REVENUE Revenue (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Disaggregation of Revenue [Line Items]
Revenue	$ 833.9	$ 733.3	$ 1,631.8	$ 1,459.5
Eliminations
Disaggregation of Revenue [Line Items]
Revenue	(0.7)	(0.8)	(1.7)	(1.5)
Auto and rail
Disaggregation of Revenue [Line Items]
Revenue	360.0	320.3	716.0	680.7
Auto and rail | Eliminations
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	0.0
Chemical and industrial pumps
Disaggregation of Revenue [Line Items]
Revenue	226.5	196.6	444.5	363.8
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	70.3	82.2	146.7	159.4
Aerospace and defense | Eliminations
Disaggregation of Revenue [Line Items]
Revenue	(0.7)	(0.8)	(1.7)	(1.5)
General industrial
Disaggregation of Revenue [Line Items]
Revenue	96.1	80.8	184.9	157.2
General industrial | Eliminations
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	0.0
Energy
Disaggregation of Revenue [Line Items]
Revenue	81.0	53.4	139.7	98.4
Energy | Eliminations
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	0.0
Motion Technologies
Disaggregation of Revenue [Line Items]
Revenue	368.8	331.3	733.6	701.4
Motion Technologies | Auto and rail
Disaggregation of Revenue [Line Items]
Revenue	360.0	320.3	716.0	680.7
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	6.8	8.5	13.7	16.7
Motion Technologies | General industrial
Disaggregation of Revenue [Line Items]
Revenue	2.0	2.5	3.9	4.0
Motion Technologies | Energy
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	0.0
Industrial Process
Disaggregation of Revenue [Line Items]
Revenue	293.6	239.6	560.1	441.8
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	226.5	196.6	444.5	363.8
Industrial Process | Aerospace and defense
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	0.0
Industrial Process | General industrial
Disaggregation of Revenue [Line Items]
Revenue	0.0	0.0	0.0	0.0
Industrial Process | Energy
Disaggregation of Revenue [Line Items]
Revenue	67.1	43.0	115.6	78.0
Connect & Control Technologies
Disaggregation of Revenue [Line Items]
Revenue	172.2	163.2	339.8	317.8
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	64.2	74.5	134.7	144.2
Connect & Control Technologies | General industrial
Disaggregation of Revenue [Line Items]
Revenue	94.1	78.3	181.0	153.2
Connect & Control Technologies | Energy
Disaggregation of Revenue [Line Items]
Revenue	$ 13.9	$ 10.4	$ 24.1	$ 20.4