COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Oct. 01, 2022

Commitments and Contingencies Disclosure [Abstract]

Asbestos-related Costs Table

The following table summarizes our total pre-tax net asbestos-related (benefit).

	Three Months Ended				Nine Months Ended
	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Asbestos provision(a)	$	—	$	—	$	—	$	14.4
Gain on divestiture before income tax	—		—		—		(88.8)
Asbestos-related benefit, net	$	—	$	—	$	—	$	(74.4)

(a)Includes certain administrative costs such as legal-related costs for insurance asset recoveries and transaction costs related to the divestiture of the entity holding legacy asbestos-related assets and liabilities.

Rollforward of Environmental Liability and Related Assets Table

The following table provides a rollforward of our estimated environmental liability.

For the Nine Months Ended	October 1, 2022		October 2, 2021
Environmental liability - beginning balance	$	54.1	$	58.3
Change in estimates for pre-existing accruals:
Continuing operations	—		—
Discontinued operations(a)	5.4		(0.1)
Accruals added during the period for new matters	0.2		1.0
Payments	(3.4)		(7.2)
Foreign currency	(0.5)		(0.2)
Environmental liability - ending balance	$	55.8	$	51.8

(a)    During the nine months ended October 1, 2022, we increased the estimated environmental liability for a former site of ITT by $5.4 and recognized an insurance-related asset of $4.3. The resulting net pre-tax expense of $1.1 has been presented as a loss from discontinued operations within the Consolidated Condensed Statements of Operations.