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BUSINESS SEGMENTS (Tables)
6 Months Ended
Jun. 30, 2018
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 six months ended June 30, 2018 and July 1, 2017 (in millions):
 
Commercial and Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
 
Eliminations
 
Total
Three Months Ended June 30, 2018
 
 
 
 
 
 
 
 
 
External Sales
$
469.0

 
$
277.3

 
$
213.4

 
$

 
$
959.7

Intersegment Sales
12.5

 
5.8

 
7.4

 
(25.7
)
 

  Total Sales
481.5

 
283.1

 
220.8

 
(25.7
)
 
959.7

Gross Profit
105.7

 
72.9

 
68.8

 

 
247.4

Operating Expenses
75.2

 
28.9

 
43.7

 

 
147.8

Income From Operations
30.5

 
44.0

 
25.1

 

 
99.6

Depreciation and Amortization
17.2

 
5.2

 
13.8

 

 
36.2

Capital Expenditures
8.9

 
7.9

 
4.4

 

 
21.2

Three Months Ended July 1, 2017
 
 
 
 
 
 
 
 
 
External Sales
$
407.4

 
$
270.5

 
$
191.3

 
$

 
$
869.2

Intersegment Sales
19.9

 
6.0

 
2.2

 
(28.1
)
 

  Total Sales
427.3

 
276.5

 
193.5

 
(28.1
)
 
869.2

Gross Profit
91.8

 
68.2

 
62.8

 

 
222.8

Operating Expenses
71.2

 
27.8

 
40.6

 

 
139.6

Income From Operations
20.6

 
40.4

 
22.2

 

 
83.2

Depreciation and Amortization
14.8

 
5.6

 
14.0

 

 
34.4

Capital Expenditures
11.1

 
2.3

 
3.3

 

 
16.7


 
Commercial and Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
 
Eliminations
 
Total
Six Months Ended June 30, 2018
 
 
 
 
 
 
 
 
 
External Sales
$
883.0

 
$
537.2

 
$
418.3

 
$

 
$
1,838.5

Intersegment Sales
27.6

 
11.3

 
12.0

 
(50.9
)
 

  Total Sales
910.6

 
548.5

 
430.3

 
(50.9
)
 
1,838.5

Gross Profit
205.5

 
136.6

 
140.2

 

 
482.3

Operating Expenses
145.9

 
60.3

 
88.3

 

 
294.5

Income From Operations
59.6

 
76.3

 
51.9

 

 
187.8

Depreciation and Amortization
32.6

 
10.6

 
27.8

 

 
71.0

Capital Expenditures
19.9

 
12.4

 
8.2

 

 
40.5

Six Months Ended July 1, 2017
 
 
 
 
 
 
 
 

External Sales
$
788.6

 
$
518.2

 
$
375.9

 
$

 
$
1,682.7

Intersegment Sales
35.8

 
14.2

 
2.9

 
(52.9
)
 

  Total Sales
824.4

 
532.4

 
378.8

 
(52.9
)
 
1,682.7

Gross Profit
187.3

 
129.0

 
122.0

 

 
438.3

Operating Expenses
141.0

 
57.2

 
81.9

 

 
280.1

Income From Operations
46.3

 
71.8

 
40.1

 

 
158.2

Depreciation and Amortization
30.0

 
11.1

 
27.7

 

 
68.8

Capital Expenditures
21.7

 
6.6

 
5.4

 

 
33.7

Reconciliation of Segment Assets
The following table presents identifiable assets information attributable to the Company's operating segments as of June 30, 2018 and December 30, 2017 (in millions):
 
Commercial and Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
 
Total
Identifiable Assets as of June 30, 2018
$
2,085.1

 
$
927.1

 
$
1,622.5

 
$
4,634.7

Identifiable Assets as of December 30, 2017
$
1,854.1

 
$
909.9

 
$
1,624.2

 
$
4,388.2