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ACQUISITIONS AND DIVESTITURES (Fair Values of Assets Acquired and Liabilities Assumed) (Details) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Business Acquisition [Line Items]    
Goodwill $ 6,526.7 $ 4,018.8
Altra Merger Agreement    
Business Acquisition [Line Items]    
Cash and Cash Equivalents 259.1  
Trade Receivables 258.1  
Inventories 436.4  
Prepaid Expenses and Other Current Assets 33.0  
Property, Plant and Equipment 411.8  
Intangible Assets 2,224.0  
Deferred Income Tax Benefits 0.7  
Operating Lease Assets 42.3  
Other Noncurrent Assets 21.6  
Accounts Payable (183.2)  
Accrued Compensation and Benefits (66.1)  
Other accrued expenses (145.7)  
Current Operating Lease Liabilities (12.5)  
Current Maturities of Long-Term Debt (0.4)  
Long-Term Debt (25.3)  
Deferred Income Taxes (560.7)  
Pension and Other Post Retirement Benefits (19.8)  
Noncurrent Operating Lease Liabilities (29.7)  
Other Noncurrent Liabilities (8.3)  
Total Identifiable Net Assets 2,635.3  
Goodwill 2,499.3  
Preliminary purchase price 5,134.6  
Transaction costs $ 60.1