OTHER FINANCIAL INFORMATION (Tables)

3 Months Ended

Mar. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Disaggregation of Revenue

The following tables presents the Company’s revenues disaggregated by geographical region:

	Three Months Ended
March 31, 2023	Industrial Powertrain Solutions		Power Efficiency Solutions		Automation & Motion Control		Industrial Systems		Total
North America	$	293.2	$	367.4	$	141.8	$	73.7	$	876.1
Asia	16.5		43.8		1.4		36.7		98.4
Europe	52.8		42.7		43.8		15.6		154.9
Rest-of-World	51.9		15.6		16.2		11.0		94.7
Total	$	414.4	$	469.5	$	203.2	$	137.0	$	1,224.1
March 31, 2022	Industrial Powertrain Solutions		Power Efficiency Solutions		Automation & Motion Control		Industrial Systems		Total
North America	$	290.3	$	444.4	$	132.1	$	68.5	$	935.3
Asia	31.2		50.4		3.2		39.4		124.2
Europe	57.6		46.3		40.5		12.3		156.7
Rest-of-World	37.2		26.1		8.5		10.5		82.3
Total	$	416.3	$	567.2	$	184.3	$	130.7	$	1,298.5

Schedule of Percentage Distribution between Major Classes of Inventory

The following table presents approximate percentage distribution between major classes of inventories:

	March 31, 2023	December 31, 2022
Raw Material and Work in Process	64.4%	57.0%
Finished Goods and Purchased Parts	35.6%	43.0%

Schedule of Property, Plant, and Equipment by Major Classification

The following table presents property, plant, and equipment by major classification:

	Useful Life in Years	March 31, 2023		December 31, 2022
Land and Improvements		$	147.9	$	103.4
Buildings and Improvements	3 - 50	518.7		401.7
Machinery and Equipment	3 - 15	1,385.3		1,111.3
Property, Plant and Equipment		2,051.9		1,616.4
Less: Accumulated Depreciation		(837.2)		(809.4)
Net Property, Plant and Equipment		$	1,214.7	$	807.0