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Revenue (Tables) | 6 Months Ended
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Jun. 30, 2024
Revenue from Contract with Customer [Abstract] |
Net Sales Disaggregated by Product Line | The following table presents net sales disaggregated by product line for each segment:
|  | Three Months Ended |  | Six Months Ended
|  | June 30, |  | June 30,
(in millions) |  | 2024 |  | 2023 |  | 2024 |  | 2023
Crane Payment Innovations |  |  |  |  |  |  |  |
Products |  | $ | 190.6 |  |  | $ | 193.1 |  |  | $ | 367.0 |  |  | $ | 385.8 |
Services |  | 33.8 |  |  | 32.8 |  |  | 66.4 |  |  | 63.9 |
Total Crane Payment Innovations |  | $ | 224.4 |  |  | $ | 225.9 |  |  | $ | 433.4 |  |  | $ | 449.7 |
Security and Authentication Technologies |  |  |  |  |  |  |  |
Banknotes and Security Products |  | $ | 124.1 |  |  | $ | 125.5 |  |  | $ | 227.5 |  |  | $ | 229.5 |
Authentication Products and Solutions |  | 22.1 |  |  | 1.0 |  |  | 23.3 |  |  | 2.3 |
Total Security and Authentication Technologies |  | $ | 146.2 |  |  | $ | 126.5 |  |  | $ | 250.8 |  |  | $ | 231.8 |
Net sales |  | $ | 370.6 |  |  | $ | 352.4 |  |  | $ | 684.2 |  |  | $ | 681.5 |
Net Contract Assets and Contract Liabilities | Net contract assets and contract liabilities consisted of the following:
(in millions) | June 30, 2024 |  | December 31, 2023 |  |  |  |
Contract assets | $ | 34.5 |  |  | $ | 30.3 |  |  |  |  |
Contract liabilities | $ | 98.3 |  |  | $ | 92.5 |  |  |  |  |

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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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 + Details
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