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Summary of Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2018

Accounting Policies [Abstract]

Cumulative Impact of Adoption of New Accounting Pronouncement

The cumulative impact of the adoption of ASC 606 to the consolidated balance sheet as of January 1, 2018 was as follows:

	As reported								Adjusted
	December 31,				Impact of				January 1,
	2017				ASC 606 Adoption				2018
ASSETS:
Unbilled receivables	$	143.6			$	2.8			$	146.4
Other current assets	73.5				(1.0		)		72.5
Other assets	88.3				3.2				91.5
LIABILITIES:
Deferred revenue	566.4				(13.5		)		552.9
Deferred taxes	829.6				4.6				834.2
Other liabilities	239.2				(0.4		)		238.8
STOCKHOLDERS’ EQUITY:
Retained earnings	5,464.6				14.3				5,478.9

Schedule of Weighted Average Diluted Shares Outstanding

The effects of potential common stock were determined using the treasury stock method:

	Years ended December 31,
	2018			2017			2016
Basic weighted-average shares outstanding	103.2			102.2			101.3
Effect of potential common stock:
Common stock awards	1.2			1.3			1.1
Senior subordinated convertible notes	—			—			0.1
Diluted weighted-average shares outstanding	104.4			103.5			102.5

Schedule of Property, Plant and Equipment

Depreciation and amortization are provided for using principally the straight-line method over the estimated useful lives of the assets as follows:

Buildings	20-30 years
Machinery	8-12 years
Other equipment	3-5 years

The components of property, plant and equipment at December 31 were as follows:

	2018				2017
Land	$	2.2			$	2.5
Buildings	76.7				90.7
Machinery and other equipment	218.0				226.3
Computer equipment	79.4				77.5
Software	64.4				62.4
	440.7				459.4
Accumulated depreciation	(312.0		)		(316.9		)
	$	128.7			$	142.5

Schedule of Disaggregated Revenue

		Year ended December 31, 2018
Software and related services					$	2,165.9
Engineered products and related services		3,025.3
Net revenues		$	5,191.2

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