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SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
 
Revenue
 
Operating 
Income (Loss)
 
Operating Margin
Three Months Ended June 30
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Industrial Process
$
287.5

 
$
289.4

 
$
41.5

 
$
25.4

 
14.4
 %
 
8.8
%
Motion Technologies
184.4

 
198.0

 
37.0

 
34.7

 
20.1
 %
 
17.5
%
Interconnect Solutions
82.7

 
103.7

 
(0.8
)
 
12.3

 
(1.0
)%
 
11.9
%
Control Technologies
74.5

 
73.7

 
12.2

 
16.2

 
16.4
 %
 
22.0
%
Total segment results
629.1

 
664.8

 
89.9

 
88.6

 
14.3
 %
 
13.4
%
Asbestos-related benefit (costs), net

 

 
84.8

 
(15.9
)
 

 

Eliminations / Other corporate costs
(0.9
)
 
(1.8
)
 
(10.2
)
 
(18.2
)
 

 

Total Eliminations / Corporate and Other costs
(0.9
)
 
(1.8
)
 
74.6

 
(34.1
)
 

 

Total
$
628.2

 
$
663.0

 
$
164.5

 
$
54.5

 
26.2
 %
 
8.2
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
Operating Income (Loss)
 
Operating Margin
Six Months Ended June 30
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Industrial Process
$
543.1

 
$
574.9

 
$
61.9

 
$
49.7

 
11.4
 %
 
8.6
%
Motion Technologies
375.6

 
415.8

 
78.0

 
74.9

 
20.8
 %
 
18.0
%
Interconnect Solutions
160.2

 
203.7

 
4.0

 
9.3

 
2.5
 %
 
4.6
%
Control Technologies
140.3

 
146.6

 
26.5

 
31.7

 
18.9
 %
 
21.6
%
Total segment results
1,219.2

 
1,341.0

 
170.4

 
165.6

 
14.0
 %
 
12.4
%
Asbestos-related benefit (costs), net

 

 
69.4

 
(31.7
)
 

 

Eliminations / Other corporate costs
(2.3
)
 
(3.5
)
 
(17.4
)
 
(31.1
)
 

 

Total Eliminations / Corporate and Other costs
(2.3
)
 
(3.5
)
 
52.0

 
(62.8
)
 

 

Total
$
1,216.9

 
$
1,337.5

 
$
222.4

 
$
102.8

 
18.3
 %
 
7.7
%
 
Total Assets
 
Capital
Expenditures
 
Depreciation &
Amortization
Six Months Ended June 30
2015
 
2014(a)
 
2015
 
2014
 
2015
 
2014
Industrial Process
$
1,120.6

 
$
1,152.3

 
$
9.1

 
$
17.0

 
$
14.2

 
$
14.5

Motion Technologies
454.4

 
450.1

 
19.9

 
20.7

 
13.8

 
14.6

Interconnect Solutions
373.1

 
365.4

 
12.0

 
3.7

 
4.7

 
5.1

Control Technologies
379.0

 
334.1

 
3.1

 
1.0

 
5.9

 
5.0

Corporate and Other
1,248.6

 
1,329.6

 
1.9

 
3.3

 
3.3

 
3.0

Total
$
3,575.7

 
$
3,631.5

 
$
46.0

 
$
45.7

 
$
41.9

 
$
42.2