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CONTINGENT LIABILITIES AND OTHER MATTERS (Details) $ in Millions | 3 Months Ended |
--- | --- | ---
Mar. 31, 2018 USD ($) corporate_entity | Apr. 01, 2017 USD ($) | Dec. 31, 2017 USD ($)
Contingent Liabilities and Other Matters |  |  |
Carrying values of accruals | $ 672.8 |  | $ 685.7
Liability for asbestos product liability matters | 629.5 |  | 641.2
Payments for asbestos-related matters, net of insurance recoveries | 3.7 | $ 11.1 |
Insurance recoveries | $ 8.8 |  |
Asbestos Issue |  |  |
Contingent Liabilities and Other Matters |  |  |
Insurance recoveries |  | 9.0 |
Proceeds from insurance settlement |  | $ 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 | $ 640.7 |  | 651.6
Other assets | Asbestos Issue |  |  |
Contingent Liabilities and Other Matters |  |  |
Insurance recovery assets | $ 582.1 |  | $ 590.9

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