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EQUITY AND STOCK-BASED COMPENSATION (Details 4) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 27, 2014
Sep. 28, 2013
Sep. 27, 2014
Sep. 28, 2013
Amounts reclassified from each component of accumulated comprehensive income (loss)        
Cost of products sold $ 816.0 $ 809.0 $ 2,426.3 $ 2,438.2
Revenues (1,158.1) (1,145.8) (3,407.2) (3,398.2)
Other income (expense), net (1.1) 4.1 (490.5) 4.2
Selling, general and administrative 226.9 224.8 734.7 710.6
Pre-tax (90.8) (79.7) (617.3) (147.1)
Income taxes 26.0 16.6 202.6 30.2
Net income (63.8) (68.5) (431.6) (125.7)
Losses on qualifying cash flow hedges | Amount Reclassified from AOCI
       
Amounts reclassified from each component of accumulated comprehensive income (loss)        
Pre-tax 0.3 2.8 0.5 3.5
Income taxes (0.1) (1.0) (0.1) (1.2)
Net income 0.2 1.8 0.4 2.3
Losses on qualifying cash flow hedges | Commodity contracts | Amount Reclassified from AOCI
       
Amounts reclassified from each component of accumulated comprehensive income (loss)        
Cost of products sold 0.3 0.6 0.5 0.5
Losses on qualifying cash flow hedges | FX forward contracts | Amount Reclassified from AOCI
       
Amounts reclassified from each component of accumulated comprehensive income (loss)        
Revenues   2.2   3.0
Loss on available-for-sale securities | Amount Reclassified from AOCI
       
Amounts reclassified from each component of accumulated comprehensive income (loss)        
Other income (expense), net     0.1  
(Gains) losses on pension and postretirement items | Amount Reclassified from AOCI
       
Amounts reclassified from each component of accumulated comprehensive income (loss)        
Other income (expense), net     7.4  
Selling, general and administrative (0.1) (0.4) (0.2) (1.0)
Pre-tax (0.1) (0.4) 7.2 (1.0)
Income taxes   0.2 (2.4) 0.3
Net income $ (0.1) $ (0.2) $ 4.8 $ (0.7)