OTHER FINANCIAL INFORMATION (Tables)

6 Months Ended

Jun. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Disaggregation of Revenue

The following tables presents the Company’s revenues disaggregated by geographical region:

	Three Months Ended
June 30, 2023	Industrial Powertrain Solutions		Power Efficiency Solutions		Automation & Motion Control		Industrial Systems		Total
North America	$	491.0	$	359.2	$	310.2	$	69.8	$	1,230.2
Asia	51.9		44.9		26.6		40.8		164.2
Europe	120.7		41.8		107.1		15.5		285.1
Rest-of-World	35.1		14.2		29.2		10.6		89.1
Total	$	698.7	$	460.1	$	473.1	$	136.7	$	1,768.6
June 30, 2022	Industrial Powertrain Solutions		Power Efficiency Solutions		Automation & Motion Control		Industrial Systems		Total
North America	$	295.7	$	465.0	$	148.2	$	75.6	$	984.5
Asia	33.1		54.6		5.3		37.6		130.6
Europe	62.7		48.0		40.2		13.3		164.2
Rest-of-World	30.6		27.8		0.4		11.3		70.1
Total	$	422.1	$	595.4	$	194.1	$	137.8	$	1,349.4

	Six Months Ended
June 30, 2023	Industrial Powertrain Solutions		Power Efficiency Solutions		Automation & Motion Control		Industrial Systems		Total
North America	$	784.2	$	726.6	$	452.0	$	143.5	$	2,106.3
Asia	68.4		88.7		28.0		77.5		262.6
Europe	173.5		84.5		150.9		31.1		440.0
Rest-of-World	87.0		29.8		45.4		21.6		183.8
Total	$	1,113.1	$	929.6	$	676.3	$	273.7	$	2,992.7
June 30, 2022	Industrial Powertrain Solutions		Power Efficiency Solutions		Automation & Motion Control		Industrial Systems		Total
North America	$	586.0	$	909.4	$	280.3	$	144.1	$	1,919.8
Asia	64.3		105.0		8.5		77.0		254.8
Europe	120.3		94.3		80.7		25.6		320.9
Rest-of-World	67.8		53.9		8.9		21.8		152.4
Total	$	838.4	$	1,162.6	$	378.4	$	268.5	$	2,647.9

Schedule of Percentage Distribution between Major Classes of Inventory

The following table presents approximate percentage distribution between major classes of inventories:

	June 30, 2023	December 31, 2022
Raw Material and Work in Process	66.2%	57.0%
Finished Goods and Purchased Parts	33.8%	43.0%

Schedule of Property, Plant, and Equipment by Major Classification

The following table presents property, plant, and equipment by major classification:

	Useful Life in Years	June 30, 2023		December 31, 2022
Land and Improvements		$	157.6	$	103.4
Buildings and Improvements	3 - 50	531.9		401.7
Machinery and Equipment	3 - 15	1,387.0		1,111.3
Property, Plant and Equipment		2,076.5		1,616.4
Less: Accumulated Depreciation		(871.7)		(809.4)
Net Property, Plant and Equipment		$	1,204.8	$	807.0