ACQUISITIONS AND DIVESTITURES - Schedule of Purchase Price (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended			9 Months Ended
	Mar. 27, 2023	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	May 31, 2024	Dec. 31, 2023	Jan. 24, 2023
Business Acquisition [Line Items]
Stock based compensation		$ 8.3	$ 12.9		$ 26.9	$ 49.1
Common stock, shares outstanding (in shares)		66.2			66.2			66.3
Long-term debt		$ 5,659.3			$ 5,659.3			$ 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