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Goodwill and Other Intangible Assets (Details 2) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Intangible assets with determinable lives      
Gross carrying value of finite-lived intangible assets $ 650.8 $ 643.1  
Accumulated amortization (157.9) (123.6)  
Net carrying value of finite-lived intangible assets 492.9 519.5  
Total intangible assets      
Gross carrying value 1,082.6 1,078.9  
Net carrying value 924.7 955.3  
Amortization expense 33.0 34.1 22.8
Estimated amortization expense related to intangible assets      
2014 31.1    
2015 30.7    
2016 30.4    
2017 30.0    
2018 29.9    
Flow Technology reportable segment
     
Intangible assets with determinable lives      
Net carrying value of finite-lived intangible assets 437.6    
Intangible assets with indefinite lives      
Trademarks 287.1    
Thermal Equipment and Services reportable segment
     
Intangible assets with determinable lives      
Net carrying value of finite-lived intangible assets 47.3    
Intangible assets with indefinite lives      
Trademarks 126.3    
Industrial Products and Services and Other
     
Intangible assets with determinable lives      
Net carrying value of finite-lived intangible assets 8.0    
Intangible assets with indefinite lives      
Trademarks 18.4    
Trademarks
     
Intangible assets with indefinite lives      
Trademarks 431.8 435.8  
Patents
     
Intangible assets with determinable lives      
Gross carrying value of finite-lived intangible assets 11.5 8.6  
Accumulated amortization (8.3) (8.0)  
Net carrying value of finite-lived intangible assets 3.2 0.6  
Technology
     
Intangible assets with determinable lives      
Gross carrying value of finite-lived intangible assets 196.3 190.3  
Accumulated amortization (52.4) (41.4)  
Net carrying value of finite-lived intangible assets 143.9 148.9  
Customer relationships
     
Intangible assets with determinable lives      
Gross carrying value of finite-lived intangible assets 412.0 415.2  
Accumulated amortization (78.6) (58.1)  
Net carrying value of finite-lived intangible assets 333.4 357.1  
Other
     
Intangible assets with determinable lives      
Gross carrying value of finite-lived intangible assets 31.0 29.0  
Accumulated amortization (18.6) (16.1)  
Net carrying value of finite-lived intangible assets $ 12.4 $ 12.9