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Deferred Revenue (Tables)

9 Months Ended

Sep. 30, 2016

Deferred Revenue.

Schedule of deferred revenue

Deferred revenue is summarized as follows: 

		September 30,			December 31,
(in millions)		2016			2015
Current		$	18.4		$	18.1
Long-term			167.2			159.7
Deferred revenue		$	185.6		$	177.8

Expected costs of services to be performed under extended product warranty contracts are actuarially determined.  Any expected costs in excess of deferred revenue are recognized within accrued expenses.

Other Deferred Revenue

Other deferred revenue primarily relates to customer prepayment on sales within the Fluid Technologies segment. Other deferred revenue is summarized as follows:

		September 30,			December 31,
(in millions)		2016			2015
Current		$	5.5		$	5.9
Long-term			-			-
Deferred revenue		$	5.5		$	5.9

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- References

No definition available.

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- Definition

Tabular disclosure of the type of arrangements and the corresponding amounts that comprise the current and noncurrent balance of deferred revenue as of the balance sheet date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 605
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 13.A.4(a).Q1)
-URI http://asc.fasb.org/extlink&oid=27012821&loc=d3e214044-122780

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 8
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6935-107765

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 13
-Section A

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