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Revenue (Tables)

9 Months Ended

Sep. 30, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following table presents details deemed relevant to the users of the financial statements about total revenue for the three and nine months ended September 30, 2025 and 2024:

			Three Months Ended									Three Months Ended
			September 30, 2025									September 30, 2024
			Engineered Bearings			Industrial Motion			Total			Engineered Bearings			Industrial Motion			Total
United States			$	323.1		$	205.1		$	528.2		$	310.4		$	202.4		$	512.8
Americas excluding the    United States			91.2			23.9			115.1			95.5			28.1			123.6
Europe / Middle East / Africa			150.0			135.2			285.2			139.9			124.0			263.9
Asia-Pacific			201.5			27.1			228.6			194.9			31.6			226.5
Net sales			$	765.8		$	391.3		$	1,157.1		$	740.7		$	386.1		$	1,126.8

			Nine Months Ended									Nine Months Ended
			September 30, 2025									September 30, 2024
			Engineered Bearings			Industrial Motion			Total			Engineered Bearings			Industrial Motion			Total
United States			$	954.3		$	619.2		$	1,573.5		$	981.4		$	598.6		$	1,580.0
Americas excluding the    United States			277.7			67.1			344.8			286.5			79.2			365.7
Europe / Middle East / Africa			438.2			401.2			839.4			460.4			401.8			862.2
Asia-Pacific			633.7			79.4			713.1			598.3			93.2			691.5
Net sales			$	2,303.9		$	1,166.9		$	3,470.8		$	2,326.6		$	1,172.8		$	3,499.4

Note 4 - Revenue (continued)

When reviewing revenue by sales channel, the Company separates net sales to original equipment manufacturers ("OEMs") from sales to distributors and end users. The following table presents the approximate percent of revenue by sales channel for the nine months ended September 30, 2025 and 2024:

			Nine Months Ended			Nine Months Ended
Revenue by sales channel			September 30, 2025			September 30, 2024
Original equipment manufacturers			60%			55%
Distribution/direct to end users			40%			45%

Schedule of Rollforward of Unbilled Receivables and Deferred Revenue

The following table contains a rollforward of unbilled receivables for the nine months ended September 30, 2025 and the twelve months ended December 31, 2024:

			September 30, 2025			December 31, 2024
Beginning balance, January 1			$	140.8		$	144.5
Additional unbilled revenue recognized			274.4			380.5
Less: amounts billed to customers			(254.5)			(384.2)
Ending balance			$	160.7		$	140.8

The following table contains a rollforward of deferred revenue for the nine months ended September 30, 2025 and the twelve months ended December 31, 2024:

			September 30, 2025			December 31, 2024
Beginning balance, January 1			$	41.4		$	45.4
Acquisitions			—			0.7
Revenue received or billed in advance of recognition			145.5			153.0
Less: revenue recognized			(121.1)			(157.7)
Ending balance			$	65.8		$	41.4

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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