OTHER FINANCIAL INFORMATION - Schedule of Disaggregation of Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Disaggregation of Revenue [Line Items]
Net Sales	$ 1,418.1	$ 1,547.7
Automation & Motion Control
Disaggregation of Revenue [Line Items]
Net Sales	396.3	400.2
Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Net Sales	612.7	643.4
Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Net Sales	409.1	385.3
Industrial Systems
Disaggregation of Revenue [Line Items]
Net Sales		118.8
North America
Disaggregation of Revenue [Line Items]
Net Sales	1,002.3	1,025.8
North America | Automation & Motion Control
Disaggregation of Revenue [Line Items]
Net Sales	260.9	263.2
North America | Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Net Sales	414.9	406.9
North America | Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Net Sales	326.5	296.9
North America | Industrial Systems
Disaggregation of Revenue [Line Items]
Net Sales		58.8
Asia
Disaggregation of Revenue [Line Items]
Net Sales	95.0	128.6
Asia | Automation & Motion Control
Disaggregation of Revenue [Line Items]
Net Sales	23.5	21.1
Asia | Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Net Sales	33.8	35.7
Asia | Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Net Sales	37.7	37.8
Asia | Industrial Systems
Disaggregation of Revenue [Line Items]
Net Sales		34.0
Europe
Disaggregation of Revenue [Line Items]
Net Sales	250.1	293.8
Europe | Automation & Motion Control
Disaggregation of Revenue [Line Items]
Net Sales	93.4	95.8
Europe | Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Net Sales	122.9	150.0
Europe | Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Net Sales	33.8	34.6
Europe | Industrial Systems
Disaggregation of Revenue [Line Items]
Net Sales		13.4
Rest-of-World
Disaggregation of Revenue [Line Items]
Net Sales	70.7	99.5
Rest-of-World | Automation & Motion Control
Disaggregation of Revenue [Line Items]
Net Sales	18.5	20.1
Rest-of-World | Industrial Powertrain Solutions
Disaggregation of Revenue [Line Items]
Net Sales	41.1	50.8
Rest-of-World | Power Efficiency Solutions
Disaggregation of Revenue [Line Items]
Net Sales	$ 11.1	16.0
Rest-of-World | Industrial Systems
Disaggregation of Revenue [Line Items]
Net Sales		$ 12.6