CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Millions	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Noncontrolling Interests
Beginning balance at Jan. 02, 2021	$ 2,615.4	$ 0.4	$ 696.6	$ 2,049.1	$ (163.3)	$ 32.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	235.8			229.6		6.2
Other Comprehensive (Loss) Income	(31.2)				(31.8)	0.6
Dividends declared	(345.8)			(345.8)
Stock Options Exercised	(7.3)		(7.3)
Share-Based Compensation	24.9		24.9
Acquisition of the Rexnord PMC business	3,896.3	0.3	3,896.0
Replacement Equity-Based Awards Granted Upon Acquisition of the Rexnord PMC business	47.1		47.1
Stock Repurchase	(25.8)		(5.5)	(20.3)
Dividends Declared to Noncontrolling Interests	(4.5)					(4.5)
Noncontrolling Interest Acquired	3.3					3.3
Ending balance at Jan. 01, 2022	6,408.2	0.7	4,651.8	1,912.6	(195.1)	38.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	494.9			488.9		6.0
Other Comprehensive (Loss) Income	(160.6)				(157.0)	(3.6)
Dividends declared	(91.7)			(91.7)
Stock Options Exercised	(5.3)		(5.3)
Share-Based Compensation	22.5		22.5
Stock Repurchase	(239.2)		(59.4)	(179.8)
Dividends Declared to Noncontrolling Interests	(6.2)					(6.2)
Ending balance at Dec. 31, 2022	6,422.6	0.7	4,609.6	2,130.0	(352.1)	34.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(54.3)			(57.4)		3.1
Other Comprehensive (Loss) Income	69.2				69.7	(0.5)
Dividends declared	(92.8)			(92.8)
Stock Options Exercised	(9.6)		(9.6)
Share-Based Compensation	41.6		41.6
Replacement Equity-Based Awards Granted Upon Acquisition of the Rexnord PMC business	4.6		4.6
Dividends Declared to Noncontrolling Interests	(16.2)					(16.2)
Ending balance at Dec. 31, 2023	$ 6,365.1	$ 0.7	$ 4,646.2	$ 1,979.8	$ (282.4)	$ 20.8