals

The following table displays a rollforward of our total restructuring liability, which is included within Accrued and other current liabilities in our Consolidated Balance Sheets.

	2023		2022
Restructuring liability as of January 1	$	3.9	$	11.0
Restructuring costs	10.9		5.1
Reversal of prior accruals	(1.0)		(1.3)
Cash payments	(7.3)		(10.5)
Asset write-offs	(1.8)		(0.1)
Foreign exchange translation and other	0.1		(0.3)
Restructuring liability as of December 31	$	4.8	$	3.9
By accrual type:
Severance and other employee-related	$	4.5	$	3.9
Other	0.3		—