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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for the six months ended June 30, 2026 were as follows:
Engineered BearingsIndustrial MotionTotal
Beginning balance, January 1$703.9 $782.5 $1,486.4 
Acquisitions 52.0 52.0 
Foreign currency translation adjustments and other changes(4.0)(17.3)(21.3)
Ending balance$699.9 $817.2 $1,517.1 
Schedule of Finite-Lived Intangible Assets
The following table displays intangible assets as of June 30, 2026 and December 31, 2025:
Balance at June 30, 2026Balance at December 31, 2025
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Intangible assets
subject to amortization:
Customer relationships$828.2 $(319.1)$509.1 $863.0 $(321.9)$541.1 
Technology and know-how383.2 (154.2)229.0 392.3 (152.6)239.7 
Trade names157.6 (25.9)131.7 116.6 (23.6)93.0 
Capitalized software309.6 (285.7)23.9 312.0 (284.9)27.1 
Other2.4 (1.9)0.5 2.5 (1.7)0.8 
$1,681.0 $(786.8)$894.2 $1,686.4 $(784.7)$901.7 
Intangible assets not subject to amortization:
Trade names$53.0 $53.0 $91.9 $91.9 
FAA air agency certificates8.7 8.7 8.7 8.7 
$61.7 $61.7 $100.6 $100.6 
Total intangible assets$1,742.7 $(786.8)$955.9 $1,787.0 $(784.7)$1,002.3 
Schedule of Indefinite-Lived Intangible Assets
The following table displays intangible assets as of June 30, 2026 and December 31, 2025:
Balance at June 30, 2026Balance at December 31, 2025
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Intangible assets
subject to amortization:
Customer relationships$828.2 $(319.1)$509.1 $863.0 $(321.9)$541.1 
Technology and know-how383.2 (154.2)229.0 392.3 (152.6)239.7 
Trade names157.6 (25.9)131.7 116.6 (23.6)93.0 
Capitalized software309.6 (285.7)23.9 312.0 (284.9)27.1 
Other2.4 (1.9)0.5 2.5 (1.7)0.8 
$1,681.0 $(786.8)$894.2 $1,686.4 $(784.7)$901.7 
Intangible assets not subject to amortization:
Trade names$53.0 $53.0 $91.9 $91.9 
FAA air agency certificates8.7 8.7 8.7 8.7 
$61.7 $61.7 $100.6 $100.6 
Total intangible assets$1,742.7 $(786.8)$955.9 $1,787.0 $(784.7)$1,002.3