SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule Of Reportable Segments

The following sets forth certain financial information attributable to the Company's operating segments for the three months ended March 31, 2024 and March 31, 2023:

	Three Months Ended
March 31, 2024	Industrial Powertrain Solutions		Power Efficiency Solutions		Automation & Motion Control		Industrial Systems		Eliminations		Total
External Sales	$	643.4	$	385.3	$	400.2	$	118.8	$	—	$	1,547.7
Intersegment Sales	2.9		5.1		4.6		0.3		(12.9)		—
Total Sales	646.3		390.4		404.8		119.1		(12.9)		1,547.7
Gross Profit	264.8		99.3		159.9		29.1		—		553.1
Operating Expenses	182.7		70.8		119.7		24.5		—		397.7
Loss on Assets Held for Sale	—		—		—		21.5		—		21.5
Total Operating Expenses	182.7		70.8		119.7		46.0		—		419.2
Income (Loss) from Operations	82.1		28.5		40.2		(16.9)		—		133.9
Depreciation and Amortization	70.2		11.6		45.9		0.5		—		128.2
Capital Expenditures	8.8		3.7		5.9		0.1		—		18.5
March 31, 2023
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

Schedule of Reconciliation of Segment Assets

The following table presents identifiable assets information attributable to the Company's operating segments as of March 31, 2024 and December 31, 2023:

	Industrial Powertrain Solutions		Power Efficiency Solutions		Automation & Motion Control		Industrial Systems		Total
Identifiable Assets as of March 31, 2024	$	7,838.1	$	1,960.4	$	4,836.6	$	438.7	$	15,073.8
Identifiable Assets as of December 31, 2023	8,009.4		2,036.4		4,909.2		476.4		15,431.4