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SEGMENT INFORMATION - Schedule of Financial Information Attributable to the Reporting Segments (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Segment Reporting Information [Line Items]    
Net Sales $ 1,418.1 $ 1,547.7
Adjusted Cost of Sales 895.5 1,010.5
Adjusted Engineering, Selling and Administration Expenses 281.5 296.6
Other Segment Items 81.4 106.7
Income from Operations 159.7 133.9
Interest Expense 90.2 105.4
Interest Income (4.2) (3.1)
Other Expense, Net 0.7 0.3
Income before Taxes 73.0 31.3
Other Supplemental Disclosures    
Amortization 85.4 86.7
Depreciation 40.1 41.5
Loss on Sale of Businesses 0.0 21.5
Capital Expenditures 16.8 18.5
Automation & Motion Control    
Segment Reporting Information [Line Items]    
Net Sales 396.3 400.2
Industrial Powertrain Solutions    
Segment Reporting Information [Line Items]    
Net Sales 612.7 643.4
Power Efficiency Solutions    
Segment Reporting Information [Line Items]    
Net Sales 409.1 385.3
Industrial Systems    
Segment Reporting Information [Line Items]    
Net Sales   118.8
Reportable Segments, Excluding Intersegment Elimination    
Segment Reporting Information [Line Items]    
Net Sales (7.2) (12.9)
Reportable Segments, Excluding Intersegment Elimination | Automation & Motion Control    
Segment Reporting Information [Line Items]    
Net Sales 399.7 404.8
Reportable Segments, Excluding Intersegment Elimination | Industrial Powertrain Solutions    
Segment Reporting Information [Line Items]    
Net Sales 616.2 646.3
Reportable Segments, Excluding Intersegment Elimination | Power Efficiency Solutions    
Segment Reporting Information [Line Items]    
Net Sales 409.4 390.4
Reportable Segments, Excluding Intersegment Elimination | Industrial Systems    
Segment Reporting Information [Line Items]    
Net Sales   119.1
Intersegment Eliminations    
Segment Reporting Information [Line Items]    
Net Sales (7.2) (12.9)
Intersegment Eliminations | Automation & Motion Control    
Segment Reporting Information [Line Items]    
Net Sales (3.4) (4.6)
Intersegment Eliminations | Industrial Powertrain Solutions    
Segment Reporting Information [Line Items]    
Net Sales (3.5) (2.9)
Intersegment Eliminations | Power Efficiency Solutions    
Segment Reporting Information [Line Items]    
Net Sales (0.3) (5.1)
Intersegment Eliminations | Industrial Systems    
Segment Reporting Information [Line Items]    
Net Sales   (0.3)
Operating Segments | Automation & Motion Control    
Segment Reporting Information [Line Items]    
Net Sales 396.3 400.2
Adjusted Cost of Sales 245.8 249.3
Adjusted Engineering, Selling and Administration Expenses 88.8 84.1
Other Segment Items 26.6 26.6
Income from Operations 35.1 40.2
Other Supplemental Disclosures    
Amortization 33.9 34.4
Depreciation 11.6 11.5
Loss on Sale of Businesses   0.0
Capital Expenditures 6.0 5.9
Operating Segments | Industrial Powertrain Solutions    
Segment Reporting Information [Line Items]    
Net Sales 612.7 643.4
Adjusted Cost of Sales 352.6 384.2
Adjusted Engineering, Selling and Administration Expenses 125.5 123.9
Other Segment Items 52.9 53.2
Income from Operations 81.7 82.1
Other Supplemental Disclosures    
Amortization 49.9 50.0
Depreciation 19.6 20.2
Loss on Sale of Businesses   0.0
Capital Expenditures 8.2 8.8
Operating Segments | Power Efficiency Solutions    
Segment Reporting Information [Line Items]    
Net Sales 409.1 385.3
Adjusted Cost of Sales 297.1 288.4
Adjusted Engineering, Selling and Administration Expenses 67.2 67.4
Other Segment Items 1.9 1.0
Income from Operations 42.9 28.5
Other Supplemental Disclosures    
Amortization 1.6 2.1
Depreciation 8.9 9.5
Loss on Sale of Businesses   0.0
Capital Expenditures $ 2.6 3.7
Operating Segments | Industrial Systems    
Segment Reporting Information [Line Items]    
Net Sales   118.8
Adjusted Cost of Sales   88.6
Adjusted Engineering, Selling and Administration Expenses   21.2
Other Segment Items   25.9
Income from Operations   (16.9)
Other Supplemental Disclosures    
Amortization   0.2
Depreciation   0.3
Loss on Sale of Businesses   21.5
Capital Expenditures   $ 0.1