Revenue (Tables)

9 Months Ended

Sep. 30, 2018

Revenue From Contract With Customer [Abstract]

Revenue from Continuing Operations Disaggregated by Primary Region and Products

In the following tables, revenue from the Company’s continuing operations is disaggregated by primary region and products.

Net Sales by Region
(Dollars in millions)	Three months ended				Nine months ended
	September 30, 2018		September 30, 2017		September 30, 2018		September 30, 2017
China	$	351.9	$	343.2	$	1,103.5	$	973.1
Japan		196.3		193.4		606.4		578.6
Rest of Asia		200.9		200.4		623.6		587.9
Americas		684.8		575.3		2,034.3		1,835.9
Europe		599.1		640.3		2,117.6		2,002.6
Total net sales	$	2,033.0	$	1,952.6	$	6,485.4	$	5,978.1

Net Sales by Products
(Dollars in millions)	Three months ended				Nine months ended
	September 30, 2018		September 30, 2017		September 30, 2018		September 30, 2017
Airbag Products and Other1)	$	1,357.4	$	1,276.5	$	4,234.9	$	3,947.6
Seatbelt Products1)		675.6		676.1		2,250.5		2,030.5
Total net sales	$	2,033.0	$	1,952.6	$	6,485.4	$	5,978.1
1) Including Corporate and other sales.

Summary of Information about Receivables, Contract Assets, and Contract Liabilities from Contracts with Customers

The following tables provides information about receivables, contract assets, and contract liabilities from contracts with customers.

Contract Balances with Customers
(Dollars in millions)	As of
	September 30, 2018		December 31, 2017
Receivables, net	$	1,784.5	$	1,696.7
Contract assets 1)		19.3		—
Contract liabilities 2)		31.6		33.0
1) Included in other current assets.
2) Included in other current and other non-current liabilities.

Receivables, net of allowance
(Dollars in millions)	As of
	September 30, 2018			December 31, 2017
Receivables	$	1,790.3		$	1,703.0
Allowance at beginning of period		(6.3	)		(4.2	)
Net decrease/(increase) of allowance		0.5			(1.8	)
Translation difference		0.0			(0.3	)
Allowance at end of period		(5.8	)		(6.3	)
Receivables, net of allowance	$	1,784.5		$	1,696.7

Summary of Changes in Contract Assets and Contract Liabilities

Changes in the contract assets and the contract liabilities balances during the period are as follows:

Change in Contract Balances with Customers
(Dollars in millions)
	Three months ended September 30, 2018						Nine months ended September 30, 2018
	Contract assets			Contract liabilities			Contract assets			Contract liabilities
Beginning balance	$	18.7		$	30.3		$	—		$	33.0
Increases/(decreases) due to cumulative catch up    adjustment		—			—			15.0			—
Increases/(decreases) due to revenue recognized		19.3			(1.5	)		56.1			(3.9	)
Increases/(decreases) due to cash received		—			—			—			—
Increases/(decreases) due to transfer to receivables		(18.7	)		—			(51.8	)		—
Translation difference		—			2.8			—			2.5
Ending balance	$	19.3		$	31.6		$	19.3		$	31.6