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REVENUE Revenue (Tables)
3 Months Ended
Mar. 31, 2018
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block]
The following table represents our revenue disaggregated by product category for the three months ended March 31, 2018.
For the Three Months Ended March 31, 2018
Industrial Process
Motion Technologies
Connect & Control Technologies
Eliminations
Total
Industrial pumps
 
$
141.5

 
 
$

 
 
$

 
 
$

 
 
$
141.5

 
Oil & gas pumps and components
 
48.3

 
 

 
 
9.0

 
 

 
 
57.3

 
Vehicle components
 

 
 
299.6

 
 

 
 

 
 
299.6

 
Aerospace & defense components
 

 
 
1.8

 
 
87.6

 
 

 
 
89.4

 
Rail components
 

 
 
39.0

 
 

 
 

 
 
39.0

 
Industrial components and other
 

 
 
1.8

 
 
61.3

 
 
(0.6
)
 
 
62.5

 
Total
 
$
189.8

 
 
$
342.2

 
 
$
157.9

 
 
$
(0.6
)
 
 
$
689.3

 
Contract with Customer, Asset and Liability [Table Text Block]
The following table represents our net contract assets and liabilities as of March 31, 2018.
 
March 31, 2018
January 1, 2018
Change
Current contract assets
 
$
25.8

 
 
$
43.2

 
 
(40.3
)%
 
Noncurrent contract assets
 
0.7

 
 

 
 
100.0
 %
 
Current contract liabilities
 
(57.5
)
 
 
(61.7
)
 
 
(6.8
)%
 
Net contract liabilities
 
$
(31.0
)
 
 
$
(18.5
)
 
 
67.6
 %