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RESTRUCTURING ACTIONS RESTRUCTURING ACTIONS (Tables)
 3 Months Ended
Mar. 31, 2015
Restructuring Cost and Reserve [Line Items]  
Restructuring and Related Costs [Table Text Block]
The table below summarizes the restructuring costs presented within general and administrative expenses in our Consolidated Condensed Income Statements for the three months ended March 31, 2015 and 2014.
 
Three Months
For the Three Months Ended March 31
2015
 
2014
Severance costs
$
8.4

 
$
15.3

Other restructuring costs
0.9

 
—

Total restructuring costs
$
9.3

 
$
15.3

By segment:
 
 
 
Industrial Process
$
8.9

 
$
0.9

Interconnect Solutions
(0.2
)
 
14.4

Control Technologies
0.5

 
—

Corporate and Other
0.1

 
—
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
The following table displays a rollforward of the restructuring accruals, presented on our Consolidated Condensed Balance Sheet within accrued liabilities, for the three months ended March 31, 2015 and 2014.
For the Three Months Ended March 31
2015
 
2014
Restructuring accruals - beginning balance
$
21.9

 
$
14.7

Restructuring costs
9.3

 
15.3

Cash payments
(6.6
)
 
(5.8
)
Foreign exchange translation and other
(0.4
)
 
(0.1
)
Restructuring accrual - ending balance
$
24.2

 
$
24.1

By accrual type:
 
 
 
Severance accrual
$
22.4

 
$
22.7

Facility carrying and other costs accrual
1.8

 
1.4
2015 Industrial Process Restructuring Action [Member]  
Restructuring Cost and Reserve [Line Items]  
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
2015 Industrial Process Restructuring Actions
In March 2015, we announced a series of restructuring actions in the Company's Industrial Process business related to a strategic reorganization of the business and to achieve efficiencies and reduce the overall cost structure. The company expects to incur pre-tax cash costs, principally involuntary severance costs of approximately $13 to $14 and other non-cash pre-tax costs of approximately $4 to $5 in aggregate related to this action. The costs incurred during the three months ended March 31, 2015 primarily relate to employee severance for approximately 200 planned headcount reductions. We expect to incur the remaining restructuring costs of approximately $8 to $10 over the next 6 months related to this action. The following table provides a rollforward of the restructuring accrual associated with the 2015 Industrial Process restructuring actions.
For the Three Months Ended March 31
2015
Restructuring accruals - beginning balance
$
—

Restructuring costs
8.9

Cash payments
(1.0
)
Restructuring accruals - ending balance
$
7.9