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GOODWILL AND OTHER INTANGIBLE ASSETS (Details 2) (USD $)
In Millions, unless otherwise specified
6 Months Ended 3 Months Ended
Jun. 28, 2014
Jun. 29, 2013
Dec. 31, 2013
Jun. 28, 2014
Flow Technology reportable segment
Jun. 28, 2014
Thermal Equipment and Services reportable segment
Jun. 28, 2014
Industrial Products and Services and Other
Jun. 28, 2014
Trademarks
Dec. 31, 2013
Trademarks
Mar. 30, 2013
Trademarks
Clyde Union Holdings, SARL
Jun. 28, 2014
Patent
Dec. 31, 2013
Patent
Jun. 28, 2014
Technology
Dec. 31, 2013
Technology
Jun. 28, 2014
Customer relationships
Dec. 31, 2013
Customer relationships
Jun. 28, 2014
Other
Dec. 31, 2013
Other
Intangible assets with determinable lives                                  
Gross carrying value of finite-lived intangible assets $ 655.4   $ 650.8             $ 11.6 $ 11.5 $ 197.7 $ 196.3 $ 415.7 $ 412.0 $ 30.4 $ 31.0
Accumulated amortization (175.0)   (157.9)             (8.6) (8.3) (58.6) (52.4) (88.8) (78.6) (19.0) (18.6)
Net carrying value of finite-lived intangible assets 480.4   492.9 427.9 44.7 7.8       3.0 3.2 139.1 143.9 326.9 333.4 11.4 12.4
Intangible assets with indefinite lives                                  
Trademarks       289.6 126.3 18.7 434.6 431.8                  
Total intangible assets                                  
Gross carrying value 1,090.0   1,082.6                            
Net carrying value 915.0   924.7                            
Impairment charges $ 0 $ 2.0             $ 2.0