XML 66 R51.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Revenue Revenue (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue [Table Text Block] | The following table represents our revenue disaggregated by end market.
For the Year Ended December 31, 2021 | Motion Technologies | Industrial Process | Connect & Control Technologies | Eliminations | Total
Auto and rail |  | $ | 1,335.1 |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | 1,335.1 |  |
Chemical and industrial pumps |  | — |  |  |  | 659.0 |  |  |  | — |  |  |  | — |  |  |  | 659.0 |  |
Aerospace and defense |  | 8.3 |  |  |  | — |  |  |  | 261.4 |  |  |  | — |  |  |  | 269.7 |  |
Energy |  | — |  |  |  | 184.2 |  |  |  | 38.1 |  |  |  | — |  |  |  | 222.3 |  |
General industrial |  | 25.2 |  |  |  | — |  |  |  | 255.2 |  |  |  | (1.5) |  |  |  | 278.9 |  |
Total |  | $ | 1,368.6 |  |  |  | $ | 843.2 |  |  |  | $ | 554.7 |  |  |  | $ | (1.5) |  |  |  | $ | 2,765.0 |  |
For the Year Ended December 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Auto and rail |  | $ | 1,104.6 |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | (0.2) |  |  |  | $ | 1,104.4 |  |
Chemical and industrial pumps |  | — |  |  |  | 660.5 |  |  |  | — |  |  |  | — |  |  |  | 660.5 |  |
Aerospace and defense |  | 6.7 |  |  |  | — |  |  |  | 284.7 |  |  |  | — |  |  |  | 291.4 |  |
Energy |  | — |  |  |  | 182.5 |  |  |  | 31.3 |  |  |  | — |  |  |  | 213.8 |  |
General industrial |  | 9.8 |  |  |  | — |  |  |  | 200.5 |  |  |  | (2.6) |  |  |  | 207.7 |  |
Total |  | $ | 1,121.1 |  |  |  | $ | 843.0 |  |  |  | $ | 516.5 |  |  |  | $ | (2.8) |  |  |  | $ | 2,477.8 |  |
For the Year Ended December 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
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 |  |
Energy |  | — |  |  |  | 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 |  |
Contract with Customer, Asset and Liability [Table Text Block] | The following table represents our net contract assets and liabilities.
As of December 31 | 2021 | 2020 |  | Change
Current contract assets |  | $ | 20.6 |  |  |  | $ | 19.1 |  |  |  |  | 7.9 | % |
Noncurrent contract assets |  | 0.3 |  |  |  | — |  |  |  |  | ** |
Current contract liabilities |  | (46.6) |  |  |  | (56.2) |  |  |  |  | (17.1) | % |
Noncurrent contract liabilities |  | (4.4) |  |  |  | (0.1) |  |  |  |  | ** |
Net contract liabilities |  | $ | (30.1) |  |  |  | $ | (37.2) |  |  |  |  | (19.1) | % |
** Resulting percentage change not considered meaningful Our net contract liability decreased $7.1, or 19.1%, during 2021. During 2021, we recognized revenue of $48.5, related to contract liabilities at December 31, 2020.

X
- 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=123351226&loc=SL49130551-203045 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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=123351226&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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