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Impairment and Restructuring Charges (Tables) | 6 Months Ended
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Jun. 30, 2026
Restructuring Charges [Abstract] |
Schedule of Impairment and Restructuring Charges by Segment and Rollforward of Restructuring Accrual | Impairment and restructuring charges by segment are comprised of the following: For the three months ended June 30, 2026:
| Engineered Bearings | Industrial Motion | Unallocated Corporate | Total
Impairment charges | $ | — |  | $ | 79.0 |  | $ | — |  | $ | 79.0 |
Severance and related benefit costs | 5.4 |  | 3.0 |  | — |  | 8.4 |
Exit costs | 0.4 |  | 0.1 |  | — |  | 0.5 |
Total | $ | 5.8 |  | $ | 82.1 |  | $ | — |  | $ | 87.9 |
For the six months ended June 30, 2026:
| Engineered Bearings | Industrial Motion | Unallocated Corporate | Total
Impairment charges | $ | — |  | $ | 79.0 |  | $ | — |  | $ | 79.0 |
Severance and related benefit costs | 7.9 |  | 3.5 |  | 0.5 |  | 11.9 |
Exit costs | 0.3 |  | 0.3 |  | — |  | 0.6 |
Total | $ | 8.2 |  | $ | 82.8 |  | $ | 0.5 |  | $ | 91.5 |
For the three months ended June 30, 2025:
| Engineered Bearings | Industrial Motion | Unallocated Corporate | Total
Severance and related benefit costs | $ | 0.9 |  | $ | 1.8 |  | $ | — |  | $ | 2.7 |
Exit costs | — |  | 0.2 |  | — |  | 0.2 |
Total | $ | 0.9 |  | $ | 2.0 |  | $ | — |  | $ | 2.9 |
For the six months ended June 30, 2025:
| Engineered Bearings | Industrial Motion | Unallocated Corporate | Total
Severance and related benefit costs | $ | 1.5 |  | $ | 2.5 |  | $ | 9.4 |  | $ | 13.4 |
Exit costs | — |  | 0.4 |  | — |  | 0.4 |
Total | $ | 1.5 |  | $ | 2.9 |  | $ | 9.4 |  | $ | 13.8 |
The following is a rollforward of the consolidated restructuring accrual for the six months ended June 30, 2026 and twelve months ended December 31, 2025:
| June 30, 2026 |  | December 31, 2025 |
Beginning balance, January 1 | $ | 13.1 |  |  | $ | 3.7 |  |
Expense | 12.5 |  |  | 25.2 |  |
Payments | (10.3) |  |  | (15.8) |  |
Ending balance | $ | 15.3 |  |  | $ | 13.1 |  |

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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://www.xbrl.org/2009/role/commonPracticeRef -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 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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