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SHAREHOLDERS' EQUITY AND STOCK-BASED COMPENSATION (Details 4) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 27, 2015
Jun. 28, 2014
Jun. 27, 2015
Jun. 28, 2014
Amounts reclassified from each component of accumulated comprehensive income        
Revenues $ 1,074.4 $ 1,195.1 $ 2,021.3 $ 2,272.2
Cost of products sold (768.2) (847.9) (1,453.2) (1,623.5)
Other income (expense), net   (1.2) 0.8 489.4
Selling, general and administrative (228.9) (244.4) (462.1) (511.9)
Income from continuing operations before income taxes 47.3 75.3 47.2 532.0
Income taxes (10.4) (18.6) (19.9) (178.6)
Net income 36.4 50.0 26.4 367.8
Net Unrealized Gains (Losses) on Qualifying Cash Flow Hedges | Amount Reclassified from AOCI        
Amounts reclassified from each component of accumulated comprehensive income        
Income from continuing operations before income taxes (0.6) 0.1 0.1 0.2
Income taxes (0.2)   (0.3)  
Net income (0.8) 0.1 (0.2) 0.2
Net Unrealized Gains (Losses) on Qualifying Cash Flow Hedges | FX forward contracts | Amount Reclassified from AOCI        
Amounts reclassified from each component of accumulated comprehensive income        
Revenues (1.1)   (1.1)  
Net Unrealized Gains (Losses) on Qualifying Cash Flow Hedges | Commodity contracts | Amount Reclassified from AOCI        
Amounts reclassified from each component of accumulated comprehensive income        
Cost of products sold 0.5 0.1 1.2 0.2
Net Unrealized Losses on Available-for-Sale Securities | Amount Reclassified from AOCI        
Amounts reclassified from each component of accumulated comprehensive income        
Other income (expense), net   0.4   0.1
Pension and Postretirement Liability Adjustment | Amount Reclassified from AOCI        
Amounts reclassified from each component of accumulated comprehensive income        
Other income (expense), net       7.4
Selling, general and administrative (0.2) (0.1) (0.4) (0.1)
Income from continuing operations before income taxes (0.2) (0.1) (0.4) 7.3
Income taxes 0.1   0.1 (2.4)
Net income $ (0.1) $ (0.1) $ (0.3) $ 4.9