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REVENUE Revenue (Tables)
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2018.
For the Three Months Ended June 30, 2018
Industrial Process
Motion Technologies
Connect & Control Technologies
Eliminations
Total
Industrial pumps
 
$
153.2

 
 
$

 
 
$

 
 
$

 
 
$
153.2

 
Oil & gas pumps and components
 
50.0

 
 

 
 
10.1

 
 

 
 
60.1

 
Vehicle components
 

 
 
284.4

 
 

 
 
(0.1
)
 
 
284.3

 
Aerospace & defense components
 

 
 
2.7

 
 
96.1

 
 

 
 
98.8

 
Rail components
 

 
 
38.1

 
 

 
 

 
 
38.1

 
Industrial components and other
 

 
 
5.1

 
 
57.9

 
 
(0.7
)
 
 
62.3

 
Total
 
$
203.2

 
 
$
330.3

 
 
$
164.1

 
 
$
(0.8
)
 
 
$
696.8

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Six Months Ended June 30, 2018
Industrial Process
Motion Technologies
Connect & Control Technologies
Eliminations
Total
Industrial pumps
 
$
294.7

 
 
$

 
 
$

 
 
$

 
 
$
294.7

 
Oil & gas pumps and components
 
98.3

 
 

 
 
19.1

 
 

 
 
117.4

 
Vehicle components
 

 
 
584.0

 
 

 
 
(0.1
)
 
 
583.9

 
Aerospace & defense components
 

 
 
4.5

 
 
183.7

 
 

 
 
188.2

 
Rail components
 

 
 
77.1

 
 

 
 

 
 
77.1

 
Industrial components and other
 

 
 
6.9

 
 
119.2

 
 
(1.3
)
 
 
124.8

 
Total
 
$
393.0

 
 
$
672.5

 
 
$
322.0

 
 
$
(1.4
)
 
 
$
1,386.1

 
Contract with Customer, Asset and Liability [Table Text Block] The following table represents our net contract assets and liabilities as of June 30, 2018.
 
June 30, 2018
January 1, 2018
Change
Current contract assets
 
$
24.8

 
 
$
43.2

 
 
(42.6
)%
 
Noncurrent contract assets
 
0.7

 
 

 
 
100.0
 %
 
Current contract liabilities
 
(60.6
)
 
 
(61.7
)
 
 
(1.8
)%
 
Net contract liabilities
 
$
(35.1
)
 
 
$
(18.5
)
 
 
89.7
 %