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INFORMATION ON REPORTABLE SEGMENTS AND OTHER OPERATING SEGMENTS (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 29, 2013
Jun. 30, 2012
Jun. 29, 2013
Jun. 30, 2012
Dec. 31, 2012
Business segment          
Number of reportable segments 2        
Revenues:          
Revenues $ 1,216.6 $ 1,241.9 $ 2,349.2 $ 2,392.9  
Income:          
Total income for reportable and other operating segments 124.0 115.0 207.7 198.8  
Corporate and other expenses          
Corporate expense (25.1) (22.0) (56.0) (54.4)  
Pension and postretirement expense (6.2) (9.1) (12.4) (18.2)  
Stock-based compensation expense (5.3) (6.5) (25.6) (28.3)  
Impairment of intangible assets     (2.0)    
Special charges, net (18.3) (8.4) (18.7) (10.8)  
Operating income 69.1 69.0 93.0 87.1  
Detail of revenues          
Revenues recognized under percentage of completion method 353.0 359.4 695.7 734.7  
Costs and estimated earnings in excess of billings 318.1   318.1   359.7
Billings in excess of costs and estimated earnings on uncompleted contracts 192.5   192.5   248.6
Billings in excess of costs and estimated earnings on uncompleted contracts reported as a component of accrued expenses         248.4
Billings in excess of costs and estimated earnings on uncompleted contracts reported as a component of other long-term liabilities         0.2
Flow Technology reportable segment
         
Revenues:          
Revenues 653.4 677.3 1,266.4 1,305.4  
Income:          
Total income for reportable and other operating segments 67.0 69.8 122.0 116.2  
Corporate and other expenses          
Special charges, net (5.6) (5.9) (5.0) (7.2)  
Thermal Equipment and Services reportable segment
         
Revenues:          
Revenues 350.3 348.6 655.4 668.7  
Income:          
Total income for reportable and other operating segments 26.2 16.1 27.9 26.7  
Corporate and other expenses          
Special charges, net (11.1) (2.2) (11.6) (2.4)  
Industrial Products and Services and Other
         
Revenues:          
Revenues 212.9 216.0 427.4 418.8  
Income:          
Total income for reportable and other operating segments 30.8 29.1 57.8 55.9  
Corporate and other expenses          
Special charges, net $ (1.6) $ 0.1 $ (1.6)    
Minimum
         
Business segment          
Number of countries in which entity operates 35   35    
Number of countries in which entity sells its products and services 150   150