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HELD FOR SALE, ACQUISITIONS AND DIVESTITURES (Purchase Price) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended
Mar. 27, 2023
Mar. 31, 2024
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2023
Jan. 24, 2023
Business Acquisition [Line Items]            
Stock based compensation   $ 9.1   $ 21.7    
Common stock, shares outstanding (in shares)   66.5     66.3  
Long-term debt   $ 6,245.9     $ 6,380.9  
Senior Notes Due 2026 | Senior Notes            
Business Acquisition [Line Items]            
Debt instrument interest rate (in percent)           6.05%
Altra Merger Agreement            
Business Acquisition [Line Items]            
Cash paid for outstanding Altra Common Stock   4,051.0 $ 17.3      
Stock based compensation   23.1        
Payment of Altra debt   1,061.0        
Pre-existing relationships   (0.5)        
Purchase price $ 5,100.0 $ 5,134.6        
Share price (in dollars per share) $ 62.00          
Altra Merger Agreement | Senior Notes Due 2026 | Senior Notes            
Business Acquisition [Line Items]            
Percentage of debt outstanding 95.28% 95.28%        
Debt instrument interest rate (in percent) 6.125% 6.125%        
Long-term debt $ 18.1 $ 18.1        
Altra Merger Agreement | Altra Industrial Motion Corp            
Business Acquisition [Line Items]            
Common stock, shares outstanding (in shares) 65.3