Goodwill and Other Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill

The following table provides a rollforward of the carrying amount of our goodwill by segment.

	Motion Technologies		Industrial Process		Connect & Control Technologies		Total
Goodwill as of December 31, 2023	$	292.3	$	403.0	$	321.0	$	1,016.3
Goodwill acquired(a)	—		215.6		244.3		459.9
Adjustments to purchase price allocations	—		—		0.6		0.6
Allocated to divestiture of business(b)	(16.0)		—		—		(16.0)
Foreign currency translation	(3.9)		(25.3)		(1.5)		(30.7)
Goodwill as of December 31, 2024	$	272.4	$	593.3	$	564.4	$	1,430.1
Goodwill acquired	—		11.1		—		11.1
Adjustments to purchase price allocations	—		—		(0.8)		(0.8)
Foreign currency translation	9.1		59.3		2.4		70.8
Goodwill as of December 31, 2025	$	281.5	$	663.7	$	566.0	$	1,511.2

(a)Goodwill acquired for our IP and CCT segments is related to our acquisitions of Svanehøj and kSARIA, respectively, representing the calculation of the excess purchase price over the net assets acquired.

(b)During 2024, we completed the sale of our Wolverine business, which was previously included within our MT segment.

See Note 22, Acquisitions, Investments, and Divestitures, for further information.

Other Intangible Assets

The following table summarizes our other intangible assets, net of accumulated amortization.

	2025						2024
As of December 31	Gross Carrying Amount		Accumulated Amortization		Net Intangibles		Gross Carrying Amount		Accumulated Amortization		Net Intangibles
Customer relationships	$	400.6	$	(117.6)	$	283.0	$	383.8	$	(92.6)	$	291.2
Proprietary technology	114.6		(32.3)		82.3		105.3		(23.8)		81.5
Trademarks and other	58.9		(54.9)		4.0		56.7		(35.1)		21.6
Total finite-lived intangibles	574.1		(204.8)		369.3		545.8		(151.5)		394.3
Indefinite-lived intangibles	63.3		—		63.3		59.8		—		59.8
Other intangible assets	$	637.4	$	(204.8)	$	432.6	$	605.6	$	(151.5)	$	454.1

Business Combination, Intangible Asset, Acquired, Finite-Lived and Indefinite-Lived

The fair values of intangible assets acquired in connection with the purchase of Svanehøj and kSARIA consist of the following:

	kSARIA (Final)
	Useful life (in years)	Fair value
Customer relationships	17	$	141.0
Trade names	Indefinite	26.0
Backlog	1.3	17.0
Other(a)	3 - 7	1.1
Total intangible assets acquired		$	185.1

Estimated Amortization Expense Related to Intangible Assets

Amortization expense related to intangible assets for 2025, 2024 and 2023 was $47.3, $42.1, and $19.1, respectively. Estimated amortization expense for each of the five succeeding years and thereafter is as follows:

2026	$	29.5
2027	28.0
2028	27.2
2029	26.7
2030	26.7
Thereafter	231.2