Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2019

Revenue From Contract With Customer [Abstract]

Disaggregates Revenue for Each Reportable Segment and Geographic Region

The following table disaggregates our revenue for each reportable segment. The Company believes that disaggregating revenue into these categories achieves the disclosure objective to depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors.

	Quarter Ended
	March 31, 2019			March 31, 2018
Net Sales:
Power Transmission Technologies	$	234.9		$	240.4
Automation & Specialty		249.1			—
Inter-segment eliminations		(1.2	)		—
Net sales	$	482.8		$	240.4

Net sales by geographic region based on point of shipment origin are as follows:

	Net Sales
	Quarter Ended
	March 31, 2019		March 31, 2018
North America (primarily U.S.)	$	273.0	$	125.7
Europe excluding Germany		81.7		44.2
Germany		62.2		49.3
Asia and other		65.9		21.2
Total	$	482.8	$	240.4

Summary of Opening and Closing Balances of Contract Liability and Receivables

The opening and closing balances of the Company’s contract liability and receivables as of the quarter ended March 31, 2019 are as follows:

	Deferred Revenue (Current)		Accounts Receivable
Beginning - January 1, 2019	$	7.4	$	259.8
Closing - March 31, 2019		7.8		281.8
Increase/(Decrease)	$	0.4	$	22.0