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GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes to Goodwill
The following table presents changes to goodwill during the three months ended March 31, 2025:
TotalAutomation & Motion ControlIndustrial Powertrain SolutionsPower Efficiency Solutions
Balance as of December 31, 2024$6,458.9 $2,012.5 $3,697.2 $749.2 
Translation Adjustments54.3 26.8 25.2 2.3 
Balance as of March 31, 2025$6,513.2 $2,039.3 $3,722.4 $751.5 
Cumulative Goodwill Impairment Charges$223.6 $5.1 $18.1 $200.4 
Schedule of Finite-Lived Intangible Assets
Intangible assets consist of the following:
 March 31, 2025December 31, 2024
 Weighted Average Amortization Period (Years)Gross ValueAccumulated
Amortization
Net Carrying AmountGross ValueAccumulated
Amortization
Net Carrying Amount
Customer Relationships15$3,929.3 $984.6 $2,944.7 $3,892.8 $915.1 $2,977.7 
Technology13295.1 114.0 181.1 293.0 109.0 184.0 
Trademarks10700.3 209.7 490.6 692.3 189.4 502.9 
Total Intangibles$4,924.7 $1,308.3 $3,616.4 $4,878.1 $1,213.5 $3,664.6