Enhanced common mode current reduction in three-phase inductors, transformers, and motor drive systems. A motor drive system includes an iron core transformer, a common-mode transformer coupled to a three-phase motor, and a variable speed drive providing a three-phase power signal to drive the three-phase motor, and coupled to the iron core transformer and the common mode transformer. The system includes a DC bus having a DC bus midpoint. The common-mode transformer includes a toroidal ferrite core, a first choke winding, a second choke winding, a third choke winding, a first coupling winding collocated with the first choke winding, a second coupling winding collocated with the second choke winding, and a third coupling winding collocated with the third choke winding. The first, second, and third coupling windings are coupled in parallel to one another. The coupled windings couple a neutral point of the iron core transformer to the DC bus midpoint.