Accounting Policies - Schedule of Disaggregation of Revenue (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Revenue	$ 6,033.8	$ 6,250.7	$ 5,217.9
Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Revenue	2,598.1	2,403.5	1,666.3
Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Revenue	1,644.1	1,808.9	2,227.2
Automation & Motion Control
Disaggregation of Revenue [Line Items]
Revenue	1,633.8	1,516.8	772.3
Industrial Systems
Disaggregation of Revenue [Line Items]
Revenue	157.8	521.5	552.1
North America
Disaggregation of Revenue [Line Items]
Revenue	4,179.6	4,336.2	3,856.6
North America | Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Revenue	1,734.9	1,636.1	1,232.2
North America | Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Revenue	1,276.5	1,419.2	1,766.9
North America | Automation & Motion Control
Disaggregation of Revenue [Line Items]
Revenue	1,088.8	1,006.3	559.0
North America | Industrial Systems
Disaggregation of Revenue [Line Items]
Revenue	79.4	274.6	298.5
Asia
Disaggregation of Revenue [Line Items]
Revenue	476.2	570.3	504.8
Asia | Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Revenue	172.7	168.9	140.6
Asia | Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Revenue	167.7	178.7	188.1
Asia | Automation & Motion Control
Disaggregation of Revenue [Line Items]
Revenue	91.5	76.1	17.0
Asia | Industrial Systems
Disaggregation of Revenue [Line Items]
Revenue	44.3	146.6	159.1
Europe
Disaggregation of Revenue [Line Items]
Revenue	1,006.2	968.6	627.1
Europe | Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Revenue	482.0	420.5	240.0
Europe | Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Revenue	133.9	149.7	182.2
Europe | Automation & Motion Control
Disaggregation of Revenue [Line Items]
Revenue	372.7	342.6	154.2
Europe | Industrial Systems
Disaggregation of Revenue [Line Items]
Revenue	17.6	55.8	50.7
Rest-of-World
Disaggregation of Revenue [Line Items]
Revenue	371.8	375.6	229.4
Rest-of-World | Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Revenue	208.5	178.0	53.5
Rest-of-World | Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Revenue	66.0	61.3	90.0
Rest-of-World | Automation & Motion Control
Disaggregation of Revenue [Line Items]
Revenue	80.8	91.8	42.1
Rest-of-World | Industrial Systems
Disaggregation of Revenue [Line Items]
Revenue	$ 16.5	$ 44.5	$ 43.8