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OTHER CURRENT AND NON-CURRENT ASSETS (Tables)
3 Months Ended
Mar. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Current and Non Current Assets
 
March 31,
2016
 
December 31,
2015
Asbestos-related assets
 
$
74.5

 
 
 
$
74.5

 
Short-term investments
 
68.5

 
 
 
64.9

 
Prepaid income taxes
 
30.9

 
 
 
14.3

 
Other
 
53.1

 
 
 
50.7

 
Other current assets
 
$
227.0

 
 
 
$
204.4

 
Other employee benefit-related assets
 
$
93.9

 
 
 
$
92.9

 
Environmental-related assets(a)
 
34.2

 
 
 
10.8

 
Capitalized software costs
 
28.5

 
 
 
28.2

 
Other
 
20.7

 
 
 
21.4

 
Other non-current assets
 
$
177.3

 
 
 
$
153.3