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Goodwill and Other Intangible Assets (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Changes in the carrying amount of goodwill    
Gross goodwill, beginning of the period $ 2,045.9 $ 1,971.7
Accumulated impairment, balance at the beginning of the period (536.1) (263.8)
Goodwill, balance at the beginning of the period 1,509.8 1,707.9
Goodwill resulting from business combinations   14.6
Impairments   (270.4)
Gross goodwill related to foreign currency translation and other 11.1 59.6
Accumulated impairments related to foreign currency translation and other (3.9) (1.9)
Goodwill related to foreign currency translation and other 7.2 57.7
Gross goodwill, end of the period 2,057.0 2,045.9
Accumulated impairment, balance at the end of the period (540.0) (536.1)
Goodwill, balance at the end of the period 1,517.0 1,509.8
Foreign currency translation adjustments   8.4
Adjustments resulting from revisions to estimates of fair value of certain assets and liabilities and acquisitions   73.6
Reduction in goodwill associated with foreign currency translation   24.3
Flow Technology reportable segment
   
Changes in the carrying amount of goodwill    
Gross goodwill, beginning of the period 1,114.6 1,019.9
Goodwill, balance at the beginning of the period 1,114.6 1,019.9
Goodwill resulting from business combinations   14.6
Gross goodwill related to foreign currency translation and other 5.6 80.1
Goodwill related to foreign currency translation and other 5.6 80.1
Gross goodwill, end of the period 1,120.2 1,114.6
Goodwill, balance at the end of the period 1,120.2 1,114.6
Thermal Equipment and Services reportable segment
   
Changes in the carrying amount of goodwill    
Gross goodwill, beginning of the period 563.7 586.6
Accumulated impairment, balance at the beginning of the period (395.7) (125.3)
Goodwill, balance at the beginning of the period 168.0 461.3
Impairments   (270.4)
Gross goodwill related to foreign currency translation and other 6.3 (22.9)
Accumulated impairments related to foreign currency translation and other (3.8)  
Goodwill related to foreign currency translation and other 2.5 (22.9)
Gross goodwill, end of the period 570.0 563.7
Accumulated impairment, balance at the end of the period (399.5) (395.7)
Goodwill, balance at the end of the period 170.5 168.0
Industrial Products and Services and Other
   
Changes in the carrying amount of goodwill    
Gross goodwill, beginning of the period 367.6 365.2
Accumulated impairment, balance at the beginning of the period (140.4) (138.5)
Goodwill, balance at the beginning of the period 227.2 226.7
Gross goodwill related to foreign currency translation and other (0.8) 2.4
Accumulated impairments related to foreign currency translation and other (0.1) (1.9)
Goodwill related to foreign currency translation and other (0.9) 0.5
Gross goodwill, end of the period 366.8 367.6
Accumulated impairment, balance at the end of the period (140.5) (140.4)
Goodwill, balance at the end of the period $ 226.3 $ 227.2