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SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
 
Revenue
 
Operating 
Income
 
Operating Margin
For the Three Months Ended September 30
2017
 
2016
 
2017
 
2016
 
2017
 
2016
Industrial Process
$
196.2

 
$
195.0

 
$
9.9

 
$
4.3

 
5.0
%
 
2.2
%
Motion Technologies
300.1

 
238.7

 
49.1

 
45.2

 
16.4
%
 
18.9
%
Connect & Control Technologies
149.4

 
149.0

 
17.5

 
17.4

 
11.7
%
 
11.7
%
Total segment results
645.7

 
582.7

 
76.5

 
66.9

 
11.9
%
 
11.5
%
Asbestos-related benefit, net

 

 
62.8

 
68.1

 

 

Eliminations / Other corporate costs
(0.7
)
 
(1.0
)
 
(11.5
)
 
(0.2
)
 

 

Total Eliminations / Corporate and Other costs
(0.7
)
 
(1.0
)
 
51.3

 
67.9

 

 

Total
$
645.0

 
$
581.7

 
$
127.8

 
$
134.8

 
19.8
%
 
23.2
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
Operating 
Income
 
Operating Margin
For the Nine Months Ended September 30
2017
 
2016
 
2017
 
2016
 
2017
 
2016
Industrial Process
$
574.6

 
$
618.0

 
$
32.0

 
$
19.6

 
5.6
%
 
3.2
%
Motion Technologies
877.5

 
755.3

 
156.1

 
144.8

 
17.8
%
 
19.2
%
Connect & Control Technologies
452.3

 
446.8

 
47.5

 
46.6

 
10.5
%
 
10.4
%
Total segment results
1,904.4

 
1,820.1

 
235.6

 
211.0

 
12.4
%
 
11.6
%
Asbestos-related benefit, net

 

 
33.0

 
40.3

 

 

Eliminations / Other corporate costs
(2.7
)
 
(3.1
)
 
(27.5
)
 
(16.0
)
 

 

Total Eliminations / Corporate and Other costs
(2.7
)
 
(3.1
)
 
5.5

 
24.3

 

 

Total
$
1,901.7

 
$
1,817.0

 
$
241.1

 
$
235.3

 
12.7
%
 
12.9
%
 
Total Assets
 
Capital
Expenditures
 
Depreciation &
Amortization
For the Nine Months Ended September 30
2017
 
2016(a)
 
2017
 
2016
 
2017
 
2016
Industrial Process
$
1,020.8

 
$
998.1

 
$
15.8

 
$
14.9

 
$
20.7

 
$
21.0

Motion Technologies
1,111.8

 
838.4

 
55.1

 
45.5

 
35.1

 
32.7

Connect & Control Technologies
699.1

 
678.4

 
7.9

 
7.3

 
17.3

 
18.2

Corporate and Other
968.4

 
1,086.8

 
0.4

 
0.4

 
4.5

 
4.6

Total
$
3,800.1

 
$
3,601.7

 
$
79.2

 
$
68.1

 
$
77.6

 
$
76.5