REVENUE Revenue (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 03, 2021	Jun. 27, 2020	Jul. 03, 2021	Jun. 27, 2020
Disaggregation of Revenue [Line Items]
Revenue	$ 691.6	$ 514.7	$ 1,390.0	$ 1,178.0
Eliminations
Disaggregation of Revenue [Line Items]
Revenue	(0.4)	(0.8)	(0.7)	(1.4)
Auto and rail
Disaggregation of Revenue [Line Items]
Revenue	334.2	195.6	698.2	487.9
Auto and rail | Eliminations
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	(0.1)
Chemical and industrial pumps
Disaggregation of Revenue [Line Items]
Revenue	167.7	158.6	327.4	320.1
Chemical and industrial pumps | Eliminations
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	0.0
Aerospace and defense
Disaggregation of Revenue [Line Items]
Revenue	66.5	66.2	128.3	155.2
Aerospace and defense | Eliminations
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	0.0
Oil and gas
Disaggregation of Revenue [Line Items]
Revenue	55.1	42.4	106.2	116.0
Oil and gas | Eliminations
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	0.0
General industrial
Disaggregation of Revenue [Line Items]
Revenue	68.1	51.9	129.9	98.8
General industrial | Eliminations
Disaggregation of Revenue [Line Items]
Revenue	(0.4)	(0.8)	(0.7)	(1.3)
Motion Technologies
Disaggregation of Revenue [Line Items]
Revenue	343.6	199.3	712.7	497.2
Motion Technologies | Auto and rail
Disaggregation of Revenue [Line Items]
Revenue	334.2	195.6	698.2	488.0
Motion Technologies | Chemical and industrial pumps
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	0.0
Motion Technologies | Aerospace and defense
Disaggregation of Revenue [Line Items]
Revenue	2.6	1.6	4.2	4.5
Motion Technologies | Oil and gas
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	0.0
Motion Technologies | General industrial
Disaggregation of Revenue [Line Items]
Revenue	6.8	2.1	10.3	4.7
Industrial Process
Disaggregation of Revenue [Line Items]
Revenue	213.9	193.3	416.2	420.6
Industrial Process | Auto and rail
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	0.0
Industrial Process | Chemical and industrial pumps
Disaggregation of Revenue [Line Items]
Revenue	167.7	158.6	327.4	320.1
Industrial Process | Aerospace and defense
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	0.0
Industrial Process | Oil and gas
Disaggregation of Revenue [Line Items]
Revenue	46.2	34.7	88.8	100.5
Industrial Process | General industrial
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	0.0
Connect & Control Technologies
Disaggregation of Revenue [Line Items]
Revenue	134.5	122.9	261.8	261.6
Connect & Control Technologies | Auto and rail
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	0.0
Connect & Control Technologies | Chemical and industrial pumps
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	0.0
Connect & Control Technologies | Aerospace and defense
Disaggregation of Revenue [Line Items]
Revenue	63.9	64.6	124.1	150.7
Connect & Control Technologies | Oil and gas
Disaggregation of Revenue [Line Items]
Revenue	8.9	7.7	17.4	15.5
Connect & Control Technologies | General industrial
Disaggregation of Revenue [Line Items]
Revenue	$ 61.7	$ 50.6	$ 120.3	$ 95.4