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SHAREHOLDERS' EQUITY AND LONG-TERM INCENTIVE COMPENSATION (Details 4) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 01, 2016
Sep. 26, 2015
Oct. 01, 2016
Sep. 26, 2015
Amounts reclassified from each component of accumulated comprehensive income        
Revenues [1] $ (385.2) $ (374.1) $ (1,187.4) $ (1,209.8)
Cost of products sold 301.2 371.2 918.8 1,036.4
Pre-tax (2.6) 125.2 (26.8) 192.2
Income taxes 0.0 5.5 6.1 (8.6)
Net loss (income) (1.9) 130.6 (18.5) 104.3
Selling, general and administrative 76.3 106.8 239.5 322.4
Recognition of foreign currency translation adjustment associated with the sale of our dry cooling business (1.7) 0.0 (18.4) 0.0
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Dry Cooling Business        
Amounts reclassified from each component of accumulated comprehensive income        
Recognition of foreign currency translation adjustment associated with the sale of our dry cooling business (1.7)   (18.4)  
Net Unrealized Gains (Losses) on Qualifying Cash Flow Hedges | Amount Reclassified from AOCI        
Amounts reclassified from each component of accumulated comprehensive income        
Pre-tax 0.3 1.1 2.9 1.2
Income taxes (0.1) (0.3) (0.8) (0.6)
Net loss (income) 0.2 0.8 2.1 0.6
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 0.0 0.2 1.0 (0.9)
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 0.3 0.9 1.9 2.1
Pension and Postretirement Liability Adjustment        
Amounts reclassified from each component of accumulated comprehensive income        
Amortization of unrecognized prior service credits, pre-tax (0.3) (0.2) (0.7) (0.6)
Income taxes 0.2 0.1 0.3 0.2
Gains on pension and postretirement items, net of tax (0.1) (0.1) (0.4) (0.4)
Pension and Postretirement Liability Adjustment | Amount Reclassified from AOCI        
Amounts reclassified from each component of accumulated comprehensive income        
Selling, general and administrative $ (0.3) $ (0.2) (0.7) (0.6)
Foreign Currency Translation Adjustment | Amount Reclassified from AOCI | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Dry Cooling Business        
Amounts reclassified from each component of accumulated comprehensive income        
Recognition of foreign currency translation adjustment associated with the sale of our dry cooling business     $ (40.4) $ 0.0
[1] Under the percentage-of-completion method, we recognized revenues of $111.0 and $78.8 in the three months ended October 1, 2016 and September 26, 2015, respectively. For the nine months ended October 1, 2016 and September 26, 2015, revenues under the percentage-of-completion method were $347.6 and $325.1, respectively. Costs and estimated earnings in excess of billings on uncompleted contracts accounted for under the percentage-of-completion method were $91.3 and $106.3 as of October 1, 2016 and December 31, 2015, respectively, and are reported as a component of ‘‘Accounts receivable, net’’ in the condensed consolidated balance sheets. Billings in excess of costs and estimated earnings on uncompleted contracts accounted for under the percentage-of-completion method were $75.8 and $116.3 as of October 1, 2016 and December 31, 2015, respectively, and are reported as a component of ‘‘Accrued expenses’’ in the condensed consolidated balance sheets.