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GOODWILL AND OTHER INTANGIBLE ASSETS (Details)
$ in Millions
6 Months Ended
Jun. 27, 2015
USD ($)
Changes in the carrying amount of goodwill  
Gross goodwill, beginning of the period $ 1,985.9
Accumulated impairment, balance at the beginning of the period (530.5)
Goodwill, balance at the beginning of the period 1,455.4
Gross goodwill related to foreign currency translation and other (46.7)
Accumulated impairments related to foreign currency translation and other 7.4
Goodwill related to foreign currency translation and other (39.3)
Gross goodwill, end of the period 1,939.2
Accumulated impairment, balance at the end of the period (523.1)
Goodwill, balance at the end of the period 1,416.1
Flow Technology reportable segment  
Changes in the carrying amount of goodwill  
Gross goodwill, beginning of the period 1,036.5
Goodwill, balance at the beginning of the period 1,036.5
Gross goodwill related to foreign currency translation and other (33.9)
Goodwill related to foreign currency translation and other (33.9)
Gross goodwill, end of the period 1,002.6
Goodwill, balance at the end of the period 1,002.6
Thermal Equipment and Services reportable segment  
Changes in the carrying amount of goodwill  
Gross goodwill, beginning of the period 553.3
Accumulated impairment, balance at the beginning of the period (391.4)
Goodwill, balance at the beginning of the period 161.9
Gross goodwill related to foreign currency translation and other (13.2)
Accumulated impairments related to foreign currency translation and other 7.6
Goodwill related to foreign currency translation and other (5.6)
Gross goodwill, end of the period 540.1
Accumulated impairment, balance at the end of the period (383.8)
Goodwill, balance at the end of the period 156.3
Industrial Products and Services and Other  
Changes in the carrying amount of goodwill  
Gross goodwill, beginning of the period 396.1
Accumulated impairment, balance at the beginning of the period (139.1)
Goodwill, balance at the beginning of the period 257.0
Gross goodwill related to foreign currency translation and other 0.4
Accumulated impairments related to foreign currency translation and other (0.2)
Goodwill related to foreign currency translation and other 0.2
Gross goodwill, end of the period 396.5
Accumulated impairment, balance at the end of the period (139.3)
Goodwill, balance at the end of the period $ 257.2