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Accounting Policies (Tables)
 12 Months Ended
Jan. 02, 2016
Accounting Policies [Abstract]  
Percentage Distribution Between Major Classes of Inventory
The approximate percentage distribution between major classes of inventory at year end is as follows:
 
January 2,
2016
 
January 3,
2015
Raw Material and Work In Process
45
%
 
45
%
Finished Goods and Purchased Parts
55
%
 
55
%
Property, Plant and Equipment
Property, plant and equipment by major classification was as follows (in millions):
 
Useful Life (In Years)
 
January 2, 2016
 
January 3,
2015
 
 
Land and Improvements
 
 
$
80.7

 
$
68.8

Buildings and Improvements
3-50
 
276.9

 
235.4

Machinery and Equipment
3-15
 
926.7

 
812.1

  Property, Plant and Equipment
 
 
1,284.3

 
1,116.3

Less: Accumulated Depreciation
 
 
(605.8
)
 
(584.8
)
  Net Property, Plant and Equipment
 
 
$
678.5

 
$
531.5
Schedule of Impairment
The details were as follows (in millions):
 
Commercial & Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
 
Total
Impairments during 2014:
 
 
 
 
 
 
 
Impairment of Intangible Assets
$
—

 
$
7.8

 
$
11.1

 
$
18.9

Impairment of Property, Plant and Equipment
—

 
6.0

 
15.1

 
21.1

Asset Impairments and Other, Net
$
—

 
$
13.8

 
$
26.2

 
$
40.0

 
 
 
 
 
 
 
 
Impairments during 2013:
 
 
 
 
 
 
 
Impairment of Technology Intangible Assets
$
16.2

 
$
—

 
$
—

 
$
16.2

Impairment of Customer Relationships Intangible Assets
0.8

 
—

 
—

 
0.8

Less: Gain from Adjustment to the Fair Value of a Contingent Consideration Liability
12.3

 
—

 
—

 
12.3

Asset Impairments and Other, Net
$
4.7

 
$
—

 
$
—

 
$
4.7
Earnings Per Share Reconciliation
The following table reconciles the basic and diluted shares used in EPS calculations for the years ended (in millions):
 
2015
 
2014
 
2013
Denominator for Basic EPS
44.7

 
45.0

 
45.0

Effect of Dilutive Securities
0.4

 
0.3

 
0.4

Denominator for Diluted EPS
45.1

 
45.3

 
45.4
Accumulated Other Comprehensive Loss
The components of the ending balances of Accumulated Other Comprehensive Loss ("AOCI") are as follows (in millions):
 
2015
 
2014
Foreign Currency Translation Adjustments
$
(172.1
)
 
$
(80.5
)
Hedging Activities, net of tax of $(29.1) in 2015 and $(19.0) in 2014
(47.5
)
 
(31.0
)
Pension and Post Retirement Benefits, net of tax of $(19.8) in 2015 and $(23.4) in 2014
(35.4
)
 
(39.5
)
Total
$
(255.0
)
 
$
(151.0
)