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SHAREHOLDERS' EQUITY AND LONG-TERM INCENTIVE COMPENSATION (Details 4) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Oct. 01, 2016
Apr. 02, 2016
Sep. 30, 2017
Oct. 01, 2016
Amounts reclassified from each component of accumulated comprehensive income          
Revenues [1] $ (348.5) $ (345.0)   $ (1,038.8) $ (1,077.0)
Cost of products sold 263.4 264.2   789.5 815.2
Interest expense 4.3 3.8   12.9 11.1
Pre-tax (26.8) (7.1)   (38.0) (43.4)
Income taxes 4.8 0.5   14.0 10.1
Net loss (income) (22.3) (1.9)   (30.7) (18.5)
Selling, general and administrative 62.9 68.5   203.9 215.6
Recognition of foreign currency translation adjustment associated with the sale of our dry cooling business 0.0 (1.7)   0.0 (18.4)
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) $ (17.9)   (18.4)
Net Unrealized Gains (Losses) on Qualifying Cash Flow Hedges          
Amounts reclassified from each component of accumulated comprehensive income          
Gains on pension and postretirement items, net of tax (0.1) [2] 0.2 [3]   (0.8) [4] 2.1 [5],[6]
Net Unrealized Gains (Losses) on Qualifying Cash Flow Hedges | Amount Reclassified from AOCI          
Amounts reclassified from each component of accumulated comprehensive income          
Pre-tax (0.2) 0.3   (1.3) 2.9
Income taxes 0.1 (0.1)   0.5 (0.8)
Net loss (income) (0.1) 0.2   (0.8) 2.1
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 0.0   0.0 1.0
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 (0.2) 0.3   (1.6) 1.9
Net Unrealized Gains (Losses) on Qualifying Cash Flow Hedges | Swaps | Amount Reclassified from AOCI          
Amounts reclassified from each component of accumulated comprehensive income          
Interest expense 0.0 0.0   0.3 0.0
Pension and Postretirement Liability Adjustment          
Amounts reclassified from each component of accumulated comprehensive income          
Amortization of unrecognized prior service credits, pre-tax (0.3) (0.3)   (0.7) (0.7)
Income taxes 0.2 0.2   0.3 0.3
Gains on pension and postretirement items, net of tax (0.1) [7],[8] (0.1) [9]   (0.4) [10],[11] (0.4) [5],[12]
Pension and Postretirement Liability Adjustment | Amount Reclassified from AOCI          
Amounts reclassified from each component of accumulated comprehensive income          
Selling, general and administrative (0.3) (0.3)   (0.7) (0.7)
Foreign Currency Translation Adjustment          
Amounts reclassified from each component of accumulated comprehensive income          
Gains on pension and postretirement items, net of tax $ 0.0 $ 0.0   0.0 (40.4) [5]
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       $ 0.0 $ (40.4)
[1] Under the percentage-of-completion method, we recognized revenues of $67.0 and $78.3 in the three months ended September 30, 2017 and October 1, 2016, respectively. For the nine months ended September 30, 2017 and October 1, 2016, revenues under the percentage-of-completion method were $211.6 and $262.7, respectively. Costs and estimated earnings in excess of billings on uncompleted contracts accounted for under the percentage-of-completion method were $41.0 and $33.9 as of September 30, 2017 and December 31, 2016, 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 $19.7 and $53.3 as of September 30, 2017 and December 31, 2016, respectively, and are reported as a component of ‘‘Accrued expenses’’ in the condensed consolidated balance sheets.
[2] Net of tax provision of $1.1 and $0.8 as of September 30, 2017 and July 1, 2017, respectively.
[3] Net of tax benefit of $0.7 and $1.0 as of October 1, 2016 and July 2, 2016, respectively.
[4] Net of tax provision of $1.1 and $0.9 as of September 30, 2017 and December 31, 2016, respectively.
[5] In connection with the sale of our dry cooling business, we reclassified $40.4 of other comprehensive income related to foreign currency translation to “Gain on sale of dry cooling business.”
[6] Net of tax benefit of $0.7 and $0.8 as of October 1, 2016 and December 31, 2015, respectively.
[7] As indicated in Note 9, we reduced our unfunded liability related to postretirement benefits and increased accumulated other comprehensive income (before tax effects) by $26.8.
[8] Net of tax provision of $12.9 and $2.6 as of September 30, 2017 and July 1, 2017, respectively. The balances as of September 30, 2017 and July 1, 2017 represent net unamortized prior service credits.
[9] Net of tax provision of $2.8 and $3.0 as of October 1, 2016 and July 2, 2016, respectively. The balances as of October 1, 2016 and July 2, 2016 include net unamortized prior service credits.
[10] As indicated in Note 9, we reduced our unfunded liability related to postretirement benefits and increased accumulated other comprehensive income (before tax effects) by $26.8.
[11] Net of tax provision of $12.9 and $2.7 as of September 30, 2017 and December 31, 2016. The balances as of September 30, 2017 and December 31, 2016 represent net unamortized prior service credits.
[12] Net of tax provision of $2.8 and $3.1 as of October 1, 2016 and December 31, 2015, respectively. The balances as of October 1, 2016 and December 31, 2015 include net unamortized prior service credits.