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REVENUE Revenue (Tables) | 9 Months Ended
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Sep. 30, 2020 | Sep. 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 nine months ended September 30, 2020 and 2019.
For the Three Months Ended September 30, 2020 | Motion Technologies | Industrial Process | Connect & Control Technologies | Eliminations | Total
Auto and rail |  | $ | 268.6 |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | 268.6 |  |
Chemical and industrial pumps |  | — |  |  |  | 154.3 |  |  |  | — |  |  |  | — |  |  |  | 154.3 |  |
Aerospace and defense |  | 1.0 |  |  |  | — |  |  |  | 67.1 |  |  |  | — |  |  |  | 68.1 |  |
Oil and gas |  | — |  |  |  | 39.8 |  |  |  | 7.4 |  |  |  | — |  |  |  | 47.2 |  |
General industrial |  | 2.2 |  |  |  | — |  |  |  | 51.4 |  |  |  | (0.6) |  |  |  | 53.0 |  |
Total |  | $ | 271.8 |  |  |  | $ | 194.1 |  |  |  | $ | 125.9 |  |  |  | $ | (0.6) |  |  |  | $ | 591.2 |  |
For the Nine Months Ended September 30, 2020 |  |  |  |
Auto and rail |  | $ | 756.6 |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | (0.1) |  |  |  | $ | 756.5 |  |
Chemical and industrial pumps |  | — |  |  |  | 474.4 |  |  |  | — |  |  |  | — |  |  |  | 474.4 |  |
Aerospace and defense |  | 5.5 |  |  |  | — |  |  |  | 217.8 |  |  |  | — |  |  |  | 223.3 |  |
Oil and gas |  | — |  |  |  | 140.3 |  |  |  | 22.9 |  |  |  | — |  |  |  | 163.2 |  |
General industrial |  | 6.9 |  |  |  | — |  |  |  | 146.8 |  |  |  | (1.9) |  |  |  | 151.8 |  |
Total |  | $ | 769.0 |  |  |  | $ | 614.7 |  |  |  | $ | 387.5 |  |  |  | $ | (2.0) |  |  |  | $ | 1,769.2 |  |
For the Three Months Ended September 30, 2019 | Motion Technologies | Industrial Process | Connect & Control Technologies | Eliminations | Total
Auto and rail |  | $ | 301.1 |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | 301.1 |  |
Chemical and industrial pumps |  | — |  |  |  | 185.7 |  |  |  | — |  |  |  | — |  |  |  | 185.7 |  |
Aerospace and defense |  | 1.1 |  |  |  | — |  |  |  | 104.0 |  |  |  | — |  |  |  | 105.1 |  |
Oil and gas |  | — |  |  |  | 54.6 |  |  |  | 11.4 |  |  |  | — |  |  |  | 66.0 |  |
General industrial |  | 2.3 |  |  |  | — |  |  |  | 52.5 |  |  |  | (0.8) |  |  |  | 54.0 |  |
Total |  | $ | 304.5 |  |  |  | $ | 240.3 |  |  |  | $ | 167.9 |  |  |  | $ | (0.8) |  |  |  | $ | 711.9 |  |
For the Nine Months Ended September 30, 2019 |  |  |  |
Auto and rail |  | $ | 923.2 |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | (0.1) |  |  |  | $ | 923.1 |  |
Chemical and industrial pumps |  | — |  |  |  | 515.9 |  |  |  | — |  |  |  | — |  |  |  | 515.9 |  |
Aerospace and defense |  | 6.2 |  |  |  | — |  |  |  | 308.8 |  |  |  | — |  |  |  | 315.0 |  |
Oil and gas |  | — |  |  |  | 172.7 |  |  |  | 30.0 |  |  |  | — |  |  |  | 202.7 |  |
General industrial |  | 8.0 |  |  |  | — |  |  |  | 164.3 |  |  |  | (1.7) |  |  |  | 170.6 |  |
Total |  | $ | 937.4 |  |  |  | $ | 688.6 |  |  |  | $ | 503.1 |  |  |  | $ | (1.8) |  |  |  | $ | 2,127.3 |  |
Contract with Customer, Asset and Liability [Table Text Block] | The following table represents our net contract assets and liabilities as of September 30, 2020 and December 31, 2019.
| September 30, 2020 | December 31, 2019 |  |  | Change
Current contract assets, net |  | $ | 17.4 |  |  |  | $ | 18.0 |  |  |  |  |  | (3.3) | % |
Current contract liabilities |  | (57.4) |  |  |  | (57.4) |  |  |  |  |  | — | % |
Net contract liabilities |  | $ | (40.0) |  |  |  | $ | (39.4) |  |  |  |  |  | 1.5 | % |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + 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=121604090&loc=SL49130551-203045 + Details
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