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SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]
 
Revenue
 
Operating Income
 
Operating Margin
For the Three Months Ended September 30
2019
 
2018
 
2019
 
2018
 
2019
 
2018
Motion Technologies
$
304.5

 
$
310.3

 
$
56.7

 
$
58.5

 
18.6
%
 
18.9
%
Industrial Process
240.3

 
205.0

 
22.0

 
23.7

 
9.2
%
 
11.6
%
Connect & Control Technologies
167.9

 
166.0

 
28.4

 
26.0

 
16.9
%
 
15.7
%
Total segment results
712.7

 
681.3

 
107.1

 
108.2

 
15.0
%
 
15.9
%
Asbestos-related benefit, net

 

 
56.2

 
4.3

 

 

Gain on sale of long-lived assets

 

 

 
38.0

 

 

Eliminations / Other corporate costs
(0.8
)
 
(0.7
)
 
(10.8
)
 
(12.7
)
 

 

Total Eliminations / Corporate and Other costs
(0.8
)
 
(0.7
)
 
45.4

 
29.6

 

 

Total
$
711.9

 
$
680.6

 
$
152.5

 
$
137.8

 
21.4
%
 
20.2
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
Operating Income
 
Operating Margin
For the Nine Months Ended September 30
2019
 
2018
 
2019
 
2018
 
2019
 
2018
Motion Technologies
$
937.4

 
$
982.8

 
$
169.6

 
$
175.9

 
18.1
%
 
17.9
%
Industrial Process
688.6

 
598.0

 
70.2

 
64.0

 
10.2
%
 
10.7
%
Connect & Control Technologies
503.1

 
488.0

 
85.4

 
76.3

 
17.0
%
 
15.6
%
Total segment results
2,129.1

 
2,068.8

 
325.2

 
316.2

 
15.3
%
 
15.3
%
Asbestos-related benefit, net

 

 
31.8

 
10.5

 

 

Gain on sale of long-lived assets

 

 
0.5

 
38.0

 

 

Eliminations / Corporate and other costs
(1.8
)
 
(2.1
)
 
(28.4
)
 
(36.0
)
 

 

Total Eliminations / Corporate and Other costs
(1.8
)
 
(2.1
)
 
3.9

 
12.5

 

 

Total
$
2,127.3

 
$
2,066.7

 
$
329.1

 
$
328.7

 
15.5
%
 
15.9
%


Schedule of Segment Reporting Information, by Segment [Table Text Block]
 
Total Assets
 
Capital
Expenditures
 
Depreciation &
Amortization
As of and for the Nine Months Ended September 30
2019
 
2018(a)
 
2019
 
2018
 
2019
 
2018
Motion Technologies
$
1,188.2

 
$
1,147.2

 
$
44.8

 
$
54.1

 
$
42.9

 
$
42.8

Industrial Process
1,115.2

 
1,000.1

 
8.5

 
3.5

 
19.8

 
20.5

Connect & Control Technologies
756.0

 
694.0

 
13.4

 
6.0

 
15.9

 
16.2

Corporate and Other
1,004.8

 
1,005.5

 
2.6

 
0.2

 
2.5

 
3.0

Total
$
4,064.2

 
$
3,846.8

 
$
69.3

 
$
63.8

 
$
81.1

 
$
82.5