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INCOME TAXES (Components of Deferred Income Tax Assets and Liabilities) (Details) - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Deferred income tax assets:    
Net operating and capital loss carryforwards $ 213.2 $ 236.1
Goodwill and intangible assets 113.8 0.0
Employee compensation programs 76.6 70.9
Foreign tax credits 56.9 50.7
Employee pension benefits 45.6 32.4
Reserves and accrued expenses 18.5 13.9
Research and development costs 13.7 1.5
Other 21.0 11.2
Gross deferred income tax assets 559.3 416.7
Valuation allowance (307.3) (222.9)
Total deferred income tax assets, net 252.0 193.8
Deferred income tax liabilities:    
Goodwill and intangible assets (507.0) (334.4)
Undistributed earnings of foreign subsidiaries (30.1) (32.6)
Depreciation (22.1) (15.1)
Other (13.5) (10.9)
Total deferred income tax liability (572.7) (393.0)
Net deferred income tax liability $ (320.7) $ (199.2)