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BASIS OF PRESENTATION (Tables)
6 Months Ended
Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Product Warranty Liability [Table Text Block]
The following table summarizes the changes in the product warranty liability (in millions):
 
Six Months Ended
 
June 30, 2016
Balance at beginning of period
$
53.0

Accruals for warranties issued during the period
37.1

Changes in estimates
(3.4
)
Settlements during the period
(28.3
)
Foreign exchange effect/other
(1.1
)
Balance at end of period
$
57.3