GOODWILL AND OTHER INTANGIBLE ASSETS (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 30, 2013
Changes in the carrying amount of goodwill
Gross goodwill, beginning of the period	$ 2,131.3
Accumulated impairment, balance at the beginning of the period	(557.3)
Goodwill, balance at the beginning of the period	1,574.0
Gross goodwill related to foreign currency translation and other	(34.4)
Accumulated impairments related to foreign currency translation and other	4.8
Goodwill related to foreign currency translation and other	(29.6)
Gross goodwill, end of the period	2,096.9
Accumulated impairment, balance at the end of the period	(552.5)
Goodwill, balance at the end of the period	1,544.4
Flow Technology reportable segment
Changes in the carrying amount of goodwill
Gross goodwill, beginning of the period	1,114.6
Goodwill, balance at the beginning of the period	1,114.6
Gross goodwill related to foreign currency translation and other	(24.2)
Goodwill related to foreign currency translation and other	(24.2)
Gross goodwill, end of the period	1,090.4
Goodwill, balance at the end of the period	1,090.4
Thermal Equipment and Services reportable segment
Changes in the carrying amount of goodwill
Gross goodwill, beginning of the period	563.7
Accumulated impairment, balance at the beginning of the period	(395.7)
Goodwill, balance at the beginning of the period	168.0
Gross goodwill related to foreign currency translation and other	(6.4)
Accumulated impairments related to foreign currency translation and other	1.9
Goodwill related to foreign currency translation and other	(4.5)
Gross goodwill, end of the period	557.3
Accumulated impairment, balance at the end of the period	(393.8)
Goodwill, balance at the end of the period	163.5
Industrial Products and Services and Other
Changes in the carrying amount of goodwill
Gross goodwill, beginning of the period	453.0
Accumulated impairment, balance at the beginning of the period	(161.6)
Goodwill, balance at the beginning of the period	291.4
Gross goodwill related to foreign currency translation and other	(3.8)
Accumulated impairments related to foreign currency translation and other	2.9
Goodwill related to foreign currency translation and other	(0.9)
Gross goodwill, end of the period	449.2
Accumulated impairment, balance at the end of the period	(158.7)
Goodwill, balance at the end of the period	$ 290.5