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ACQUISITIONS Acquisitions (Details) - USD ($) $ in Millions | Jun. 29, 2024 | Jan. 19, 2024 | Dec. 31, 2023 | May 02, 2023
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Business Acquisition [Line Items] |  |  |  |  |
Goodwill |  | $ 1,200.9 |  | $ 1,016.3 |
Micro-Mode |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |
Receivables |  |  |  |  | $ 2.7
Inventory |  |  |  |  | 5.3
Plant, property and equipment |  |  |  |  | 6.1
Goodwill | [1] |  |  |  | 44.9
Other intangible assets |  |  |  |  | 28.7
Other assets |  |  |  |  | 0.2
Accounts payable and accrued liabilities |  |  |  |  | (2.6)
Other liabilities |  |  |  |  | (6.3)
Net assets acquired |  |  |  |  | $ 79.0
Svanehoj |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |
Receivables |  |  | $ 22.4 |  |
Inventory |  |  | 39.8 |  |
Plant, property and equipment |  |  | 19.1 |  |
Goodwill | [1] |  | 215.4 |  |
Other intangible assets |  |  | 212.6 |  |
Other assets |  |  | 9.0 |  |
Accounts payable and accrued liabilities |  |  | (28.0) |  |
Other liabilities |  |  | (52.9) |  |
Contract liabilities |  |  | $ 29.8 |  |
[1] | Goodwill related to the acquisition of Svanehøj is primarily attributable to future economic benefits expected from our entrance into the marine sector, our expanded presence in the energy market, and geographic expansion. Goodwill arising from acquisitions is not expected to be deductible for income tax purposes.

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