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DISCONTINUED OPERATIONS (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended 1 Months Ended 12 Months Ended 34 Months Ended 1 Months Ended 12 Months Ended 34 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Feb. 28, 2010
Mining Business
Dec. 31, 2012
Mining Business
Dec. 31, 2010
Mining Business
Dec. 31, 2012
Mining Business
Feb. 28, 2010
Mining Business
Bucyrus
Mar. 31, 2010
Powertrain Gears and Pumps Business
Dec. 31, 2010
Powertrain Gears and Pumps Business
Dec. 31, 2012
Atlas
Dec. 31, 2010
Atlas
Dec. 31, 2012
Atlas
Dec. 31, 2012
Settlement with Taxing Authority [Member]
Mining Business
Discontinued Operations                            
Amount of consideration received in cash on divestiture $ 3.5 $ 0.5 $ 1,002.0 $ 1,000.0         $ 2.0          
Shares of Bucyrus common stock received (in shares)               5.8            
IncomeTaxesPaidOnDivestitureGain 124                          
Gain (loss) on disposition of discontinued operations - net of tax (0.4) (0.8) (589.3)   (1.9) (606.2) (605.0)     0.4 (2.3) 16.5 14.0  
Loss contingency, damages sought, value         149.0                  
Discontinued operations in the Consolidated Statement of Income                            
Net sales 0 0 157.7                      
(Loss) income from discontinued operations before income taxes 1.2 (0.1) (9.7)                      
(Provision for) benefit from income taxes 0.6 5.9 (5.6)   (1.9)                 2.5
Income (Loss) from discontinued operations – net of tax 1.8 5.8 (15.3)                      
(Loss) gain on disposition of discontinued operations (0.1) (0.7) 832.7                      
Benefit from (provision for) income taxes 0.5 1.5 (243.4)                      
Gain (loss) on disposition of discontinued operations - net of tax $ (0.4) $ (0.8) $ (589.3)   $ (1.9) $ (606.2) $ (605.0)     $ 0.4 $ (2.3) $ 16.5 $ 14.0