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COMMITMENTS AND CONTINGENCIES Roll Forward of Asbestos Liability and Related Assets (Detail) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Jul. 03, 2021
Jun. 27, 2020
Dec. 31, 2020
Net Asbestos Liability Rollforward [Line Items]          
Beginning balance     $ (487.3) $ (430.8)  
Asbestos provision(a) [1]     14.4 23.6  
Insurance settlement agreements(b) $ 0.0 $ 4.2 0.0 (48.3) [2]  
Net cash activity(a) [1]     (4.5) (7.6)  
Divestiture of Asbestos-Related Assets and Liabilities, Net     (486.8)    
Divestiture of Asbestos-Related Assets     (401.4)    
Ending balance (10.4) (398.5) (10.4) (398.5)  
Asbestos-related liabilities Current 10.4 [3],[4] 85.9 10.4 [3],[4] 85.9 $ 91.4
Asbestos-related liabilities Non-Current 0.0 717.9 0.0 717.9 840.6
Asbestos-related assets Current 0.0 85.9 0.0 85.9 91.0
Asbestos-related assets Non-Current 0.0 319.4 0.0 319.4 $ 353.7
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent     (888.2)    
Liability [Member]          
Net Asbestos Liability Rollforward [Line Items]          
Beginning balance     (932.0) (817.6)  
Asbestos provision(a)     13.4 28.9  
Insurance settlement agreements(b)     0.0 0.0  
Net cash activity(a)     (46.8) (42.7)  
Ending balance (10.4) (803.8) (10.4) (803.8)  
Assets [Member]          
Net Asbestos Liability Rollforward [Line Items]          
Beginning balance     444.7 386.8  
Asbestos provision(a)     1.0 (5.3)  
Insurance settlement agreements(b)     0.0 (48.3)  
Net cash activity(a)     42.3 35.1  
Ending balance $ 0.0 $ 405.3 $ 0.0 $ 405.3  
[1] Includes certain administrative costs such as legal-related costs for insurance asset recoveries and transaction costs related to the divestiture of the entity holding asbestos-related assets and liabilities. The asbestos provision for the three and six months ended June 27, 2020 includes amounts to maintain a rolling 10-year provision prior to the transition to a full horizon estimate.
[2] In March 2020, we finalized a settlement agreement with a group of insurers to settle responsibility for claims under certain insurance policies for a lump sum payment of $66.4, resulting in a benefit of $52.5. During June 2020, we entered into a settlement agreement with an insurer accelerating payments previously included in a buyout agreement, resulting in a loss of $4.2.
[3] As of July 3, 2021, the current liability represents transaction costs related to the divestiture of the entity holding asbestos-related assets and liabilities. See Note 19, Commitments and Contingencies, for further information.
[4] As of July 3, 2021, the current liability represents transaction costs related to the divestiture of the entity holding asbestos-related assets and liabilities.