Segment Information (Schedule of Identifiable Assets) (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Identifiable assets	$ 15,431.4	$ 10,268.9
Industrial Powertrain Solutions
Segment Reporting Information [Line Items]
Identifiable assets	8,009.4	5,028.5
Power Efficiency Solutions
Segment Reporting Information [Line Items]
Identifiable assets	2,036.4	2,234.1
Automation & Motion Control
Segment Reporting Information [Line Items]
Identifiable assets	4,909.2	2,202.2
Industrial Systems
Segment Reporting Information [Line Items]
Identifiable assets	$ 476.4	$ 804.1