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REVENUE Revenue (Tables) | 6 Months Ended
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Jun. 30, 2020 | Jun. 30, 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 three and six months ended June 30, 2020 and 2019.
For the Three Months Ended June 30, 2020 | Motion Technologies |  |  | Industrial Process |  |  | Connect & Control Technologies |  |  | Eliminations |  |  | Total |  |
Auto and rail |  | $ | 195.6 |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | 195.6 |  |
Chemical and industrial pumps |  | — |  |  |  | 158.6 |  |  |  | — |  |  |  | — |  |  |  | 158.6 |  |
Aerospace and defense |  | 1.6 |  |  |  | — |  |  |  | 64.6 |  |  |  | — |  |  |  | 66.2 |  |
Oil and gas |  | — |  |  |  | 34.7 |  |  |  | 7.7 |  |  |  | — |  |  |  | 42.4 |  |
General industrial |  | 2.1 |  |  |  | — |  |  |  | 50.6 |  |  |  | (0.8) |  |  |  | 51.9 |  |
Total |  | $ | 199.3 |  |  |  | $ | 193.3 |  |  |  | $ | 122.9 |  |  |  | $ | (0.8) |  |  |  | $ | 514.7 |  |
For the Six Months Ended June 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Auto and rail |  | $ | 488.0 |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | (0.1) |  |  |  | $ | 487.9 |  |
Chemical and industrial pumps |  | — |  |  |  | 320.1 |  |  |  | — |  |  |  | — |  |  |  | 320.1 |  |
Aerospace and defense |  | 4.5 |  |  |  | — |  |  |  | 150.7 |  |  |  | — |  |  |  | 155.2 |  |
Oil and gas |  | — |  |  |  | 100.5 |  |  |  | 15.5 |  |  |  | — |  |  |  | 116.0 |  |
General industrial |  | 4.7 |  |  |  | — |  |  |  | 95.4 |  |  |  | (1.3) |  |  |  | 98.8 |  |
Total |  | $ | 497.2 |  |  |  | $ | 420.6 |  |  |  | $ | 261.6 |  |  |  | $ | (1.4) |  |  |  | $ | 1,178.0 |  |
For the Three Months Ended June 30, 2019 | Motion Technologies |  |  | Industrial Process |  |  | Connect & Control Technologies |  |  | Eliminations |  |  | Total |  |
Auto and rail |  | $ | 312.1 |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | (0.1) |  |  |  | $ | 312.0 |  |
Chemical and industrial pumps |  | — |  |  |  | 168.7 |  |  |  | — |  |  |  | — |  |  |  | 168.7 |  |
Aerospace and defense |  | 2.8 |  |  |  | — |  |  |  | 105.3 |  |  |  | — |  |  |  | 108.1 |  |
Oil and gas |  | — |  |  |  | 63.9 |  |  |  | 10.1 |  |  |  | — |  |  |  | 74.0 |  |
General industrial |  | 2.8 |  |  |  | — |  |  |  | 54.8 |  |  |  | (0.5) |  |  |  | 57.1 |  |
Total |  | $ | 317.7 |  |  |  | $ | 232.6 |  |  |  | $ | 170.2 |  |  |  | $ | (0.6) |  |  |  | $ | 719.9 |  |
For the Six Months Ended June 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Auto and rail |  | $ | 622.1 |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | (0.1) |  |  |  | $ | 622.0 |  |
Chemical and industrial pumps |  | — |  |  |  | 330.2 |  |  |  | — |  |  |  | — |  |  |  | 330.2 |  |
Aerospace and defense |  | 5.1 |  |  |  | — |  |  |  | 204.8 |  |  |  | — |  |  |  | 209.9 |  |
Oil and gas |  | — |  |  |  | 118.1 |  |  |  | 18.6 |  |  |  | — |  |  |  | 136.7 |  |
General industrial |  | 5.7 |  |  |  | — |  |  |  | 111.8 |  |  |  | (0.9) |  |  |  | 116.6 |  |
Total |  | $ | 632.9 |  |  |  | $ | 448.3 |  |  |  | $ | 335.2 |  |  |  | $ | (1.0) |  |  |  | $ | 1,415.4 |  |
Contract with Customer, Asset and Liability [Table Text Block] | The following table represents our net contract assets and liabilities as of June 30, 2020 and December 31, 2019.
| June 30, 2020 |  |  | December 31, 2019 |  |  |  |  | Change |  |
Current contract assets, net |  | $ | 18.9 |  |  |  | $ | 18.0 |  |  |  |  |  | 5.0 | % |
Current contract liabilities |  | (56.3) |  |  |  | (57.4) |  |  |  |  |  | (1.9) | % |
Net contract liabilities |  | $ | (37.4) |  |  |  | $ | (39.4) |  |  |  |  |  | (5.1) | % |

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