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BUSINESS SEGMENTS (Tables)
9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Schedule Of Reportable Segments
The following sets forth certain financial information attributable to the Company's operating segments for the three and nine months ended September 30, 2017 and October 1, 2016 (in millions):
 
Commercial and Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
 
Eliminations
 
Total
Three Months Ended September 30, 2017
 
 
 
 
 
 
 
 
 
External Sales
$
408.0

 
$
256.0

 
$
192.9

 
$

 
$
856.9

Intersegment Sales
16.4

 
5.0

 
0.5

 
(21.9
)
 

  Total Sales
424.4

 
261.0

 
193.4

 
(21.9
)
 
856.9

Gross Profit
98.0

 
65.8

 
63.2

 

 
227.0

Operating Expenses
68.4

 
27.0

 
37.6

 

 
133.0

Income from Operations
29.6

 
38.8

 
25.6

 

 
94.0

Depreciation and Amortization
15.2

 
5.5

 
13.6

 

 
34.3

Capital Expenditures
8.6

 
3.1

 
3.6

 

 
15.3

Three Months Ended October 1, 2016
 
 
 
 
 
 
 
 
 
External Sales
$
389.4

 
$
250.5

 
$
169.7

 
$

 
$
809.6

Intersegment Sales
10.8

 
5.7

 
1.1

 
(17.6
)
 

  Total Sales
400.2

 
256.2

 
170.8

 
(17.6
)
 
809.6

Gross Profit
105.4

 
71.4

 
54.9

 

 
231.7

Operating Expenses
69.2

 
29.2

 
43.5

 

 
141.9

Income from Operations
36.2

 
42.2

 
11.4

 

 
89.8

Depreciation and Amortization
17.7

 
4.9

 
15.0

 

 
37.6

Capital Expenditures
9.6

 
2.6

 
2.2

 

 
14.4


 
Commercial and Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
 
Eliminations
 
Total
Nine Months Ended September 30, 2017
 
 
 
 
 
 
 
 
 
External Sales
$
1,196.6

 
$
774.2

 
$
568.8

 
$

 
$
2,539.6

Intersegment Sales
52.2

 
19.2

 
3.4

 
(74.8
)
 

  Total Sales
1,248.8

 
793.4

 
572.2

 
(74.8
)
 
2,539.6

Gross Profit
285.5

 
194.8

 
185.3

 

 
665.6

Operating Expenses
209.5

 
84.6

 
119.7

 

 
413.8

Income from Operations
76.0

 
110.2

 
65.6

 

 
251.8

Depreciation and Amortization
45.2

 
16.6

 
41.3

 

 
103.1

Capital Expenditures
30.3

 
9.7

 
9.0

 

 
49.0

Nine Months Ended October 1, 2016
 
 
 
 
 
 
 
 

External Sales
$
1,161.7

 
$
744.8

 
$
559.9

 
$

 
$
2,466.4

Intersegment Sales
33.5

 
17.9

 
3.1

 
(54.5
)
 

  Total Sales
1,195.2

 
762.7

 
563.0

 
(54.5
)
 
2,466.4

Gross Profit
295.2

 
192.3

 
184.5

 

 
672.0

Operating Expenses
212.2

 
89.4

 
119.9

 

 
421.5

Income from Operations
83.0

 
102.9

 
64.6

 

 
250.5

Depreciation and Amortization
56.6

 
17.6

 
42.4

 

 
116.6

Capital Expenditures
26.5

 
10.1

 
9.5

 

 
46.1

Reconciliation of Segment Assets
The following table presents identifiable assets information attributable to the Company's operating segments as of September 30, 2017 and December 31, 2016 (in millions):
 
Commercial and Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
 
Total
Identifiable Assets as of September 30, 2017
$
1,905.7

 
$
934.8

 
$
1,623.5

 
$
4,464.0

Identifiable Assets as of December 31, 2016
$
1,872.7

 
$
881.8

 
$
1,604.0

 
$
4,358.5