GOODWILL AND OTHER INTANGIBLE ASSETS - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 01, 2016
Jul. 02, 2016
Oct. 01, 2016
Dec. 31, 2015
Sep. 27, 2015
Goodwill [Line Items]          
Goodwill $ 759.9   $ 759.9 $ 1,023.4  
Net carrying value of intangible assets with determinable lives 173.5   173.5 338.8  
Impairment charge     252.8    
Trademarks with indefinite lives          
Goodwill [Line Items]          
Trademarks with indefinite lives 205.8   205.8 240.6  
Customer relationships          
Goodwill [Line Items]          
Net carrying value of intangible assets with determinable lives 116.0   116.0 249.9  
Impairment of finite-lived intangible assets   $ 115.9      
Technology          
Goodwill [Line Items]          
Net carrying value of intangible assets with determinable lives 53.3   53.3 $ 84.1  
Impairment of finite-lived intangible assets   30.9      
Power and Energy          
Goodwill [Line Items]          
Percentage by which the fair value exceeded the carrying value       3.00% 10.00%
Goodwill 266.1   266.1 $ 538.9  
Accumulated impairment included in carrying amount of goodwill 250.4 252.8 250.4 0.0  
Net carrying value of intangible assets with determinable lives 79.0   79.0    
Impairment charge   $ 26.8 252.8    
Power and Energy | Trademarks with indefinite lives          
Goodwill [Line Items]          
Trademarks with indefinite lives 45.7   45.7    
Food and Beverage          
Goodwill [Line Items]          
Goodwill 270.4   270.4 269.9  
Net carrying value of intangible assets with determinable lives 66.0   66.0    
Transfer of technology assets 5.2        
Impairment charge     0.0    
Food and Beverage | Trademarks with indefinite lives          
Goodwill [Line Items]          
Trademarks with indefinite lives 99.5   99.5    
Industrial          
Goodwill [Line Items]          
Goodwill 223.4   223.4 214.6  
Accumulated impairment included in carrying amount of goodwill 67.7   67.7 $ 67.7  
Net carrying value of intangible assets with determinable lives 28.5   28.5    
Transfer of technology assets (5.2)        
Impairment charge     0.0    
Industrial | Trademarks with indefinite lives          
Goodwill [Line Items]          
Trademarks with indefinite lives $ 60.6   $ 60.6