GOODWILL AND INTANGIBLE ASSETS (Schedule Of Changes To Goodwill) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Goodwill [Roll Forward]
Beginning balance			$ 4,018.8
Impairment	$ (57.3)	$ 0.0	(57.3)	$ 0.0
Acquisitions			2,601.2
Reclassification to Noncurrent Assets Held for Sale			(53.9)
Translation Adjustments			(35.8)
Ending balance	6,473.0		6,473.0
Cumulative Goodwill Impairment Charges	386.0		386.0
Industrial Powertrain Solutions
Goodwill [Roll Forward]
Beginning balance			2,290.0
Impairment			0.0
Acquisitions			1,429.7
Reclassification to Noncurrent Assets Held for Sale			0.0
Translation Adjustments			(16.6)
Ending balance	3,703.1		3,703.1
Cumulative Goodwill Impairment Charges	18.1		18.1
Power Efficiency Solutions
Goodwill [Roll Forward]
Beginning balance			752.3
Impairment			0.0
Acquisitions			0.0
Reclassification to Noncurrent Assets Held for Sale			0.0
Translation Adjustments			(1.9)
Ending balance	750.4		750.4
Cumulative Goodwill Impairment Charges	200.4		200.4
Automation & Motion Control
Goodwill [Roll Forward]
Beginning balance			865.0
Impairment			0.0
Acquisitions			1,171.5
Reclassification to Noncurrent Assets Held for Sale			0.0
Translation Adjustments			(17.0)
Ending balance	2,019.5		2,019.5
Cumulative Goodwill Impairment Charges	5.1		5.1
Industrial Systems
Goodwill [Roll Forward]
Beginning balance			111.5
Impairment			(57.3)
Acquisitions			0.0
Reclassification to Noncurrent Assets Held for Sale			(53.9)
Translation Adjustments			(0.3)
Ending balance	0.0		0.0
Cumulative Goodwill Impairment Charges	$ 162.4		$ 162.4