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v3.19.3.a.u2

Revenue Revenue (Tables) | 12 Months Ended
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Dec. 31, 2019
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue [Table Text Block] | The following table represents our revenue disaggregated by end market for the years ended December 31, 2019, 2018, and 2017:
For the Year Ended December 31, 2019 | Motion Technologies | Industrial Process | Connect & Control Technologies | Eliminations | Total
Auto and rail |  | $ | 1,222.6 |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | (0.2 | ) |  |  | $ | 1,222.4 |  |
Chemical and industrial pumps |  | — |  |  |  | 701.7 |  |  |  | — |  |  |  | — |  |  |  | 701.7 |  |
Aerospace and defense |  | 9.1 |  |  |  | — |  |  |  | 409.2 |  |  |  | — |  |  |  | 418.3 |  |
Oil and gas |  | — |  |  |  | 242.1 |  |  |  | 39.4 |  |  |  | — |  |  |  | 281.5 |  |
General industrial |  | 10.1 |  |  |  | — |  |  |  | 215.3 |  |  |  | (2.9 | ) |  |  | 222.5 |  |
Total |  | $ | 1,241.8 |  |  |  | $ | 943.8 |  |  |  | $ | 663.9 |  |  |  | $ | (3.1 | ) |  |  | $ | 2,846.4 |  |
For the Year Ended December 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Auto and rail |  | $ | 1,253.0 |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | (0.2 | ) |  |  | $ | 1,252.8 |  |
Chemical and industrial pumps |  | — |  |  |  | 598.7 |  |  |  | — |  |  |  | — |  |  |  | 598.7 |  |
Aerospace and defense |  | 8.5 |  |  |  | — |  |  |  | 369.5 |  |  |  | — |  |  |  | 378.0 |  |
Oil and gas |  | — |  |  |  | 228.4 |  |  |  | 39.6 |  |  |  | — |  |  |  | 268.0 |  |
General industrial |  | 12.6 |  |  |  | — |  |  |  | 237.5 |  |  |  | (2.5 | ) |  |  | 247.6 |  |
Total |  | $ | 1,274.1 |  |  |  | $ | 827.1 |  |  |  | $ | 646.6 |  |  |  | $ | (2.7 | ) |  |  | $ | 2,745.1 |  |
For the Year Ended December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Auto and rail |  | $ | 1,159.1 |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | (0.2 | ) |  |  | $ | 1,158.9 |  |
Chemical and industrial pumps |  | — |  |  |  | 560.0 |  |  |  | — |  |  |  | — |  |  |  | 560.0 |  |
Aerospace and defense |  | 9.6 |  |  |  | — |  |  |  | 348.0 |  |  |  | — |  |  |  | 357.6 |  |
Oil and gas |  | — |  |  |  | 247.2 |  |  |  | 34.2 |  |  |  | — |  |  |  | 281.4 |  |
General industrial |  | 7.3 |  |  |  | — |  |  |  | 223.4 |  |  |  | (3.3 | ) |  |  | 227.4 |  |
Total |  | $ | 1,176.0 |  |  |  | $ | 807.2 |  |  |  | $ | 605.6 |  |  |  | $ | (3.5 | ) |  |  | $ | 2,585.3 |  |
Contract with Customer, Asset and Liability [Table Text Block] | The following table represents our net contract assets and liabilities as of December 31, 2019.
| December 31, 2019 | December 31, 2018 | Change
Current contract assets |  | $ | 18.0 |  |  |  | $ | 21.8 |  |  |  | (17.4 | )% |
Noncurrent contract assets |  | — |  |  |  | 0.7 |  |  |  | (100.0 | )% |
Current contract liabilities |  | (57.4 | ) |  |  | (61.0 | ) |  |  | (5.9 | )% |
Net contract liabilities |  | $ | (39.4 | ) |  |  | $ | (38.5 | ) |  |  | 2.3 | % |
Our net contract liability increased $0.9, or 2.3%, during 2019. During 2019, we recognized revenue of $42.7, related to contract liabilities at December 31, 2018.

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