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OTHER FINANCIAL INFORMATION (Disaggregation of Revenue) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Jul. 03, 2021
Jun. 27, 2020
Disaggregation of Revenue [Line Items]        
Net Sales $ 886.9 $ 634.1 $ 1,701.0 $ 1,368.3
Commercial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 269.3 175.9 506.3 375.3
Industrial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 145.2 120.6 281.6 250.2
Climate Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 257.3 178.2 496.4 388.3
Power Transmission Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 215.1 159.4 416.7 354.5
North America        
Disaggregation of Revenue [Line Items]        
Net Sales 649.9 463.7 1,248.6 1,025.5
North America | Commercial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 176.1 112.5 330.2 255.9
North America | Industrial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 73.9 69.2 145.0 142.1
North America | Climate Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 226.7 158.8 436.4 343.4
North America | Power Transmission Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 173.2 123.2 337.0 284.1
Asia        
Disaggregation of Revenue [Line Items]        
Net Sales 115.5 74.0 220.9 147.7
Asia | Commercial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 53.5 28.9 99.5 52.3
Asia | Industrial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 46.9 36.6 90.1 73.4
Asia | Climate Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 7.7 1.0 17.0 9.6
Asia | Power Transmission Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 7.4 7.5 14.3 12.4
Europe        
Disaggregation of Revenue [Line Items]        
Net Sales 74.3 69.9 143.6 143.1
Europe | Commercial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 26.7 25.5 51.4 54.0
Europe | Industrial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 12.1 14.7 23.7 27.9
Europe | Climate Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 10.4 7.5 19.9 15.1
Europe | Power Transmission Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 25.1 22.2 48.6 46.1
Rest-of-World        
Disaggregation of Revenue [Line Items]        
Net Sales 47.2 26.5 87.9 52.0
Rest-of-World | Commercial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 13.0 9.0 25.2 13.1
Rest-of-World | Industrial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 12.3 0.1 22.8 6.8
Rest-of-World | Climate Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 12.5 10.9 23.1 20.2
Rest-of-World | Power Transmission Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales $ 9.4 $ 6.5 $ 16.8 $ 11.9