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OTHER FINANCIAL INFORMATION (Disaggregation of Revenue) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Oct. 02, 2021
Sep. 30, 2022
Oct. 02, 2021
Disaggregation of Revenue [Line Items]        
Net Sales $ 1,325.3 $ 892.7 $ 3,973.2 $ 2,593.7
Commercial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 289.9 268.7 885.1 775.0
Industrial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 163.5 148.0 462.9 429.6
Climate Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 279.2 268.4 846.6 764.8
Motion Control Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 592.7 207.6 1,778.6 624.3
North America        
Disaggregation of Revenue [Line Items]        
Net Sales 991.4 666.1 2,911.2 1,914.7
North America | Commercial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 203.0 189.5 619.7 519.7
North America | Industrial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 95.2 74.8 270.0 219.8
North America | Climate Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 248.3 236.7 741.1 673.1
North America | Motion Control Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 444.9 165.1 1,280.4 502.1
Asia        
Disaggregation of Revenue [Line Items]        
Net Sales 137.4 108.0 392.2 328.9
Asia | Commercial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 42.6 41.8 129.4 141.3
Asia | Industrial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 44.7 49.9 121.7 140.0
Asia | Climate Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 7.0 8.3 25.2 25.3
Asia | Motion Control Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 43.1 8.0 115.9 22.3
Europe        
Disaggregation of Revenue [Line Items]        
Net Sales 149.9 74.8 470.8 218.4
Europe | Commercial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 35.4 26.1 102.0 77.5
Europe | Industrial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 11.9 11.5 37.5 35.2
Europe | Climate Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 10.5 11.0 38.2 30.9
Europe | Motion Control Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 92.1 26.2 293.1 74.8
Rest-of-World        
Disaggregation of Revenue [Line Items]        
Net Sales 46.6 43.8 199.0 131.7
Rest-of-World | Commercial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 8.9 11.3 34.0 36.5
Rest-of-World | Industrial Systems        
Disaggregation of Revenue [Line Items]        
Net Sales 11.7 11.8 33.7 34.6
Rest-of-World | Climate Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales 13.4 12.4 42.1 35.5
Rest-of-World | Motion Control Solutions        
Disaggregation of Revenue [Line Items]        
Net Sales $ 12.6 $ 8.3 $ 89.2 $ 25.1