OTHER CURRENT AND NON-CURRENT ASSETS (Tables)

6 Months Ended

Jun. 30, 2016

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other Current and Non Current Assets

	June 30, 2016			December 31, 2015
Asbestos-related assets		$	74.5		$	74.5
Short-term investments		20.1			64.9
Prepaid income taxes		26.6			14.3
Other		48.9			50.7
Other current assets		$	170.1		$	204.4
Other employee benefit-related assets		$	95.1		$	92.9
Environmental-related assets(a)		34.2			10.8
Capitalized software costs		32.5			28.2
Other		20.1			21.4
Other non-current assets		$	181.9		$	153.3

(a) Environmental-related assets increased $23.4 primarily related to a settlement agreement and establishment of a Qualified Settlement Fund (QSF), which can be drawn upon to pay certain future environmental expenses associated with environmental remediation sites covered under the settlement agreement. See Note 17, Commitments and Contingencies, to the Consolidated Condensed Financial Statements for further information on environmental-related matters.