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Revenue (Tables)
3 Months Ended
Mar. 31, 2025
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
March 31,
(in millions)20252024
Crane Payment Innovations
Products$169.9 $176.4 
Services33.0 32.6 
Total Crane Payment Innovations$202.9 $209.0 
Security and Authentication Technologies
Banknotes and Security Products$93.4 $103.4 
Authentication Products and Solutions34.0 1.2 
Total Security and Authentication Technologies$127.4 $104.6 
Net sales$330.3 $313.6 
Net Contract Assets and Contract Liabilities Net contract assets and contract liabilities consisted of the following:
(in millions)March 31, 2025December 31, 2024
Contract assets$41.6 $37.8 
Current contract liabilities$87.4 $71.4 
Long-term contract liabilities$13.2 $13.5