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SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
 
Revenue
 
Operating 
Income
 
Operating Margin
For the Three Months Ended June 30
2017
 
2016
 
2017
 
2016
 
2017
 
2016
Industrial Process
$
192.3

 
$
214.2

 
$
14.8

 
$
6.3

 
7.7
%
 
2.9
%
Motion Technologies
290.1

 
259.6

 
52.1

 
48.9

 
18.0
%
 
18.8
%
Connect & Control Technologies
149.6

 
153.5

 
13.7

 
16.8

 
9.2
%
 
10.9
%
Total segment results
632.0

 
627.3

 
80.6

 
72.0

 
12.8
%
 
11.5
%
Asbestos-related costs, net

 

 
(14.9
)
 
(15.0
)
 

 

Eliminations / Other corporate costs
(1.1
)
 
(1.1
)
 
(8.0
)
 
(7.5
)
 

 

Total Eliminations / Corporate and Other costs
(1.1
)
 
(1.1
)
 
(22.9
)
 
(22.5
)
 

 

Total
$
630.9

 
$
626.2

 
$
57.7

 
$
49.5

 
9.1
%
 
7.9
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
Operating 
Income
 
Operating Margin
For the Six Months Ended June 30
2017
 
2016
 
2017
 
2016
 
2017
 
2016
Industrial Process
$
378.4

 
$
423.0

 
$
22.1

 
$
15.3

 
5.8
%
 
3.6
%
Motion Technologies
577.4

 
516.6

 
107.0

 
99.6

 
18.5
%
 
19.3
%
Connect & Control Technologies
302.9

 
297.8

 
30.0

 
29.2

 
9.9
%
 
9.8
%
Total segment results
1,258.7

 
1,237.4

 
159.1

 
144.1

 
12.7
%
 
11.7
%
Asbestos-related costs, net

 

 
(29.8
)
 
(27.8
)
 

 

Eliminations / Other corporate costs
(2.0
)
 
(2.1
)
 
(16.0
)
 
(15.8
)
 

 

Total Eliminations / Corporate and Other costs
(2.0
)
 
(2.1
)
 
(45.8
)
 
(43.6
)
 

 

Total
$
1,256.7

 
$
1,235.3

 
$
113.3

 
$
100.5

 
9.0
%
 
8.1
%
 
Total Assets
 
Capital
Expenditures
 
Depreciation &
Amortization
For the Six Months Ended June 30
2017
 
2016(a)
 
2017
 
2016
 
2017
 
2016
Industrial Process
$
994.8

 
$
998.1

 
$
12.4

 
$
11.2

 
$
13.5

 
$
14.3

Motion Technologies
1,073.7

 
838.4

 
34.3

 
29.3

 
22.0

 
21.2

Connect & Control Technologies
698.7

 
678.4

 
6.5

 
5.4

 
11.7

 
12.4

Corporate and Other
963.4

 
1,086.8

 
0.1

 
0.2

 
3.2

 
3.2

Total
$
3,730.6

 
$
3,601.7

 
$
53.3

 
$
46.1

 
$
50.4

 
$
51.1