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COMMITMENTS AND CONTINGENCIES Summary of Net Asbestos Charges (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Asbestos Related Costs (Benefit), Provision to Maintain 10-Year Forecast Period $ 5.5 $ 11.9 $ 29.1 [1] $ 36.3 [1]
Asbestos Remeasurement Charge 135.9 (68.1) 135.9 [2] (68.1) [2]
Asbestos Related Costs (Benefit), Settlement Agreement 0.0 0.0 (48.3) 0.0
Asbestos-related costs (benefit), net $ 141.4 $ (56.2) $ 116.7 $ (31.8)
[1] Includes certain administrative costs such as legal-related costs for insurance asset recoveries. The asbestos provision includes amounts to maintain a rolling 10-year provision prior to the transition in the third quarter of 2020 to a full horizon.
[2] In the third quarter of 2020, we extended our projection to include pending claims and claims expected to be filed through 2052, reflecting the full time period over which we expect asbestos-related claims to be filed against us