HELD FOR SALE, DIVESTITURES AND ACQUISITIONS (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions				6 Months Ended
	Nov. 23, 2021	Oct. 04, 2021	Oct. 01, 2021	Jun. 30, 2022	Jul. 03, 2021	Jan. 01, 2022
Business Acquisition [Line Items]
Assets Held for Sale				$ 10.6		$ 12.5
Common stock, par value (in dollars per share)				$ 0.01		$ 0.01
Common stock, shares outstanding (in shares)				66,500,000		67,600,000
Additional goodwill				$ 26.4
Net of cash acquired				35.0	$ 3.8
Goodwill				4,026.0		$ 4,039.2
Merger Agreement
Business Acquisition [Line Items]
Common stock, par value (in dollars per share)		$ 0.01
Right to receive (in shares)		0.22296103
Shares issued (in shares)		27,055,945
Equity method investment percentage		39.90%
Common stock, shares outstanding (in shares)		67,756,732
Consideration transferred		$ 4,000.0
Cash payment				35.0
Additional goodwill				26.1
Goodwill				2,459.3
Merger Agreement | Effect of Change
Business Acquisition [Line Items]
Goodwill						$ 26.1
Arrowhead Systems, LLC
Business Acquisition [Line Items]
Net of cash acquired	$ 315.6
Cash acquired	$ 1.1
Goodwill				143.9
Arrowhead Systems, LLC | Effect of Change
Business Acquisition [Line Items]
Goodwill				$ 0.3
Rexnord | Merger Agreement
Business Acquisition [Line Items]
Common stock, par value (in dollars per share)		$ 0.01
Common stock, dividends, per share, cash paid (in dollars per share)			$ 6.99