SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Financial Information Attributable to the Reporting Segments

The following sets forth certain financial information attributable to the Company's reportable segments for the three months ended March 31, 2026 and March 31, 2025:

	Three Months Ended
March 31, 2026	Automation & Motion Control		Industrial Powertrain Solutions		Power Efficiency Solutions		Eliminations		Total
Total Sales	$	461.0	$	654.5	$	374.2	$	(10.6)	$	1,479.1
Intersegment Sales	3.9		6.3		0.4		(10.6)		—
Net Sales (1)	457.1		648.2		373.8		—		1,479.1
Adjusted Cost of Sales (2)	300.4		377.0		257.0		—		934.4
Adjusted Engineering, Selling and Administration Expenses (3)	92.4		136.1		66.7		—		295.2
Other Segment Items (4)	32.7		55.9		8.2		—		96.8
Income from Operations	31.6		79.2		41.9		—		152.7
Interest Expense									80.5
Interest Income									(4.6)
Other Expense, Net									0.3
Income before Taxes									76.5
Other Supplemental Disclosures
Amortization	34.7		51.3		0.6		—		86.6
Depreciation	11.5		16.9		8.9		—		37.3
Capital Expenditures	6.7		5.2		5.5		—		17.4

	Three Months Ended
March 31, 2025	Automation & Motion Control		Industrial Powertrain Solutions		Power Efficiency Solutions		Eliminations		Total
Total Sales	$	399.7	$	616.2	$	409.4	$	(7.2)	$	1,418.1
Intersegment Sales	3.4		3.5		0.3		(7.2)		—
Net Sales (1)	396.3		612.7		409.1		—		1,418.1
Adjusted Cost of Sales (2)	245.8		352.6		297.1		—		895.5
Adjusted Engineering, Selling and Administration Expenses (3)	88.8		125.5		67.2		—		281.5
Other Segment Items (4)	26.6		52.9		1.9		—		81.4
Income from Operations	35.1		81.7		42.9		—		159.7
Interest Expense									90.2
Interest Income									(4.2)
Other Expense, Net									0.7
Income before Taxes									73.0
Other Supplemental Disclosures
Amortization	33.9		49.9		1.6		—		85.4
Depreciation	11.6		19.6		8.9		—		40.1
Capital Expenditures	6.0		8.2		2.6		—		16.8

(1) Represents revenues from external customers.

(2) Adjusted Cost of Sales includes costs associated with producing goods for sale, such as materials, labor and overhead costs, and intercompany cost of sales. Adjusted Cost of Sales differs from Cost of Sales reported under US GAAP primarily because it includes

intercompany cost of sales and excludes certain costs, primarily restructuring and related expenses. The difference is included in Other Segment Items.

(3) Adjusted Engineering, Selling and Administration Expenses includes operating expenses such as engineering, selling and administration expenses, as well as hedging, foreign currency gains and losses and certain overhead expenses. Adjusted Engineering, Selling and Administration Expenses differs from Operating Expenses reported under US GAAP primarily because it excludes costs such as significant noncash items, restructuring and related costs, and transaction and integration related costs. The difference is included in Other Segment Items.

(4) Other Segment Items includes other significant noncash items, intangible amortization, as well as restructuring and related costs, transaction and integration related costs, certain overhead expenses and the elimination of intercompany cost of sales.

The following table presents identifiable assets information attributable to the Company's operating segments as of March 31, 2026 and December 31, 2025:

	Automation & Motion Control		Industrial Powertrain Solutions		Power Efficiency Solutions		Total
Identifiable Assets as of March 31, 2026	$	4,553.3	$	7,323.2	$	1,904.3	$	13,780.8
Identifiable Assets as of December 31, 2025	4,598.6		7,389.1		1,933.3		13,921.0