XML 48 R33.htm IDEA: XBRL DOCUMENT v3.25.3
Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for the nine months ended September 30, 2025 were as follows:
Engineered BearingsIndustrial MotionTotal
Beginning balance, January 1$692.0 $691.3 $1,383.3 
Foreign currency translation adjustments and other changes12.0 88.3 100.3 
Ending balance$704.0 $779.6 $1,483.6 
Schedule of Finite-Lived Intangible Assets
The following table displays intangible assets as of September 30, 2025 and December 31, 2024:
 Balance at September 30, 2025Balance at December 31, 2024
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Intangible assets
subject to amortization:
Customer relationships$861.6 $(309.1)$552.5 $805.7 $(262.9)$542.8 
Technology and know-how391.8 (146.1)245.7 369.6 (120.4)249.2 
Trade names116.5 (22.1)94.4 107.5 (16.9)90.6 
Capitalized software310.9 (283.3)27.6 302.8 (276.1)26.7 
Other10.3 (9.4)0.9 11.0 (9.8)1.2 
$1,691.1 $(770.0)$921.1 $1,596.6 $(686.1)$910.5 
Intangible assets not subject to amortization:
Trade names$91.8 $91.8 $87.3 $87.3 
FAA air agency certificates8.7 8.7 8.7 8.7 
$100.5 $100.5 $96.0 $96.0 
Total intangible assets$1,791.6 $(770.0)$1,021.6 $1,692.6 $(686.1)$1,006.5 
Schedule of Indefinite-Lived Intangible Assets
The following table displays intangible assets as of September 30, 2025 and December 31, 2024:
 Balance at September 30, 2025Balance at December 31, 2024
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Intangible assets
subject to amortization:
Customer relationships$861.6 $(309.1)$552.5 $805.7 $(262.9)$542.8 
Technology and know-how391.8 (146.1)245.7 369.6 (120.4)249.2 
Trade names116.5 (22.1)94.4 107.5 (16.9)90.6 
Capitalized software310.9 (283.3)27.6 302.8 (276.1)26.7 
Other10.3 (9.4)0.9 11.0 (9.8)1.2 
$1,691.1 $(770.0)$921.1 $1,596.6 $(686.1)$910.5 
Intangible assets not subject to amortization:
Trade names$91.8 $91.8 $87.3 $87.3 
FAA air agency certificates8.7 8.7 8.7 8.7 
$100.5 $100.5 $96.0 $96.0 
Total intangible assets$1,791.6 $(770.0)$1,021.6 $1,692.6 $(686.1)$1,006.5