RESTRUCTURING ACTIVITIES (Tables)

3 Months Ended

Mar. 31, 2023

Restructuring and Related Activities [Abstract]

Schedule Of Restructuring Reserve

The following table presents a reconciliation of provisions and payments for the restructuring projects for the three months ended March 31, 2023 and March 31, 2022:

	Three Months Ended
	March 31, 2023		March 31, 2022
Beginning Balance	$	15.1	$	5.0
Acquisition(1)	0.2		—
Provision	5.0		16.8
Less: Payments/ Other	10.2		7.3
Ending Balance	$	10.1	$	14.5

(1) Excludes $12.4 million of severance related to the Altra Transaction, which will be paid in the second quarter 2023.

Schedule of Reconciliation Of Expenses By Type

The following table presents a reconciliation of restructuring and restructuring-related costs for restructuring projects for the three months ended March 31, 2023 and March 31, 2022, respectively:

	Three Months Ended
	March 31, 2023						March 31, 2022
Restructuring Costs:	Cost of Sales		Operating Expenses		Total		Cost of Sales		Operating Expenses		Total
Employee Termination Expenses	$	2.3	$	0.6	$	2.9	$	4.8	$	3.6	$	8.4
Facility Related Costs	0.9		—		0.9		8.0		0.4		8.4
Other Expenses	1.2		—		1.2		—		—		—
Total Restructuring Costs	$	4.4	$	0.6	$	5.0	$	12.8	$	4.0	$	16.8

The following table presents the allocation of restructuring and restructuring-related costs by segment for the three months ended March 31, 2023 and March 31, 2022:

Restructuring Costs - Three Months Ended	Total		Industrial Powertrain Solutions		Power Efficiency Solutions		Automation & Motion Control		Industrial Systems
March 31, 2023	$	5.0	$	(0.4)	$	4.7	$	0.5	$	0.2
March 31, 2022	$	16.8	$	14.3	$	1.0	$	1.5	$	—