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GOODWILL AND INTANGIBLE ASSETS (Schedule Of Changes To Goodwill) (Details)
$ in Millions
3 Months Ended
Mar. 31, 2024
USD ($)
Goodwill [Roll Forward]  
Beginning balance $ 6,553.1
Acquisitions (5.1)
Translation Adjustments (41.8)
Ending balance 6,506.2
Cumulative goodwill impairment charges 223.6
Industrial Powertrain Solutions  
Goodwill [Roll Forward]  
Beginning balance 3,747.0
Acquisitions (5.8)
Translation Adjustments (20.1)
Ending balance 3,721.1
Cumulative goodwill impairment charges 18.1
Power Efficiency Solutions  
Goodwill [Roll Forward]  
Beginning balance 753.9
Acquisitions 0.0
Translation Adjustments (2.2)
Ending balance 751.7
Cumulative goodwill impairment charges 200.4
Automation & Motion Control  
Goodwill [Roll Forward]  
Beginning balance 2,052.2
Acquisitions 0.7
Translation Adjustments (19.5)
Ending balance 2,033.4
Cumulative goodwill impairment charges $ 5.1