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CONTINGENT LIABILITIES AND OTHER MATTERS (Details) $ in Millions | 3 Months Ended |
--- | --- | ---
Apr. 01, 2017 USD ($) corporate_entity | Apr. 02, 2016 USD ($) | Dec. 31, 2016 USD ($)
Contingent Liabilities and Other Matters |  |  |
Carrying values of accruals | $ 651.7 |  | $ 653.5
Liability for asbestos product liability matters | 604.1 |  | 605.6
Payments for asbestos-related matters, net of insurance recoveries |  | $ 1.3 |
Asbestos Issue |  |  |
Contingent Liabilities and Other Matters |  |  |
Insurance recoveries for asbestos-related matters, net of payments | 9.0 |  |
Cash proceeds received | $ 8.5 |  |
Asbestos Issue | Minimum |  |  |
Contingent Liabilities and Other Matters |  |  |
Number of corporate entities named as defendants | corporate_entity | 50 |  |
Other Long Term Liabilities |  |  |
Contingent Liabilities and Other Matters |  |  |
Accruals included in other long-term liabilities | $ 617.6 |  | 621.0
Other assets | Asbestos Issue |  |  |
Contingent Liabilities and Other Matters |  |  |
Insurance recovery assets | $ 554.0 |  | $ 564.4

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- Definition The amount recovered from insurance. These recoveries reduce costs and losses that are reported as a separate line item under operating expenses. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.3) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
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