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BASIS OF PRESENTATION (Tables)
9 Months Ended
Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Product Warranty Liability [Table Text Block]
The following table summarizes the changes in the consolidated product warranty liability (in millions):
 
Nine Months Ended
 
September 30, 2014
Balance at beginning of period
$
106.1

Accruals for warranties issued during the period
55.8

Changes in estimates
2.9

Settlements during the period
(61.7
)
Foreign exchange effect/other
(4.1
)
Balance at end of period
$
99.0