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SEGMENT INFORMATION (Tables)
 3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information by Segment Revenue
 
Revenue
 
Operating Income
 
Operating Margin
Three Months Ended March 31
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Industrial Process
$
255.6

 
$
285.5

 
$
20.4

 
$
24.3

 
8.0
%
 
8.5
 %
Motion Technologies
191.2

 
217.8

 
41.0

 
40.2

 
21.4
%
 
18.5
 %
Interconnect Solutions
77.5

 
100.0

 
4.8

 
(3.0
)
 
6.2
%
 
(3.0
)%
Control Technologies
65.8

 
72.9

 
14.3

 
15.5

 
21.7
%
 
21.3
 %
Total segment results
590.1

 
676.2

 
80.5

 
77.0

 
13.7
%
 
11.4
 %
Asbestos-related costs, net
—

 
—

 
(15.4
)
 
(15.8
)
 
—

 
—

Eliminations / Other corporate costs
(1.4
)
 
(1.7
)
 
(7.2
)
 
(12.9
)
 
—

 
—

Total Eliminations / Corporate and Other costs
(1.4
)
 
(1.7
)
 
(22.6
)
 
(28.7
)
 
—

 
—

Total
$
588.7

 
$
674.5

 
$
57.9

 
$
48.3

 
9.8
%
 
7.2
 %
Schedule of Segment Reporting Information, by Segment [Table Text Block]
 
Total Assets
 
Capital
Expenditures
 
Depreciation &
Amortization
Three Months Ended March 31
2015
 
2014(a)
 
2015
 
2014
 
2015
 
2014
Industrial Process
$
1,111.4

 
$
1,152.3

 
$
6.2

 
$
8.2

 
$
7.6

 
$
7.2

Motion Technologies
439.6

 
450.1

 
13.3

 
8.2

 
6.9

 
7.2

Interconnect Solutions
371.0

 
365.4

 
7.1

 
1.2

 
2.3

 
2.8

Control Technologies
334.4

 
334.1

 
2.4

 
0.8

 
2.5

 
2.5

Corporate and Other
1,316.2

 
1,329.6

 
1.2

 
0.6

 
1.4

 
1.4

Total
$
3,572.6

 
$
3,631.5

 
$
30.2

 
$
19.0

 
$
20.7

 
$
21.1