COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Jul. 02, 2022

Commitments and Contingencies Disclosure [Abstract]

Asbestos-related Costs Table

The following table summarizes our total pre-tax net asbestos-related (benefit).

	Three Months Ended				Six Months Ended
	July 2, 2022		July 3, 2021		July 2, 2022		July 3, 2021
Asbestos provision(a)	$	—	$	12.0	$	—	$	14.4
Gain on divestiture before income tax	—		(88.8)		—		(88.8)
Asbestos-related benefit, net	$	—	$	(76.8)	$	—	$	(74.4)

(a)Includes certain administrative costs such as legal-related costs for insurance asset recoveries and transaction costs related to the divestiture of the entity holding legacy asbestos-related assets and liabilities.

Rollforward of Environmental Liability and Related Assets Table

The following table provides a rollforward of our estimated environmental liability.

For the Six Months Ended	July 2, 2022		July 3, 2021
Environmental liability - beginning balance	$	54.1	$	58.3
Change in estimates for pre-existing accruals:
Continuing operations	—		0.1
Discontinued operations(a)	5.4		(0.1)
Accruals added during the period for new matters	0.1		1.0
Payments	(2.7)		(6.7)
Foreign currency	(0.3)		(0.1)
Environmental liability - ending balance	$	56.6	$	52.5

(a)    During the six months ended July 2, 2022, we increased the estimated environmental liability for a former site of ITT by $5.4 and recognized an insurance-related asset of $4.3. The resulting net pre-tax expense of $1.1 has been presented as a loss from discontinued operations within the Consolidated Condensed Statements of Operations.