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EMPLOYEE BENEFIT PLANS - Narrative (Details) - USD ($) $ in Millions |  | 3 Months Ended | 6 Months Ended | 9 Months Ended |
--- | --- | --- | --- | --- | ---
Oct. 01, 2022 | Oct. 01, 2022 | Jul. 02, 2022 | Apr. 02, 2022 | Jul. 02, 2022 | Oct. 01, 2022 | Feb. 17, 2022
Pension Plan | UNITED STATES |  |  |  |  |  |  |
Employee Benefit Plans |  |  |  |  |  |  |
Benefit (charge) due to settlement | $ (0.4) | $ (0.4) | $ (1.5) |  |  | $ (1.9) |
Projected benefit obligation |  |  |  |  | $ 10.0 |  |
Defined benefit plan, net periodic benefit expense | $ 2.0 | $ 2.0 |  |  | $ 2.3 | $ 4.3 |
Defined benefit plan, assumptions used calculating benefit obligation, discount rate |  | 5.70% | 4.86% | 2.83% |  |  |
Defined benefit plan, assumptions used calculating benefit obligation, return on plan assets |  | 5.00% | 4.50% | 3.25% |  |  |
SPX Postretirement Plans |  |  |  |  |  |  |
Employee Benefit Plans |  |  |  |  |  |  |
Consideration payable |  |  |  |  |  |  | $ 10.0
Benefit obligation, payment for settlement |  |  |  | $ 9.0 |  |  |
Loss on settlement |  |  |  | 0.7 |  |  |
Benefit (charge) due to settlement |  |  |  | $ 0.4 |  |  |

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- Definition Defined Benefit Plan, Benefit Obligation, Loss on Settlement + References No definition available. + Details
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- Definition Amount of actuarial present value of benefits attributed to employee service rendered, excluding assumptions about future compensation level. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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- Definition Weighted average rate for present value of future retirement benefits cash flows, used to determine net periodic benefit cost of defined benefit plan. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k)(1) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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- Definition Weighted average rate of return on plan assets, reflecting average rate of earnings expected on existing plan assets and expected contributions, used to determine net periodic benefit cost of defined benefit plan. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k)(3) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e2919-114920 + Details
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- Definition Amount of (increase) decrease to benefit obligation of defined benefit plan from remeasurement due to settlement. Excludes decrease to benefit obligation for settlement payment. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a)(10) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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- Definition Amount of payment, which decreases benefit obligation of defined benefit plan, for irrevocable action relieving primary responsibility for benefit obligation and eliminating risk for obligation and assets used to effect settlement. Transaction constituting settlement includes, but is not limited to, making lump-sum cash payment to participant in exchange for their rights to receive specified benefits and purchasing nonparticipating annuity contract. Excludes decreases to benefit obligation for remeasurement due to settlement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a)(10) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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- Definition Amount of gain (loss) recognized in net periodic benefit (cost) credit from irrevocable action relieving primary responsibility for benefit obligation and eliminating risk related to obligation and assets used to effect settlement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h)(7) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 45 -Paragraph 3A -URI https://asc.fasb.org/extlink&oid=123453770&loc=SL108413299-114919 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 6 -Subparagraph (a)(7) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e2709-114920 + Details
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