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RESTRUCTURING ACTIVITIES (Tables) | 9 Months Ended
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Sep. 30, 2025
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 and nine months ended September 30, 2025 and September 30, 2024:
| Three Months Ended |  | Nine Months Ended
| September 30, 2025 |  | September 30, 2024 |  | September 30, 2025 |  | September 30, 2024
Beginning Balance | $ | 13.9 |  |  | $ | 16.7 |  |  | $ | 16.3 |  |  | $ | 29.1 |
Provision(1) | 8.1 |  |  | 10.9 |  |  | 22.1 |  |  | 29.1 |
Less: Payments | 7.8 |  |  | 10.2 |  |  | 24.2 |  |  | 40.8 |
Ending Balance | $ | 14.2 |  |  | $ | 17.4 |  |  | $ | 14.2 |  |  | $ | 17.4 |
(1) Excludes equipment related write-offs and restructuring related depreciation adjustments
Schedule of Reconciliation Of Expenses By Type | The following table presents a reconciliation of restructuring costs for restructuring projects for the three and nine months ended September 30, 2025 and September 30, 2024:
| Three Months Ended
| September 30, 2025 |  | September 30, 2024
Restructuring Costs: | Cost of Sales |  | Operating Expenses |  | Total |  | Cost of Sales |  | Operating Expenses |  | Total
Employee Termination Expenses | $ | 2.6 |  |  | $ | 3.2 |  |  | $ | 5.8 |  |  | $ | 3.1 |  |  | $ | 7.0 |  |  | $ | 10.1 |
Facility Related Costs | 1.1 |  |  | 1.4 |  |  | 2.5 |  |  | 2.0 |  |  | 0.1 |  |  | 2.1 |
Other Expenses | 0.1 |  |  | 0.4 |  |  | 0.5 |  |  | 0.2 |  |  | 0.5 |  |  | 0.7 |
Total Restructuring Costs | $ | 3.8 |  |  | $ | 5.0 |  |  | $ | 8.8 |  |  | $ | 5.3 |  |  | $ | 7.6 |  |  | $ | 12.9 |
| Nine Months Ended
| September 30, 2025 |  | September 30, 2024
Restructuring Costs: | Cost of Sales |  | Operating Expenses |  | Total |  | Cost of Sales |  | Operating Expenses |  | Total
Employee Termination Expenses | $ | 6.8 |  |  | $ | 9.5 |  |  | $ | 16.3 |  |  | $ | 8.9 |  |  | $ | 10.2 |  |  | $ | 19.1 |
Facility Related Costs | 4.7 |  |  | 2.1 |  |  | 6.8 |  |  | 4.9 |  |  | 0.5 |  |  | 5.4 |
Other Expenses | 0.6 |  |  | 0.2 |  |  | 0.8 |  |  | 5.5 |  |  | 1.9 |  |  | 7.4 |
Total Restructuring Costs | $ | 12.1 |  |  | $ | 11.8 |  |  | $ | 23.9 |  |  | $ | 19.3 |  |  | $ | 12.6 |  |  | $ | 31.9 |
The following table presents restructuring costs by segment for the three and nine months ended September 30, 2025 and September 30, 2024:
Restructuring Costs - Three Months Ended | Automation & Motion Control |  | Industrial Powertrain Solutions |  | Power Efficiency Solutions |  | Industrial Systems |  | Total
September 30, 2025 | $ | 2.1 |  |  | $ | 5.2 |  |  | $ | 1.5 |  |  | $ | — |  |  | $ | 8.8 |
September 30, 2024 | $ | 5.8 |  |  | $ | 5.3 |  |  | $ | 1.8 |  |  | $ | — |  |  | $ | 12.9 |
Restructuring Costs - Nine Months Ended | Automation & Motion Control |  | Industrial Powertrain Solutions |  | Power Efficiency Solutions |  | Industrial Systems |  | Total
September 30, 2025 | $ | 3.2 |  |  | $ | 18.4 |  |  | $ | 2.3 |  |  | $ | — |  |  | $ | 23.9 |
September 30, 2024 | $ | 9.1 |  |  | $ | 10.4 |  |  | $ | 11.4 |  |  | $ | 1.0 |  |  | $ | 31.9 |

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 5.P.3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.b.2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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