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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) - USD ($)
$ in Millions
Total
Total Share- holders’ Equity
Common Shares Issued at Par Value
Capital Surplus
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Non-controlling Interest
Balance, beginning of period at Dec. 31, 2021 $ 1,835.1 $ 1,832.3 $ 72.4 $ 363.9 $ 2,527.3 $ (440.2) $ (691.1) $ 2.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 105.0 105.0     105.0      
Cash dividends (26.4) (26.4)     (26.4)      
Reacquisition on open market (175.8) (175.8)         (175.8)  
Exercise of stock options, net of shares reacquired 6.1 6.1         6.1  
Impact from settlement of share-based awards, net of shares acquired (5.4) (5.4)   (5.1)     (0.3)  
Stock-based compensation expense 5.9 5.9   5.9        
Changes in pension and postretirement plan assets and benefit obligation, net of tax 3.3 3.3       3.3    
Currency translation adjustment (21.6) (21.7)       (21.7)   0.1
Balance, end of period at Mar. 31, 2022 1,726.2 1,723.3 72.4 364.7 2,605.9 (458.6) (861.1) 2.9
Balance, beginning of period at Dec. 31, 2021 1,835.1 1,832.3 72.4 363.9 2,527.3 (440.2) (691.1) 2.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Changes in pension and postretirement plan assets and benefit obligation, net of tax 9.1              
Currency translation adjustment (175.2)              
Balance, end of period at Sep. 30, 2022 1,710.8 1,708.3 72.4 368.2 2,752.0 (606.0) (878.3) 2.5
Balance, beginning of period at Mar. 31, 2022 1,726.2 1,723.3 72.4 364.7 2,605.9 (458.6) (861.1) 2.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 258.2 258.2     258.2      
Cash dividends (26.4) (26.4)     (26.4)      
Reacquisition on open market (27.9) (27.9)         (27.9)  
Exercise of stock options, net of shares reacquired 1.1 1.1         1.1  
Impact from settlement of share-based awards, net of shares acquired (0.1) (0.1)   (1.3)     1.2  
Stock-based compensation expense 5.9 5.9   5.9        
Changes in pension and postretirement plan assets and benefit obligation, net of tax 3.5 3.5       3.5    
Currency translation adjustment (75.9) (75.8)       (75.8)   (0.1)
Balance, end of period at Jun. 30, 2022 1,864.6 1,861.8 72.4 369.3 2,837.7 (530.9) (886.7) 2.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (59.3) (59.3)     (59.3)      
Cash dividends (26.4) (26.4)     (26.4)      
Exercise of stock options, net of shares reacquired 1.5 1.5         1.5  
Impact from settlement of share-based awards, net of shares acquired (0.1) (0.1)   (7.0)     6.9  
Stock-based compensation expense 5.9 5.9   5.9        
Changes in pension and postretirement plan assets and benefit obligation, net of tax 2.3 2.3       2.3    
Currency translation adjustment (77.7) (77.4)       (77.4)   (0.3)
Balance, end of period at Sep. 30, 2022 1,710.8 1,708.3 72.4 368.2 2,752.0 (606.0) (878.3) 2.5
Balance, beginning of period at Dec. 31, 2022 1,904.0 1,901.4 72.4 373.8 2,822.8 (503.3) (864.3) 2.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 105.7 105.7     105.7      
Cash dividends (26.6) (26.6)     (26.6)      
Exercise of stock options, net of shares reacquired 19.8 19.8         19.8  
Impact from settlement of share-based awards, net of shares acquired (6.9) (6.9)   (3.3)     (3.6)  
Stock-based compensation expense 6.3 6.3   6.3        
Changes in pension and postretirement plan assets and benefit obligation, net of tax 2.7 2.7       2.7    
Currency translation adjustment 12.7 12.8       12.8   (0.1)
Balance, end of period at Mar. 31, 2023 2,017.7 2,015.2 72.4 376.8 2,901.9 (487.8) (848.1) 2.5
Balance, beginning of period at Dec. 31, 2022 1,904.0 1,901.4 72.4 373.8 2,822.8 (503.3) (864.3) 2.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Changes in pension and postretirement plan assets and benefit obligation, net of tax 8.9              
Currency translation adjustment (2.3)              
Distribution of Crane NXT, Co. (414.5)              
Balance, end of period at Sep. 30, 2023 1,286.5 1,284.1 56.8 387.7 921.6 (82.0) 0.0 2.4
Balance, beginning of period at Mar. 31, 2023 2,017.7 2,015.2 72.4 376.8 2,901.9 (487.8) (848.1) 2.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 45.6 45.6     45.6      
Cash dividends (10.2) (10.2)     (10.2)      
Exercise of stock options, net of shares reacquired 1.0 1.0   1.0        
Stock-based compensation expense 2.5 2.5   2.5        
Changes in pension and postretirement plan assets and benefit obligation, net of tax 2.6 2.6       2.6    
Currency translation adjustment 0.7 0.8       0.8   (0.1)
Capital effect of spin-off     (15.7)   (832.4)   848.1  
Distribution of Crane NXT, Co. (822.3) (822.3)     (1,236.8) 414.5    
Balance, end of period at Jun. 30, 2023 1,237.6 1,235.2 56.7 380.3 868.1 (69.9) 0.0 2.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 55.2 55.2     55.2      
Cash dividends (10.2) (10.2)     (10.2)      
Exercise of stock options, net of shares reacquired 1.9 1.9 0.1 1.8        
Impact from settlement of share-based awards, net of shares acquired (0.1) (0.1)   (0.1)        
Stock-based compensation expense 5.7 5.7   5.7        
Changes in pension and postretirement plan assets and benefit obligation, net of tax 3.6 3.6       3.6    
Currency translation adjustment (15.7) (15.7)       (15.7)    
Distribution of Crane NXT, Co. 8.5 8.5     8.5      
Balance, end of period at Sep. 30, 2023 $ 1,286.5 $ 1,284.1 $ 56.8 $ 387.7 $ 921.6 $ (82.0) $ 0.0 $ 2.4