SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule Of Reportable Segments

The following sets forth certain financial information attributable to the Company's operating segments, recast as described above, for the three months ended March 31, 2023 and March 31, 2022:

	Three Months Ended
March 31, 2023	Industrial Powertrain Solutions		Power Efficiency Solutions		Automation & Motion Control		Industrial Systems		Eliminations		Total
External Sales	$	414.4	$	469.5	$	203.2	$	137.0	$	—	$	1,224.1
Intersegment Sales	3.5		4.2		5.2		0.7		(13.6)		—
Total Sales	417.9		473.7		208.4		137.7		(13.6)		1,224.1
Gross Profit	177.4		117.7		75.4		27.6		—		398.1
Operating Expenses	151.5		72.3		80.6		24.8		—		329.2
Total Operating Expenses	151.5		72.3		80.6		24.8		—		329.2
Income (Loss) from Operations	25.9		45.4		(5.2)		2.8		—		68.9
Depreciation and Amortization	41.6		11.7		19.7		3.5		—		76.5
Capital Expenditures	5.4		8.7		3.1		1.5		—		18.7
March 31, 2022
External Sales	$	416.3	$	567.2	$	184.3	$	130.7	$	—	$	1,298.5
Intersegment Sales	1.6		2.9		3.4		0.5		(8.4)		—
Total Sales	417.9		570.1		187.7		131.2		(8.4)		1,298.5
Gross Profit	154.3		177.5		63.0		27.1		—		421.9
Operating Expenses	108.0		73.1		50.7		20.2		—		252.0
Total Operating Expenses	108.0		73.1		50.7		20.2		—		252.0
Income from Operations	46.3		104.4		12.3		6.9		—		169.9
Depreciation and Amortization	42.6		12.1		19.7		3.5		—		77.9
Capital Expenditures	2.5		7.9		1.6		1.4		—		13.4

Schedule of Reconciliation of Segment Assets

The following table presents identifiable assets information attributable to the Company's operating segments, recast as described above, as of March 31, 2023 and December 31, 2022:

	Industrial Powertrain Solutions		Power Efficiency Solutions		Automation & Motion Control		Industrial Systems		Total
Identifiable Assets as of March 31, 2023	$	8,456.2	$	2,234.5	$	5,107.5	$	749.2	$	16,547.4
Identifiable Assets as of December 31, 2022	5,028.5		2,234.1		2,202.2		804.1		10,268.9