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GOODWILL AND OTHER INTANGIBLE ASSETS (Details 2) - USD ($)
$ in Millions
6 Months Ended
Jun. 27, 2015
Jun. 28, 2014
Dec. 31, 2014
Intangible assets with determinable lives      
Gross Carrying Value $ 594.4   $ 612.4
Accumulated Amortization (186.4)   (178.6)
Net Carrying Value 408.0   433.8
Total intangible assets      
Gross carrying value 985.6   1,009.6
Intangible Assets, Net (Excluding Goodwill), Total 799.2   831.0
Impairment charges 0.0 $ 0.0  
Flow Technology reportable segment      
Intangible assets with determinable lives      
Net Carrying Value 362.1    
Intangible assets with indefinite lives      
Trademarks 253.8    
Thermal Equipment and Services reportable segment      
Intangible assets with determinable lives      
Net Carrying Value 39.5    
Intangible assets with indefinite lives      
Trademarks 116.3    
Industrial Products and Services and Other      
Intangible assets with determinable lives      
Net Carrying Value 6.4    
Intangible assets with indefinite lives      
Trademarks 21.1    
Trademarks      
Intangible assets with indefinite lives      
Trademarks 391.2   397.2
Customer relationships      
Intangible assets with determinable lives      
Gross Carrying Value 379.3   388.6
Accumulated Amortization (97.4)   (91.7)
Net Carrying Value 281.9   296.9
Technology      
Intangible assets with determinable lives      
Gross Carrying Value 175.9   183.8
Accumulated Amortization (61.7)   (59.8)
Net Carrying Value 114.2   124.0
Patents      
Intangible assets with determinable lives      
Gross Carrying Value 11.3   11.3
Accumulated Amortization (8.9)   (8.8)
Net Carrying Value 2.4   2.5
Other.      
Intangible assets with determinable lives      
Gross Carrying Value 27.9   28.7
Accumulated Amortization (18.4)   (18.3)
Net Carrying Value $ 9.5   $ 10.4