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HELD FOR SALE, ACQUISITIONS AND DIVESTITURES (Fair Values of Assets Acquired and Liabilities Assumed) (Details) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Business Acquisition [Line Items]    
Goodwill $ 6,506.2 $ 6,553.1
Altra Merger Agreement    
Business Acquisition [Line Items]    
Cash and Cash Equivalents 259.1  
Trade Receivables 256.6  
Inventories 387.0  
Prepaid Expenses and Other Current Assets 32.4  
Property, Plant and Equipment 402.5  
Intangible Assets 2,142.0  
Deferred Income Tax Benefits 0.8  
Operating Lease Assets 46.8  
Other Noncurrent Assets 12.7  
Accounts Payable (183.3)  
Accrued Compensation and Benefits (66.0)  
Other Accrued Expenses (145.3)  
Current Operating Lease Liabilities (12.3)  
Current Maturities of Long-Term Debt (0.4)  
Long-Term Debt (25.3)  
Deferred Income Taxes (525.1)  
Pension and Other Post Retirement Benefits (19.8)  
Noncurrent Operating Lease Liabilities (29.0)  
Other Noncurrent Liabilities (8.3)  
Total Identifiable Net Assets 2,525.1  
Goodwill 2,609.5  
Purchase price 5,134.6  
Transaction costs 60.1  
Altra Merger Agreement | Customer Relationships    
Business Acquisition [Line Items]    
Intangible Assets 1,710.0  
Altra Merger Agreement | Trademarks    
Business Acquisition [Line Items]    
Intangible Assets 330.0  
Altra Merger Agreement | Technology    
Business Acquisition [Line Items]    
Intangible Assets 102.0  
Altra Merger Agreement | As Originally Reported    
Business Acquisition [Line Items]    
Cash and Cash Equivalents   259.1
Trade Receivables   258.1
Inventories   387.5
Prepaid Expenses and Other Current Assets   32.4
Property, Plant and Equipment   403.0
Intangible Assets   2,142.0
Deferred Income Tax Benefits   0.7
Operating Lease Assets   46.8
Other Noncurrent Assets   12.7
Accounts Payable   (183.3)
Accrued Compensation and Benefits   (66.0)
Other Accrued Expenses   (144.6)
Current Operating Lease Liabilities   (12.3)
Current Maturities of Long-Term Debt   (0.4)
Long-Term Debt   (25.3)
Deferred Income Taxes   (533.3)
Pension and Other Post Retirement Benefits   (19.8)
Noncurrent Operating Lease Liabilities   (29.0)
Other Noncurrent Liabilities   (8.3)
Total Identifiable Net Assets   2,520.0
Goodwill   2,614.6
Purchase price   $ 5,134.6
Altra Merger Agreement | Effect of Change    
Business Acquisition [Line Items]    
Trade Receivables (1.5)  
Inventories (0.5)  
Property, Plant and Equipment (0.5)  
Deferred Income Tax Benefits 0.1  
Other Accrued Expenses (0.7)  
Deferred Income Taxes 8.2  
Total Identifiable Net Assets 5.1  
Goodwill $ (5.1)