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Revenue from Contract with Customer (Tables)
 12 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Revenues recognized over time
The following table provides revenues recognized over time by reportable segment for the the years ended December 31, 2019 and 2018:
Year ended December 31,
20192018
Revenues recognized over time:
Food and Beverage$282.9  $309.0  
Industrial60.8  94.3  
     Total revenues recognized over time$343.7  $403.3  
Disaggregated information about revenues The following tables provide disaggregated information about our OE, including Food and Beverage systems, and aftermarket revenues by reportable segment for the years ended December 31, 2019 and 2018:
Year ended December 31, 2019Year ended December 31, 2018
Original EquipmentAftermarketTotal RevenuesOriginal EquipmentAftermarketTotal Revenues
Food and Beverage$453.6  
(1)
$249.3  $702.9  $491.8  
(1)
$252.1  $743.9  
Industrial540.8  262.9  803.7  575.6  274.4  850.0  
Total revenues$994.4  $512.2  $1,506.6  $1,067.4  $526.5  $1,593.9  
(1) Includes $243.9 and $280.9 for the years ended December 31, 2019 and 2018, respectively, of revenue realized from the sale of highly engineered Food and Beverage systems.
Contract balances
Our contract accounts receivable, assets and liabilities as of December 31, 2019 and 2018, respectively, and changes in such balances, were as follows:
December 31, 2019December 31, 2018
Change(1)
Contract accounts receivable(2)
$231.9  $263.9  $(32.0) 
Contract assets27.3  33.8  (6.5) 
Contract liabilities(116.3) (136.4) 20.1  
Net contract balance$142.9  $161.3  $(18.4) 
(1) The $18.4 decrease in our net contract balance from December 31, 2018 to December 31, 2019 was primarily due to the timing of advance and milestone payments received on certain Food and Beverage contracts recognized over time, and of performance obligations satisfied and the related revenue recognized on such contracts.
(2) Included in “Accounts receivable, net” in our consolidated balance sheets. Amounts are presented before consideration of the allowance for uncollectible accounts.