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GOODWILL AND INTANGIBLE ASSETS
 3 Months Ended
Mar. 31, 2026
Intangible Asset, Goodwill and Other [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
Goodwill

As required, the Company performs an annual impairment test of goodwill as of the end of October, or more frequently if events or circumstances change that would more likely than not reduce the fair value of its reporting units below their carrying value.
The following table presents changes to goodwill during the three months ended March 31, 2026:
Automation & Motion ControlIndustrial Powertrain SolutionsPower Efficiency SolutionsTotal
Balance as of December 31, 2025$2,078.7 $3,775.4 $757.2 $6,611.3 
Translation Adjustments(18.1)(14.7)(1.3)(34.1)
Balance as of March 31, 2026$2,060.6 $3,760.7 $755.9 $6,577.2 
Cumulative Goodwill Impairment Charges$5.1 $18.1 $200.4 $223.6 

Intangible Assets

Intangible assets consist of the following:
 March 31, 2026December 31, 2025
 Weighted Average Amortization Period (Years)Gross ValueAccumulated
Amortization		Net Carrying AmountGross ValueAccumulated
Amortization		Net Carrying Amount
Customer Relationships15$3,969.4 $1,244.1 $2,725.3 $3,993.6 $1,188.7 $2,804.9 
Technology13298.7 136.2 162.5 300.2 131.5 168.7 
Trademarks10713.8 291.9 421.9 719.1 274.3 444.8 
Total Intangibles$4,981.9 $1,672.2 $3,309.7 $5,012.9 $1,594.5 $3,418.4 
Amortization expense recorded for the three months ended March 31, 2026 and March 31, 2025 was $86.6 million and $85.4 million, respectively.