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OTHER CURRENT AND NON-CURRENT ASSETS - Components of Other Current and Non-Current Assets - USD ($) $ in Millions | Jul. 03, 2021 | Dec. 31, 2020
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Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |  |
Asbestos-related assets (see Note 19) | $ 0.0 | $ 91.0
Advance payments and other prepaid expenses | 43.3 | 39.6
Current contract assets, net | 14.4 | 19.1
Prepaid income taxes | 23.3 | 29.0
Other | 7.8 | 10.8
Other current assets | 88.8 | 189.5
Other employee benefit-related assets | 116.5 | 113.9
Operating lease right-of-use assets | 80.0 | 87.3
Capitalized software costs | 20.4 | 23.9
Environmental-related assets | 8.1 | 10.6
Equity method investments | 12.4 | 11.7
Other | 25.6 | 24.6
Other non-current assets | $ 263.0 | $ 272.0

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