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Segment Information - Schedule of Financial Information Attributable to the Reporting Segments (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Net Sales $ 6,033.8 $ 6,250.7 $ 5,217.9
Adjusted Cost of Sales 3,855.8 4,175.1 3,529.1
Adjusted Engineering, Selling and Administration Expenses 1,128.2 1,088.6 760.7
Other Segment Items 419.8 609.9 237.7
Income from Operations 630.0 377.1 690.4
Interest Expense 399.7 431.0 87.2
Interest Income (18.8) (43.6) (5.2)
Other Expense (Income), Net 1.1 (8.7) (5.4)
Income (Loss) before Taxes 248.0 (1.6) 613.8
Other Supplemental Disclosures      
Amortization 346.5 307.8 185.5
Depreciation 165.3 185.0 121.9
Goodwill Impairment 0.0 57.3 0.0
Asset Impairments 4.0 7.8 0.9
Loss on Assets Held for Sale 8.5 87.7 0.0
Capital Expenditures 109.5 119.1 83.8
Industrial Powertrain Solutions      
Segment Reporting Information [Line Items]      
Net Sales 2,598.1 2,403.5 1,666.3
Other Supplemental Disclosures      
Goodwill Impairment   0.0  
Power Efficiency Solutions      
Segment Reporting Information [Line Items]      
Net Sales 1,644.1 1,808.9 2,227.2
Other Supplemental Disclosures      
Goodwill Impairment   0.0  
Automation & Motion Control      
Segment Reporting Information [Line Items]      
Net Sales 1,633.8 1,516.8 772.3
Other Supplemental Disclosures      
Goodwill Impairment   0.0  
Industrial Systems      
Segment Reporting Information [Line Items]      
Net Sales 157.8 521.5 552.1
Other Supplemental Disclosures      
Goodwill Impairment   57.3  
Operating Segments, Excluding Intersegment Elimination      
Segment Reporting Information [Line Items]      
Net Sales (47.9) (56.1) (35.4)
Operating Segments, Excluding Intersegment Elimination | Industrial Powertrain Solutions      
Segment Reporting Information [Line Items]      
Net Sales 2,614.1 2,418.4 1,673.6
Operating Segments, Excluding Intersegment Elimination | Power Efficiency Solutions      
Segment Reporting Information [Line Items]      
Net Sales 1,656.5 1,826.6 2,237.6
Operating Segments, Excluding Intersegment Elimination | Automation & Motion Control      
Segment Reporting Information [Line Items]      
Net Sales 1,652.8 1,537.7 788.1
Operating Segments, Excluding Intersegment Elimination | Industrial Systems      
Segment Reporting Information [Line Items]      
Net Sales 158.3 524.1 554.0
Intersegment Eliminations      
Segment Reporting Information [Line Items]      
Net Sales (47.9) (56.1) (35.4)
Intersegment Eliminations | Industrial Powertrain Solutions      
Segment Reporting Information [Line Items]      
Net Sales (16.0) (14.9) (7.3)
Intersegment Eliminations | Power Efficiency Solutions      
Segment Reporting Information [Line Items]      
Net Sales (12.4) (17.7) (10.4)
Intersegment Eliminations | Automation & Motion Control      
Segment Reporting Information [Line Items]      
Net Sales (19.0) (20.9) (15.8)
Intersegment Eliminations | Industrial Systems      
Segment Reporting Information [Line Items]      
Net Sales (0.5) (2.6) (1.9)
Operating Segments | Industrial Powertrain Solutions      
Segment Reporting Information [Line Items]      
Net Sales 2,598.1 2,403.5 1,666.3
Adjusted Cost of Sales 1,541.5 1,516.9 997.7
Adjusted Engineering, Selling and Administration Expenses 483.1 433.2 276.4
Other Segment Items 250.8 301.6 150.0
Income from Operations 322.7 151.8 242.2
Other Supplemental Disclosures      
Amortization 201.5 181.4 119.5
Depreciation 80.7 91.8 49.5
Goodwill Impairment   0.0  
Asset Impairments 1.1 2.5 0.9
Loss on Assets Held for Sale 1.7 0.0  
Capital Expenditures 50.3 41.3 18.8
Operating Segments | Power Efficiency Solutions      
Segment Reporting Information [Line Items]      
Net Sales 1,644.1 1,808.9 2,227.2
Adjusted Cost of Sales 1,171.4 1,293.4 1,610.0
Adjusted Engineering, Selling and Administration Expenses 273.2 279.5 269.0
Other Segment Items 36.9 18.6 21.3
Income from Operations 162.6 217.4 326.9
Other Supplemental Disclosures      
Amortization 7.7 8.3 8.4
Depreciation 37.0 43.0 38.5
Goodwill Impairment   0.0  
Asset Impairments 1.1 1.5 0.0
Loss on Assets Held for Sale 1.4 0.0  
Capital Expenditures 25.0 35.0 41.9
Operating Segments | Automation & Motion Control      
Segment Reporting Information [Line Items]      
Net Sales 1,633.8 1,516.8 772.3
Adjusted Cost of Sales 1,024.5 950.7 498.7
Adjusted Engineering, Selling and Administration Expenses 342.9 291.1 131.1
Other Segment Items 122.0 136.0 64.3
Income from Operations 144.4 139.0 78.2
Other Supplemental Disclosures      
Amortization 137.1 117.2 56.8
Depreciation 47.2 41.0 21.2
Goodwill Impairment   0.0  
Asset Impairments 1.8 3.4 0.0
Loss on Assets Held for Sale 1.1 0.0  
Capital Expenditures 29.9 34.6 11.2
Operating Segments | Industrial Systems      
Segment Reporting Information [Line Items]      
Net Sales 157.8 521.5 552.1
Adjusted Cost of Sales 118.4 414.1 422.7
Adjusted Engineering, Selling and Administration Expenses 29.0 84.8 84.2
Other Segment Items 10.1 153.7 2.1
Income from Operations 0.3 (131.1) 43.1
Other Supplemental Disclosures      
Amortization 0.2 0.9 0.8
Depreciation 0.4 9.2 12.7
Goodwill Impairment   57.3  
Asset Impairments 0.0 0.4 0.0
Loss on Assets Held for Sale 4.3 87.7  
Capital Expenditures $ 4.3 $ 8.2 $ 11.9