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COMMITMENTS AND CONTINGENCIES Asbestos Related Expenses (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2016 | Mar. 31, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015
Asbestos Related Contingencies [Line Items] |  |  |  |  |
Asbestos Related Costs (Benefit), Provision to Maintain 10-Year Forecast Period | $ 15.2 |  | $ 15.9 | $ 30.6 | $ 31.3
Loss (Gain) From Asbestos Insurance Settlement Agreement | $ 4.7 | $ (2.6) |  | 2.1 | 0.0
Liability [Member] |  |  |  |  |
Asbestos Related Contingencies [Line Items] |  |  |  |  |
Asbestos Related Costs (Benefit), Provision to Maintain 10-Year Forecast Period |  |  |  | 35.4 | 36.6
Loss (Gain) From Asbestos Insurance Settlement Agreement |  |  |  | 0.0 | 0.0
Assets [Member] |  |  |  |  |
Asbestos Related Contingencies [Line Items] |  |  |  |  |
Asbestos Related Costs (Benefit), Provision to Maintain 10-Year Forecast Period |  |  |  | (4.8) | (5.3)
Loss (Gain) From Asbestos Insurance Settlement Agreement |  |  |  | $ 2.1 | $ 0.0

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- Definition Asbestos Related Contingencies [Line Items] + References No definition available. + Details
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- Definition In addition to the charges associated with our annual measurement, we record a net asbestos charge each quarter to maintain a rolling 10-year forecast period. + References No definition available. + Details
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- Definition During 2013, ITT executed a final settlement agreement (the 2013 Settlement) with an insurer to settle responsibility for multiple categories of insured claims, including pending and future product liability claims. Under the terms of the 2013 Settlement, the insurer agreed to a specified series of payments over the course of the next five years, resulting in a one-time benefit of $31.0. + References No definition available. + Details
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