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REVENUES FROM CONTRACTS (Tables) | 6 Months Ended
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Jun. 29, 2019
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | We disaggregate revenue from contracts with customers by major product line and based on the timing of recognition for each of our reportable segments and other operating segments, as we believe such disaggregation best depicts how the nature, amount, timing, and uncertainty of our revenues and cash flows are affected by economic factors, with such disaggregation presented below for the three and six months ended June 29, 2019 and June 30, 2018:
|  | Three Months Ended June 29, 2019
Reportable Segments and All Other |  | HVAC |  | Detection and Measurement |  | Engineered Solutions |  | All Other |  | Total
Major product lines |  |  |  |  |  |  |  |  |  |
Cooling |  | $ | 67.0 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 67.0 |
Boilers, comfort heating, and ventilation |  | 63.9 |  |  | — |  |  | — |  |  | — |  |  | 63.9 |
Underground locators and inspection and rehabilitation equipment |  | — |  |  | 52.6 |  |  | — |  |  | — |  |  | 52.6 |
Signal monitoring, obstruction lighting, and bus fare collection systems |  | — |  |  | 49.1 |  |  | — |  |  | — |  |  | 49.1 |
Power transformers |  | — |  |  | — |  |  | 104.6 |  |  | — |  |  | 104.6 |
Process cooling equipment and services, and heat exchangers |  | — |  |  | — |  |  | 34.4 |  |  | 3.1 |  |  | 37.5 |
South African projects (1) |  | — |  |  | — |  |  | — |  |  | (2.3 | ) |  | (2.3 | )
|  | $ | 130.9 |  |  | $ | 101.7 |  |  | $ | 139.0 |  |  | $ | 0.8 |  |  | $ | 372.4 |
Timing of Revenue Recognition |  |  |  |  |  |  |  |  |  |
Revenues recognized at a point in time |  | $ | 130.9 |  |  | $ | 96.1 |  |  | $ | 12.9 |  |  | $ | 0.5 |  |  | $ | 240.4 |
Revenues recognized over time (1) |  | — |  |  | 5.6 |  |  | 126.1 |  |  | 0.3 |  |  | 132.0 |
|  | $ | 130.9 |  |  | $ | 101.7 |  |  | $ | 139.0 |  |  | $ | 0.8 |  |  | $ | 372.4 |
|  | Six Months Ended June 29, 2019
Reportable Segments and All Other |  | HVAC |  | Detection and Measurement |  | Engineered Solutions |  | All Other |  | Total
Major product lines |  |  |  |  |  |  |  |  |  |
Cooling |  | $ | 125.9 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 125.9 |
Boilers, comfort heating, and ventilation |  | 133.4 |  |  | — |  |  | — |  |  | — |  |  | 133.4 |
Underground locators and inspection and rehabilitation equipment |  | — |  |  | 99.7 |  |  | — |  |  | — |  |  | 99.7 |
Signal monitoring, obstruction lighting, and bus fare collection systems |  | — |  |  | 87.1 |  |  | — |  |  | — |  |  | 87.1 |
Power transformers |  | — |  |  | — |  |  | 203.4 |  |  | — |  |  | 203.4 |
Process cooling equipment and services, and heat exchangers |  | — |  |  | — |  |  | 73.6 |  |  | 6.8 |  |  | 80.4 |
South African projects (1) |  | — |  |  | — |  |  | — |  |  | (13.9 | ) |  | (13.9 | )
|  | $ | 259.3 |  |  | $ | 186.8 |  |  | $ | 277.0 |  |  | $ | (7.1 | ) |  | $ | 716.0 |
Timing of Revenue Recognition |  |  |  |  |  |  |  |  |  |
Revenues recognized at a point in time |  | $ | 259.3 |  |  | $ | 175.7 |  |  | $ | 25.4 |  |  | $ | 1.6 |  |  | $ | 462.0 |
Revenues recognized over time (1) |  | — |  |  | 11.1 |  |  | 251.6 |  |  | (8.7 | ) |  | 254.0 |
|  | $ | 259.3 |  |  | $ | 186.8 |  |  | $ | 277.0 |  |  | $ | (7.1 | ) |  | $ | 716.0 |
___________________________ (1) As further discussed below, during the three and six months ended June 29, 2019, we reduced the amount of revenue associated with the large power projects in South Africa by $6.0 and $23.5, respectively.
|  | Three Months Ended June 30, 2018
Reportable Segments and All Other |  | HVAC |  | Detection and Measurement |  | Engineered Solutions |  | All Other |  | Total
Major product lines |  |  |  |  |  |  |  |  |  |
Cooling |  | $ | 76.9 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 76.9 |
Boilers, comfort heating, and ventilation |  | 62.8 |  |  | — |  |  | — |  |  | — |  |  | 62.8 |
Underground locators and inspection and rehabilitation equipment |  | — |  |  | 35.1 |  |  | — |  |  | — |  |  | 35.1 |
Signal monitoring, obstruction lighting, and bus fare collection systems |  | — |  |  | 39.5 |  |  | — |  |  | — |  |  | 39.5 |
Power transformers |  | — |  |  | — |  |  | 94.2 |  |  | — |  |  | 94.2 |
Process cooling equipment and services, and heat exchangers |  | — |  |  | — |  |  | 41.2 |  |  | 14.8 |  |  | 56.0 |
South African projects |  | — |  |  | — |  |  | — |  |  | 14.7 |  |  | 14.7 |
|  | $ | 139.7 |  |  | $ | 74.6 |  |  | $ | 135.4 |  |  | $ | 29.5 |  |  | $ | 379.2 |
Timing of Revenue Recognition |  |  |  |  |  |  |  |  |  |
Revenues recognized at a point in time |  | $ | 139.7 |  |  | $ | 72.1 |  |  | $ | 15.7 |  |  | $ | 1.4 |  |  | $ | 228.9 |
Revenues recognized over time |  | — |  |  | 2.5 |  |  | 119.7 |  |  | 28.1 |  |  | 150.3 |
|  | $ | 139.7 |  |  | $ | 74.6 |  |  | $ | 135.4 |  |  | $ | 29.5 |  |  | $ | 379.2 |
|  | Six Months Ended June 30, 2018
Reportable Segments and All Other |  | HVAC |  | Detection and Measurement |  | Engineered Solutions |  | All Other |  | Total
Major product lines |  |  |  |  |  |  |  |  |  |
Cooling |  | $ | 136.5 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 136.5 |
Boilers, comfort heating, and ventilation |  | 130.9 |  |  | — |  |  | — |  |  | — |  |  | 130.9 |
Underground locators and inspection and rehabilitation equipment |  | — |  |  | 60.9 |  |  | — |  |  | — |  |  | 60.9 |
Signal monitoring, obstruction lighting, and bus fare collection systems |  | — |  |  | 79.3 |  |  | — |  |  | — |  |  | 79.3 |
Power transformers |  | — |  |  | — |  |  | 185.5 |  |  | — |  |  | 185.5 |
Process cooling equipment and services, and heat exchangers |  | — |  |  | — |  |  | 77.7 |  |  | 31.3 |  |  | 109.0 |
South African projects |  | — |  |  | — |  |  | — |  |  | 29.0 |  |  | 29.0 |
|  | $ | 267.4 |  |  | $ | 140.2 |  |  | $ | 263.2 |  |  | $ | 60.3 |  |  | $ | 731.1 |
Timing of Revenue Recognition |  |  |  |  |  |  |  |  |  |
Revenues recognized at a point in time |  | $ | 267.4 |  |  | $ | 136.1 |  |  | $ | 28.3 |  |  | $ | 2.7 |  |  | $ | 434.5 |
Revenues recognized over time |  | — |  |  | 4.1 |  |  | 234.9 |  |  | 57.6 |  |  | 296.6 |
|  | $ | 267.4 |  |  | $ | 140.2 |  |  | $ | 263.2 |  |  | $ | 60.3 |  |  | $ | 731.1 |
Contract with Customer, Asset and Liability | Our contract balances consisted of the following as of June 29, 2019 and December 31, 2018:
Contract Balances | June 29, 2019 |  | December 31, 2018 |  | Change
Contract Accounts Receivable (1) | $ | 246.3 |  |  | $ | 263.9 |  |  | $ | (17.6 | )
Contract Assets | 62.5 |  |  | 91.2 |  |  | (28.7 | )
Contract Liabilities - current | (80.3 | ) |  | (79.5 | ) |  | (0.8 | )
Contract Liabilities - non-current (2) | (2.4 | ) |  | (2.1 | ) |  | (0.3 | )
Net contract balance | $ | 226.1 |  |  | $ | 273.5 |  |  | $ | (47.4 | )
_____________________ (1) Included in “Accounts receivable, net” within the accompanying condensed consolidated balance sheets. (2) Included in “Other long-term liabilities” within the accompanying condensed consolidated balance sheets.

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- Definition Tabular disclosure of contract balances and changes in contract balances. + 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=118956577&loc=SL49130551-203045 + Details
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- 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=118956577&loc=SL49130545-203045 + Details
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