XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Revenue Recognition (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2018
Revenue from Contract with Customer [Abstract] |
Reconciliation of Disaggregated Revenue | A summary of the timing of revenue recognition and reconciliation of disaggregated revenue by reportable segment follows:
|  | Three Months Ended June 30, 2018
(in millions) |  | CCM |  | CIT |  | CFT |  | CBF |  | Total
Products transferred at a point in time |  | $ | 823.3 |  |  | $ | 219.9 |  |  | $ | 73.3 |  |  | $ | 96.5 |  |  | $ | 1,213.0 |
Products and services transferred over time |  | 5.3 |  |  | 17.8 |  |  | — |  |  | — |  |  | 23.1 |
Total revenues |  | $ | 828.6 |  |  | $ | 237.7 |  |  | $ | 73.3 |  |  | $ | 96.5 |  |  | $ | 1,236.1 |
|  | Three Months Ended June 30, 2017
(in millions) |  | CCM |  | CIT |  | CFT |  | CBF |  | Total
Products transferred at a point in time |  | $ | 626.1 |  |  | $ | 200.4 |  |  | $ | 71.0 |  |  | $ | 79.9 |  |  | $ | 977.4 |
Products and services transferred over time |  | 5.1 |  |  | 1.4 |  |  | — |  |  | — |  |  | 6.5 |
Total revenues |  | $ | 631.2 |  |  | $ | 201.8 |  |  | $ | 71.0 |  |  | $ | 79.9 |  |  | $ | 983.9 |
|  | Six Months Ended June 30, 2018
(in millions) |  | CCM |  | CIT |  | CFT |  | CBF |  | Total
Products transferred at a point in time |  | $ | 1,416.7 |  |  | $ | 433.5 |  |  | $ | 136.8 |  |  | $ | 194.8 |  |  | $ | 2,181.8 |
Products and services transferred over time |  | 10.5 |  |  | 28.5 |  |  | — |  |  | — |  |  | 39.0 |
Total revenues |  | $ | 1,427.2 |  |  | $ | 462.0 |  |  | $ | 136.8 |  |  | $ | 194.8 |  |  | $ | 2,220.8 |
|  | Six Months Ended June 30, 2017
(in millions) |  | CCM |  | CIT |  | CFT |  | CBF |  | Total
Products transferred at a point in time |  | $ | 1,067.3 |  |  | $ | 393.0 |  |  | $ | 131.5 |  |  | $ | 153.1 |  |  | $ | 1,744.9 |
Products and services transferred over time |  | 10.0 |  |  | 3.0 |  |  | — |  |  | — |  |  | 13.0 |
Total revenues |  | $ | 1,077.3 |  |  | $ | 396.0 |  |  | $ | 131.5 |  |  | $ | 153.1 |  |  | $ | 1,757.9 |
A summary of revenues disaggregated by major end-market industries and reconciliation of disaggregated revenue by segment follows:
|  | Three Months Ended June 30, 2018
(in millions) |  | CCM |  | CIT |  | CFT |  | CBF |  | Total
General construction |  | $ | 768.1 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 768.1 |
Aerospace |  | — |  |  | 150.8 |  |  | — |  |  | 3.5 |  |  | 154.3 |
Heavy equipment |  | 31.6 |  |  | — |  |  | — |  |  | 79.3 |  |  | 110.9 |
Transportation |  | — |  |  | — |  |  | 39.9 |  |  | 11.5 |  |  | 51.4 |
Medical |  | — |  |  | 34.6 |  |  | — |  |  | — |  |  | 34.6 |
General industrial and other |  | 28.9 |  |  | 52.3 |  |  | 33.4 |  |  | 2.2 |  |  | 116.8 |
Total revenues |  | $ | 828.6 |  |  | $ | 237.7 |  |  | $ | 73.3 |  |  | $ | 96.5 |  |  | $ | 1,236.1 |
|  | Three Months Ended June 30, 2017
(in millions) |  | CCM |  | CIT |  | CFT |  | CBF |  | Total
General construction |  | $ | 631.2 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 631.2 |
Aerospace |  | — |  |  | 126.4 |  |  | — |  |  | 4.2 |  |  | 130.6 |
Heavy equipment |  | — |  |  | — |  |  | — |  |  | 61.8 |  |  | 61.8 |
Transportation |  | — |  |  | — |  |  | 39.8 |  |  | 10.8 |  |  | 50.6 |
Medical |  | — |  |  | 32.1 |  |  | — |  |  | — |  |  | 32.1 |
General industrial and other |  | — |  |  | 43.3 |  |  | 31.2 |  |  | 3.1 |  |  | 77.6 |
Total revenues |  | $ | 631.2 |  |  | $ | 201.8 |  |  | $ | 71.0 |  |  | $ | 79.9 |  |  | $ | 983.9 |
|  | Six Months Ended June 30, 2018
(in millions) |  | CCM |  | CIT |  | CFT |  | CBF |  | Total
General construction |  | $ | 1,314.4 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1,314.4 |
Aerospace |  | — |  |  | 305.6 |  |  | — |  |  | 9.8 |  |  | 315.4 |
Heavy equipment |  | 57.8 |  |  | — |  |  | — |  |  | 158.5 |  |  | 216.3 |
Transportation |  | — |  |  | — |  |  | 73.1 |  |  | 21.3 |  |  | 94.4 |
Medical |  | — |  |  | 69.3 |  |  | — |  |  | — |  |  | 69.3 |
General industrial and other |  | 55.0 |  |  | 87.1 |  |  | 63.7 |  |  | 5.2 |  |  | 211.0 |
Total revenues |  | $ | 1,427.2 |  |  | $ | 462.0 |  |  | $ | 136.8 |  |  | $ | 194.8 |  |  | $ | 2,220.8 |
|  | Six Months Ended June 30, 2017
(in millions) |  | CCM |  | CIT |  | CFT |  | CBF |  | Total
General construction |  | $ | 1,077.3 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1,077.3 |
Aerospace |  | — |  |  | 257.9 |  |  | — |  |  | 9.1 |  |  | 267.0 |
Heavy equipment |  | — |  |  | — |  |  | — |  |  | 116.8 |  |  | 116.8 |
Transportation |  | — |  |  | — |  |  | 71.7 |  |  | 20.1 |  |  | 91.8 |
Medical |  | — |  |  | 60.4 |  |  | — |  |  | — |  |  | 60.4 |
General industrial and other |  | — |  |  | 77.7 |  |  | 59.8 |  |  | 7.1 |  |  | 144.6 |
Total revenues |  | $ | 1,077.3 |  |  | $ | 396.0 |  |  | $ | 131.5 |  |  | $ | 153.1 |  |  | $ | 1,757.9 |
A summary of revenues based on the country to which the product was delivered and reconciliation of disaggregated revenue by segment follows:
|  | Three Months Ended June 30, 2018
(in millions) |  | CCM |  | CIT |  | CFT |  | CBF |  | Total
United States |  | $ | 733.6 |  |  | $ | 164.7 |  |  | $ | 30.7 |  |  | $ | 38.7 |  |  | $ | 967.7 |
International: |  |  |  |  |  |  |  |  |  |
Europe |  | 52.4 |  |  | 23.0 |  |  | 15.0 |  |  | 28.9 |  |  | 119.3 |
Asia |  | 3.6 |  |  | 25.6 |  |  | 24.6 |  |  | 20.6 |  |  | 74.4 |
Canada |  | 29.5 |  |  | 1.4 |  |  | 1.7 |  |  | 0.7 |  |  | 33.3 |
Mexico and Latin America |  | 1.4 |  |  | 12.4 |  |  | 0.5 |  |  | 3.9 |  |  | 18.2 |
Middle East and Africa |  | 5.8 |  |  | 6.7 |  |  | 0.8 |  |  | 0.3 |  |  | 13.6 |
Other |  | 2.3 |  |  | 3.9 |  |  | — |  |  | 3.4 |  |  | 9.6 |
Total international |  | 95.0 |  |  | 73.0 |  |  | 42.6 |  |  | 57.8 |  |  | 268.4 |
Total revenues |  | $ | 828.6 |  |  | $ | 237.7 |  |  | $ | 73.3 |  |  | $ | 96.5 |  |  | $ | 1,236.1 |
|  | Three Months Ended June 30, 2017
(in millions) |  | CCM |  | CIT |  | CFT |  | CBF |  | Total
United States |  | $ | 564.7 |  |  | $ | 129.0 |  |  | $ | 29.1 |  |  | $ | 33.9 |  |  | $ | 756.7 |
International: |  |  |  |  |  |  |  |  |  |
Europe |  | 43.2 |  |  | 21.9 |  |  | 13.7 |  |  | 23.2 |  |  | 102.0 |
Asia |  | 2.5 |  |  | 30.5 |  |  | 22.5 |  |  | 16.0 |  |  | 71.5 |
Canada |  | 14.8 |  |  | 0.9 |  |  | 2.0 |  |  | 1.1 |  |  | 18.8 |
Mexico and Latin America |  | 0.5 |  |  | 12.0 |  |  | 1.9 |  |  | 3.0 |  |  | 17.4 |
Middle East and Africa |  | 4.6 |  |  | 5.9 |  |  | 0.6 |  |  | 0.2 |  |  | 11.3 |
Other |  | 0.9 |  |  | 1.6 |  |  | 1.2 |  |  | 2.5 |  |  | 6.2 |
Total international |  | 66.5 |  |  | 72.8 |  |  | 41.9 |  |  | 46.0 |  |  | 227.2 |
Total revenues |  | $ | 631.2 |  |  | $ | 201.8 |  |  | $ | 71.0 |  |  | $ | 79.9 |  |  | $ | 983.9 |
|  | Six Months Ended June 30, 2018
(in millions) |  | CCM |  | CIT |  | CFT |  | CBF |  | Total
United States |  | $ | 1,262.6 |  |  | $ | 320.3 |  |  | $ | 56.3 |  |  | $ | 80.2 |  |  | $ | 1,719.4 |
International: |  |  |  |  |  |  |  |  |  |
Europe |  | 91.8 |  |  | 45.3 |  |  | 28.3 |  |  | 59.2 |  |  | 224.6 |
Asia |  | 8.8 |  |  | 48.5 |  |  | 44.4 |  |  | 39.5 |  |  | 141.2 |
Canada |  | 47.9 |  |  | 2.5 |  |  | 3.3 |  |  | 1.4 |  |  | 55.1 |
Mexico and Latin America |  | 2.3 |  |  | 24.4 |  |  | 2.6 |  |  | 7.5 |  |  | 36.8 |
Middle East and Africa |  | 8.9 |  |  | 14.3 |  |  | 1.4 |  |  | 0.5 |  |  | 25.1 |
Other |  | 4.9 |  |  | 6.7 |  |  | 0.5 |  |  | 6.5 |  |  | 18.6 |
Total international |  | 164.6 |  |  | 141.7 |  |  | 80.5 |  |  | 114.6 |  |  | 501.4 |
Total revenues |  | $ | 1,427.2 |  |  | $ | 462.0 |  |  | $ | 136.8 |  |  | $ | 194.8 |  |  | $ | 2,220.8 |
|  | Six Months Ended June 30, 2017
(in millions) |  | CCM |  | CIT |  | CFT |  | CBF |  | Total
United States |  | $ | 959.3 |  |  | $ | 254.7 |  |  | $ | 54.2 |  |  | $ | 63.4 |  |  | $ | 1,331.6 |
International: |  |  |  |  |  |  |  |  |  |
Europe |  | 79.5 |  |  | 48.4 |  |  | 26.7 |  |  | 45.7 |  |  | 200.3 |
Asia |  | 4.4 |  |  | 50.5 |  |  | 40.3 |  |  | 29.3 |  |  | 124.5 |
Canada |  | 24.8 |  |  | 2.3 |  |  | 3.6 |  |  | 2.3 |  |  | 33.0 |
Mexico and Latin America |  | 0.9 |  |  | 23.6 |  |  | 3.6 |  |  | 5.9 |  |  | 34.0 |
Middle East and Africa |  | 6.9 |  |  | 13.3 |  |  | 1.0 |  |  | 1.8 |  |  | 23.0 |
Other |  | 1.5 |  |  | 3.2 |  |  | 2.1 |  |  | 4.7 |  |  | 11.5 |
Total international |  | 118.0 |  |  | 141.3 |  |  | 77.3 |  |  | 89.7 |  |  | 426.3 |
Total revenues |  | $ | 1,077.3 |  |  | $ | 396.0 |  |  | $ | 131.5 |  |  | $ | 153.1 |  |  | $ | 1,757.9 |
Summary of the Timing of Revenue Recognition | A summary of estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied as of June 30, 2018, follows:
(in millions) |  | Remainder of 2018 |  | 2019 |  | 2020 |  | 2021 |  | 2022 |  | 2023 |  | Thereafter
Extended service warranties |  | $ | 10.2 |  |  | $ | 19.6 |  |  | $ | 18.6 |  |  | $ | 17.6 |  |  | $ | 16.4 |  |  | $ | 15.2 |  |  | $ | 115.7 |
Change in Contract Liabilities | A summary of the change in contract liabilities for the six months ended June 30, follows:
(in millions) |  | 2018 |  | 2017
Balance as of January 1 |  | $ | 215.8 |  |  | $ | 195.2 |
Revenue recognized |  | (31.2 | ) |  | (32.2 | )
Revenue deferred |  | 39.6 |  |  | 45.5 |
Acquired liabilities |  | 0.2 |  |  | — |
Balance as of June 30 |  | $ | 224.4 |  |  | $ | 208.5 |
Schedule of Change in Contract Assets | A summary of the change in contract assets for the six months ended June 30, follows:
(in millions) |  | 2018
Balance as of January 1 |  | $ | — |
Adoption of ASC 606 |  | 22.8 |
Revenue recognized and unbilled |  | 69.5 |
Revenue billed |  | (49.5 | )
Balance as of June 30 |  | $ | 42.8 |

X
- Definition Schedule of Change in Contract Assets [Table Text Block] + References No definition available. + Details
Name: | csl_ScheduleofChangeinContractAssetsTableTextBlock
Namespace Prefix: | csl_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of contract balances and changes in contract balances. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=82913847&loc=SL49130551-203045 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=82913847&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=84173487&loc=SL51747714-108306 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=82913847&loc=SL49130556-203045 + Details
Name: | us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration