XML 31 R28.htm IDEA: XBRL DOCUMENT
v3.20.1

Revenue Recognition (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
Revenue from Contract with Customer [Abstract] |
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 March 31, 2020, follows:
(in millions) |  | Remainder of 2020 |  | 2021 |  | 2022 |  | 2023 |  | 2024 |  | 2025 |  | Thereafter
Extended service warranties |  | $ | 16.7 |  |  | $ | 21.3 |  |  | $ | 20.1 |  |  | $ | 18.9 |  |  | $ | 17.9 |  |  | $ | 17.0 |  |  | $ | 133.7 |
Change in Contract Liabilities | A summary of the change in contract liabilities for the three months ended March 31, follows:
(in millions) |  | 2020 |  | 2019
Balance as of January 1 |  | $ | 247.4 |  |  | $ | 227.4 |
Revenue recognized |  | (13.3) |  |  | (12.8) |
Revenue deferred |  | 20.1 |  |  | 15.6 |
Balance as of March 31 |  | $ | 254.2 |  |  | $ | 230.2 |
Schedule of Change in Contract Assets | A summary of the change in contract assets for the three months ended March 31, follows:
(in millions) |  | 2020 |  | 2019 |  |
Balance as of January 1 |  | $ | 100.5 |  |  | $ | 44.7 |  |  |
Balance as of March 31 |  | 103.6 |  |  | 58.1 |  |  |
Change in contract assets |  | $ | 3.1 |  |  | $ | 13.4 |  |  |
Reconciliation of Disaggregated Revenue | A summary of revenues disaggregated by major end-market industries and reconciliation of disaggregated revenue by segment follows:
|  | Three Months Ended March 31, 2020 |  |  |  |  |  |  |  |
(in millions) |  | CCM |  | CIT |  | CFT |  | CBF |  | Total
General construction |  | $ | 635.8 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 635.8 |
Aerospace |  | — |  |  | 136.7 |  |  | — |  |  | 5.9 |  |  | 142.6 |
Heavy equipment |  | 21.5 |  |  | — |  |  | — |  |  | 54.1 |  |  | 75.6 |
Transportation |  | — |  |  | — |  |  | 35.3 |  |  | 8.2 |  |  | 43.5 |
Medical |  | — |  |  | 48.2 |  |  | — |  |  | — |  |  | 48.2 |
General industrial and other |  | 19.1 |  |  | 39.6 |  |  | 23.0 |  |  | 2.8 |  |  | 84.5 |
Total revenues |  | $ | 676.4 |  |  | $ | 224.5 |  |  | $ | 58.3 |  |  | $ | 71.0 |  |  | $ | 1,030.2 |
|  | Three Months Ended March 31, 2019 |  |  |  |  |  |  |  |
(in millions) |  | CCM |  | CIT |  | CFT |  | CBF |  | Total
General construction |  | $ | 621.6 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 621.6 |
Aerospace |  | — |  |  | 173.8 |  |  | — |  |  | 4.6 |  |  | 178.4 |
Heavy equipment |  | 27.2 |  |  | — |  |  | — |  |  | 75.2 |  |  | 102.4 |
Transportation |  | — |  |  | — |  |  | 32.3 |  |  | 9.2 |  |  | 41.5 |
Medical |  |  |  |  | 31.0 |  |  | — |  |  | — |  |  | 31.0 |
General industrial and other |  | 22.3 |  |  | 41.6 |  |  | 30.8 |  |  | 2.3 |  |  | 97.0 |
Total revenues |  | $ | 671.1 |  |  | $ | 246.4 |  |  | $ | 63.1 |  |  | $ | 91.3 |  |  | $ | 1,071.9 |
Revenues by Geographic Area 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 March 31, 2020 |  |  |  |  |  |  |  |
(in millions) |  | CCM |  | CIT |  | CFT |  | CBF |  | Total
United States |  | $ | 596.9 |  |  | $ | 161.4 |  |  | $ | 28.3 |  |  | $ | 30.7 |  |  | $ | 817.3 |
International: |  |  |  |  |  |  |  |  |  |
Europe |  | 51.1 |  |  | 19.3 |  |  | 10.4 |  |  | 19.4 |  |  | 100.2 |
Asia |  | 3.3 |  |  | 18.4 |  |  | 16.9 |  |  | 15.1 |  |  | 53.7 |
Canada |  | 18.4 |  |  | 1.2 |  |  | 1.4 |  |  | 0.6 |  |  | 21.6 |
Mexico |  | 1.2 |  |  | 11.2 |  |  | 0.6 |  |  | 2.3 |  |  | 15.3 |
Middle East and Africa |  | 3.9 |  |  | 4.9 |  |  | 0.5 |  |  | 0.2 |  |  | 9.5 |
Other |  | 1.6 |  |  | 8.1 |  |  | 0.2 |  |  | 2.7 |  |  | 12.6 |
Total international |  | 79.5 |  |  | 63.1 |  |  | 30.0 |  |  | 40.3 |  |  | 212.9 |
Total revenues |  | $ | 676.4 |  |  | $ | 224.5 |  |  | $ | 58.3 |  |  | $ | 71.0 |  |  | $ | 1,030.2 |
|  | Three Months Ended March 31, 2019 |  |  |  |  |  |  |  |
(in millions) |  | CCM |  | CIT |  | CFT |  | CBF |  | Total
United States |  | $ | 591.2 |  |  | $ | 182.1 |  |  | $ | 28.0 |  |  | $ | 32.5 |  |  | $ | 833.8 |
International: |  |  |  |  |  |  |  |  |  |
Europe |  | 52.1 |  |  | 18.4 |  |  | 13.1 |  |  | 30.5 |  |  | 114.1 |
Asia |  | 4.1 |  |  | 23.8 |  |  | 19.0 |  |  | 20.4 |  |  | 67.3 |
Canada |  | 17.5 |  |  | 1.1 |  |  | 1.6 |  |  | 0.5 |  |  | 20.7 |
Mexico |  | 0.4 |  |  | 12.4 |  |  | 0.5 |  |  | 3.3 |  |  | 16.6 |
Middle East and Africa |  | 3.4 |  |  | 7.3 |  |  | 0.6 |  |  | 0.4 |  |  | 11.7 |
Other |  | 2.4 |  |  | 1.3 |  |  | 0.3 |  |  | 3.7 |  |  | 7.7 |
Total international |  | 79.9 |  |  | 64.3 |  |  | 35.1 |  |  | 58.8 |  |  | 238.1 |
Total revenues |  | $ | 671.1 |  |  | $ | 246.4 |  |  | $ | 63.1 |  |  | $ | 91.3 |  |  | $ | 1,071.9 |

X
- 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/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=118956577&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/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=118956577&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/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130556-203045 + Details
Name: | us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration