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CONTINGENT LIABILITIES AND OTHER MATTERS (Details)
In Millions, unless otherwise specified
9 Months Ended
Sep. 28, 2013
USD ($)
Sep. 28, 2013
GBP (£)
Dec. 31, 2012
USD ($)
Dec. 22, 2011
Clyde Union
Minimum
GBP (£)
Dec. 22, 2011
Clyde Union
Maximum
GBP (£)
Sep. 28, 2013
Flow Technology Reportable Segment
Clyde Union
GBP (£)
item
Dec. 22, 2011
Flow Technology Reportable Segment
Clyde Union
GBP (£)
Sep. 28, 2013
Risk management matters
USD ($)
Dec. 31, 2012
Risk management matters
USD ($)
Contingencies and other matters                  
Carrying values of accruals $ 548.8   $ 548.6         $ 502.5 $ 501.3
Accruals included in other long-term liabilities 499.8   497.0            
Insurance recovery assets               432.8 430.6
Initial payment             500.0    
Debt assumed and other adjustments             11.0    
Potential earn-out payment equal to number of times of Group EBITDA           10      
Deduction from Group EBITDA x 10           475.0      
Earn-out payment   £ 0   £ 0 £ 250.0