Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 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					Year to Date Ended
	June 30, 2019			June 30, 2018		June 30, 2019			June 30, 2018
Net Sales:
Power Transmission Technologies	$	234.9		$	237.3	$	469.8		$	477.7
Automation & Specialty		233.3			—		482.4			—
Inter-segment eliminations		(1.7	)		—		(2.9	)		—
Net sales	$	466.5		$	237.3	$	949.3		$	477.7

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

	Net Sales
	Quarter Ended				Year to Date Ended
	June 30, 2019		June 30, 2018		June 30, 2019		June 30, 2018
North America (primarily U.S.)	$	269.8	$	119.0	$	542.8	$	244.7
Europe excluding Germany		79.9		42.5		161.7		86.6
Germany		56.8		48.8		119.0		98.2
Asia and other		60.0		27.0		125.8		48.2
Total	$	466.5	$	237.3	$	949.3	$	477.7

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 year to date period ended June 30, 2019 are as follows:

	Deferred Revenue (Current)		Accounts Receivable
Beginning - January 1, 2019	$	7.4	$	259.8
Closing - June 30, 2019		8.1		269.6
Increase/(Decrease)	$	0.7	$	9.8