SHAREHOLDERS' EQUITY AND STOCK-BASED COMPENSATION (Details 6) (USD $) In Millions, unless otherwise specified	3 Months Ended
Mar. 28, 2015	Mar. 29, 2014
Amounts reclassified from each component of accumulated comprehensive income
Cost of products sold	$ 685.0us-gaap_CostOfGoodsAndServicesSold	$ 775.6us-gaap_CostOfGoodsAndServicesSold
Other income, net	0.8us-gaap_OtherNonoperatingIncomeExpense	490.6us-gaap_OtherNonoperatingIncomeExpense
Selling, general and administrative	233.2	267.5
Income (loss) from continuing operations before income taxes	(0.1)	456.7
Income tax provision	(9.5)us-gaap_IncomeTaxExpenseBenefit	(160.0)us-gaap_IncomeTaxExpenseBenefit
Net income (loss)	(10.0)us-gaap_ProfitLoss	317.8us-gaap_ProfitLoss
Net Unrealized Losses on Qualifying Cash Flow Hedges \| Amount Reclassified from AOCI
Amounts reclassified from each component of accumulated comprehensive income
Income tax provision	0.1
Net income (loss)	(0.6)	(0.1)
Net Unrealized Losses on Qualifying Cash Flow Hedges \| Commodity contracts \| Amount Reclassified from AOCI
Amounts reclassified from each component of accumulated comprehensive income
Cost of products sold	0.7	0.1
Net Unrealized Losses on Available-for-Sale Securities \| Amount Reclassified from AOCI
Amounts reclassified from each component of accumulated comprehensive income
Other income, net		0.3
Pension and Postretirement Liability Adjustment \| Amount Reclassified from AOCI
Amounts reclassified from each component of accumulated comprehensive income
Other income, net		7.4
Selling, general and administrative	(0.2)
Income (loss) from continuing operations before income taxes	(0.2)	7.4
Income tax provision		(2.4)
Net income (loss)	$ (0.2)	$ 5.0

The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.

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This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest.

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Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

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The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items.

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The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

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The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.

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