SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2026 and June 30, 2025:

	Three Months Ended
June 30, 2026	Automation & Motion Control		Industrial Powertrain Solutions		Power Efficiency Solutions		Eliminations		Total
Total Sales	$	480.7	$	672.0	$	411.6	$	(5.9)	$	1,558.4
Intersegment Sales	3.0		2.6		0.3		(5.9)		—
Net Sales(1)	477.7		669.4		411.3		—		1,558.4
Adjusted Cost of Sales(2)	296.8		383.0		268.6				948.4
Adjusted Engineering, Selling and Administration Expenses(3)	98.7		135.0		71.0				304.7
Other Segment Items(4)	33.7		53.8		2.6				90.1
Income from Operations	48.5		97.6		69.1				215.2
Interest Expense									77.4
Interest Income									(6.2)
Other Expense, Net									0.3
Income before Taxes									143.7
Other Supplemental Disclosures
Amortization	34.6		51.2		0.6				86.4
Depreciation	13.1		16.3		9.1				38.5
Capital Expenditures	7.2		10.4		4.9				22.5

	Three Months Ended
June 30, 2025	Automation & Motion Control		Industrial Powertrain Solutions		Power Efficiency Solutions		Eliminations		Total
Total Sales	$	414.6	$	653.8	$	435.4	$	(7.7)	$	1,496.1
Intersegment Sales	3.5		4.0		0.2		(7.7)		—
Net Sales(1)	411.1		649.8		435.2		—		1,496.1
Adjusted Cost of Sales(2)	262.4		371.5		304.2				938.1
Adjusted Engineering, Selling and Administration Expenses(3)	91.7		129.0		67.8				288.5
Other Segment Items(4)	26.6		56.9		3.7				87.2
Income from Operations	30.4		92.4		59.5				182.3
Interest Expense									85.3
Interest Income									(5.1)
Other Expense, Net									0.9
Income before Taxes									101.2
Other Supplemental Disclosures
Amortization	34.5		50.6		1.7				86.8
Depreciation	11.0		15.7		8.8				35.5
Capital Expenditures	10.3		14.1		5.8				30.2

	Six Months Ended
June 30, 2026	Automation & Motion Control		Industrial Powertrain Solutions		Power Efficiency Solutions		Eliminations		Total
Total Sales	$	943.2	$	1,322.8	$	785.7	$	(14.2)	$	3,037.5
Intersegment Sales	8.4		5.1		0.7		(14.2)		—
Net Sales(1)	934.8		1,317.7		785.0		—		3,037.5
Adjusted Cost of Sales(2)	597.2		760.0		525.6				1,882.8
Adjusted Engineering, Selling and Administration Expenses(3)	191.1		271.1		137.7				599.9
Other Segment Items(4)	66.5		109.8		10.7				187.0
Income from Operations	80.0		176.8		111.0				367.8
Interest Expense									158.0
Interest Income									(10.9)
Other Expense, Net									0.5
Income before Taxes									220.2
Other Supplemental Disclosures
Amortization	69.3		102.4		1.3				173.0
Depreciation	24.5		33.3		18.0				75.8
Capital Expenditures	13.9		15.6		10.4				39.9

	Six Months Ended
June 30, 2025	Automation & Motion Control		Industrial Powertrain Solutions		Power Efficiency Solutions		Eliminations		Total
Total Sales	$	814.3	$	1,270.0	$	844.8	$	(14.9)	$	2,914.2
Intersegment Sales	6.9		7.5		0.5		(14.9)		—
Net Sales(1)	807.4		1,262.5		844.3		—		2,914.2
Adjusted Cost of Sales(2)	508.1		724.2		601.4				1,833.7
Adjusted Engineering, Selling and Administration Expenses(3)	180.5		254.5		135.0				570.0
Other Segment Items(4)	53.3		109.7		5.5				168.5
Income from Operations	65.5		174.1		102.4				342.0
Interest Expense									175.5
Interest Income									(9.3)
Other Expense, Net									1.6
Income before Taxes									174.2
Other Supplemental Disclosures
Amortization	68.4		100.5		3.3				172.2
Depreciation	22.6		35.3		17.7				75.6
Capital Expenditures	16.3		22.3		8.4				47.0

(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 June 30, 2026 and December 31, 2025:

	Automation & Motion Control		Industrial Powertrain Solutions		Power Efficiency Solutions		Total
Identifiable Assets as of June 30, 2026	$	4,576.0	$	7,257.6	$	1,918.2	$	13,751.8
Identifiable Assets as of December 31, 2025	4,598.6		7,389.1		1,933.3		13,921.0