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OPERATING SEGMENTS (Details)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2016
USD ($)
Sep. 30, 2015
USD ($)
Sep. 30, 2016
USD ($)
segment
Sep. 30, 2015
USD ($)
Dec. 31, 2015
USD ($)
Financial information of reportable segments          
Number of operating segments aggregated for classification as reportable segments | segment     8    
Number of operating units | segment     10    
Number of reportable segments | segment     3    
Net sales $ 3,386.1 $ 3,446.4 $ 9,800.7 $ 10,133.1 $ 13,545.1
Operating Income (Loss) 574.1 413.0 1,358.1 1,238.5 $ 1,561.3
SIMADI | VENEZUELA          
Financial information of reportable segments          
Exchange rate         200
Previously Reported          
Financial information of reportable segments          
Net sales         $ 13,545.1
Operating Income (Loss)         $ 1,561.3
Previously Reported | VENEZUELA          
Financial information of reportable segments          
Exchange rate         6.3
Operating segment          
Financial information of reportable segments          
Net sales 3,319.7 3,282.7 9,647.6 9,572.2 $ 12,914.3
Operating Income (Loss) 564.0 375.9 1,334.2 1,120.6 1,432.2
Operating segment | Previously Reported          
Financial information of reportable segments          
Net sales         13,850.1
Operating Income (Loss)         1,605.3
Operating segment | Adjustment | Fixed Currency Rate Change          
Financial information of reportable segments          
Net sales         (783.2)
Operating Income (Loss)         (112.3)
Operating segment | Adjustment | Venezuela Bolivar Impact          
Financial information of reportable segments          
Net sales         (152.6)
Operating Income (Loss)         (60.8)
Operating segment | Global Industrial          
Financial information of reportable segments          
Net sales 1,185.2 1,168.0 3,416.5 3,308.9 4,485.5
Operating Income (Loss) 199.8 179.7 499.8 430.2 626.4
Operating segment | Global Industrial | Previously Reported          
Financial information of reportable segments          
Net sales         4,857.8
Operating Income (Loss)         692.7
Operating segment | Global Industrial | Adjustment | Fixed Currency Rate Change          
Financial information of reportable segments          
Net sales         (332.8)
Operating Income (Loss)         (48.7)
Operating segment | Global Industrial | Adjustment | Venezuela Bolivar Impact          
Financial information of reportable segments          
Net sales         (48.4)
Operating Income (Loss)         (19.6)
Operating segment | Global Industrial | Adjustment | Other          
Financial information of reportable segments          
Net sales         8.9
Operating Income (Loss)         2.0
Operating segment | Global Institutional          
Financial information of reportable segments          
Net sales 1,163.4 1,092.4 3,354.4 3,121.7 4,210.9
Operating Income (Loss) 266.8 256.9 707.9 651.7 876.6
Operating segment | Global Institutional | Previously Reported          
Financial information of reportable segments          
Net sales         4,393.2
Operating Income (Loss)         900.7
Operating segment | Global Institutional | Adjustment | Fixed Currency Rate Change          
Financial information of reportable segments          
Net sales         (170.5)
Operating Income (Loss)         (22.8)
Operating segment | Global Institutional | Adjustment | Venezuela Bolivar Impact          
Financial information of reportable segments          
Net sales         (3.6)
Operating Income (Loss)         (0.3)
Operating segment | Global Institutional | Adjustment | Other          
Financial information of reportable segments          
Net sales         (8.2)
Operating Income (Loss)         (1.0)
Operating segment | Global Energy          
Financial information of reportable segments          
Net sales 760.6 827.3 2,275.2 2,585.7 3,470.8
Operating Income (Loss) 100.9 111.1 238.8 325.2 465.5
Operating segment | Global Energy | Previously Reported          
Financial information of reportable segments          
Net sales         3,825.7
Operating Income (Loss)         550.7
Operating segment | Global Energy | Adjustment | Fixed Currency Rate Change          
Financial information of reportable segments          
Net sales         (253.6)
Operating Income (Loss)         (44.2)
Operating segment | Global Energy | Adjustment | Venezuela Bolivar Impact          
Financial information of reportable segments          
Net sales         (100.6)
Operating Income (Loss)         (40.9)
Operating segment | Global Energy | Adjustment | Other          
Financial information of reportable segments          
Net sales         (0.7)
Operating Income (Loss)         (0.1)
Operating segment | Other          
Financial information of reportable segments          
Net sales 210.5 195.0 601.5 555.9 747.1
Operating Income (Loss) 41.3 37.0 110.2 91.9 127.5
Operating segment | Other | Previously Reported          
Financial information of reportable segments          
Net sales         773.4
Operating Income (Loss)         132.0
Operating segment | Other | Adjustment | Fixed Currency Rate Change          
Financial information of reportable segments          
Net sales         (26.3)
Operating Income (Loss)         (3.6)
Operating segment | Other | Adjustment | Other          
Financial information of reportable segments          
Operating Income (Loss)         (0.9)
Currency Impact          
Financial information of reportable segments          
Net sales 66.4 163.7 153.1 560.9 630.8
Operating Income (Loss) 10.1 37.1 23.9 117.9 129.1
Currency Impact | Previously Reported          
Financial information of reportable segments          
Net sales         (305.0)
Operating Income (Loss)         (44.0)
Currency Impact | Adjustment | Fixed Currency Rate Change          
Financial information of reportable segments          
Net sales         783.2
Operating Income (Loss)         112.3
Currency Impact | Adjustment | Venezuela Bolivar Impact          
Financial information of reportable segments          
Net sales         152.6
Operating Income (Loss)         60.8
Corporate          
Financial information of reportable segments          
Operating Income (Loss) $ (44.8) $ (208.8) (222.5) $ (378.4) (663.8)
Corporate | Previously Reported          
Financial information of reportable segments          
Operating Income (Loss)         (670.8)
Corporate | Adjustment | Fixed Currency Rate Change          
Financial information of reportable segments          
Operating Income (Loss)         $ 7.0
Intersegment          
Financial information of reportable segments          
Net sales     $ 0.0