OTHER FINANCIAL INFORMATION (Disaggregation of Revenue) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Disaggregation of Revenue [Line Items]
Net Sales	$ 1,224.1	$ 1,298.5
Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Net Sales	414.4	416.3
Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Net Sales	469.5	567.2
Automation & Motion Control
Disaggregation of Revenue [Line Items]
Net Sales	203.2	184.3
Industrial Systems
Disaggregation of Revenue [Line Items]
Net Sales	137.0	130.7
North America
Disaggregation of Revenue [Line Items]
Net Sales	876.1	935.3
North America | Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Net Sales	293.2	290.3
North America | Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Net Sales	367.4	444.4
North America | Automation & Motion Control
Disaggregation of Revenue [Line Items]
Net Sales	141.8	132.1
North America | Industrial Systems
Disaggregation of Revenue [Line Items]
Net Sales	73.7	68.5
Asia
Disaggregation of Revenue [Line Items]
Net Sales	98.4	124.2
Asia | Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Net Sales	16.5	31.2
Asia | Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Net Sales	43.8	50.4
Asia | Automation & Motion Control
Disaggregation of Revenue [Line Items]
Net Sales	1.4	3.2
Asia | Industrial Systems
Disaggregation of Revenue [Line Items]
Net Sales	36.7	39.4
Europe
Disaggregation of Revenue [Line Items]
Net Sales	154.9	156.7
Europe | Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Net Sales	52.8	57.6
Europe | Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Net Sales	42.7	46.3
Europe | Automation & Motion Control
Disaggregation of Revenue [Line Items]
Net Sales	43.8	40.5
Europe | Industrial Systems
Disaggregation of Revenue [Line Items]
Net Sales	15.6	12.3
Rest-of-World
Disaggregation of Revenue [Line Items]
Net Sales	94.7	82.3
Rest-of-World | Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Net Sales	51.9	37.2
Rest-of-World | Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Net Sales	15.6	26.1
Rest-of-World | Automation & Motion Control
Disaggregation of Revenue [Line Items]
Net Sales	16.2	8.5
Rest-of-World | Industrial Systems
Disaggregation of Revenue [Line Items]
Net Sales	$ 11.0	$ 10.5