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PROPOSED SPIN-OFF TRANSACTION	9 Months Ended
PROPOSED SPIN-OFF TRANSACTION	Sep. 27, 2014
PROPOSED SPIN-OFF TRANSACTION
PROPOSED SPIN-OFF TRANSACTION	(16) PROPOSED SPIN-OFF TRANSACTION On October 29, 2014, we announced that our Board of Directors had unanimously approved a plan for a tax-free spin-off of our Flow Technology reportable segment and our Hydraulic Technologies business, a business currently reported within Industrial Products and Services and Other. The spin-off would create a new stand-alone, publicly-traded company with projected annual revenues of approximately $3,000.0, focused on providing highly engineered technologies and services to customers in the global power and energy, food and beverage, and industrial markets. One-time costs, net of income taxes, associated with the planned transaction are expected to be in the range of $60.0 to $80.0, inclusive of income taxes on the potential repatriation of foreign earnings. We currently expect the transaction to be completed within the next 12 months. The completion of the spin-off is subject to certain customary conditions, including effectiveness of appropriate filings with the SEC and final approval by our Board of Directors. There are no assurances as to when the planned spin-off will be completed, if at all, or if the spin-off will be completed in the form or within the one-time cost range currently contemplated.