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SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]
 
Revenue
 
Operating Income(a)
 
Operating Margin
For the Three Months Ended September 30
2018
 
2017
 
2018
 
2017
 
2018
 
2017
Industrial Process
$
205.0

 
$
196.2

 
$
23.7

 
$
14.3

 
11.6
%
 
7.3
%
Motion Technologies
310.3

 
300.1

 
58.5

 
49.2

 
18.9
%
 
16.4
%
Connect & Control Technologies
166.0

 
149.4

 
26.0

 
18.0

 
15.7
%
 
12.0
%
Total segment results
681.3

 
645.7

 
108.2

 
81.5

 
15.9
%
 
12.6
%
Asbestos-related benefit, net

 

 
4.3

 
62.8

 

 

Gain on sale of long-lived assets

 

 
38.0

 

 

 

Eliminations / Other corporate costs
(0.7
)
 
(0.7
)
 
(12.7
)
 
(11.2
)
 

 

Total Eliminations / Corporate and Other costs
(0.7
)
 
(0.7
)
 
29.6

 
51.6

 

 

Total
$
680.6

 
$
645.0

 
$
137.8

 
$
133.1

 
20.2
%
 
20.6
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
Operating Income(a)
 
Operating Margin
For the Nine Months Ended September 30
2018
 
2017
 
2018
 
2017
 
2018
 
2017
Industrial Process
$
598.0

 
$
574.6

 
$
64.0

 
$
37.7

 
10.7
%
 
6.6
%
Motion Technologies
982.8

 
877.5

 
175.9

 
156.3

 
17.9
%
 
17.8
%
Connect & Control Technologies
488.0

 
452.3

 
76.3

 
48.9

 
15.6
%
 
10.8
%
Total segment results
2,068.8

 
1,904.4

 
316.2

 
242.9

 
15.3
%
 
12.8
%
Asbestos-related benefit, net

 

 
10.5

 
33.0

 

 

Gain on sale of long-lived assets

 

 
38.0

 

 

 

Eliminations / Other corporate costs
(2.1
)
 
(2.7
)
 
(36.0
)
 
(26.7
)
 

 

Total Eliminations / Corporate and Other costs
(2.1
)
 
(2.7
)
 
12.5

 
6.3

 

 

Total
$
2,066.7

 
$
1,901.7

 
$
328.7

 
$
249.2

 
15.9
%
 
13.1
%
Schedule of Segment Reporting Information, by Segment [Table Text Block]
 
Total Assets
 
Capital
Expenditures
 
Depreciation &
Amortization
For the Nine Months Ended September 30
2018
 
2017(b)
 
2018
 
2017
 
2018
 
2017
Industrial Process
$
997.7

 
$
1,025.7

 
$
3.5

 
$
15.8

 
$
20.5

 
$
20.7

Motion Technologies
1,150.9

 
1,140.4

 
54.1

 
55.1

 
42.8

 
35.1

Connect & Control Technologies
707.1

 
694.8

 
6.0

 
7.9

 
16.2

 
17.3

Corporate and Other
989.0

 
839.3

 
0.2

 
0.4

 
3.0

 
4.5

Total
$
3,844.7

 
$
3,700.2

 
$
63.8

 
$
79.2

 
$
82.5

 
$
77.6