Goodwill and Intangible Assets - Schedule of Changes To Goodwill (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 6,553.1	$ 4,018.8
Acquisitions		2,614.6
Reclassification to Noncurrent Assets Held for Sale		(53.9)
Acquisitions	(5.1)
Impairment Charges	0.0	(57.3)	$ 0.0
Translation and Other	(89.1)	30.9
Goodwill, ending balance	6,458.9	6,553.1	4,018.8
Cumulative Goodwill Impairment Charges	223.6
Industrial Powertrain Solutions
Goodwill [Roll Forward]
Goodwill, beginning balance	3,747.0	2,290.0
Acquisitions		1,438.3
Reclassification to Noncurrent Assets Held for Sale		0.0
Acquisitions	(5.8)
Impairment Charges		0.0
Translation and Other	(44.0)	18.7
Goodwill, ending balance	3,697.2	3,747.0	2,290.0
Cumulative Goodwill Impairment Charges	18.1
Power Efficiency Solutions
Goodwill [Roll Forward]
Goodwill, beginning balance	753.9	752.3
Acquisitions		0.0
Reclassification to Noncurrent Assets Held for Sale		0.0
Acquisitions	0.0
Impairment Charges		0.0
Translation and Other	(4.7)	1.6
Goodwill, ending balance	749.2	753.9	752.3
Cumulative Goodwill Impairment Charges	200.4
Automation & Motion Control
Goodwill [Roll Forward]
Goodwill, beginning balance	2,052.2	865.0
Acquisitions		1,176.3
Reclassification to Noncurrent Assets Held for Sale		0.0
Acquisitions	0.7
Impairment Charges		0.0
Translation and Other	(40.4)	10.9
Goodwill, ending balance	2,012.5	2,052.2	865.0
Cumulative Goodwill Impairment Charges	5.1
Industrial Systems
Goodwill [Roll Forward]
Goodwill, beginning balance	0.0	111.5
Acquisitions		0.0
Reclassification to Noncurrent Assets Held for Sale		(53.9)
Acquisitions	0.0
Impairment Charges		(57.3)
Translation and Other	0.0	(0.3)
Goodwill, ending balance	0.0	$ 0.0	$ 111.5
Cumulative Goodwill Impairment Charges	$ 0.0