Revenue (Tables)

3 Months Ended

Mar. 30, 2018

Mar. 31, 2017

Revenue Recognition [Abstract]

Contract liabilities

Our contract liabilities consisted of the following:

	March 30, 2018		December 31, 2017
Deferred revenue - current	$	210.3	$	213.4
Deferred revenue - noncurrent	88.6		86.9
Total contract liabilities	$	298.9	$	300.3

Remaining performance obligations

The aggregate performance obligations attributable to each of our segments is as follows ($ in millions):

	March 30, 2018
Professional Instrumentation	$	115
Industrial Technologies	543
Total	$	658

Disaggregation of revenue

Disaggregation of revenue for the three months ended March 30, 2018 is presented as follows ($ in millions):

	Total		Professional Instrumentation		Industrial Technologies
Geographic:
United States	$	916.9	$	408.4	$	508.5
China	156.4		108.3		48.1
Germany	86.5		35.9		50.6
All other (each country individually less than 5% of total sales)	580.9		319.1		261.8
Total	$	1,740.7	$	871.7	$	869.0
Major Products Group:
Professional tools and equipment	$	1,120.1	$	706.5	$	413.6
Industrial automation, controls and sensors	327.8		104.6		223.2
Franchise distribution	172.9		—		172.9
All other	119.9		60.6		59.3
Total	$	1,740.7	$	871.7	$	869.0
End markets:
Direct sales
Retail fueling (a)	$	348.3	$	—	$	348.3
Industrial & Manufacturing	156.1		90.4		65.7
Vehicle repair (a)	158.8		—		158.8
Utilities & Power	56.0		55.4		0.6
Other	518.5		301.2		217.3
Total direct sales	1,237.7		447.0		790.7
Distributors(a)	503.0		424.7		78.3
Total	$	1,740.7	$	871.7	$	869.0
(a) Retail fueling and vehicle repair includes sales to these end markets made through third party distributors. Total distributor sales for the three months ended March 30, 2018 was $789.7 million.

Disaggregation of revenue for the three months ended March 31, 2017 is presented as follows ($ in millions):

	Total		Professional Instrumentation		Industrial Technologies
Geographic:
United States	$	846.8	$	330.4	$	516.4
China	129.9		90.5		39.4
Germany	69.6		28.7		40.9
All other (each country individually less than 5% of total sales)	488.9		266.5		222.4
Total	$	1,535.2	$	716.1	$	819.1
Major Products Group:
Professional tools and equipment	$	961.6	$	558.6	$	403.0
Industrial automation, controls and sensors	290.7		96.1		194.6
Franchise distribution	171.7		—		171.7
All other	111.2		61.4		49.8
Total	$	1,535.2	$	716.1	$	819.1
End markets:
Direct sales
Retail fueling (a)	$	346.5	$	—	$	346.5
Industrial & Manufacturing	109.9		65.1		44.8
Vehicle repair (a)	157.9		—		157.9
Utilities & Power	52.6		51.7		0.9
Other	460.5		261.7		198.8
Total direct sales	1,127.4		378.5		748.9
Distributors(a)	407.8		337.6		70.2
Total	$	1,535.2	$	716.1	$	819.1
(a) Retail fueling and vehicle repair includes sales to these end markets made through third party distributors. Total distributor sales for the three months ended March 31, 2017 was $746.9 million.