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INFORMATION ON REPORTABLE SEGMENTS AND OTHER OPERATING SEGMENTS (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Jun. 30, 2012
segment
Jul. 02, 2011
Dec. 31, 2011
Business segment          
Number of previously reported segments     4    
Number of businesses that are no longer reported within the former Test and Measurement reportable segment     2    
Revenues:          
Revenues $ 1,260.3 $ 1,136.8 $ 2,425.5 $ 2,121.7  
Income:          
Total income for reportable and other operating segments 116.0 116.5 198.5 221.6  
Corporate and other expenses          
Corporate expense (22.0) (24.2) (54.4) (56.2)  
Pension and postretirement expense (9.1) (9.0) (18.2) (18.1)  
Stock-based compensation expense (6.5) (6.5) (28.3) (25.7)  
Impairment of goodwill and other intangible assets   (24.7)   (24.7)  
Special Charges, Net (8.4) (4.2) (10.8) (6.6)  
Operating income 70.0 47.9 86.8 90.3  
Detail of revenues          
Revenues recognized under percentage of completion method 359.4 397.3 734.7 698.9  
Costs and estimated earnings in excess of billings 348.6   348.6   355.9
Billings in excess of costs and estimated earnings on uncompleted contracts 279.1   279.1   279.0
Billings in excess of costs and estimated earnings on uncompleted contracts reported as a component of accrued expenses 277.3   277.3   275.4
Billings in excess of costs and estimated earnings on uncompleted contracts reported as a component of other long-term liabilities 1.8   1.8   3.6
Flow Technology reportable segment
         
Revenues:          
Revenues 677.3 492.8 1,305.4 948.7  
Income:          
Total income for reportable and other operating segments 69.8 56.6 116.2 113.0  
Corporate and other expenses          
Special Charges, Net (5.9) (2.2) (7.2) (3.8)  
Thermal Equipment and Services reportable segment
         
Business segment          
Percentage of interest in South African subsidiary held by noncontrolling interest shareholder 25.10%   25.10%    
Revenues:          
Revenues 350.2 431.9 670.7 757.2  
Income:          
Total income for reportable and other operating segments 16.0 35.8 26.3 57.1  
Corporate and other expenses          
Special Charges, Net (2.2) (1.0) (2.4) (1.8)  
Industrial Products and Services
         
Revenues:          
Revenues 232.8 212.1 449.4 415.8  
Income:          
Total income for reportable and other operating segments 30.2 24.1 56.0 51.5  
Corporate and other expenses          
Special Charges, Net $ 0.1 $ (0.8)   $ (0.8)  
Minimum
         
Business segment          
Number of countries in which entity operates 35   35