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ACQUISITIONS AND DIVESTITURES (Purchase Price) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 27, 2023
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
May 02, 2024
Dec. 31, 2023
Jan. 24, 2023
Business Acquisition [Line Items]                
Stock based compensation   $ 9.5 $ 14.5 $ 18.6 $ 36.2      
Common stock, shares outstanding (in shares)   66.5   66.5     66.3  
Long-term debt   $ 5,769.2   $ 5,769.2     $ 6,380.9  
Senior Notes                
Business Acquisition [Line Items]                
Long-term debt           $ 2.9    
Senior Notes Due 2026 | Senior Notes                
Business Acquisition [Line Items]                
Debt instrument interest rate (in percent)           6.05%   6.05%
Altra Merger Agreement                
Business Acquisition [Line Items]                
Cash paid for outstanding Altra Common Stock $ 4,051.0   $ 17.3          
Stock based compensation 23.1              
Payment of Altra debt 1,061.0              
Pre-existing relationships (0.5)              
Purchase price $ 5,134.6              
Share price (in dollars per share) $ 62.00              
Altra Merger Agreement | Senior Notes Due 2026 | Senior Notes                
Business Acquisition [Line Items]                
Percentage of debt outstanding 95.28%              
Debt instrument interest rate (in percent) 6.125%              
Long-term debt $ 18.1              
Altra Merger Agreement | Altra Industrial Motion Corp                
Business Acquisition [Line Items]                
Common stock, shares outstanding (in shares) 65.3